El-Erian dissects economic indicators
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•Transcript: Mohamed El-Erian on "Face the Nation with Margaret Brennan," Nov. 3, 2024
66% Informative
Mohamed El-Erian is the Chief Economic Advisor at Allianz .
He says the economy is growing robustly and inflation is coming down.
The main challenge for the next administration is to maintain economic exceptionalism.
Neither candidate is even making a gesture towards reducing the debt burden in this country.
Mohamed El-Erian: Tariffs have a role to play, but not to the extent- and similar for the other side, industrial policy and regulation, they both have a part to play.
He says it's not a good idea to promise the use of tariff to deliver all sorts of things, be it a lower deficit or protecting domestic producers.
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