Moody's Talks - Inside Economics Not To Get Political…
Dec 30, 2024
Justin Begley, a federal fiscal policy expert at Moody's Analytics, joins the discussion on the economic implications of a smaller government under the incoming Trump administration. The conversation examines the proposed agency DOGE and its regulatory agenda, questioning how deregulation could affect economic growth. They also tackle the complexities of immigration policies, the relationship between mergers and acquisitions and wealth distribution, and the soaring number of federal regulations, debating their costs versus benefits in the current economic landscape.
AI Snips
Chapters
Transcript
Episode notes
H-1B Visa Debate
- The H-1B visa debate is framed as MAGA right versus tech right.
- Economists view H-1B visas as a way to address skilled labor shortages, supporting economic growth.
Prague Office Anecdote
- Mark Zandi tells a story about his company trying to hire a Prague economist.
- They opened a Prague office due to visa issues, highlighting how jobs could be created elsewhere.
Market Sell-Off
- A bond market sell-off and stock market decline are observed.
- This might be due to the Fed's pause signal, impacting highly valued markets sensitive to asset prices.