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Krugman writes: "Still boggled by reports that Trump, having realized that the numbers on his tax plan aren't remotely credible, has decided to fix things by bringing in as experts ... Larry Kudlow and Stephen Moore. I mean, at some level this was predictable. But it still tells you a lot about both Donald the Doofus and his chosen party."

Economist Paul Krugman. (photo: Forbes)
Economist Paul Krugman. (photo: Forbes)


Send In the Clowns

By Paul Krugman, The New York Times

13 May 16

 

till boggled by reports that Trump, having realized that the numbers on his tax plan aren’t remotely credible, has decided to fix things by bringing in as experts … Larry Kudlow and Stephen Moore. I mean, at some level this was predictable. But it still tells you a lot about both Donald the Doofus and his chosen party.

Granted that Trump is deeply ignorant about policy; still, you might have thought that he would try to signal his independence from the establishment by, say, turning to some business economist. Instead, he turned to the usual suspects from the right-wing noise machine. And what a choice!

I mean, Kudlow is to economics what William Kristol is to political strategy: if he says something, you know it’s wrong. When he ridiculed “bubbleheads” who thought overvalued real estate could bring down the economy, you should have rushed for the bomb shelters; when he proclaimed Bush a huge success, because a rising stock market is the ultimate verdict on a presidency (unless the president is a Democrat), you should have known that the Bush era would end with epochal collapse.


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