Biden’s Tax Plans Lean Against Investment, Economist Hubbard Says

The video discusses the current economic challenges not covered in textbooks, focusing on the need for clear monetary and fiscal policies. It explores inflation dynamics, suggesting it could be transitory, and highlights the impact of fiscal policies on productivity and stagnation. The discussion also covers tax policies, comparing past and present approaches, and their effects on investment and economic growth.

In what ways could the Biden Administration's proposals lead to stagnation and reduced productivity?

What historical examples illustrate the impact of tax policy on economic performance?