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Out of 42 top economists, only 1 believes the GOP tax bills would help the economy
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| Contributor | RP |
| Last Edited | RP Nov 27, 2017 12:21pm |
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| Category | Poll |
| Author | Ezra Klein |
| News Date | Wednesday, November 22, 2017 05:50:00 PM UTC0:0 |
| Description | The University of Chicago’s Booth School of Business runs an ongoing survey of top economists spanning a wide number of specialties and political outlooks. The panel includes multiple Nobel Prize winners, White House veterans, and former presidents of the American Economic Association. Recently, they were asked about the Republican tax reform bills. The results weren’t encouraging.
So here, then, is the verdict of the economics profession. The growth benefits of the Republican tax plans are either nonexistent or uncertain. The increase in debt, by contrast, seems certain. |
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