This week on Uncommon Knowledge, former Florida governor Jeb Bush offers his outlook on immigration into the United States and discusses the policies he believes would improve the issue. (47:16)
“I think we've [the Republican Party] become too reactionary. We have not been as positive, offering concrete proposals that are based on this principle that the future is incredibly bright. If we believed it, we would be advocating across-the-board principles and policies that would advance that notion.”

John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, weighs in on the effects of the current monetary policy and enormous US debt. Taylor notes that the United States needs to reduce spending slowly and gradually get the budget in balance.

John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, testified before the Joint Economic Committee on Thursday, April 18, 2013. His testimony was titled “The Fed at 100: Can Monetary Policy Close the Growth Gap and Promote a Sound Dollar?” According to Taylor, the Federal Reserve’s recent departure from a rules-based monetary policy has had an adverse effect on the economy; the gains from a return to a steadier policy would close the growth gap and maintain the purchasing power of the currency.

John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, weighs in on how to reduce the US debt, jumpstart the economy, and develop a more predictable monetary policy.