Macro Musings with David Beckworth cover image

David French on Political Polarization in America and Its Impact on the 2020 Elections

Macro Musings with David Beckworth

00:00

Are We on the Path of Increase Federalism?

If we stay on this path, there's a reasonable chance that the country breaks up. That by itself would have huge negative implications for not only our economy, but the global economy. If it's choices between that and increased federalism, which maybe shaves a few percentage points off growth, I think the answer is pretty obvious where you would want to go.

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