Robert Kaplan
speaker
231 appearances
1 recordings
1 series
first heard Apr 2025
last heard Apr 2025
Robert Kaplan’s voice in public audio — every appearance, attributed to the second.
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Appearances
And that's the issue.
It'll be a time lag.
Third big change, which we've talked about, is I would say a restructuring of the energy ecosystem, encouraging drillers here, we just talked about to drill, although they're going to be more reluctant, but then encouraging Saudi Arabia and others to produce more.
it'll be easier to permit a refinery, easier to create transmission.
And the idea is to help low moderate income families here, visibly, who've lost
25% plus purchasing power to allow them to pay a lower price at the pump and for power.
The fourth big one is.
Two big drivers of US excess GDP over the last three or four years.
One I would argue was excess fiscal spending.
And then the second was immigration and labor force surges due to some percentage of undocumented immigrants entering the workforce.
That obviously has ended.
Workforce growth will decline this year from previous years.
And there are millions of
Undocumented immigrants in the country who are uncertain of their status, and they make up half the construction workforce in a state like Texas.
They make up a chunk of the agricultural workforce and other workers in the service sector.
And what I'm hearing from employers is some number of those workers are not showing up at work because they're concerned about an ice raid and they're
concerned about their status.
They're certainly not spending.
And I think there's going to be a question as we go here do we want to clarify, does the government want to clarify how far they want to go here so those people can get back to their lives?
But the jury's out on that.
Showing 201–220 of 231 · page 11 of 12
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