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"Econ 102" with Noah Smith and Erik Torenberg
Fixing the US Economy: the Debt, Inequality, Biden/Trump Economic Predictions
Apr 10, 2024
Economist Noah Smith and Erik Torenberg dive into government spending, national debt, wealth taxes, economic predictions under Biden/Trump, respect differences in the US and Japan, deficit spending insights. They analyze wealth tax vs. capital gains tax, tax rates, Laffer curve, revenue generation, government healthcare spending inefficiencies, and societal values on respect and equality.
52:52
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Quick takeaways
- Effective deficit spending can mitigate economic crises by boosting growth and stabilizing markets.
- Implementing wealth taxes poses challenges, advocating for alternatives like increased capital gains taxes.
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