My favorite Keynesian has another good piece on Trump and the media. In speaking to the Carrier deal and more broadly to employment in general Krugman argues that these interventions are in fact fake policy that have little effect and are getting far too much attention in the news media:
…it may have sounded as if Mr. Trump was doing something substantive by intervening with Carrier, but he wasn’t. This was fake policy — a show intended to impress the rubes, not to achieve real results.
Last Updated on January 23, 2017 by Stephen Chapel