Trump targets 'Doom and Gloom' economists

来源 Cryptopolitan

In a post on his Truth social account, President Donald J. Trump called out economist Paul Krugman, calling him a deranged bum who spread fear, uncertainty, and doubt (FUD) despite what the POTUS insists are blossoming market realities.

President Trump has targeted economists, who, according to him, are preventing the public from entering the “best market in history” in a Truth Social post from late Sunday night.

Trump targets ‘Doom and Gloom’ economists

In a late-night Truth Social post on August 10, 2025, President Donald Trump directly attacked the Nobel Prize–winning economist Paul Krugman, characterizing him as a “Deranged BUM” and accusing him of keeping the public from entering what Trump dubbed the “BEST MARKET IN HISTORY.”

Trump asks people to sue 'doom and gloom' economists for misleading them
Source:@realDonaldTrump via Truth Social

Trump blamed Krugman and similar “doom and gloom” economists for poor market sentiment and urged his followers to “Sue them!” for their predictions, arguing that they had been wrong for years.

Krugman, a longtime columnist for The New York Times, has frequently criticized Trump’s economic policies. Most recently, Krugman condemned Trump’s decision to fire the Bureau of Labor Statistics (BLS) commissioner following disappointing July 2025 jobs data, which reported just 73,000 new jobs.

Trump declared the figure “rigged” and politically motivated.

“Claiming that economic data you don’t like is fraud perpetrated by a deep state conspiracy has been standard practice on the right for a long time, going back to the ‘inflation truthers’ of the Obama years,” Krugman shot back.

Trump parades bullish markets

Trump’s post leaned heavily on the narrative that markets have been consistently strong under his administration.

“ALL markets have been hitting new HIGHS, and are now higher than ever before,” he wrote, implying Krugman’s warnings failed to materialize.

Market indicators have experienced a downtrend and then regained green territory in many instances, but none had a more immediate impact than Trump’s April rollout of sweeping “Liberation Day” tariffs. Markets initially plunged but later rebounded, even surpassing previous highs during subsequent trade deals and easing inflation.

Despite this, in May, Krugman described Trump’s policies, especially the abrupt and unpredictable tariff shifts and federal layoffs, as “crippling” to the U.S. economy. He warned that these moves are eroding trust, creating a hostile environment for businesses, and increasing the risk of recession.

If you're reading this, you’re already ahead. Stay there with our newsletter.

免责声明:仅供参考。 过去的表现并不预示未来的结果。
placeholder
日元汇率创8个月新低!日本央行第6次维持利率不变,2025年内还会加息吗?行长植田和男未释放鹰派信号,令市场失望,日元汇率创8个月新低。
作者  Alison Ho
12 小时前
行长植田和男未释放鹰派信号,令市场失望,日元汇率创8个月新低。
placeholder
英伟达市值突破5万亿美元!AI热潮还能延续多久?显著高于预期的AI芯片订单,助力英伟达成为全球首家市值达5万亿美元的公司,华尔街纷纷上调目标价。
作者  Alison Ho
16 小时前
显著高于预期的AI芯片订单,助力英伟达成为全球首家市值达5万亿美元的公司,华尔街纷纷上调目标价。
placeholder
降息25基点!鲍威尔意外放“鹰”,黄金四连跌,美元、美债收益率回升,纳指历史新高美联储如期宣布降息25基点、12月停止缩表;鲍威尔称12月降息“有悬念”!美中领导人会晤在即,黄金四连跌,美元、美债收益率回升,纳指历史新高
作者  Insights
19 小时前
美联储如期宣布降息25基点、12月停止缩表;鲍威尔称12月降息“有悬念”!美中领导人会晤在即,黄金四连跌,美元、美债收益率回升,纳指历史新高
placeholder
澳元汇率大反弹!美中会谈叠加美联储降息,未来继续涨?较高的通胀延缓澳洲央行降息的步伐,加上美联储降息、美中贸易局势缓和,澳元仍有上行动力。
作者  Alison Ho
昨日 03: 37
较高的通胀延缓澳洲央行降息的步伐,加上美联储降息、美中贸易局势缓和,澳元仍有上行动力。
placeholder
WTI原油重挫逾2%,美股新高、辉达逼近5万亿!一风险不容忽视!市场持续Risk on,美股续创历史新高、辉达大涨5%逼近5万亿!WTI原油重挫逾2%,供需两端均迎挑战,这一风险不容忽视
作者  Insights
昨日 02: 46
市场持续Risk on,美股续创历史新高、辉达大涨5%逼近5万亿!WTI原油重挫逾2%,供需两端均迎挑战,这一风险不容忽视
goTop
quote