Goolsbee: Cutting Taxes Won't Grow GDP

The transcript discusses the potential impacts of proposed economic policies, including tax cuts and deregulation, on the US economy. It highlights skepticism about the effectiveness of these measures, drawing comparisons with past administrations. The discussion also covers the challenges posed by tariffs on manufacturing and the broader trend of declining manufacturing in advanced economies.

What are the potential effects of cutting regulations by 75% on the economy?

How might massive tax cuts influence investment and economic growth according to the text?

What concerns are raised about the impact of tariffs on US manufacturing?

In what ways does the speaker compare the current economic policies to those of Reagan and Bush?

What lessons from the Bush era does the speaker suggest should be considered in the current economic context?