Category: Paul Krugman

Warren, Bloomberg and What Really Matters

Wednesday’s Democratic debate was far more informative than previous debates. What we learned, in particular, was that as a presidential candidate, Michael Bloomberg is a great businessman — and that Elizabeth Warren remains a force to be reckoned with.

Both lessons ran very much counter to the narrative that the news media has been telling in recent weeks.

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The Triumph of Fiscal Hypocrisy

Donald Trump’s re-election campaign will be centered around claims that he has done great things for the economy. And let’s be honest: The U.S. economy is running pretty hot these days. Growth in G.D.P. and employment has been good, though not spectacular; the unemployment rate is near a historic low.

There are some shadows in the picture. Economic gains have been lopsided, with a large Read original

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How Zombies Ate the G.O.P.’s Soul

Is this the week American democracy dies? Quite possibly.

After all, everyone in Washington understands perfectly well that Donald Trump abused the powers of his office in an attempt to rig this year’s presidential election. But Senate Republicans are nonetheless about to acquit him without even pretending to look at the evidence, thereby encouraging further abuses of power.

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Does It Matter Who the Democrats Choose?

At this point, the Democratic presidential nomination is very much up in the air. Not only is it unclear who will be the nominee; it’s unclear whether the nominee will be a centrist like Joe Biden or Amy Klobuchar, or a representative of the party’s left like Bernie Sanders or Elizabeth Warren. Whoever wins, there will be much wailing and gnashing of teeth from the other side.

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Greta Versus the Greedy Grifters

I’ve never been a fan of Davos, that annual gathering of the rich and fatuous. One virtue of the pageant of preening and self-importance, however, is that it brings out the worst in some people, leading them to say things that reveal their vileness for all to see.

And so it was for Steven Mnuchin, Donald Trump’s Treasury secretary. First, Mnuchin doubled down on his claim that the 2017 tax cut will Read original

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Why Does America Hate Its Children?

The other day a correspondent asked me a good question: What important issue aren’t we talking about? My answer, after some reflection, is the state of America’s children.

Now, it’s not entirely fair to say that we’re ignoring the plight of our children. Elizabeth Warren, characteristically, has laid out a comprehensive, fully financed plan for Read original

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