Fed's Bullard Predicts 6.5% U.S. Economic Growth in 2021

The transcript discusses the US economic growth forecast for 2021, highlighting a potential 6.5% growth rate, one of the fastest since the mid-1980s. It considers the impact of the rapid vaccine rollout and a $2 trillion stimulus on economic forecasts. The principal risk to the economy is identified as the potential spread of the virus, despite the successful vaccine rollout. The effectiveness of the vaccine strategy against virus variants is also discussed, with optimism about controlling the disease and achieving a positive outcome in the US.

How has the vaccination strategy been described in terms of its effectiveness?

What historical context is provided regarding the management of diseases?