Daniel Altman Keynotes
The Daniel Altman speeches provide valuable information on economic opportunity. He is the founder...
Need Inspiration?
Get inspired by 4,000+ keynote speaker videos & our founder, a top keynote speaker on innovation.
A National Debt Crisis Keynote by Daniel Altman
Jonathon Brown — February 7, 2013 — Keynote Trends
References: danielaltman & youtu.be
Daniel Altman’s national debt crisis keynote discusses the fundamentals of the United States fiscal cliff and asserts that the problem is not as urgent as many people make it out to be.
Since the recession hit a few years ago, many in the United States have debated what the government should do. Daniel Altman says the worst thing any government can do during a downturn is tighten its belt, raise taxes and cut spending because this only slows down the economy more. Furthermore, he points to the low interest rates during a downturn as an attractive climate for borrowing. Altman points out the interest rates are lower than in the Reagan and the Bush years.
Altman’s point is that the U.S. has some time before interest rates will go back up (probably when the economy recovers) and thus are not in as urgent a crisis as some think.
Since the recession hit a few years ago, many in the United States have debated what the government should do. Daniel Altman says the worst thing any government can do during a downturn is tighten its belt, raise taxes and cut spending because this only slows down the economy more. Furthermore, he points to the low interest rates during a downturn as an attractive climate for borrowing. Altman points out the interest rates are lower than in the Reagan and the Bush years.
Altman’s point is that the U.S. has some time before interest rates will go back up (probably when the economy recovers) and thus are not in as urgent a crisis as some think.
0.3
Score
Popularity
Activity
Freshness