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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FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

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