Will: Gridlock Can Benefit Economy

Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now

This audio file is brought to you by

0:00

0:00

Loading audio file, please wait.

Speed
1.00

• 0.25
• 0.50
• 0.75
• 1.00
• 1.25
• 1.50
• 1.75
• 2.00

University of Indianapolis Associate Professor of Finance Matt Will says despite a hotly-contested presidential election, there will likely be "no real change," regardless of the winner, when it comes to the national economy. He says a divided government forces elected officials to compromise, which can often lead to economic progress.

Will says people often "run from the extremes." He says, with a divided government, policy will be tempered, and the president will be forced to govern from the center. As an example, Will cites a slowing of the national debt increase since Republicans took over Congress. He says that’s not necessarily because one party is better than another in that area, but because they have had to compromise.

Will spoke Tuesday at the 2016 Indianapolis Economic Update, presented by First Financial Bank.