Economist Approved

Oct 22 2012 @ 3:37pm

A few months ago, Planet Money got a group of economists to agree on a set of political policies. They have now created a fake presidential candidate to run on this platform:

Brad Plumer reacts:

It’s not a bad ad. We just wonder what happens when the wonk candidate’s opponent fires back with a TV spot pointing out that a repeal of the mortgage-interest deduction would cause housing prices to fall “2 percent to as much as 13 percent, depending on the metropolitan area.” Or that scrapping the deduction would raise the average family’s annual taxes by $710. (And that’s a fair, nonpartisan estimate from the Tax Policy Center — no doubt there would be unfair estimates, too.)