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Transcripts For CSPAN2 Discussion On COVID-19 The Economy 20240710

Pursue infrastructure goals and as people look at hosey making over the next year. Secondly, three economists who have not on the same side at all, collaborated in this way. We have joseph stiglitz, the nobel prizewinning Economist And Luminary at the university. We have Peter Orszag is a Form Head of the omb whos been at the heart of questions about policymaking in the white house whos now and when robert rubin, former secretary and now it the council. The third reason why the session is so remarkable is the three of them have not only come together to address these incredibly real life issues but theyve embraced a word we dont often from economists, which is humility. Yes, humility. They collectively decided they had been wrong or rather the economic profession of the road to pretend to be so certain in the past about where the world was going with Interest Rates and debt levels and budgets, and essentially they are trying to compose [inaudible] to do with the fact like the rest of u

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