90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Thursday, September 20, 2012

What The Numbers Show About Taxes and Economic Growth

Source: New York Times and Bureau of Economic Analysis via Haver Analytics

Do tax cuts lead to economic growth? David Leonhardt of the The New York Times says the data does not support the claim.

Leonhardt charted the numbers on taxes and economic growth over the last 25 years and found that tax cuts were not followed by economic growth.

On the other hand, the tax increases passed by the first President Bush and President Clinton were followed by an economic boom and a rapid rise in incomes.

Leonhardt says that while it may be true that some liberal put too much emphasis on the distribution of the pie and not enough on growth, people who propose tax cuts have yet to explain how those cuts will lead to economic growth.

Guest:


Other stories from Thursday's show
Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

April 23 10 Comments

Iconic Images From Rock And Roll Photographer Henry Diltz

Crosby Stills and Nash, Neil Young, Joni Mitchell, the Doors, the Eagles, all became his friends and subjects.

April 23 22 Comments

Police Shooting Of Tamir Rice Still An Open Wound In Cleveland

Five months after the 12-year-old was shot, Peter O'Dowd visits the neighborhood and speaks with Tamir's mother, Samaria Rice.

April 22 6 Comments

Saving Food Scraps From The Trash To Make Better Meals

Are you throwing away your broccoli stems and peach pits? Food writer and cookbook author Eugenia Bone says don't.

April 21 Comment

Photographing Armenian Lives Around the World

Photojournalist Scout Tufankjian started the Armenian Diaspora Project to explore what it means to be Armenian.