Is President-Elect Donald Trump a Keynesian?

Is President-Elect Donald Trump a Keynesian?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the concept of Keynesian stimulus and dynamic scoring, particularly in the context of U.S. economic policy. It explores how dynamic scoring is used to make tax cuts appear less costly by predicting future economic growth. The discussion includes Trump's unique approach to dynamic scoring, which incorporates regulatory and trade changes. The challenges of economic modeling are highlighted, with insights from economists and institutions like the CBO. The transcript concludes with a debate on the trustworthiness of economic scoring methods and their political implications.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential outcomes if the models used for predicting tax cuts are incorrect?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Congressional Budget Office (CBO) view dynamic scoring?

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