(USA) What is potential GDP, and why is it so controversial right now? (Brookings)

Tyler PowellLouise Sheiner, and David Wessel

President Biden’s proposal to spend another $1.9 trillion to shore up the COVID-ravaged U.S. economy is prompting a debate over how much fiscal stimulus is too much. One element of the debate compares the likely path of Gross Domestic Product (GDP) to estimates of potential GDP. So what is potential GDP? And why is it controversial now?

https://www.brookings.edu/blog/up-front/2021/02/22/what-is-potential-gdp-and-why-is-it-so-controversial-right-now/

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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