==> In Episode 78 of Contra Krugman, we talk about Krugman railing against the anti-reality Republicans. I am swamped with work so I have to be brief in my outline:
6:00 I remind people that it was progressive Democrats who started using the phrase “fake news” as a political weapon.
8:25 Tom explains that he was the target of a Two Minute Hate.
15:20 Tom is a softie and takes Krugman’s side, in his criticism of Trump taking credit for job numbers.
19:40 I point out Krugman’s hypocrisy when he says CBO is “scrupulous about avoiding partisanship.” Nope, that’s not what Krugman thought in June 2015 when they warned about the deficit.
23:15 I clarify the recent CBO’s report that 14 million people will lose health insurance under GOP plan. CBO itself says most of the increase would be due to repeal of the penalties under ObamaCare.
29:15 I note that CBO also says $210 billion of the forces increasing the deficit (due to repeal and replace) is due to loss of penalties from the employer/individual mandates. That’s shocking… the “affordable care” guaranteed by ACA was so bad that Americans would rather pay $210 billion in fines over a decade, rather than buy this coverage.
33:15 I zing Krugman’s idiosyncratic use of language whereby 2% of the population turns into a “handful” of people.
==> Episode 36 of the Lara-Murphy Show: I explain the basics of “tax reform” from the perspective of pro-market economists. I’m not necessarily endorsing all of these principles, but it’s relevant to the current political debates.