Treasury Secretary Steven Mnuchin Economic announced today that the Trump administration was considering yet another round of major tax cuts. Meanwhile, political leaders from around the world are attending the World Economic Forum, also called the Davos Summit, this week. But while President Trump lauded the US economy in his speech in Davos, he mocked climate scientists, calling them “foolish fortune tellers,” and once again called climate change “a hoax.” Professor Richard Wolff, a professor of Economics Emeritus, University of Massachusetts, Amherst and founder of the organization Democracy at Work whose latest book is “Understanding Socialism,” joins the show.