Fiscal Policy Is Big Wild Card: Mankiw

The video discusses the uncertainty surrounding fiscal stimulus and the Federal Reserve's potential response, including rate hikes. It analyzes President Trump's proposed policies, such as tax reforms and infrastructure investments, and their potential impact on economic growth. The discussion also covers trade policies, regulatory changes, and leadership shifts, highlighting the complexities and potential outcomes of these economic strategies.

What factors contribute to the uncertainty surrounding future fiscal policies?

How might President Trump's proposed tax cuts influence the economy?

Discuss the implications of the Federal Reserve's monetary policy in response to fiscal changes.

What are the potential impacts of fiscal stimulus on aggregate demand according to Janet Yellen?

What are the expected changes in corporate tax policy and their significance?

In what ways can infrastructure investments be beneficial or detrimental to the economy?

What concerns are raised regarding protectionist trade policies?