New York Times economist Paul Krugman has made no secret of his dislike for Donald Trump. Krugman has sounded many alarms about Trump, and none were louder than a prediction that his election would be disastrous for the market. That prediction, however, hasn’t matched up with reality:
"Even though this is my speciality" pic.twitter.com/7TmfAYbgc7
— Stephen Miller (@redsteeze) January 25, 2017
Classic!
The shot, from Paul Krugman on election night:
It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.
Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
And the chaser, today:
BREAKING: Dow Jones industrial average eclipses 20,000 for the first time; cheers from the floor of the New York Stock Exchange.
— The Associated Press (@AP) January 25, 2017
It’s almost like Krugman has no idea what he’s talking about.
When you throw your expertise into the eternal dumpster fire of partisan hackery, people stop believing you. https://t.co/R0lHXAzUym
— Michael Watson (@MichaelWatsonDC) January 25, 2017
Reality owned Krugman today like Cruz owned Deadspin yesterday. https://t.co/QlHvAgZcZq
— Get the Axe Back! (@BullMoose75) January 25, 2017
So the only real question remaining is…
Hi @paulkrugman Hey why are you still employed?
— Stephen Miller (@redsteeze) January 25, 2017
Heh.
.@redsteeze @paulkrugman he could probably retire if he had invested all his Enron consulting fees
— David Burge (@iowahawkblog) January 25, 2017
sadly @paulkrugman lost it all in the unexpected Fax Machine Collapse of the late 90s.. pic.twitter.com/Im6hKCkOVN
— KeepsMeWarm (@NCbonfires) January 25, 2017
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