In describing America, Trump seems unmoored in time
By Paul Krugman / The New York Times
Do you remember the California electricity crisis of 2000 and 01? I do, because I wrote about it a lot at the time and stuck my neck out by arguing, based on circumstantial evidence, that market manipulation was probably an important factor. One economist colleague accused me of going Naderite, but we eventually got direct evidence of market manipulation: tapes of Enron traders conspiring with power company officials to create artificial shortages to drive up prices.
Memories of that episode made me more sympathetic than many economists to claims that price gouging played a role in recent inflation, although I dont believe that it was a major driver. At this point, however, its all old history; aside from some blackouts during a 2020 heat wave, California hasnt had major electricity shortages in decades.
But dont tell that to Donald Trump. On Thursday, in the course of a rambling, at times incoherent speech to the Detroit Economic Club, he declared, We dont have electricity. In California, you have brownouts or blackouts every week. And blackouts, I mean, the place is stone-cold broke, no electricity. This isnt true, it wasnt true when he made similar assertions last year, and 39 million Californians can tell you that it isnt true. But in Trumps mind, apparently, that long-ago electricity crisis never ended.
Theres an obvious parallel with Trumps language on crime. In big cities, he has asserted, You cant walk across the street to get a loaf of bread. You get shot. You get mugged. You get raped. You get whatever it may be.
https://www.heraldnet.com/opinion/krugman-in-describing-america-trump-seems-unmoored-in-time/