Wharton Prof Kent Smetters Responds to the White House

The Penn Wharton Budget Model’s dynamic analysis of investment in public infrastructure was released following the White House release of President Trump’s plans. Recently the administration criticized the PWBM’s calling it “flawed” and suggesting “one cannot help but question whether the authors who produced it had any bias.” Host Dan Loney speaks with Kent Smetters, Professor of Business Economics and Public Policy at the Wharton School and Faculty Director of the PWBM, to discuss how PWBM has responded to this criticism and why they’re confident in their model projections on Knowledge at Wharton.