
The Ethos of Economics with John Cogan and Kevin Warsh | Peter Robinson | Hoover Institution
Uncommon Knowledge
Are We Forward or Against COVID?
The president's tax and regulatory policies were the driving force behind those outcomes. But then if you look at tariffs, work in exactly the opposite direction. If you don't have your principles in place, then when a crisis hits, your response is just random. You may get it as wrong. And so when policymakers say, we're going to run a hot economy, we're keeping rate zero for you. We're going to do more of these bailouts for you. Real Americans right now are saying I don't need that kind of help because my real wages are falling further and further behind.
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