Subscribe to Odd Lots on Apple Podcasts: https://podcasts.apple.com/podcast/odd-lots/id1056200096?mt=2
There’s a growing consensus that governments need to act more aggressively in using fiscal policy to stave off the next recession, and that monetary policy simply isn’t powerful enough. But how do you actually go about it? What do you spend the money on, and how do you get politicians to disburse it in a timely manner? On this week’s Odd Lots, we speak with Claudia Sahm, a former Fed economist who is now at the Washington Center for Equitable Growth, on ways to systematize and automate an early and aggressive fiscal response to economic weakness. Sahm has achieved fame for her so-called “Sahm Rule” which can provide policymakers with an early warning sign of when a recession might be brewing.
About the Odd Lots podcast:
Bloomberg’s Joe Weisenthal and Tracy Alloway take you on a not-so random weekly walk through hot topics in markets, finance and economics.
Subscribe on Apple Podcasts to listen to more episodes: https://podcasts.apple.com/podcast/odd-lots/id1056200096?mt=2
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