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Opinion | Trump Is Flirting With Quack Economics
  + stars: | 2024-04-29 | by ( Paul Krugman | ) www.nytimes.com   time to read: +2 min
I wish people would stop calling Donald Trump a populist. He has, after all, never demonstrated any inclination to help working Americans, and his economic policies really didn’t help — his 2017 tax cut, in particular, was a giveaway to the wealthy. But his behavior during the Covid-19 pandemic showed that he’s as addicted to magical thinking and denial of reality as any petty strongman or dictator, which makes it all too likely that he might preside over the type of problems that result when policies are based on quack economics. Now, destructive economic policy isn’t the thing that alarms me the most about Trump’s potential return to power. Prospects for retaliation against his political opponents, huge detention camps for undocumented immigrants and more loom much larger in my mind.
Persons: Rudiger Dornbusch, Sebastian Edwards, wasn’t, , Recep Tayyip Erdogan of, Donald Trump, he’s, Biden Locations: Latin America, Argentina, Venezuela, Recep Tayyip Erdogan of Turkey, United States
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