Ep. 113 Will Tax Cuts Mean Millions of Lost Manufacturing Jobs?
Krugman argues that the GOP tax plan, even on its own terms, would blow up the trade deficit and lead to millions of lost manufacturing jobs. We teach the economics behind his argument, but also mention–get ready for this–that Krugman leaves out two big factors that completely undercut his case.
Krugman Blog Post
“Tax Cuts and the Trade Deficit” (November 14, 2017)