Ep. 75 Tax Cutting and Deregulation: It’s a Myth That These Cause Economic Growth!!
Krugman says the Trump Administration is wrong to expect economic growth in the range of 3 to 3.5 percent a year. We look at Krugman’s analysis of what does and doesn’t cause economic growth — and why he thought it was reasonable to expect 3 percent growth a year under Obama, which never happened in any year.
“On Economic Arrogance” (February 20, 2017)
“What Economic Research Says About Fiscal Austerity and Higher Tax Rates,” by Bob Murphy
“Krugman’s “Gotcha” Moment Leaves Something to Be Desired,” by Dan Mitchell
“Wanna Bet Some of That Nobel Money?,” by Greg Mankiw
Join Us Aboard the Contra Cruise!
Bob and Tom are hosting the second annual Contra Cruise for fans of Contra Krugman! October 15-22 aboard Royal Caribbean’s Oasis of the Seas, and departing from Port Canaveral. It’s an absolute blast, as you’ll see in the video. Check it out by clicking here.