Goolsbee Says Tax Cuts Weren't Paid for, Haven't Helped Americans

The video discusses the effects of tax cuts on the US economy, highlighting both positive and negative impacts. It examines the lack of significant capital investment following the cuts and the potential risks of economic overheating. The discussion also covers the implications of trade tensions and tariffs, particularly between the US and its allies, and the potential for a trade war with China. The video concludes with concerns about the impact of tariffs on the manufacturing supply chain.

What potential risks are associated with the tax cuts in a full employment economy?

What impact do tariffs have on American manufacturing according to the discussion?

What are the implications of a trade war as discussed in the text?