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Nobel Opposition to the Bush Tax Plan
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There it was. Big as life. A full-page ad in The New York Times signed by 450 U.S. economists, including 10 Nobel Prize winners, all lined up in adamant opposition to the tax cuts at the heart of George W. Bush’s economic recovery plan.

This is not a stimulus plan, said the economists. It’s radical tax reform that will starve the government, fuel massive deficits, croak Social Security, destroy investment in schools and health and drive up economic inequailty.

It is, said one Nobel winner, “a weapon of mass destruction aimed at the middle class.” But not all economists, or Nobel Prize winners, buy the critique. Some say, bring it on. Tonight, On Point: a clash of titans. Three Nobel Prize winners debate the Bush tax cuts.

Guests:

Paul Samuelson, professor emeritus, MIT and a 1970 Nobel laureate

Daniel McFadden, professor of economics, UC Berkeley and a 2000 Nobel laureate

Milton Friedman, senior research fellow, Hoover Institution and a 1976 Nobel laureate

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Apr 24, 2015
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Dick West (Dr. Walter Richard West, Wah-pah-nah-yah or Wapah Nahya, Light Foot Runner), 1912−1996, Southern Cheyenne, Oklahoma. Cheyenne Sun Dance—The Third Day, 1949. Paper, casein, 24 5/8 x 35 1/8 inches. © 2013 Philbrook Museum of Art, Inc., Museum purchase, 1949.20, Photo: John Lamberton.

Artists of earth and sky. Rawhide, bear claw, eagle feathers and the glory of America’s Plans Indians, on display at the Metropolitan Museum of Art.

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Apr 24, 2015
Dick West (Dr. Walter Richard West, Wah-pah-nah-yah or Wapah Nahya, Light Foot Runner), 1912−1996, Southern Cheyenne, Oklahoma. Cheyenne Sun Dance—The Third Day, 1949. Paper, casein, 24 5/8 x 35 1/8 inches. © 2013 Philbrook Museum of Art, Inc., Museum purchase, 1949.20, Photo: John Lamberton.

Artists of earth and sky. Rawhide, bear claw, eagle feathers and the glory of America’s Plans Indians, on display at the Metropolitan Museum of Art.

 
Apr 24, 2015
The Rev. Jamal Bryant leads a rally outside of the Baltimore Police Department's Western District police station during a march and vigil for Freddie Gray, Tuesday, April 21, 2015, in Baltimore. (AP)

Loretta Lynch gets a vote. Race and anger in Baltimore. Migrant crisis in the Mediterranean. Petraeus, sentenced. Our weekly news roundtable goes behind the headlines.

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