A Nobel Prize-winning economist says Trump tax reform won't help US workers right away
Dec 18, 2017, 21:01 IST
Advertisement
Business Insider senior political correspondent Josh Barro sits down with Paul Krugman, a Nobel Prize-winning economist and distinguished professor of economics at the City University of New York. Barro poses the question of whether corporate tax cuts will significantly benefit US workers. Krugman says that there will probably be some positive impact, but only in the longer term, not in the immediate term. He predicts that US workers won't see a noticeable wage increase in the next five years.