4 ms·
> Let's start with the major area of economic policy called taxation How about if we start with the ones I listed in the linked comment. The link you cite is K
by resters 7y ago
> Let's start with the major area of economic policy called taxation
How about if we start with the ones I listed in the linked comment. The link you cite is Krugman aggressively trying to signal something anti-Trump after it was already too late.
I've been reading Krugman's op eds for years and nearly everything Trump says about economic policy is practically verbatim Krugman.
Also, one could argue that Trump's massive increase in deficit spending will likely result in increases to future income tax rates to the levels AOC advocates, but with the beneficiaries (unfortunately) being defense contractors rather than the poor and middle class.
Krugman has advocated closed borders for years as well:
The New Deal made America a vastly better place, yet it probably wouldn’t have been possible without the immigration restrictions that went into effect after World War I. For one thing, absent those restrictions, there would have been many claims, justified or not, about people flocking to America to take advantage of welfare programs.
(https://www.nytimes.com/2014/11/21/opinion/paul-krugman-immigration-children.html?_r=0 https://www.nytimes.com/2014/11/21/opinion/paul-krugman-immi...)
To be clear, Krugman is a respectable person unlike Trump, but he shares the same ideology of economic populism and framing of rust belt workers as victims of modernization, globalization, and trade.