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EconoFact Chats
모두 재생(하지 않음)으로 표시
Manage series 2792031
EconoFact에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 EconoFact 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Podcast by EconoFact Chats
…
continue reading
300 에피소드
모두 재생(하지 않음)으로 표시
Manage series 2792031
EconoFact에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 EconoFact 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Podcast by EconoFact Chats
…
continue reading
300 에피소드
모든 에피소드
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EconoFact Chats

1 Unpacking Tariff Uncertainty, the Budget Bill, and a Debt Downgrade 40:42
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좋아요40:42
EconoFact Chats regularly hosts a panel discussion with top economic journalists. Since the panel last met in March, the House passed the 'big, beautiful budget bill,' Moody’s has downgraded U.S. debt, universities face stiff funding challenges, and tariff policy continues to be volatile. Binyamin Appelbaum (The New York Times), Scott Horsley (NPR), Larry Edelman (Boston Globe), and Heather Long (The Washington Post) discuss how policy uncertainty is playing out on the ground, what the proposed spending cuts could mean for lower and middle income Americans, and whether an increasingly uncertain fiscal picture could affect the willingness of foreign investors to keep financing U.S. debt.…
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EconoFact Chats

Since the mid-1990s, the U.S. social safety net has been geared towards policies that encourage and reward work. While steady jobs and decent wages are the surest routes out of poverty, evidence shows that safety-net work requirements rarely translate into higher employment among beneficiaries of the Supplemental Nutrition Assistance Program (SNAP–formerly known as “food stamps”). Diane Schanzenbach joins EconoFact Chats to explain how stricter mandates often push people off SNAP without pulling them into the labor market, a dynamic that becomes more relevant as Congress weighs bills that would make continued SNAP and Medicaid benefits contingent on having or actively seeking work. Diane is the Margaret Walker Alexander Professor of Human Development and Social Policy at Northwestern University. She is also a member of the Food and Nutrition Board of the National Academy of Science, Engineering and Medicine. She recently testified in front of the House Committee on Agriculture on the issue of increasing SNAP's mandatory work requirements.…
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EconoFact Chats

This week, EconoFact Chats features an abridged version of the EconoFact Ask Me Anything Webinar held on April 22nd, featuring Maurice Obstfeld, former Chief Economist at the IMF, and a member of the Council of Economic Advisors. Maury answers questions on the role of international trade in the US economy, tariffs and their consequences, dollar weakness, and prospects for the U.S. and the global economy. EconoFact’s monthly Ask Me Anything Webinars are exclusively available to our Premium Subscribers. The modest $50 annual fee for becoming a Premium Subscriber supports EconoFact and its efforts to bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription at https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157…
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EconoFact Chats

Manufacturing employment has been declining as a share of total employment in the U.S. What's driving this decline? Does the reduction in manufacturing employment represent a natural progression as economies evolve? Can manufacturing jobs today offer a stable, well-paying means of employment for those without a college education? If not, what policies can help those without a college education find careers that offer a path to the middle class? Robert Lawrence joins EconoFact Chats to discuss these questions. Robert is the Albert L. Williams Professor of International Trade and Investment at the Harvard Kennedy School. He served as a member of the President's Council of Economic Advisors from 1998 to 2000. His latest book is 'Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?'…
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EconoFact Chats

About one in five Americans receive retirement, survivor, disability, or supplemental income Social Security benefits. These payments represent a vital financial safety net, especially for retirees who have had modest lifetime earnings. This importance of Social Security makes reducing its benefits the “third rail” of American politics. But its pay-as-you-go structure – where today’s workers fund today’s retirees – threatens its fiscal solvency as fertility rates fall and aging baby boomers exit the labor force. Is there a way to keep the safety-net solvent? What's at stake if Social Security reform is unaddressed? Gopi Shah Goda joins EconoFact Chats to discuss these issues. Gopi is the Director of the Retirement Security Project, the Alice M. Rivlin Chair in Economic Policy, and Senior Fellow in Economic Studies at The Brookings Institution. She served as a Senior Economist for the Council of Economic Advisors in 2021 to 2022.…
The U.S. dollar is the most widely used currency in global commerce. Many commodities are priced in dollars. Much of world trade in goods and services, as well as in financial instruments, is denominated in dollars, even when U.S. residents are not party to either side of the transaction. U.S. Treasury bonds have been the world’s safe-haven asset. Has the U.S. benefited from the dollar's role in international trade and finance? Is dollar dominance waning under current U.S. policies? If so, what are the likely consequences? Paul Blustein joins EconoFact Chats to discuss these issues. Paul is a Senior Associate at the Center for Strategic and International Studies. He is the author of 'King Dollar: The Past and Future of the World's Dominant Currency.'…
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EconoFact Chats

This EconoFact Chats episode is an abridged version of the EconoFact Ask Me Anything Webinar held on March 26th that featured John Campbell (Harvard), one of the leading authorities on finance and financial markets. John addressed questions on stock market performance, the links between financial markets and the broader economy, the need for consumer financial protection, and strategies for personal financial security. John's forthcoming book is 'Fixed: Why Personal Finance is Broken and How to Make it Work for Everyone.' EconoFact’s monthly Ask Me Anything Webinars are exclusively available to our Premium Subscribers. The modest $50 annual fee for becoming a Premium Subscriber supports EconoFact and its efforts to bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription at https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157…
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EconoFact Chats

United States Treasury bonds have long been viewed as a highly liquid investment with very little risk of default. They have served as a safe haven for investors and also provided a benchmark interest rate for mortgages, car loans, corporate debt, and other bonds. Typically, Treasury bond yields fall at times of financial stress as demand for Treasury securities rise. But this time is different. Bond prices have fallen and yields have risen in the wake of the policy volatility of the past month. Jeremy Stein joins EconoFact Chats to discuss the reasons for the increase in interest rates, its possible consequences, and policies to calm the bond market. Jeremy is the Moise Y. Safra Professor of Economics at Harvard University. Previously, he served as a member of the Board of Governors of the Federal Reserve. He was also an advisor to the Treasury Secretary during the 2008 Global Financial Crisis.…
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EconoFact Chats

US federal debt is currently almost as large as annual national income, something not seen before the pandemic. Expenditures like interest payments on the debt, military spending, and Social Security cannot be easily trimmed, and the provisions of the Tax Cuts and Jobs act are likely to be extended, adding an estimated $5 trillion to the debt over the next decade. What are the likely consequences for the economy of rising debt? And how will this affect people’s retirement, especially if there are cuts to Social Security? Wendy Edelberg and Ben Harris join EconoFact Chats to discuss these issues. Wendy is the director of the Hamilton Project and a Senior Fellow in Economic Studies at The Brookings Institution. She previously served as Chief Economist at the Congressional Budget Office. Ben is the Vice President and Director of Economic Studies at Brookings. He was Assistant Secretary for Economic Policy and Chief Economist at the Treasury Department in the Biden administration.…
President Trump inherited an economy that was, at least in the aggregate, performing exceptionally well. Since taking office, however, the stock market has fallen, and there are heightened expectations of a slowdown due to the policies, and uncertainty from the shifts in policies, of the new Administration. Are these concerns well-founded? Or will tariffs, cuts to government jobs, and deregulation help usher in a stronger economy? Mark Zandi considers these issues on EconoFact Chats. Mark is Chief Economist at Moody’s Analytics. He serves on the board of directors of MGIC, the nation's largest private mortgage insurance company, and is the lead director of Reinvestment Fund, one of the nation's largest community development financial institutions.…
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EconoFact Chats

Tariffs are taxes. But unlike most taxes, politicians on both sides of the aisle are calling for maintaining or raising tariffs. The goal is to save jobs and raise revenue. But do tariffs help achieve these objectives? Kim Clausing joins EconoFact Chats to discuss her research on how tariffs negatively impact consumers, shift tax burdens away from the well-off toward lower-income consumers, adversely affect U.S. workers and industries, and invite retaliatory tariffs from trading partners. Kim is the Eric M. Zolt Professor of Tax Law and Policy at the UCLA School of Law. She served as the Deputy Assistant Secretary for Tax Analysis in the U.S. Department of the Treasury during the first years of the Biden Administration. Note: This podcast was first posted on 16th June 2024.…
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EconoFact Chats

1 Tariffs, Immigration, and DOGE: Assessing the Policies of Trump 2.0 37:51
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Labeled by The Economist as 'the envy of the world' in October 2024, the US economy today is marked by growing fears of a recession amid aggressive tariffs, threats of tariffs, deregulation, and drastic employment cuts across the federal government. Despite the short-term pain, could the Trump administration's policies make the US economy stronger and more productive over the long run? Or is lasting turbulence, lower productivity and economic stagnation a more likely outcome? Heather Long (Washington Post), Greg Ip (Wall Street Journal), Scott Horsley (NPR), and Binyamin Appelbaum (New York Times) join EconoFact Chats to discuss these issues.…
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EconoFact Chats

Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics (BLS) uses the acronym AORTA to characterize good data; Accurate, Objective, Relevant, Trustworthy, and Accessible. This is apt since good data are the lifeblood of economic decision-making. But what happens if statistics are compromised by reduced staffing and resources, or by politically motivated manipulation? Erica joins EconoFact Chats to discuss the history and the role of the BLS, the importance of good data for decision-making by government, businesses, and families, and her concerns about political interference degrading the integrity of government statistics. Erica served as the Commissioner of the U.S. Bureau of Labor Statistics from 2013 to 2017. She is currently Senior Economics Advisor at the Cornell School of Industrial and Labor Relations, and a Research Fellow at the Upjohn Institute.…
In his 2012 book, 'A Capitalism for the People,' Luigi Zingales notes the deep economic problems that arise when people are rewarded for who you know, or even, who you pay off, rather than what you know, or your ability to produce and sell better goods and services. What are the broader consequences of this type of corruption that distorts outcomes like who gets a job, what is purchased, and what attributes determine economic success? What impact does corruption have on public trust in institutions? What can one do when norms that had protected market-based outcomes break down or prove insufficient? And what do the answers to these questions tell us about present circumstances? Luigi joins EconoFact Chats to discuss these issues. Luigi is the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the Booth School of Business at the University of Chicago. He is also the Director at U. Chicago's Stigler Center.…
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EconoFact Chats

The United States is an outlier in health insurance coverage. Almost all other high-income countries have near-universal coverage, while almost 10% of the non-elderly US population is uninsured. How did this come to be? And what can policymakers do to improve access to health insurance? Mark Shepard joins EconoFact Chats to discuss these questions. Mark is an associate professor at Harvard Kennedy School of Government, and a faculty research fellow at the National Bureau of Economic Research.…
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