Disturbing prediction from @pkrugman.bsky.social: If Trump's deportations really happen, inflation will spike, then MAGA loyalists will corrupt government info to mask it.
For autocrats, he says, "among their first targets are statistical agencies."
Our exchange:
https://newrepublic.com/article/188346/transcript-paul-krugman-badly-trump-voters-scammed
For autocrats, he says, "among their first targets are statistical agencies."
Our exchange:
https://newrepublic.com/article/188346/transcript-paul-krugman-badly-trump-voters-scammed
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Comments
There won't be anyone to harvest the fields, or round up animals for, or work in, the abattoirs.
But IDK how much it will matter to the average voter when prices rise.
Case in point: When voters saw *legit* data this cycle showing a strong economy, they voted out the incumbent party anyway, bc the economy *felt* bad.
If you can’t convince people inflation has gone down when it actually has, then there is no way they’re going to buy it when it IS spiking.
everyone will see it. In addition, there will be plenty of academic and independent economists that will report it.
That’s just incentive for number people to get their own numbers right.
These pesky leftist tendency of facts…
There are no rules anymore. All gov't will be mobilized to support the ruling party. The numbers will only be good
Then others like us have been screaming it from the rooftops for 9yrs now like a twilight zone episode.
2nd - the military - to keep citizens under control until they establish a Gestapo = proud boys, oath keepers
3rd - National religion
4th - deportations of the 'enemies from within.'
This was Hitler's timeline
So ignores inflationary impacts of bank lending.
So he’s against single payer healthcare because he doesn’t understand that replacing bank lending w/gov spending = 0
I'm sure MBS has explained the benefits to T and his minions.
The first people to be thrown out the door in an autocracy are the ones who keep the numbers.
That's why Cuba sounds like a perfect country, for example.
EVERY OUTLET BETTER MAKE IT CLEAR WHEN BIDEN POLICIES HAVE POSITIVE EFFECT...although they never did give credit when due to Biden.
numbers are hard to cook believably. How do you tell me that the can of beans I just paid $5 for didn’t cost $1 last year?
We all have memories. Biden blew it by not holding corps accountable for gouging after Covid but Trump’s ideas throw us into a likely 2nd Great Depression.
Fuckin hell
https://www.bls.gov/
After 4 yrs of Trump, the operative word will be WERE instead of are
He will do everything imaginable to alter any statistic which openly demonstrates/exposes his policy incompetency + shortcomings
Kind of a delicious irony, those saying for decades not to trust the government are making it untrustworthy.
Fortunately, several anti-Kirchner provinces had their own statistical agencies.
—Hannah Arendt, “The Origins of Totalitarianism”
Deportations will raise wages, and tariffs will raise prices-- but these are relative price increases. Should we expect overall prices to rise too, or should other prices fall to cancel it out?
“The chocolate rations will not have to be reduced” says Dear Leader.
“Hooray”, says his cult.
https://bsky.app/profile/evodaily.bsky.social/post/3lbrr2o7mmk2f
It's ironic that we may have to rely on the Big Mac index.
We’re becoming a banana republic
Hard to hide empty shelves.
it'll be the evil corporations price gouging, or being too bloated and needing to be made "more efficient"
then when they say they already have thin margins, maga will look at exec salaries
Poorer investors will blame maga. Traders read Krugman all the time.
Low information voters voted for prosperity, he’d better give it to them….. or else.
They were never expensive but people wanted something to point at.
Just saying, government isn't the single source of truth, and the wealthy have a vested interest in truth.
Will they also doctor the wage numbers someday?
Hyperinflation. And of course they'll use corruption to lie about it