The Solution to Government Distrust

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Transcript

00:00This trust in the government isn't primarily caused by disinformation or anything else on

00:04social media. It's not echo chambers either. It's actually the economy, according to a new study.

00:11Factors like GDP, unemployment and especially inflation are what matter. The study looks at

00:16various economic factors and what it finds is that these factors are actually capable of explaining

00:22a great deal of the decline in trust. One way of putting it is to say that trusting government

00:29depends principally on good macroeconomic management. What does good macroeconomic

00:34management mean? In particular, it means keeping unemployment low and keeping inflation low.

00:40Governments that do that find over time that they're trusted. The good news in this study is

00:45that restoring trust might be as straightforward as keeping inflation tamed. The bad news for

00:50countries, especially the U.S., is that doing that is now a lot more difficult than before

00:55because of government mistrust.