Paul Krugman

Michael Hudson: Trump Is Obama's Legacy - Is This The End Of The Democratic Party?

"...the Democrats will continue to pose as the Lesser Evil party not really in terms of policy, but simply ad hominum. They will merely repeat Hillary’s campaign stance: They are not Trump... having lost its ability to pose as the party of labor and the middle class; and firmly controlled by Wall Street and California billionaires, the DNC strategy of identity politics encourages any identity except that of wage earners..."

Weekend Reading: Errant Thinking

"Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality is distorted by a misconception."

There's A Difference: Fake News Or Junk News

If you think it's "progressive" to support war-mongering, neoliberal exploitation and "support our values" social-justice distractions -- sorry, you're a junkie addicted to toxic smack. You're doomed if you can't get the corporate mainstream media monkey off your back.

Fumbling Towards Collapse

"...the real issue hidden in plain sight is how America - indeed all the so-called 'developed' nations - are going to navigate to a stepped-down mode of living, without slip-sliding all the way into a dark age, or something worse."

The Great Wailing

If Mr. Trump is to "make America great again," he must do more than make the insiders mad. He must make them pay.

An Economic Showdown Is Looming

The idea that the entrenched political establishment is willing to take these risks to further their political agenda is frightening.

16 Fake News Stories Reporters Have Run Since Trump Won

We are in the midst of an epidemic of fake news. Since at least Donald Trump’s election, our media have been in the grip of an astonishing, self-inflicted crisis. Despite Trump’s constant railing against the American press, there is no greater enemy of the American media than the American media. They did this to themselves.

After Obama, A New Dawn Or More Of The Same?

Donald Trump will face his moment, like it or not. Barack Obama faced it and decided to kick the can down the road and opt for yet more “stimulus.” How Trump deals with it will determine whether or not the US economy recovers from bad policies, or goes the way of Japan and Europe.