Quantcast
Connect with us

Paul Krugman explains how Trump operates like a glorified mobster

Published

on

During his previous life as a real estate developer and casino magnate, Donald Trump reportedly had ties to prominent members of the mafia, including Anthony “Fat Tony” Salerno and Paul Castellano. Judging from Trump’s first few months in office, their negotiating tactics appear to have left quite the impression on him. That’s the basic thesis of Paul Krugman, whose Friday column dismantles the president’s latest scheme to extort the Democratic Party into repealing Obamacare.

ADVERTISEMENT

As the New York Times columnist explains, the Affordable Care Act is dependent on cost-sharing subsidies to reduce out-of-pocket expenses for working-class families and to keep insurance companies in the system for those with higher incomes. But on the heels of the American Health Care Act’s embarrassing defeat, Trump appears determined to punish his political enemies, even if that means millions of people suffer needlessly. Here’s how Krugman translates for the president:

“I don’t want people to get hurt.” (Nice shop you’ve got here, shame if something were to happen to it.) “What I think should happen and will happen is the Democrats will start calling me and negotiating.” (I’m making them an offer they can’t refuse.)”

This gambit isn’t just callous and cruel, it’s also remarkably stupid, as Democrats have “no incentive whatsoever” to bend to the president’s political will. Trump can wreak havoc on private markets, but he can’t touch Medicaid without congressional approval. By repealing and replacing Obamacare, Democrats would almost certainly be sabotaging both, so why play ball?

Krugman also believes any efforts to blame the Affordable Care Act’s failures on the opposition would likely blow up in Trump’s face.

ADVERTISEMENT

“Voters tend to blame whoever holds the White House for bad things, and in this case they’d be right,” he writes. “If there is a death spiral, it will have Mr. Trump’s name on it, and deservedly so.”

Read Paul Krugman’s column at the New York Times.

ADVERTISEMENT

Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Ukraine blows up key Trump defense: Top officials knew of military aid freeze before it became public

Published

on

Top Ukrainian officials were alerted in early August that $391 million in U.S. military aid had been frozen as President Donald Trump sought to pressure the country to investigate Joe Biden.

That undercuts the president's latest defense arguing that the foreign ally couldn't have felt pressured because Ukraine was not yet aware that the aid had been frozen, reported the New York Times.

Former Ukraine ambassador Bill Taylor told Congress on Tuesday that the freeze was directly related to Trump's demand for an announcement that Biden was under investigation.

Continue Reading

Breaking Banner

Trump attorney shocks judge by claiming president could shoot somebody on 5th Avenue: ‘Nothing could be done’

Published

on

William Consovoy, an attorney for President Donald Trump, argued in court on Wednesday that President Donald Trump is immune from prosecution if he literally shoots someone on Fifth Avenue.

In a hearing before the Second Circuit Court of Appeals in Manhattan, Consovoy took the position that Trump is immune from a subpoena for his financial records, which are being investigated by Manhattan District Attorney Cyrus Vance Jr.

At one point, Judge Denny Chin asked Consovoy about what he called the "Fifth Avenue example," referring to a Trump claim that he could shoot someone on Fifth Avenue and get away with it.

Continue Reading
 

Breaking Banner

‘Not a pretty picture’: Second-ranking GOP senator inches closer to impeachment after Bill Taylor testimony

Published

on

The second-ranking Republican senator sounded an alarm over testimony by the former Ukraine ambassador.

GOP Whip John Thune (R-SD) reacted to testimony Tuesday by veteran diplomat Bill Taylor, who told lawmakers that President Donald Trump directed efforts to pressure Ukraine to announce an investigation of Joe Biden in exchange for congressionally approved military aid.

"The picture coming out based on the reporting we’ve seen is not a good one," Thune told reporters Wednesday, "but I would say until we have a process that allows to see this with full transparency it’s pretty hard to come to hard and fast conclusions."

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image