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Krugman: Trump's Retribution Tour Could Backfire on GOP

12/5/2025

Summary

Story summary

Nobel Prize-winning economist Paul Krugman warns U.S. President Donald Trump's upcoming 'retribution tour' could hurt the GOP.
Krugman says Trump's prosperity claims clash with many Americans' financial struggles.
He predicts a 'health care earthquake' on January 1, 2025 that raises costs for millions and weakens GOP support.
Rising electricity prices and tariffs will worsen affordability, Krugman notes.
He says Trump's dismissal of hardship will backfire, causing political damage for Republicans.

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Story summary

Nobel Prize-winning economist Paul Krugman warns U.S. President Donald Trump's upcoming 'retribution tour' could hurt the GOP.
Krugman says Trump's prosperity claims clash with many Americans' financial struggles.
He predicts a 'health care earthquake' on January 1, 2025 that raises costs for millions and weakens GOP support.
Rising electricity prices and tariffs will worsen affordability, Krugman notes.
He says Trump's dismissal of hardship will backfire, causing political damage for Republicans.