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Contra Krugman

Ep. 84 Tax Cuts, Shmax Cuts: They're Overrated, Says Krugman

Contra Krugman

Tom Woods

News, News & Politics, Business News

4.7822 Ratings

🗓️ 1 May 2017

⏱️ 27 minutes

🧾️ Download transcript

Summary

Krugman can't believe people still think tax cuts (particularly on "the rich," who of course pay most of the taxes) might have good and substantial effects on the economy, or that they could believe that the ensuing economic growth could make up some of the lost revenue. We look at the facts of the matter.

Show notes for Ep. 84

Transcript

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0:00.0

Contra Krugman, episode 84.

0:05.1

Welcome to the podcast that takes apart Paul Kruikman's New York Times column.

0:09.8

Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the

0:14.5

arrows of Krukman.

0:15.7

Nobel Prize winner, newspaper columnist, and destroyer of nations.

0:19.7

It's time for Contra Krukman.

0:23.9

Folks, we're capitalists on this show and we're not ashamed of that. And one of the easiest

0:28.2

places to be a capitalist is on the internet. So for example, if you've got a website and you're

0:33.6

not monetizing it, then you're a schmuck. I'm going to show you what I'm doing exactly

0:38.6

step by step in this free ebook, Five Paths to an Online Income. Check it out at paths to

0:45.0

income.com. Hey, everybody, Bob Murphy here. When I'm not heroically standing up to Paul

0:50.8

Kroobin's antics, I also work at the Free Market Institute at Texas Tech

0:55.3

University, especially for you undergrads out there. If you're considering getting a PhD in

0:59.8

economics, check on our program. We have funding. It's the Free Market Institute,

1:06.0

www.fm.fm.tu.tu.edu.

1:13.0

Hey, everybody, Tom and Bob here with another episode of Contra Krugman.

1:15.7

We're a little late with this episode, and it's going to be a short episode, and the reason

1:19.5

for both is the same.

1:20.8

Bob has been out of town for the past week on the free market road show across Europe, so

1:25.9

he's been doing important work. But Sunday morning,

1:29.0

this is when we're recording this, is a pretty rough time for both of us. So it's a miracle

1:33.5

there's any episode at all for this particular week. So I hope you appreciate what we're able to

...

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