Nobel-Winning Economist Slams GOP Over 'Most Cynical Policy Reversal Of Modern Times'

Updated February 25, 2020 at 4:56 a.m.·1 min read

Nobel Prize-winning economist Paul Krugman blasted the GOP for “the most cynical policy reversal of modern times,” and warned their bold duplicity may help President Donald Trump secure a second term in office.

In his latest column for The New York Times, Krugman called out the “broader pattern of breathtaking fiscal hypocrisy, in which the G.O.P. went from insisting that federal debt posed an existential threat under Obama to complete indifference to budget deficits under Trump.”

“This 180-degree turn is, as far as I can tell, the most cynical policy reversal of modern times,” he argued.

Krugman predicted “this cynicism may win Trump the election” because “what’s driving the U.S. economy now is the very deficit spending Republicans pretended to be horrified by during the Obama years.”

Read Krugman’s full column here.

Watergate Prosecutor Hits Donald Trump With A Damning Comparison To Richard Nixon

‘Star Trek’ Actor Tears Into Donald Trump’s Supporters: Sacrificing Good To Support Evil

Also on HuffPost

Love HuffPost? Become a founding member of HuffPost Plus today.

This article originally appeared on HuffPost.

Yahoo Canada Style
Sophie Grégoire Trudeau is leaning into the unknown for her next chapter: 'I'm OK with the uncertainty'
No question was off limits in Yahoo Canada's candid and emotional conversation with the "Closer Together" author.
11 hours ago
People
Ex-Aide Says Melania Trump Will Be Watching 'Every Ounce' of Hush Money Trial — and Looking for 1 Thing
Stephanie Grisham, who served as chief of staff and press secretary to Melania, offered a window into her former boss's thinking as Donald's alleged affairs take center stage in the Manhattan trial
5 hours ago
The Daily Beast
Trump Picks Another Fight With Judge as He Waits for Contempt Ruling
PoolDonald Trump just can’t help himself.Moments after a contentious hearing about whether Trump should be held in contempt for violating his narrowly worded gag order, the former president took to his favorite social media platform to trash the judge who holds his fate. “HIGHLY CONFLICTED, TO PUT IT MILDLY, JUDGE JUAN MERCHAN, HAS TAKEN AWAY MY CONSTITUTIONAL RIGHT TO FREE SPEECH. EVERYBODY IS ALLOWED TO TALK AND LIE ABOUT ME, BUT I AM NOT ALLOWED TO DEFEND MYSELF,” Trump wrote on Truth Social
6 hours ago
HuffPost
How Toxic Is Trump? Republican Group's Hidden Camera Reveals Uncomfortable Truth.
The former president's behavior just doesn't fly out in the real world.
14 hours ago
People
'My Drink Tasted Funny': Pregnant Woman's Last Words Revealed After Alleged Fatal Poisoning by Boyfriend
Jade Benning died on her 25th birthday on March 6 after she was rushed to the hospital the week before
3 hours ago
HuffPost
OOPS! Eric Trump Freaks Out Over Dad’s Trial But Gets 1 Very Awkward Thing Wrong
A rant on Fox News from Donald Trump's son contained one glaring error.
15 hours ago
People
Kourtney Kardashian's Sexy Bikini Photo from Her 45th Birthday Leaves Husband Travis Barker Melting
Kardashian enjoyed a vacation in paradise with her husband and four kids in honor of "45 trips around the sun"
4 hours ago
People
Sydney Sweeney Jokes That She’s Sorry for Having ‘Great’ Boobs During Mexico Vacation
The 'Euphoria' actress poked fun at her appearance in an Instagram post while enjoying a getaway with friends
a day ago
INSIDER
Hush-money judge repeatedly bench-slaps Donald Trump's lawyer over gag violations: 'You're losing all credibility!'
A judge verbally excoriated a defense lawyer for Donald Trump during the Manhattan hush-money trial on Tuesday.
5 hours ago
Miami Herald
Ryan Reynolds shares emotional tribute to Michael J. Fox
Ryan Reynolds wrote a tribute to Michael J. Fox that will bring a tear to your eye.
a day ago
People
Prince Louis Stars in 6th Birthday Portrait Taken by Kate Middleton as She and William Share Personal Message
The image comes one month after Princess Kate's Mother's Day photo with her children was criticized for being edited
10 hours ago
CNN
‘A profound betrayal’: Stelter reacts to Pecker’s testimony about Trump
Media expert Brian Stelter discusses David Pecker’s testimony during Trump’s hush money trial about aiding the former president in suppressing negative stories throughout the 2016 campaign.
4 hours ago
Hello!
Royal fans left disappointed as Prince William and Princess Kate break with tradition on eve of Prince Louis' birthday
Here's how Prince William and Princess Kate strayed from established tradition on the eve of Prince Louis' 6th birthday
11 hours ago
People
Kim Kardashian Reveals the Viral SKIMS Nipple Bra Was Modeled After Her Own Breasts
The bra was first released in October 2023
2 hours ago
HuffPost
CNN’s Kaitlan Collins Names Donald Trump Trial Detail That’s ‘Been Driving Him Crazy’
New York Times journalist Maggie Haberman also debunked a Trump gripe about his hush money trial.
12 hours ago
HuffPost UK
Lady Gaga Reacts As Pre-Fame Festival Performance From 17 Years Ago Goes Viral
The 13-time Grammy winner has a surprisingly good memory.
a day ago
USA TODAY
Kellie Pickler performs live for the first time since husband's death: 'He is here with us'
Kellie Pickler has performed live for the first time since the death of her husband, Kyle Jacobs, in 2023.
6 hours ago
Simply Recipes
Nationwide Alert Has Been Issued Over Ground Beef Contaminated With E. Coli
Check your fridge or freezer.
2 days ago
ABC News
Woman charged after allegedly crashing car into birthday party, killing 2 young kids
A woman is facing second-degree murder charges after she allegedly drove into a child's birthday party in Michigan, killing two children and injuring several others, officials said. Marshella Chidester, 66, allegedly struck a building at the Swan Creek Boat Club in Newport Saturday afternoon, and her car came to rest about 25 feet inside the building, according to the sheriff and prosecutors. An 8-year-old girl and her 4-year-old brother were killed, Monroe County Prosecuting Attorney Jeffery Yorkey said.
4 hours ago
HuffPost
Ex-Prosecutor Spots A Big 'Oops' In Donald Trump's Likely Legal Defense
Andrew Weissmann also predicted a huge "tug of war" over one particular witness in the former president's hush money trial.
2 days ago

Latest Stories