Posen: Trump Can't Do Anything With Labor Market

The video discusses the potential impact of Donald Trump's presidency on employment and the economy, highlighting the challenges faced by central banks in responding to political changes. It compares the dollar's performance under different Republican administrations and examines the Federal Reserve's projections and economic forecasts.

What are the potential consequences of Donald Trump's approach to job creation according to the text?

How does the speaker compare the job creation efforts to historical events?

What is the speaker's view on the effectiveness of central banks in anticipating political changes?

What factors does the speaker believe contribute to the dollar's performance under different Republican administrations?

In what way does the speaker suggest that fiscal stimulus under Trump may differ from previous administrations?