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re: Trump is tweeting about "lightweight thinker" Paul Krugman

Posted on 1/26/20 at 10:21 am to
Posted by ItzMe1972
Member since Dec 2013
9925 posts
Posted on 1/26/20 at 10:21 am to
Krugman on Trump's election:

"Now comes the mother of all adverse effects — and what it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work," Krugman wrote.

"So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 1/26/20 at 11:04 am to
quote:

"Now comes the mother of all adverse effects — and what it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work," Krugman wrote.

"So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."


What we're finding out with Trump in office is that the economy and government are a hole helluva lot easier to run when you remove the government that is working against the people to enrich themselves. It's amazing how things become smoother.

Recessions don't just happen, rich people in power cause them
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