Steve Mnuchin (AP/Jacquelyn Martin)

Paul Krugman calls Mnuchin "clueless" for needlessly roiling markets

“We should take seriously the possibility that we’re looking at an economic team as clueless as their boss."


Dominique Jackson
December 25, 2018 11:59PM (UTC)
This article originally appeared on AlterNet. alternet-logo

On Monday, Nobel Prize-winning economist Paul Krugman went on a tweet storm in reaction to Treasury Secretary Steve Mnuchin ’s tweets about calling banks.

While on a beach in Cabo, Mnuchin called leading banks to reassure them about the plummeting U.S. economy.

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Krugman said that the U.S. has an “economic team as clueless as their boss.”

“We should take seriously the possibility that we’re looking at an economic team as clueless as their boss — and that they’ll respond to real problems by firing off off-point tweets from various golf courses,” he tweeted.

 


Dominique Jackson

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