Tyler Goodspeed Discusses The August Consumer Price Index (CPI) On FBN’s Morning With Maria Bartiromo
Hoover Institution fellow Tyler Goodspeed discusses the August Consumer Price Index as well as the impact of higher energy prices on the economy
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Tyler Goodspeed was a Kleinheinz Fellow at the Hoover Institution at Stanford University.
From 2020 to 2021 he served as acting chairman of the Council of Economic Advisers, having been appointed by the president as a member of the council in 2019. In that role he advised the administration’s economic response to the coronavirus pandemic, as well as subsequent economic recovery packages. He previously served as chief economist for macroeconomic policy and senior economist for tax, public finance, and macroeconomics, playing an instrumental role in designing the 2017 Tax Cuts and Jobs Act.
Before joining the council, Dr. Goodspeed was on the faculty of Economics at the University of Oxford and was a lecturer in economics at King’s College London. He has published extensively on financial regulation, banking, and monetary economics, with particular attention to the role of access to credit in mitigating the effects of adverse environmental shocks in historical contexts. His research has appeared in three full-length monographs from academic presses, as well as numerous articles in peer-reviewed and edited journals. Goodspeed has a PhD in history from Harvard University and a PhD in economics from the University of Cambridge. He also received a BA in economics and history from Harvard, an MA in history from Harvard, and an MPhil in economic history from Cambridge, where he was a Gates Scholar. He is currently a member of the American Economic Association and the Economic History Association and an adjunct scholar at the Cato Institute, and was previously a member of the Economic History Society and the Royal Economic Society.
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Hoover Institution fellow Tyler Goodspeed discusses the August Consumer Price Index as well as the impact of higher energy prices on the economy
Hoover Institution fellow Tyler Goodspeed provides insight on the state of the economy and the decline in the personal savings rate.
Hoover Institution fellow Tyler Goodspeed explains the Federal Reserve's response to inflation.
Hoover Institution fellow Tyler Goodspeed discusses July's job report.
Hoover Institution fellow Tyler Goodspeed discusses the June jobs report and why there might still be concern in the labor market.
Hoover Institution fellow Tyler Goodspeed discusses a federal judge blocking the Biden administration from contacting/asking social media companies to censor the public.
Keynote speaker Tyler Goodspeed talked about the U.S. labor market, starting in the 1950s. Following an “unprecedentedly inefficient” 2020-2021 labor market, the most current data suggests “a very tight labor market with a lot of job openings and low unemployment,” said Goodspeed, who chaired the president’s Council of Economic Advisers in 2020-2021.
Hoover Institution fellow Tyler Goodspeed discusses what San Francisco can do to halt its crime and homelessness problem. One solution is to return to the rule of law.
Hoover Institution fellow Tyler Goodspeed testifies before the U.S. House Committee on Financial Services on “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency.”
(10:30) Hoover Institution fellow Tyler Goodspeed testifies before the House Financial Committee concerning H.R. 556, the 21st Century Dollar Act, and H.R. 804, the Chinese CBDC Prohibition Act.
[Subscription Required] The US is teetering on the edge of recession – the Fed could push it over the brink.
The use of relative terms like “fairness” muddies the discourse on taxes, leading people to reject absolutely efficient gains that they perceive as unfair—even though they may make everyone better off.
Hoover Institution fellow Tyler Goodspeed discusses the US economy, the debt ceiling, and what might happen if the debt ceiling is not raised.
Hoover Institution fellow Tyler Goodspeed talks about the risk involved with the upcoming debt ceiling showdown in Congress and what that means for the stock market.
Hoover Institution fellow Tyler Goodspeed discusses the Biden administration's latest policies to prevent investment in China, and how the anti-China subsidies have antagonized allies.
Hoover Institution fellow Tyler Goodspeed discusses the economic outlook for 2023, the relatively strong labor market, and more.
Hoover Institution fellow Tyler Goodspeed discusses how looming market pressures will cause food and gas prices to spike again.
Hoover Institution fellow Tyler Goodspeed discusses Friday's jobs report.
[Subscription Required] Stress tests have made the banking system less varied and resilient, particularly to regulatory errors.
Hoover Institution fellow Tyler Goodspeed provides insight on the GOP's tax proposals.
[Subscription Required] The complex new rules are headed for a collision with U.S. tax treaties and low-tax nations.
Hoover Institution fellow Tyler Goodspeed talks about the December jobs report.
Hoover Institution fellow Tyler Goodspeed discusses PPI numbers and whether the numbers indicate a peaking of inflation. Goodspeed also talks about the broader inflationary pressures.
Hoover Institution fellow Tyler Goodspeed joins a panel to discuss the November jobs report.
Hoover Institution fellow Tyler Goodspeed discusses what's driving all the big tech layoffs at Amazon and Apple.
Hoover Institution fellow Tyler Goodspeed discusses the October jobs report.
Hoover Institution fellow Tyler Goodspeed talks about UK Prime Minister Rishi Sunak as well as pro‐growth economic policies around the world.
Economics Working Paper 22120
August’s inflation numbers shattered that faith and suggest the Fed will now have to pay the price for waiting too long.
Hoover Institution fellow Tyler Goodspeed examines the union's temporary deal with rail workers and the Fed funds rate
In this Hoover Q&A, Kleinheinz Fellow Tyler Goodspeed reacts to the August 2022 Consumer Price Index (CPI), which reported overall inflation up 8.3 percent from last year and 0.1 percent from July. Goodspeed argues that the current inflationary pressures are in large part a consequence of the American Rescue Plan of 2021. The $2 trillion bill (equal to 10 percent of US GDP) resulted in historical levels of aggregate demand.
(3:35) Hoover Institution fellow Tyler Goodspeed discusses wages not keeping pace with inflation which will cause more pressure from labor for wage hikes.
Hoover Institution fellow Tyler Goodspeed discusses inflation, what history might say about our current economic conditions, and what we can do to improve economic conditions.
Hoover Institution fellow Tyler Goodspeed discusses July's hotter-than-expected jobs report.
“In 2018 and 2019, real median household income in the U.S. rose by $5,000 — a bigger increase in only two years than in the entire eight years of the preceding recovery combined,” wrote economists Kevin Hassett and Tyler Goodspeed, who both served as chairs of the White House Council of Economic Advisers under Trump.
Generally speaking, the more you tax something, the less of it you get. The Government’s plans to raise Corporation Tax and end relief on new plant and machinery will result in less business investment – and steep costs for households.
Hoover Institution fellow Tyler Goodspeed discusses inflation, the US economy, and more.
Hoover Institution fellow Tyler Goodspeed discusses the economy.
Hoover Institution fellow Tyler Goodspeed discusses May's jobs report.
Hoover Institution fellow Tyler Goodspeed provides insight into how the Biden administration is handling the US economy and what they could do to improve the economy and help Americans.
For over six decades, the US-Japan Alliance has played a key role in maintaining stability in East Asia. Now, with the rise of China, the North Korean nuclear threat, instability in Europe, and competition in the high-tech sector, the alliance will play an increasingly important role. Washington and Tokyo can collaborate on next-generation technology, encourage democratic systems, and play an even larger, if more challenging, security role.
Hoover Institution fellow Tyler Goodspeed discusses PPI numbers and whether the numbers indicate a peaking of inflation. Goodspeed also talks about broadening inflationary pressure.
Hoover Institution fellow Tyler Goodspeed discusses the inflation report.
Hoover Institution fellow Tyler Goodspeed discusses the fiscal policies of the Biden administration.
Hoover Institution fellows Tyler Goodspeed and Kevin Hassett provide insight on the benefits and impact of President Trump's tax cuts.
[Subscription Required] Our predictions about the law’s effects on business investment, wages and tax revenue were correct.
Hoover Institution fellow Tyler Goodspeed points out the flaws in President Biden's proposed 2023 budget.
Hoover Institution fellow Tyler Goodspeed joins a panel discussion concerning March's jobs report.
Hoover Institution fellow Tyler Goodspeed discusses the likelihood of a recession.
Hoover Institution fellow Tyler Goodspeed discusses President Biden's proposed billionaire tax, interest rate hikes, deficit reduction, and inflation.
Hoover Institution fellow Tyler Goodspeed argues inflation has risen more in the United States compared to other countries worldwide and is largely due to the Biden administration policies.
Hoover Institution fellow Tyler Goodspeed testifies before the U.S. House Committee on Financial Services on "The Inflation Equation: Corporate Profiteering, Supply Chain."
Hoover Institution fellow Tyler Goodspeed gives his take on claims that the Fed's money printing policy is driving inflation.
New Hoover fellow Tyler Goodspeed, a former White House economic adviser, on the Trump economy before COVID—and why it proved a boon for the American taxpayer, worker, and investor.
“Surging inequality” is the phantom that just won’t go away—despite rising household wealth in the Trump years, even during the pandemic.
Better economic policy predating the coronavirus led to a sharp decline in wealth inequality.
Hoover Institution fellow Tyler Goodspeed argues the Federal Reserve is 'so far behind the curve' that three interest rate hikes won't be enough to combat inflation.
Hoover Institution fellow Tyler Goodspeed discusses December's jobs report.
(2:09) Hoover Institution fellow Tyler Goodspeed discusses the ADP jobs report which shows broad based gains. Goodspeed also talks about wage growth and inflation as well as taxes and incentives, and the overall health of the economy.
The 2017 tax cuts delivered results for the American people, despite the predictions of secular stagnation.
Hoover Institution fellow Tyler Goodspeed reviews the latest inflation and jobs data.
Hoover Institution fellow Tyler Goodspeed says that two potential rate hikes in 2022 may not be enough to combat rising consumer prices.
Hoover Institution fellow Tyler Goodspeed discusses the economy.
Hoover Institution fellow Tyler Goodspeed discusses the economy, inflation, and how the Biden administration's policies are impacting the economy.
Hoover Institution fellow Tyler Goodspeed discusses the economy as well as Biden's spending bill.
Hoover Institution fellow Tyler Goodspeed discusses the latest inflation data.
Hoover Institution fellow Tyler Goodspeed discusses jobs and the economy.
Hoover institution fellow Tyler Goodspeed provides insight into the Democrats’ spending agenda.
The Federal Reserve announced Wednesday that it would begin scaling back its monthly bond purchases in November, marking the first step towards ending its pandemic stimulus as inflation surges.
(4:20) Hoover Institution fellow Tyler Goodspeed discusses how the potential cost of climate change could affect the global economy. Goodspeed also discusses the US job market and the economy.
As Washington mulls trillions in “human infrastructure” spending and remains at an impasse over raising the federal debt ceiling, what are the economic consequences? Hoover senior fellows Niall Ferguson and John Cochrane are joined by economic historian Tyler Goodspeed, Hoover’s Kleinheinz Fellow and a former acting chair of the White House’s Council of Economic Advisers, to discuss the latest DC drama, the present supply-chain crisis and cryptocurrency’s future.
As Washington mulls trillions in “human infrastructure” spending and remains at an impasse over raising the federal debt ceiling, what are the economic consequences? Hoover senior fellows Niall Ferguson and John Cochrane are joined by economic historian Tyler Goodspeed, Hoover’s Kleinheinz Fellow and a former acting chair of the White House’s Council of Economic Advisers, to discuss the latest DC drama, the present supply-chain crisis and cryptocurrency’s future.
Hoover Institution fellow Tyler Goodspeed talks about the reconciliation bill and argues that the Democrats’ planned tax hikes puts America on the "wrong side" of the Laffer curve.
Hoover Institution fellow Tyler Goodspeed talks about economic growth, inflation, America’s debt ceiling, infrastructure, taxes, and spending negotiations on Capitol Hill.
(3:07) Hoover Institution fellow Tyler Goodspeed talks about the potential for a positive impact on the job market as the jobless benefits expire for millions.
Hoover Institution fellow Tyler Goodspeed talks about inflation.
Hoover Institution fellow Tyler Goodspeed argues that America is seeing current levels of inflation because of the Biden administration’s economic policies.
For years, Democrats have told us that inequality is the most pressing problem facing our nation. National media outlets have regularly echoed this point, often blaming Republican policies as major contributing factors. But you might have noticed that it has been a while since anyone mentioned any actual, recent facts about inequality. That is because we have learned when inequality statistics are not worth mentioning: when those statistics show Republican policies reducing inequality.
Hoover Institution fellow Tyler Goodspeed provides insight into inflation in the U.S.
Last week we learned that, in June, prices throughout the U.S. economy continued to rise at a pace we simply have not observed since the “Great Inflation” period of 1966-1982. Tuesday’s report that consumer prices had risen 0.9 percent (11.4 percent at an annual rate) was followed Wednesday with news that producer prices had surged 1 percent (12.2 percent annualized), both roughly double what economists had been forecasting.
TRANSCRIPT ONLY Tyler Goodspeed, the former director of the White House Council of Economic Advisers and currently the Kleinheinz Fellow at the Hoover Institution at Stanford University, explains why he pursued a job in the Trump administration, gives his thoughts on the economic policies of the Biden administration, and describes what it was like to watch one of the strongest economies in the history of the world implode over the course of several weeks in the spring of 2020.
AUDIO ONLY Tyler Goodspeed, the former director of the White House Council of Economic Advisers and currently the Kleinheinz Fellow at the Hoover Institution at Stanford University, explains why he pursued a job in the Trump administration, gives his thoughts on the economic policies of the Biden administration, and describes what it was like to watch one of the strongest economies in the history of the world implode over the course of several weeks in the spring of 2020.
Tyler Goodspeed, the former director of the White House Council of Economic Advisers and currently the Kleinheinz Fellow at the Hoover Institution at Stanford University, explains why he pursued a job in the Trump administration, gives his thoughts on the economic policies of the Biden administration, and describes what it was like to watch one of the strongest economies in the history of the world implode over the course of several weeks in the spring of 2020.
Hoover Institution fellow Tyler Goodspeed discusses today's CPI numbers and the threat of inflation.
Hoover Institution fellow Tyler Goodspeed talks about how real wages have decreased because nominal wages are being ‘outstripped’ by inflation.
The most worrying statistic in the latest monthly employment report is that the U.S. labor force declined during the month of May. On net, 53,000 Americans dropped out of the labor force, and the participation rate ticked down, from 61.7 percent to 61.6 percent, despite widespread vaccination and 48 of 50 states reopening or having completely reopened. Job gains of 559,000 were 116,000 jobs short of market expectations, the second month in a row of six-digit misses.
Hoover Institution fellow Tyler Goodspeed discusses the proposed increase in the capital gains tax and how that might affect our economy and our worldwide competitiveness.
Hoover Institution fellow Tyler Goodspeed discusses Biden’s $1.5 trillion budget proposal for domestic spending.
Hoover Institution fellow Tyler Goodspeed discusses the stimulus bill including California's share and how this will affect the economy.
Hoover Institution fellow Tyler Goodspeed shares his thoughts on the Democrats’ $1.9 trillion coronavirus bill.
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