Collender: Need U.S. Economic Crisis for Congress to Act

The transcript discusses the inaction of Congress, particularly on fiscal policy, and the potential for an economic crisis to prompt action. It explores the political dynamics between Republicans and Democrats, the impact on budget decisions, and the likelihood of filibusters. Economic projections, including interest rates and Brexit's impact, are considered. The discussion also touches on public sentiment regarding government benefits and perceived fairness.

What factors are mentioned as influencing Congress's actions regarding fiscal policy?

According to the text, what is likely to trigger Congress to act on the budget?

What is the significance of the political landscape described in the text regarding the House and Senate?

What economic conditions are discussed that may affect the budget and fiscal policy?

How do individuals perceive their benefits from government programs according to the discussion?