Furman on Tariffs’ Economic Impact

Jason Furman, former Chair of the Council of Economic Advisers, argues that U.S. tariffs will not lead to a recession. He emphasizes the resilience of the U.S. economy and the importance of fiscal policy in maintaining growth despite trade tensions.

Fiscal Policy Insights

Furman highlights that sound fiscal policy can mitigate potential negative effects of tariffs. He asserts that the administration’s approach to managing economic challenges is crucial for sustaining overall economic stability and avoiding recessionary pressures.