Trump Facts & Tariffs

Published / by Stephen

Share This: First some selected Krugman’ quotes on trump facts and tariffs, A Ranting Old Guy With Nukes: 1.  Regarding being “factually challenged:” …you can’t help noticing that his opinions seem a bit, well, factually challenged. No, we aren’t experiencing a huge wave of violent crime carried out by immigrants. No, we don’t give away […]

Trump’s Understanding of Tax & Tarrif Policy

Published / by Stephen

Share This: A Krugman Lesson on Tax Policy Krugman on what Alexandria Ocasio-Cortez knows about tax policy? (a lot) versus what Trump knows? (not much) A Comment on Trump’s Twisted Tariff Logic Trump claims Chinese tariffs have brought in millions. Wrong. A tariff on imports is a Tax. The Tax is paid by companies importing […]

Trump’s Voodoo Economics

Published / by Stephen

Share This: Lets see: reduce taxes at all levels and for corporations; increase defense and infrastructure spending. Where is the money going to come from? According to Stiglitz “The only way he can square higher infrastructure and defense spending with tax cuts is voodoo economics.” Both Reagan and George W Bush tried tax cuts without […]

Trump and Manufacturing Employment

Published / by Stephen

Share This: If you think that Trump’s actions, to keep manufacturing in the US, are going to have a significant impact on manufacturing employment, don’t hold your breath. If you think these actions will help the economy you are wrong. The reasons are twofold:  structural change in manufacturing processes worldwide and the negative impacts of […]