Faber: Doesn't Matter If GOP Gains Control of Senate

The video discusses the significance of the US Senate's configuration, suggesting that while Republican control might be seen positively, it may not significantly impact fiscal policies. Both parties have been criticized for excessive spending, though spending under Obama was relatively restrained due to factors like the sequester. Overall, the economy's spending as a percentage has not increased significantly and has even contracted.

What is the perceived impact if Republicans gain control of the US Senate?

• It will lead to increased government spending.

• It will be seen as a positive change.

• It will have no impact on fiscal policies.

• It will result in a decrease in taxes.

What is the speaker's overall view on the impact of the Senate's configuration on fiscal policy?

• It is irrelevant to fiscal policy.

• It has a minor impact on fiscal outcomes.

• It leads to drastic changes in fiscal policy.

• It is crucial for determining fiscal policy.

According to the speaker, how have both Democrats and Republicans handled government spending?

• They have both been fiscally conservative.

• They have both increased spending irresponsibly.

• Democrats have been more responsible than Republicans.

• Republicans have been more responsible than Democrats.

What factor contributed to the muted spending under President Obama?

• A rise in healthcare costs.

• The implementation of the sequester.

• A significant increase in tax revenue.

• A decrease in military spending.

How has government spending changed as a percentage of the economy under Obama?

• It has significantly increased.

• It has remained the same.

• It has fluctuated greatly.

• It has decreased.