Economic Consequences of Policy Choices

Donald Trump recently declared that the U.S. is a “disaster” and a “laughingstock all over the world.” In reality, by many metrics, the economy is quite good, and our recovery from covid has been an international success story. But Paul Krugman recently noticed something interesting: This could create problems for Trump. As Krugman asked on his excellent new Substack, how will he justify radical, across-the-board tariffs and mass deportations if things are going well? We talked to Krugman, who explains how Trump is likely to resort to gale-force levels of propaganda, how he’s threatening havoc with the economy, and how his voters are getting “brutally scammed” in the process. 

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