Ep. 113 Will Tax Cuts Mean Millions of Lost Manufacturing Jobs?

18 November 2017     |     Tom Woods     |     5

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)

Related Link

Overview of the Senate’s Amendment to the Tax Cuts and Jobs Act

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