A “retribution tour” of the United States for Donald Trump will hit the GOP hard, a Nobel Prize-winning economist has warned.
The president seems set on touring the country as a way of explaining how things have never been better for people economically, and this could cause ripples of doubt through the Republican supporter base. Trump’s trip around the country was confirmed by the president earlier this week, though writer Paul Krugman explained how talking about the economy to those in financial hardship will hinder both Trump’s administration and the work of the GOP.
Krugman, writing in his Substack, explained, “Trump is handling this reversal with his usual style and grace: in the past few days he has repeatedly called affordability a ‘hoax’ and a ‘con job.’ According to Axios, he’s planning a nationwide retribution tour to convince voters that things are going great and that they’re wrong to be so down on the economy.”
“Democratic strategists must be rubbing their hands with glee. And if you are one of those Republicans reconsidering your future career options, know that things are going to get worse. A lot worse.”
Krugman would go on to suggest the “health care earthquake” on the horizon is going to hit soon and will be damaging for Republican representatives. He wrote, “Which brings us to the health care earthquake that’s soon to hit — an earthquake that, based on my read of Mettler, is going to inflict significant political damage on the Republicans.”
“So let’s think about the politics of what’s about to happen: Millions of Americans are about to see a sudden rise in health care costs — not a hypothetical future rise, but a sudden jump on January 1.
“This ACA premium shock will hit as other forces are exacerbating the sense of crisis over affordability. Businesses are starting to fully pass onto consumers the cost of Trump’s tariffs. Electricity prices are soaring as data centers inflict the cost of their enormous power demands on consumers. In addition, Trump’s deportation policies are increasing the cost of food.”
Krugman then added, “Trump may believe that affordability is a con job, but it isn’t. It’s going to hit him and his allies hard. And it couldn’t happen to a more deserving group of people.”
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