As America Votes, Will Economics Trump the Rhetoric?

The transcript discusses the challenges of achieving quality economic growth, highlighting historical growth cycles since 1980 and the role of central banks. It questions what constitutes normal growth, suggesting that current technological innovations may initially be deflationary. The discussion shifts to fiscal policy, infrastructure spending, and political obstacles, noting the constraints of deficit spending. The transcript concludes with a debate on whether 2% growth is the new normal and the impact of income inequality on voter sentiment.

What are the potential long-term effects of technological innovation on job markets according to the speaker?

Discuss the relationship between income inequality and the current state of economic growth.