https://nypost.com/2025/08/11/us-news/trump-rips-nobel-prize-winning- economist-paul-krugman-as-deranged-bum-after-he-criticized-sweeping-
tariffs/
President Trump blasted Nobel Prize-winning economist Paul Krugman as
a “deranged bum” after the ex-New York Times columnist was critical of his administration’s tariff regime.
“Paul Krugman of the New York Times has been predicting Doom and Gloom
ever since my great election success in 2016,” Trump raged in a Truth Social post late Sunday.
“In other words, he has been wrong for YEARS, as ALL markets have been hitting new HIGHS, and are now higher than ever before.”
“People stayed out of the ‘BEST MARKET IN HISTOY’ [sic] because of
this Trump Deranged BUM. Sue them!” he added.
It comes after Krugman, who late last year abruptly quit the Times
after more than two decades there, started trashing Trump’s tariffs in
his newly created Substack.
In one article published earlier Sunday, the economist described most
of the tariffs as “clearly illegal.”
https://nypost.com/wp-content/uploads/sites/2/2025/08/president-trump- blasted-nobel-prize-109466753.jpg?resize=768,272&quality=75&strip=all
He also ripped Trump for reversing “90 years of tariff reductions.”
“Not to be coy about it, what I’ll argue in today’s post is that Trump’s trade war should be seen as part of a package of policies that amounts to class warfare — class warfare against middle and
lower-income Americans in favor of the affluent, especially the top
10% of the income distribution,” he wrote.
Trump’s higher tariff rates of 10% to 50% on dozens of trading
partners officially went into effect last week.
Conversation
TomC
2 days ago
Krugman like almost all economists is wrong much more than he is
right. Among all economists with blue chip academic credentials only a handful forecast the great recession which was the biggest economic
event in 80 years. Just as many of these overpaid experts wrongly
warned during 2008- 2012 of a pending inflation crisis that never
happened. There's no reason to pay any attention to Krugman or most of
his peers.
On 15 Aug 2025, "Leroy N. Soetoro" <leroysoetoro@americans-first.com>
posted some news:lnsB33C8FB82C2F26F089P2473@0.0.0.1:
https://nypost.com/2025/08/11/us-news/trump-rips-nobel-prize-winning-
economist-paul-krugman-as-deranged-bum-after-he-criticized-sweeping-
tariffs/
President Trump blasted Nobel Prize-winning economist Paul Krugman as
a “deranged bum” after the ex-New York Times columnist was
critical of his administration’s tariff regime.
“Paul Krugman of the New York Times has been predicting Doom and
Gloom ever since my great election success in 2016,” Trump raged in
a Truth Social post late Sunday.
Krugman does it to all Republicans who make him look bad.
Conversation
TomC
2 days ago
Krugman like almost all economists is wrong much more than he is
right. Among all economists with blue chip academic credentials only
a handful forecast the great recession which was the biggest economic
event in 80 years. Just as many of these overpaid experts wrongly
warned during 2008- 2012 of a pending inflation crisis that never
happened. There's no reason to pay any attention to Krugman or most
of his peers.
They didn't say much about Bill Clinton and Freddy / Fannie either.
Sysop: | Keyop |
---|---|
Location: | Huddersfield, West Yorkshire, UK |
Users: | 546 |
Nodes: | 16 (2 / 14) |
Uptime: | 50:38:58 |
Calls: | 10,397 |
Calls today: | 5 |
Files: | 14,067 |
Messages: | 6,417,317 |
Posted today: | 1 |