versity professor kotlikoff we were discussing the.ifficulty with funding just before the break and trial for his part accused the democrats of trying to steal the limelight from his much vaunted tax bill and i get it from your writing that tom's bragging about how good the tax bill is is not entirely unfounded correct me if i'm wrong but your cultivation showed that it is likely to expand the economy and real wages by about five percent over time there are lots of people who are very critical of that bill of what do you like about it well i think to begin with we should realize that it didn't start with it's not even clear the trump understands the bill or the economics underlying it the bill actually was kind of half of the democratic proposal to have a republican proposal nisan the sense that the business tax part was partly designed by a democrat leaning academic economists but anyway over time this pretty good tax reform proposal which was initially called the better way plan evolved into the tax cut and jobs act which i'd give it

economy seems to be doing just fine let's pull in laurence kotlikoff he's a professor of economics at the university of boston so things are looking fantastic can you give me your analysis of whether or not trump's presidency has had anything to do with that well i think you know i mean. you know they get onto the bandwagon and business leaders i think now or. you know domestic about the future i don't think it's any specific housekeepers say that trump has engaged in because the increase in a star is far beyond. what. you were going to get out of the tax cuts on the business side and any regulation changes is just i think you're a general climate in optimism. you know the economy really if you think about what happened in two thousand and eight everybody got very upset about lehman brothers going under that they investment banking it was you know the end of a series of other failures and then there were more to come but if you think about it lehman brothers is going to india and did not collapse and its employees were not kill so the real economy didn't change but the entire economy

states will ever be able to bring its finances in order to discuss that i'm now joined by laurence kotlikoffa professor of economics at boston university and a write in candidate in the two thousand and sixteen presidential elections but as a consequence good to talk to thank you very much great to be here with you now you were scathingly critical of mr trump both before and after his election so i think it's safe to assume that you never expected him to be an outstandingly good president but a year and can you say fully say that he turned out to be an outstandingly bad one . you know i would say yes i think that in terms of how he's presenting the u.s. to the rest of the world it's been a miserable miserable display of authoritarianism reeses. and a lack of real focus and understanding of what the country needs now. you can see this in the health care area we had really a débâcle with the specter of the republicans proposing things that the country really doesn't want the country really once. universal health care not fifty million people uninsured and the republicans seem to not want that

states will ever be able to bring its finances in order to discuss that i'm now joined by laurence kotlikoff a professor of economics at boston university and a write in candidate in the two thousand and sixteen presidential elections but as a consequence good to talk to thank you very much great to be here with you now you were scathingly critical of mr trump both before and after his election so i think it's safe to assume that you never expected him to be an outstandingly good president but a year and can you safely say that he turned out to be an outstandingly bad one. i would say so i think the terms of how he's presenting the u.s. to the rest of the world it's been a miserable miserable display of. authoritarianism aris ism. and a lack of real focus and understanding of what the country needs now. you can see this in the health care. area we had really a débâcle with respect to the republicans proposing things that the country really doesn't want the country really once. universal health care not fifty million people uninsured and the republicans seem to not want that but the people do

kotlikoff we were discussing the. difficulties with funding just before the break and child for his part accused democrats of trying to steal the limelight from his much vaunted tax bill and i get it from your writing that times bragging about how good the tax bill is is not entirely unfounded correct me if i'm wrong but your cultivation showed that it is likely to expand the economy and real wages by about five percent over time there are lots of people who are very critical of that bill of what do you like about it well i think to begin with we should realize that it didn't start with it's not even clear the trump understands the bill or the economics underlying it the bill actually was kind of half a democratic proposal to have a republican proposal in a sense a sense that the business tax part was partly designed by democrat leaning. academic economists but anyway over time this pretty good tax reform proposal which was initially called the better way plan evolved into the tax cut and jobs act which i give it abou