Jobs Way Up, Unemployment Low -- But Krugman on Trump 2016: 'A Global Recession, No End in Sight'
By Michael W. Chapman | November 1, 2019 | 3:55pm EDT
(CNSNews.com) -- The U.S. economy today is doing pretty well, with record-high employment numbers and record-low unemployment numbers for blacks, among other positive indices. Yet back in November 2016 when Donald Trump was elected president, Pulitzer Prize-winning economist and New York Times columnist Paul Krugman predicted the U.S. was "probably looking at a global recession, with no end in sight."
(Getty Images)
Shortly after midnight, when it looked like Trump was going to win the election, Krugman wrote, "If the question is when markets will recover, a first-pass answer is never."
https://cnsnews.com/index.php/article/national/michael-w-chapman/jobs-way-unemployment-low-krugman-trump-2016-global-recession-no
