Paul Krugman: “Ever since that latest weak jobs report, Trump has been frantically trying to convince the American public that the economy is doing great. He is failing, and predictably so. Experience shows that trying to talk up the economy when people don’t perceive it as good never works, even if the data are favorable. It’s even less likely to work when the data actually aren’t good, and calling people who point out economic weakness BUMs isn’t likely to help.”
“On the other hand, telling people things are bad even when they’re actually good can work. This is sometimes true when it comes to the economy. It’s definitely true when we’re talking about crime.”
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