Category Archives: Tributes

Recognizing Paul Krugman

From a superb piece by Paul Krugman:
“You may recall Trump’s remark during the campaign that “I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” Well, he hasn’t done that, at least so far. He is, however, betting that he can break every promise he made to the working-class voters who put him over the top, and still keep their support. Can he win that bet?
When it comes to phony budget math — remember his claims that he would pay off the national debt? — he probably can. We’re not talking about anything subtle here; we’re talking about a budget that promises to “abolish the death tax,” then counts $330 billion in estate tax receipts in its rosy forecast. But even I don’t expect to see this kind of fraud get much political traction.
The bigger question is whether someone who ran as a populist, who promised not to cut Social Security or Medicaid, who assured voters that everyone would have health insurance, can keep his working-class support while pursuing an agenda so anti-populist it takes your breath away.”