Krugman: Republicanos usan 'modelo basura' para plan fiscal

The video discusses the GOP tax plan, critiquing its assumptions about capital inflows and growth projections. It compares these claims to historical tax reforms, particularly the 1986 reform, which had minimal impact on growth. The video also explores the potential consequences of large capital inflows, such as a trade deficit and loss of manufacturing jobs.

What is the main criticism of the GOP tax plan's model?

• It forecasts a decline in GDP growth.

• It suggests a decrease in corporate tax rates.

• It assumes unrealistic levels of capital inflow.

• It predicts a decrease in foreign capital.

According to the narrator, what is often overstated in discussions about economic growth?

• The influence of foreign trade

• The impact of corporate taxes

• The importance of government spending

• The role of technology

What historical example is used to illustrate the limited impact of tax reform on growth?

• The 1970s oil crisis

• The 2008 financial crisis

• The 1986 tax reform

• The 1990s tech boom

What economic consequence is associated with the predicted capital inflows?

• An increase in manufacturing jobs

• A rise in export levels

• A decrease in the trade deficit

• A stronger US dollar

How many manufacturing jobs does the narrator estimate could be lost due to the trade deficit?

• 2 million jobs

• 1 million jobs

• 500,000 jobs

• 3 million jobs