Nancy Lazar
speaker
133 appearances
1 recordings
1 series
first heard Mar 2026
last heard 30 Mar
Nancy Lazar’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Mar 2026 with 1.
Appearances
And it's like, wait, potential GDP growth has two components.
One is labor force growth, population growth, and the other is productivity growth.
And they seem to forget about that.
And productivity growth is boosting.
All you have to do is look at the CBO data.
CBO has data on potential GDP growth, and it has moved up to about 2.5%, which I don't hear anybody talking about, which suggests that real interest rates are about right.
We don't need cuts in interest rates.
Obviously, now the community is talking about higher rates.
We don't think that either, simply because this is a tax on the economy.
Fed policy is not overly aggressive.
So at the end of the day, we think rates are about right.
It is.
We had that call before the oil shot, before the war.
Because, again, we have fiscal policy, which is stimulative to growth to the tune of about 1.5% of GDP.
And, again, it's the right stimulus.
It's tax incentive.
It's CapEx incentives.
Second, the Fed has already cut rates 175 basis points.
They're below nominal GDP growth.
And then third, banks are easing lending standards.
Showing 81–100 of 133 · page 5 of 7
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