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by davidw 322 days ago
Sure, but my point is that there are people that reason like "such and such an elected official is bad, therefore everything they do is bad and will have drastic results", and that's not particularly informative even when I agree about the elected official being bad.

Krugman does a decent job of not letting his opinions about the political aspects color his analysis too much.

Things like

"Contrary to what many people believe, tariffs don’t necessarily lead to high unemployment. America had a high average tariff even before Smoot-Hawley — 15.8 percent in 1929 — but the unemployment rate in 1929 was under 3 percent."

He doesn't like the tariffs, he (and pretty much any serious economists) think they're bad, but he tries to be clear about why they're bad rather than just waving his hands at everything.