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.

August 28 Comment

DJ Session: The Music Of New Orleans, 10 Years After Katrina

Nick Spitzer talks about the music that has resonated in the city since the storm, and how the music scene has changed.

August 26 13 Comments

A Recipe For Longevity? Beans, Friends, Purpose And Movement

For nearly a decade, Dan Buettner has researched the places people live longest, healthiest and happiest.

August 25 Comment

Recipes To Celebrate National Sandwich Month

From an end-of-summer tomato tartine to an Italian grilled vegetable sandwich, our resident chef shares her favorites.

August 25 3 Comments

Jimmy Carter’s Fight To Eradicate The Guinea Worm

The former president and founder of The Carter Center said he wants the last guinea worm to die before he does.