Noah Smith
π€ SpeakerAppearances Over Time
Podcast Appearances
But I still remember that was sort of my first glimmer of politics.
And I started, you know, understanding that like everyone's scared about debt.
So when I was, you know, 10 years old or whatever, I thought debt was bad.
Because I saw people on the TV talking about a lot.
And so we can do that.
And so we'll have to- Cutting the deficit is one thing.
I mean, you know, growth isn't grinding to a halt.
In fact, if anything, I'd say that growth will accelerate a little bit due to the AI boom.
But that doesn't mean when I say accelerate, I don't mean we're going to grow it like 20% or whatever the AI, you know, boosters say.
I think, you know, maybe the standard forecast, maybe we'll grow it two and a half percent or maybe even 3%.
That would be amazing.
But like, but we will continue to grow.
Right.
Our economy will continue to grow.
There are things we can do to make it grow more.
One thing is, you know, we normally talk about growth in terms of per capita living standards, but we can also grow the total size of the economy by bringing in immigrants.
And that's exactly the opposite, of course, of Trump's strategy, especially high skilled immigrants that pay lots of taxes.
So we can bring in like, you know, millions of smart people from India and we can do that.
And then, you know, but Trump doesn't want to do that.
So that's a sidetrack, but we can do that.