Deficit spending is bad in the long term, it's good in the short term. Or continued AI and continued AI cap ex spending. Those are the reasons for a positive Other option is recession. Over 50% of Americans have been economically damaged by high rates of inflation over the last five years. a weakening labor market and rising unemployment. AI displaces a greater amount of the workforce. Risk of a sizable correction in the equity markets, rising credit defaults in business and consumers. (1:17:55–1:18:03)
CLAIM
Asserts that over half of Americans have suffered economically due to inflation in the past five years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
