they re great at rallying poor americans to think these other people who are enemies are stealing jobs and doing other things. they really actually aren t the ones who provide the safety net historically. i want to get your response on that. we do have some research that shows under the republican administrations the economy grows much slower than during democratic administrations in terms of the presidency. what makes you think this trump tax plan if he were to become president would be a rocketship for us? you can to the joint economic committee website and look at the growth from the bottom the recession when regular agan too and the bottom of the recession that obama inherited. if we had grown during the obama presidency from the bottom of the reception at the same rate growth we did under reagan, there would be 12 million americans working today. who today are sitting at home not working. there s a lot of damage done to poor people. a lot of damage done to young people. a lot
productive. it will crowd in, as we say, bring in more investments in the private sector because the returns will be higher. less cost to ship your goods to market. better technology. what was the source of the rate growth in the last into the last century? the internet. what financed what was underlying that? government investments. and the private sector used that basic innovation that the government had financed and created a boom. now professor, you also suggest that middle class tax cuts should remain, but upper class, or upper 1%, those tax cuts should increase. all of these things you re suggesting could lead to higher deficits. this, of course, could be problematic. what i argue, the strategy i talk about long-term would lower the deficit. long-term lower the national debt. you know, short-termism is what got us into the problem. the short termism of the banks focusing on making a quick buck.