Tuesday, October 17, 2017

A "Terrified" Paul Krugman Wakes Each Morning in a "State of Existential Dread"

A "Terrified" Paul Krugman Wakes Each Morning in a "State of Existential Dread"

New York Times Keynesian economics columnist Paul Krugman as has been having a hard time ever since Donald J. Trump was elected President in November 2016. 
However, the "conscience of liberalism" told Twitter today that he is "terrified" and suffering from a “state of existential dread.”Krugman believes the 45th President may soon be impeached or removed from office by the 25th amendment. Because of that, the President has nothing left to lose. 
"He can't save his presidency. He can, however, still hurt a lot of people. And he surely wants to," Krugman told Twitter.
Right now, I'm feeling more terrified than at any point since the 2016 election. Why? It's time for some game theory! 1/
Start with a clear-eyed assessment of Trump's character: he basically has negative empathy -- that is, enjoys seeing others hurt 2/
Normally, however, one would expect him to pretend to care and maybe even do some good things out of ambition and self-aggrandizement 3/
At this point, however, it's clear to everyone -- probably even him -- that he just can't do this president thing, and won't get better 4/
At this point, however, it's clear to everyone -- probably even him -- that he just can't do this president thing, and won't get better 4/
So we're getting into the end game. He can't save his presidency. He can, however, still hurt a lot of people. And he surely wants to 6/
So from now on, until he's gone, I'm going to fire up my computer every morning in a state of existential dread 7/
Everything Krugman says here should be taken with a grain of salt. The man has been historically wrong about Trump's presidency since the night of his election. 
Krugman predicted economic ruin with no end insight under the new president. Specifically, he said that the markets would “never recover” thanks to Trump.
This, of course, has proven to be false.
Last week on TownHall.com, Wayne Allyn Root discussed in detail why the economy was "Trump Strong."  
The DOW has risen almost 25% since Election Day. That’s an increase of over 4,300 points in about 11 months. That’s the biggest increase in that period of time in the history of the stock market. The S&P 500 has passed $20 trillion in value for the first time in history."
Root goes onto highlight the explosion of jobs created under President Trump as well. 
"President Trump added 1.33 million jobs from January through September versus Obama’s record of losing 4.59 million jobs in that same first nine months. Remarkable.
But the latest jobs report just came out on Friday. According to the Bureau of Labor Household Survey, the number of employed Americans increased by an amazing 906,000 for the month of September. But that’s not even the highlight.
Remember that almost every single job created in eight years under Obama was a crappy, low-wage, part-time job. Well under President Trump last month, full-time jobs (the kind we all want and need) increased by 935,000- the most in one month in the 21stcentury.
It was also one of the four highest increases in American history.
Krugman's tweets might indicate that he is manically depressed or suffering from a mental disorder. A couple weeks ago he hallucinated cholera in Puerto Rico

Thoughts and prayers for Paul.

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