Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(115,324 posts)
Mon Oct 21, 2024, 01:39 PM Oct 21

In describing America, Trump seems unmoored in time

By Paul Krugman / The New York Times

Do you remember the California electricity crisis of 2000 and ’01? I do, because I wrote about it a lot at the time and stuck my neck out by arguing, based on circumstantial evidence, that market manipulation was probably an important factor. One economist colleague accused me of “going Naderite,” but we eventually got direct evidence of market manipulation: tapes of Enron traders conspiring with power company officials to create artificial shortages to drive up prices.

Memories of that episode made me more sympathetic than many economists to claims that price gouging played a role in recent inflation, although I don’t believe that it was a major driver. At this point, however, it’s all old history; aside from some blackouts during a 2020 heat wave, California hasn’t had major electricity shortages in decades.

But don’t tell that to Donald Trump. On Thursday, in the course of a rambling, at times incoherent speech to the Detroit Economic Club, he declared, “We don’t have electricity. In California, you have brownouts or blackouts every week. And blackouts, I mean, the place is stone-cold broke, no electricity.” This isn’t true, it wasn’t true when he made similar assertions last year, and 39 million Californians can tell you that it isn’t true. But in Trump’s mind, apparently, that long-ago electricity crisis never ended.

There’s an obvious parallel with Trump’s language on crime. In big cities, he has asserted, “You can’t walk across the street to get a loaf of bread. You get shot. You get mugged. You get raped. You get whatever it may be.”

https://www.heraldnet.com/opinion/krugman-in-describing-america-trump-seems-unmoored-in-time/

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
In describing America, Trump seems unmoored in time (Original Post) Yo_Mama_Been_Loggin Oct 21 OP
Trump does not now, nor has he ever, lived in the real world Skittles Oct 21 #1

Skittles

(159,372 posts)
1. Trump does not now, nor has he ever, lived in the real world
Mon Oct 21, 2024, 08:54 PM
Oct 21

now he just listens to rightwing crap which is why, like all MAGAts, he sounds like a fucking idiot

Latest Discussions»Editorials & Other Articles»In describing America, Tr...