February 3, 2020· 59 min

How To Use Fiscal Stimulus To Stave Off The Next Recession

Orality
Model
50%

Speaker Breakdown

HostJoe Weisenthal(1,953 words)
M:28%
HostTracy Alloway(959 words)
M:28%
GuestClaudia Sahm(6,757 words)
M:27%

Oral Indicators

Agonistic32%
literally, completely, extremely
Engagement68%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
they (94x), like (75x), recession (60x)
Parallelism95%
And I'm Tracy Alloway...., So, Tracy, you know, one of th..., So the spiel that you've been ...
Sound Patterns43%
44 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
i mean, so to speak

Literate Indicators

Hedging6%
maybe, may, arguably
Passive Voice5%
be conducted, be adjusted, was trained
Abstract Nouns15%
investment, recommendation, inflation
Subordination8%
because, whereas, although
Sentence Length40%
Avg: 14.9 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers3%
according to
Impersonal Style32%
690 personal pronouns found
Descriptive Style79%
literally, completely, actually

Description

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. See omnystudio.com/listener for privacy information.