Trump's Dynamic Chance to Deliver Debt-Driven Stimulus

The transcript discusses the concept of dynamic scoring, a method used to predict the economic impact of policy changes by feeding them into macroeconomic models. It highlights the Trump administration's unprecedented approach to applying dynamic scoring to various policy areas, including tax, regulatory, energy, and trade plans. The discussion also covers criticisms from Democrats and economists like Doug Elmendorf and Alan Greenspan, who question the reliability of these models. The debate centers on whether dynamic scoring should include both tax cuts and spending, with a focus on infrastructure spending.

Discuss the implications of the Trump team's assertion that tax cuts will pay for themselves.

What concerns did Alan Greenspan express about the reliability of economic models?