Mnuchin Outlook for Sustained 3% Growth at Odds With Fed, Economists

Mnuchin Outlook for Sustained 3% Growth at Odds With Fed, Economists

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the optimistic economic forecasts by the Trump administration compared to other institutions like the Fed and IMF. It highlights the challenges of long-term economic forecasting, mentioning factors like retiring baby boomers, tax cuts, and trade wars. Charles Koch's comments on protectionist trade policies potentially leading to a recession are noted. The video also covers the impact of tariffs, with businesses like General Motors and Westinghouse expressing concerns over unintended consequences. The discussion includes differing views on addressing world trading system issues without resorting to trade wars.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Larry Kudlow's stance on the blame for the damage from tariffs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What unintended consequences did businesses face due to steel and aluminum tariffs?

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OFF