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Paul Krugman explains why Trump’s popularity won’t improve — and warns he may ‘lash out’ in response

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President Donald Trump is and has been historically unpopular in the White House — and he’s likely to stay that way.

Economist Paul Krugman noted in a New York Times op-ed on Monday that Trump’s low approval rating of 37 percent according to the Pew Research Center is matched only by President Ronald Reagan at the same point in his presidency:At start of Trump’s third year in office, his job approval lags most of his recent predecessors

Eventually, as we know, Reagan’s popularity recovered; he was re-elected, and he’s gone down as a hero in Republican politics, even if many of his policy positions would now be wildly out of line with the extremist GOP.

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Trump can’t expect to be so lucky. As Krugman explained, Reagan in 1983 was unpopular because the economy was so bad — unemployment was at 10 percent. Trump is popular despite the fact that unemployment is comparably low — around 4 percent.

Krugman continued:

Although many voters blamed Reagan for this economic distress, the truth was that it had little to do with his policies; it was, instead, the consequence of the Federal Reserve’s attempts to bring down inflation, which had driven interest rates as high as 19 percent.

 

By mid-1982, however, the Fed had reversed course, sharply reducing rates. And these rate cuts eventually produced a huge housing boom, which in turn drove a rapid economic recovery.

 

Like the earlier slump, this boom had little to do with Reagan’s policies, but voters gave him credit anyway. Unemployment was still fairly high — more than 7 percent — in November 1984, but what matters for elections is whether things are getting better or worse, not how good they are in absolute terms. And in 1983-84, unemployment fell fast, so Reagan won big.

But Trump can’t hope for a quick unemployment turnaround, because it’s already quite low. There are other problems in the economy, of course — low wages, labor’s weakened power, health insecurity, and regional decline. Maybe if Trump actually did something to address these problems, he really could significantly boost his popularity.

And yet, he’s not even trying. His major economic policy, the GOP tax bill, provided a momentary sugar high at best while ballooning budget deficit projections. Congressional Republicans barely mentioned it during the 2018 campaign, knowing it was unpopular. Trump promised to revitalize coal country — but he’s failing, and he’ll continue to fail. Meanwhile, his government shutdown and trade wars are hurting the economy and could even push us into recession.

“Most of Reagan’s political success reflected not fundamental economic achievement but good luck with the timing of the business cycle,” wrote Krugman. “And Trump almost certainly won’t experience comparable luck.”

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But this raises the question: What will Trump and the Republicans do in 2020 when, as seems likely, they realize that he’s barreling toward defeat?

“I don’t know the answer to that question, and if you aren’t scared about how a cornered Trump might lash out, you haven’t been paying attention,” wrote Krugman.

Trump has proven that he’ll try almost anything if he’s desperate enough. And we haven’t yet seen him at his most desperate. No one knows what it will look like if Republicans turn against him or Special Counsel Robert Mueller delivers devastating evidence of wrongdoing. President Richard Nixon resigned when his party allies told him it was over — can anyone imagine Trump going quietly into the night?

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2020 Election

WATCH: Trump flees Bedminster press conference after reporter busts him for lying about veterans

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President Donald Trump held his second hastily arranged press conference in two days at his Bedminster Golf Club in New Jersey on Saturday.

Trump began the press conference by falsely claiming credit for the Veterans Choice bill that was signed by President Barack Obama.

CNN fact-checker Daniel Dale has recorded Trump lying about the bill more than 140 times.

https://twitter.com/ddale8/status/1292194842064441344

But this time, CBS News reporter Paula Reid challenged Trump on his lies.

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2020 Election

Trump accuses Democrats of ‘trying to steal an election’ with mail-in voting during the COVID-19 pandemic

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President Donald Trump accused Democrats of conspiring to steal an election at a hastily arranged news conference held at Trump National Golf Club Bedminster.

And angry Trump lashed out at Democrats for seeking to allow voting by mail in the November election.

Here's some of what people were saying about Trump's press conference, where he questioned if Democrats love America:

https://twitter.com/jeffmason1/status/1292196974746370055

https://twitter.com/margarettalev/status/1292197337465597957

https://twitter.com/ToluseO/status/1292197677984354306

https://twitter.com/vmsalama/status/1292197526960054273

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Pelosi blasts Trump as ‘not a well person’ and wonders if GOP is motivated by a ‘manhood thing’: report

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House Speaker Nancy Pelosi (D-CA) briefed members of the Democratic Caucus on Saturday about the state of negotiations over the next coronavirus stimulus bill.

Luke Broadwater, a congressional correspondent for The New York Times, posted a thread about the call on Twitter, citing "sources on call."

House Majority Leader Steny Hoyer (D-MD) was also on the call, and reportedly blasted White House chief of staff Mark Meadows for the failure to reach a deal.

“Meadows, when John Boehner and Paul Ryan was Speaker, impeded every agreement they tried to make with us on must-pass legislation," Hoyer reported said.

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