Ep. 101 Krugman: Trump and Republicans Plot Against Workers

25 August 2017     |     Tom Woods     |     15

Even if Republicans don’t get their way on taxes or spending, don’t be fooled, says Krugman: they have lots of other ways to make workers miserable.

Krugman Column

What Will Trump Do to American Workers?” (August 21, 2017)

Book Mentioned

The Illusion of a Conservative Reagan Revolution, by Larry M. Schwab

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  • http://2vnews.com 2VNews

    Blame big government (public education system, excessive regulation, excessive taxation, excessive spending) and Federal Reserve for hoarding off-shore, outsourcing, corporate inversions and the problems of American workers; not innovation, not technology, not immigration, not globalization, not foreign currency manipulation, not foreign subsidies, not journalists, not the media, not the rich, not statues and monuments, not capitalism.

  • Dagny

    Two women? That can’t possibly be right. Perhaps women are just less inclined to answer your survey?

    • http://www.TomWoods.com Tom Woods

      We were joking. 🙂

      • William Patton, Jr.

        I KNEW you were, I will be interested in hearing the survey results, though. Please share when it is completed.

      • Brandon Smifff

        Yeah there has to be at least 2 and a half or three?!

    • Bro Methylene

      Take it easy! There are five!

    • http://www.economicmanblog.com Roger Barris

      Quality, not quantity.

  • William Patton, Jr.

    Quick point which had not been mentioned on why truck drivers are earning less today than in the 1970s; government regulation first enacted UNDER Regan restricted the amount of hours per day truckers may drive. Therefore, drivers earn less overtime and drivers paid per mile travel fewer miles. Drivers used to falsify their log bogs but in the age of GPS tracking, this is no longer possible. Also, drug testing is another factor as drivers are not using stimulants to stay awake as they were in the 1970s. These laws may be good for public safety but it’s not surprising Krugman failed to mention that these laws have restricted the amount of money truckers earn.

    • hiimallen hiimallen

      As someone working in the trucking industry I wanted to correct this nonsense about drivers earning less today than in the 70’s. (Besides the fact that the exception to FLSA back in 1935 and then the Hours of Service rules rules beginning in 1939 and not changing until 1995.) Interstate drivers have never been paid overtime, but the good drivers can earn between 50k to 80k per year. In the oilfield of ND some were making 100k plus. The only drivers whose wages have not gone up significantly are union drivers. But even they have gone up.

  • davegrille

    There are more drivers now working larger portions of the year.

  • Bro Methylene

    These two need some snare-drum-and-cymbal sound effects to mark their superb comedic bits. Get the sound guy to find some “drops.” I’m waiting for Dr. Murphy to (yet again) point out that Dr. Woods is not a “trained economist.”

  • PG

    Where is the link to Bob Murphy’s take-apart of Robert Reich? Could it be… https://www.youtube.com/watch?v=mXm4j2ORYcg

  • http://www.economicmanblog.com Roger Barris

    It is truly amazing, and typical of how tone deaf he is, that of all the unions that could have been highlighted, Krugman chose the Teamsters, which is the union that represented the truck drivers during the “glory days” (for Krugman) prior to deregulation. Only the most corrupt, violent and exclusionary thugs of all. Well done, Paul! Surprised he didn’t accuse Reagan of killing Jimmy Hoffa.

    • CristobaI

      Weren’t they also, overwhelmingly, southern dudes that flew the rebel flag, and hated the sissyfied city-life???
      In other words – Krugman’s favorite targets of derision.