Paul Krugman : “Trump would be in much better political shape right now if he had basically continued Biden’s policies, with only a few cosmetic changes. When he took office inflation was on a declining trajectory. Consumer sentiment was relatively favorable at the start of 2025. Americans were still angry about high prices, but the inflation surge of 2021-3 had happened on Biden’s watch and was receding into the past.”

“My guess is that many voters would have accepted Trump’s claims that high prices were Democrats’ fault and given him the benefit of the doubt about the economy’s future if he had simply done nothing drastic and left policies mostly as they were.”

“Instead, he brought chaos: Massive and massively unpopular tariffs, DOGE disruptions, masked ICE agents grabbing people off

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