'A TERRIFYING NIGHT': Paul Krugman goes on epic tweetstorm
Bob Bryan 9 November 2016
View photos Paul Krugman
(Paul Krugman during his introduction as the 2008 Nobel Memorial Prize winner in economics at a news conference on the campus of Princeton University in Princeton, New Jersey.Reuters/Tim Shaffer) Nobel Memorial Prize-winning economist and New York Times columnist Paul Krugman went on an epic tweetstorm of dismay as election results came in on Tuesday night and it became more likely that Republican nominee Donald Trump would be the next president of the US.
"I don't know about other people, but I'm not wailing or turning to drink; I just feel numb," Krugman tweeted. "You know that life as we know it may soon be changed beyond recognition, but it's hard to grasp, and right now there doesn't seem any alternative except to plug along."
Krugman has long said Trump would be bad for the economy, and he railed against the FBI for renewing its investigation into Democratic nominee Hillary Clinton's email server.
The economist accused Jill Stein of spoiling Clinton's chances in Florida and said with Trump as president there would be no way to reverse the impact of global climate change.
Here is a selection of Krugman's tweets from election night from earliest to latest:
Krugman: Trade and the Decline of U.S. Manufacturing Employment For the most part, in other words, declining manufacturing employment isn’t due to trade. Again, that doesn’t mean that trade deficits are OK, or that trade hasn’t had other effects. But even if we’d had a highly protectionist world or in some other way had blocked the move into trade deficit, we’d still have seen most of the great decline in industrial jobs. .. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121190777 .. with others .. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125467625
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