He's the co-host of NPR's Planet Money podcast.

It looks on its face like another classic New York Mets bungle, where they're, like, entered into some weird contract where they have to keep paying this guy.

But the simple answer is they signed what's called a deferred contract with Bobby Bonilla back in the year 2000, where the Mets were gonna owe Bobby about $6 million.

They're terminating a contract with him, and instead of paying him that money then, they said, "Do you mind if we pay you this money in the future?" Which would give the Mets some flexibility to pay new players, make the team better back in 2000.

And they entered into a deferred contract where Bobby would get more than $6 million 'cause he was functionally loaning them $6 million, and so it would make sense that they would pay him back with interest in some way.

... owe you five times more, $30 million." I mean, my goodness, it sounds like a great deal for Bonilla, but you explain that it's also a good deal for the Mets.

Yeah, so they did, around that same time, pay new players to come in.

They made the World Series the next year.

Timer starts now.

"It's the economy, stupid." That's the famous formula for why people vote the way they do.

I am here to say no, it's what people feel about the economy...

Wait, you know what? I'm accidentally reading off of my script from two years ago-

[laughs]

...

when he also won for consumer sentiment.

It's 50s.

The government would've gotten four trillion.

Four trillion in lost revenue when they cut taxes.

6 to 16% gets recouped on the back end.

That's according to analysis, according to the studies, because people will get to keep a little bit more of their money.

The way that that's supposed to work is to incentivize, to make workers feel more ambitious and more energized.

Tax cuts might generate some economic growth, but a lot of people think that's short term at the most.

The question is, will cuts lead to more boots on the clock, or just more executive bonuses and buying back stocks? We asked Kent Smetters at Penn.

Kenny, tell us a little bit about what you're presenting today.