Economists Agree: Trump Is Full of Shit

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Republicans will be voting to take health care away from 24 million people in an hour or so, but while we wait for this vicious act of wanton cruelty to become official, let’s talk about President Trump’s tax plan. Will it pay for itself via supercharged economic growth? The IGM Forum asked a panel of economists:

Well, that’s pretty unani—wait. What’s that 5 percent of economists who strongly agree? Who the hell are these people?

The answer is Bengt Holmström of MIT and Kenneth Judd of Stanford. Seriously? Ha ha. No, just kidding. We think. The moderator adds this in comments: “Panelist meant to Strongly Disagree (question misread)….This is my best guess.”

So it was really 100 percent of economists who think the “plan” has zero chance of paying for itself. But maybe some enterprising reporter should ring up Holmström and Judd just to make sure.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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