Haass: Finally Something Larger Going on in Washington

The transcript discusses the differences between Ronald Reagan's presidency and the current political climate, highlighting Reagan's developed philosophy and the changes in Washington's political landscape. It explores economic reforms, including tax changes and fiscal spending, and compares Reaganomics with potential policies under Donald Trump, considering their impact on the eurozone.

What role do 'animal spirits' play in the current economic situation as mentioned in the text?

Discuss the potential impact of fiscal spending and tax reforms on the economy as suggested in the text.