Bloomberg Talks
IBM Vice Chairman Gary Cohn Talks US Economy
Jan 21, 2025
Gary Cohn, Vice Chairman at IBM and former National Economic Council director under Trump, shares his insights on the US economy. He discusses the political hurdles in implementing tax cuts and the corporate optimism surrounding Trump's policies. Cohn offers a historical lens on the yield curve, explaining its significance for today's economic indicators. The conversation also touches on the pressing issues of national debt and the importance of fiscal responsibility, especially regarding Social Security amid ongoing market uncertainties.
09:26
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Quick takeaways
- Gary Cohn emphasizes the complexities of implementing US tax reforms while managing national debt and Congressional power dynamics.
- The corporate community expresses optimism about Trump's policies, reflecting their potential impact on the overall economic landscape.
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