Paul Krugman: Not even most hardened cynics would have imagined the GOP would sink so low

The Republican candidates are "so focused of personal insults" that their fiscal nonsense is being ignored

Published March 7, 2016 12:26PM (EST)

Paul Krugman       (AP/Heribert Proepper)
Paul Krugman (AP/Heribert Proepper)

In his Monday New York Times column, Paul Krugman noted that personal depths to which the GOP candidates have sunk has completed obscured the fact that the only substantial policy debate they had last week -- between Donald Trump and Mitt Romney -- amounted to total "nonsense."

Krugman noted that before being "aghast" at Trump's ignorance of how international trade and finance work during this campaign cycle, Romney praised him as having an "extraordinary ability to understand how our economy works" in 2012. Moreover, the very thing that left Romney "aghast" -- Trump's suppport of de facto trade tariffs -- were exactly what Romney was promising when running for president.

Another problem is that Trump's birther predilections are rearing their ugly head, as his discussion of the Fed indicated:

Did I mention that Mr. Trump wants to see rates rise? Not only that, but he’s a full-on conspiracy theorist, declaring that Janet Yellen, the Fed’s chairperson, is keeping interest rates down as a favor to President Obama, who “wants to be out playing golf a year from now” ...

Read the rest at the New York Times...

By Scott Eric Kaufman

MORE FROM Scott Eric Kaufman

Related Topics ------------------------------------------

2016 Gop Primary Business Elections 2016 Gop Debate Paul Krugman