"Do people in the business world still think Bessent is a sensible guy who will exert a stabilizing influence on Trump policies?"
https://substack.com/home/post/p-160054888
#Economics #Krugman #Trump #Tariffs
Paul #Krugman: Trump has woken up the giant.
There is a real possibility that the #USA Administration will use its #tariffs doctrine to start a trade war with the European Union.
If they do start a trade war with the European Union, they will be in for a shock.
A trade war with #Europe means going head to head with an economy more or less the same size as our own, at the same time that we’re having fights with all our other trading partners.
https://paulkrugman.substack.com/p/europe-is-the-force-awakening
"...congestion pricing is actually looking like a “policy miracle.” It’s sort of a real-life example of a tax doing what Trump falsely claims taxes on imports (tariffs) will do: produce win-win-win results, with hardly any losers. Traffic is down, so much so that many of those still driving into the city are finding that the extra $9 fee is more than offset by the benefits of faster commutes. Public transit ridership is way up..."
https://substack.com/home/post/p-159914259
#NYC #Krugman #Trump #Tariffs #Tax
Incompetent or evil? The Trump administration embodies both traits, argues Paul Krugman. He exposes the detrimental impacts on foreign policy, public health, and economic stability, emphasizing reckless behavior, like sharing military plans. Also, he critiques Elon Musk's attack on Social Security as a misguided move that compromises public trust. This intersection of incompetence and malice signals a troubling trend toward ignorance and arrogance among the powerful. Discover more: https://paulkrugman.substack.com/p/incompetent-or-evil-a-false-dichotomy #Trump #Krugman #PublicTrust #SocialSecurity
Government, administration, nation-state, do not go bankrupt… as long as they issue their currency and maintain an army to enforce it.
In 2020, the Fed "directly lent to corporations or they bought corporate debt off of financial market participants who had this corporate debt, or anyone who really needed to sell it. […] They just made sure that anyone who needed liquidity essentially had it." https://www.crisesnotes.com/musk-in-your-computers-paul-krugman-interviews-nathan-tankus/
Big stuff is happening, and team Trump, which seems to believe that nobody can stand up to his whims, may get a rude shock from old Europe
#Economics #Europe #Awakening #Policy #Krugman
Is the Sleeping Giant Awakenin...
Is there really a new economic philosophy? Paul Krugman dissects the misguided narratives around Trump’s economic policies, challenging the notion of a “Mar-a-Lago Accord.” He argues that the prevailing commentary misrepresents ignorance as strategy, with fantasies perpetuated by advisors and journalists misleading the public. Discover how Trump's trade policy, framed as innovative, is actually a reflection of outdated thinking. Read more here: [Link to the full article](https://paulkrugman.substack.com/p/the-emperors-new-philosophy) #Economics #Trump #Krugman #PolicyAnalysis
Are recent changes to Social Security really about fighting fraud? Paul Krugman critiques the SSA's new proposals, influenced by Elon Musk, that could endanger seniors and disabled Americans. With necessary identity verification shifting online or to in-person, barriers rise for the vulnerable. These measures seem less about fiscal responsibility and more about Musk's ego. Will public pressure make a difference? Read more: [Paul Krugman Substack](https://paulkrugman.substack.com/p/smears-sadism-and-social-security) #SocialSecurity #ElonMusk #Krugman #AmericanPolicy #SeniorsRights
" I don’t think Trump’s problem is that he’s doing a poor job of explaining his(economic) plan. I think his problem is that he’s offering fake answers to fake problems, and the public — unlike, apparently, the Washington Post — isn’t buying it."
https://paulkrugman.substack.com/p/the-stages-of-trumpist-economic-grief?utm_source=post-email-title&publication_id=277517&post_id=159288099&utm_campaign=email-post-title&isFreemail=true&r=63j6s&triedRedirect=true&utm_medium=email
#Economics #Krugman #Propaganda #FakeProblems #Trump
.
Trump's economic plans are rapidly backfiring. Initially expected to boost growth, his administration's erratic policies and Elon Musk’s influence have instead eroded consumer confidence. Recent data shows a sharp decline in public trust, even from conservative outlets, as Trump's promises crumble, replacing hope with dissent. This article by Paul Krugman delves into the alarming shift in sentiment and its implications. For deeper insights, check the full article: [Paul Krugman's Substack](https://paulkrugman.substack.com/p/everybody-hates-elon). #Economy #Trump2024 #PublicSentiment #Krugman
Welcome to reality Trump supporters! It has taken him less than two months to squander all your undeserved trust. Pathetic fools... we're all going down because of you 
#Elon #Musk #Krugman #Criticism #Tech #PublicOpinion #Trumpocalypse
Everybody Hates Elon
Welcome to reality Trump supporters! It has taken him less than two months to squander all your undeserved trust. Pathetic fools... we're all doing down because of you
#Elon #Musk #Krugman #Criticism #Tech #PublicOpinion #Trumpocalypse
Everybody Hates Elon
Is our economy really in decline? In Paul Krugman's latest article, he critiques Trump's economic claims, arguing they are rooted in dishonesty and misrepresentation. He debunks narratives of a "Trumpcession," emphasizing data does not support economic collapse and counters the myth of excessive government spending. Rather than facing facts, the current narrative masks policy failings. For a deeper dive into this crucial analysis, read more here: [Paul Krugman Substack](https://paulkrugman.substack.com/p/the-economic-excuse-industry-is-booming) #Economy #Trump #Krugman #FiscalPolicy
Is the U.S. facing a conspiracy-driven governance crisis? Paul Krugman warns that figures like Trump and Musk reflect a dangerous trend that mirrors authoritarian tactics. With public discontent rising and leaders retreating into conspiracy theories, Krugman stresses the need for citizens to awaken and demand accountability. Discover what the future holds for governance in this climate. Read more in the full article here: [Paul Krugman's Substack](https://paulkrugman.substack.com/p/the-paranoid-style-in-maga-policy). #Politics #Krugman #ConspiracyTheories #Governance
What can history teach us about democracy's survival? Paul Krugman reflects on the pivotal role of Europe in defending democratic values, recalling the post-fascist era in Portugal. He highlights the current crisis in Ukraine and emphasizes Europe's economic power to support it, urging decisive action against Russian aggression. Failure to protect democracy risks empowering extremism. Discover more about this crucial moment for Europe. [Source](https://paulkrugman.substack.com/p/its-up-to-europe-now) #Democracy #Ukraine #Europe #History #Krugman
Europe stands at a pivotal moment—will it rise to the challenge? Paul Krugman's retrospective on his 1976 Lisbon cookout highlights a striking parallel to today's crisis in Ukraine amid Russian aggression. He argues for Europe’s responsibility to bolster democracy independently, drawing from its own significant resources. The consequences of inaction could be dire. Learn more about these pressing issues in his insightful article. [Source](https://paulkrugman.substack.com/p/its-up-to-europe-now) #Europe #Ukraine #Democracy #Krugman
Europe shouldn’t be afraid of Donald Trump. If it wants to save democracy in Ukraine, it can
#Europe #Economy #Policy #Crisis #Leadership #Ukraine #Krugman
It’s Up to Europe Now
"Where is this uncertainty coming from? That’s easy: The U.S. government is currently under the control of a deeply ignorant, vengeful megalomaniac with zero impulse control. And it’s not just Elon Musk: Trump shares the same characteristics."
https://paulkrugman.substack.com/p/surprise-chaos-is-bad-for-business
