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this post was submitted on 17 Oct 2025
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Economics
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There was another article in Krugman's substack, "No, Trump Can’t Make Manufacturing Great Again". (Behind a subscription wall)
Subtitle was"We’re a service economy now — and that’s OK".
A service economy doesn't need the electricity generation capacity of China - something that, in the original article, he was using to point to China being economically ahead of US. China uses the power for manufacturing and has a greater population. Why does he want to point to that statistic?
There's no direction to the strategy just dumb and dumber.
It's honestly hilarious to watch just how dumb these people are. These things should be obvious, and yet here we have a well respected western "intellectual" spewing incoherent nonsense.