I'm John Batchel with Professor John Cochran, the grumpy economist. You can find his postings at

Substack. It's great fun to read about economics that's playful. And John has a post now where he is

king of the universe recommending to Mr. Trump, go big, not tariffs here and border control there and deportation here.

Go very big. Use big words like freedom. And also let us supply ourselves to the troubles with

our economy and everybody's economy. The one I went right too, because it's a long list.

Down to health and immigration.

Right away is taxes.

John, we read that the major goal for the Trump administration in this term, because it's the final

term, there's no extension, is to secure the 2017 tax and jobs bill act that reduced taxes and made it advantageous to a lot of

corporations, a lot of corporations, some that I know very well, because you could write down

the cost of your capital goods in the first year, because it

was friendly towards growing the 2017 Tax and Jobs Act. That is what taxes can do for the economy.

But there's now talk that there's actually a faction in the Congress that worries about the debt that piles up when you

cut taxes and don't have an offset of revenue. What is to be done about tax cuts? Is there a way

to deal with them so that they encourage prosperity and growth without running up that debt

that's overhanging us.

Yes, and I like to use the word reform better than cut.

Now, let's say, extending the tax cuts is important, and I support what you doing.

There's been good studies that Kevin Hassett, Josh Rao, and John Hartley just issued a very nice

report showing that the corporate

taxes increased investment. They are, the corporate tax cuts are responsible for a lot of the

growth we've seen. Good thing to do. Don't go back to what we had before for economic growth.

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