Justin Lahart

speaker

1,185 appearances 22 recordings 1 series first heard Jul 2017 last heard Dec 2024

Justin Lahart’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · 'Avengers' Scores, But Flops Hurt Movie Studios · 14 May 2018 podcast

And they want to see the next one, right? voice-verified

Even if they don't like the movie that much, they'll still go to that. voice-verified

They'll still go. voice-verified

Yeah, absolutely. voice-verified

Thank you. voice-verified

WSJ Your Money Briefing · Is the Fed Too Conservative in Growth Forecasts? · 27 Mar 2018 podcast

Sure. voice-verified

If you think about, you know, where we are right now compared to, you know, let's say where the Fed was in September, right? voice-verified

Back in September, we didn't know that we were going to get the tax cut and we didn't know about this huge increase in government spending that we're going to get, right? voice-verified

Now the Fed knows that. voice-verified

But if you look at the difference between their forecast from September and their forecasts now, you know, there is an increase in GDP growth, but maybe not as much as you would expect given how much money is crashing into the economy. voice-verified

Yeah, it seems like a big jump. voice-verified

But again, considering how much money is coming into the economy, it is not that big a jump. voice-verified

So one calculation that Robert Barbera from Johns Hopkins University did voice-verified

His suggestion, what he saw was the multiplier on the stimulus for this year seems to be about 0.45. voice-verified

So let me explain what a multiplier is. voice-verified

So the multiplier is basically how much bang for the buck you get from a fiscal package, from a tax cut, from anything like that. voice-verified

And if it's 45, that means that for every dollar you put in the economy, you get 45 cents worth of growth. voice-verified

That's not very much. voice-verified

And then Bob also looked at his 2019 projections, and that suggests that it's about 0.2, so 20 cents on the buck. voice-verified

Again, not very much. voice-verified

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