I don't know what the jobs report will say, but it will probably be pretty good. Now, as everyone knows, I made a bad call on election night 2016, letting emotions get the better of me. But I retracted that call just 3 days later 1/ krugman.blogs.nytimes.com/2016/11/11/the…
What I realized is that much as I may have been distressed by Trump's election, what my economic models actually said was that bigger budget deficits would act as economic stimulus. What I didn't realize was just how big that stimulus would get 2/
And it wasn't just tax cuts, which seem to have been ineffective at raising business investment. More important has been that all the spending austerity Republicans forced on Obama went away suddenly with Trump in office 3/ 
Let me, however, make a prediction: if a Democrat wins this year, and Rs still control the Senate, they'll suddenly discover that deficits are terrible and try to reimpose austerity. GOP economic policy in practice isn't conservative; it's politically weaponized Keynesianism 4/
