One way or another, the economy is going to lock down again, warned Paul Krugman on Tuesday night.
This is where weve gotten to, the noted economist lamented to CNN s Don Lemon . We squandered the chance to actually bring this thing (the coronavirus ) under control, he said, pointing to the premature reopening of states (encouraged by President Donald Trump ), which led to a devastating resurgence of COVID-19.
Krugman predicted a new lockdown would come about either because governors and hopefully the president finally says OK, we screwed it up, we need to do it over again or just because people are too afraid to go out and resume business as usual.
The economist, awarded the Nobel Memorial Prize in Economics in 2008, also cast doubt on Trumps upbeat assessment of the economy.
Krugman, who earlier this month slammed the Trump administrations handling of the public health crisis with an analogy about the Titanic, noted how every indicator we have is that the recovery has stalled.
Support Free Journalism
Consider supporting HuffPost starting at $2 to help us provide free, quality journalism that puts people first.
Can't afford to contribute? Support HuffPost by creating a free account and log in while you read.
Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.
The stakes are high this year, and our 2024 coverage could use continued support. Would you consider becoming a regular HuffPost contributor?
Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.
The stakes are high this year, and our 2024 coverage could use continued support. We hope you'll consider contributing to HuffPost once more.
Already contributed? Log in to hide these messages.
Check out the full interview here:
","type":"video","meta":{"author":"CNN","author_url":"https://www.youtube.com/channel/UCupvZG-5ko_eiXAupbDfxWw","cache_age":86400,"description":"CNN's Don Lemon talks to American economist and author Paul Krugman about President Trump's remarks on the economy and the GOP's stimulus plan. \n\n#CNN #News","options":{"_end":{"label":"End on","placeholder":"ex.: 11, 1m10s","value":""},"_start":{"label":"Start from","placeholder":"ex.: 11, 1m10s","value":""},"click_to_play":{"label":"Hold load & play until clicked","value":false}},"provider_name":"YouTube","thumbnail_height":720,"thumbnail_url":"https://i.ytimg.com/vi/3wFm4lcQU94/maxresdefault.jpg","thumbnail_width":1280,"title":"Top economist Paul Krugman thinks economy is going to lockdown again","type":"video","url":"https://action.news/watch?v=3wFm4lcQU94","version":"1.0"},"flags":[],"enhancements":{},"fullBleed":false,"options":{"theme":"news","device":"mobile","editionInfo":{"id":"us","name":"U.S.","link":"https://action.news","locale":"en_US"},"originalEdition":"us","isMapi":false,"isAmp":false,"isVideoEntry":false,"isEntry":true,"isMt":false,"entryId":"5f2138a0c5b66859f1f40147","entryPermalink":"https://action.news/entry/paul-krugman-economy-prediction-coronavirus_n_5f2138a0c5b66859f1f40147","entryTagsList":"donald-trump,coronavirus,politics,covid-19,don-lemon,paul-krugman,@coronavirus_label_us,@coronavirus_label_us,@coronavirus_recirc_headlines","sectionSlug":"politics","deptSlug":"politics-news","sectionRedirectUrl":null,"subcategories":"us-news,media,business","isWide":false,"headerOverride":null,"noVideoAds":false,"disableFloat":false,"isNative":false,"commercialVideo":{"provider":"custom","site_and_category":"us.politics","package":null},"isHighline":false,"vidibleConfigValues":{"cid":"60afc111dcf87c2cd2f5d8bf","overrides":{"front_page_top_videos":{"desktop":"60b64354b171b7444beaff4d","mobileweb":"60b64354b171b7444beaff4d"},"top_media":{"desktop":"60b8e6bdc5449357a7ada147","mobile":"60b8e701c5449357a7ada2ee","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"anthology":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"content":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"}},"playerUpdates":{"5668ae6ee4b0b5e26955d6a6":"60d2472d9340d7032ad7e443","56aa41bae4b091744c0440d8":"60e869dc7c5f3b17b6741b81","5841b2b5cc52c716ec6e5a7f":"60b8e355cdd90620331ba185","58b5e2b8d85a10302feee895":"60b64316b171b7444beafdb2","58b74698f78ced31417819ae":"60b8e5bec5449357a7ad9b52","58b74ccecebcea57e2c3a3d1":"60b8e5eac5449357a7ad9ca5","58cff690d85a100b9992bc39":"60b8e616cdd90620331bb0ba","58cffb3fb6d9b972a49a3c9d":"60b8e643cdd90620331bb1f6","58cffdd74d96935d7d6ec180":"60b8e671c5449357a7ad9f66","58d03a84f78ced6518eb2fa7":"60b643c82e76be41f112735c","592edf20e0fa177b0c26f7fd":"60b8e699c5449357a7ada04c","5b35266b158f855373e28256":"60b64354b171b7444beaff4d","5c116f29f79c4171d82b7c2a":"60b64440b171b7444beb040b","5c1170fc600c9a697bf0c6b9":"60b646102e76be41f1127ffc","5c47791afa1b317df8ae0c4f":"60b8e6bdc5449357a7ada147","5c477987a6b48b35f164773d":"60b8e701c5449357a7ada2ee","5c4779ee943c3c2a64f28371":"60b8e747cdd90620331bb861","5c477a26fcd67b26879bc7c2":"60b8e788c5449357a7ada67b","5d8921a78c3ae845f366c9b6":"60ae7be5f3a7c13a30417ff9","58b98b00ba82aa39a6534321":"60d0de7c9340d7032ad1146c","58b9d14cb6d9b96c9ec32af3":"60d0dec19340d7032ad115a0","58cff8eccebcea42931e0436":"60d0e005b627221e9d819d44","592edf5de0fa177b0c26f95b":"60d0e38fb627221e9d81adcf","58cff72fd85a100b9992c112":"60d0e447b627221e9d81b0da","56b4d34fe4b022697697c400":"60d2472d9340d7032ad7e443","60b8e4c0c5449357a7ad957d":"60e869dc7c5f3b17b6741b81"}},"connatixConfigValues":{"defaultPlayer":"ff7fdddc-5441-4253-abc4-f12a33fad58b","clickToPlayPlayer":"d014396e-b366-4c17-aeac-3ce906fa3fd0","videoPagePlayer":"f010447b-d244-4111-a314-7b4542ae4145","verticalPlayer":"e58cb05a-0bc8-4210-9108-fea82726c065","stickyPlayerControl":"52ea1755-d601-4ad1-bccc-d8cce3f0e5da","stickyPlayerON":"8055e9e5-3bda-4933-8d45-9ad814fb6e22"},"topConnatixThumnbailSrc":"https://img.connatix.com/87b5e14e-2a0e-4fcc-94f6-80d6c616e284/1_th.jpg?crop=480:270,smart&width=480&height=270&format=jpeg&quality=60&fit=crop","customAmpComponents":[],"ampAssetsUrl":"https://amp.assets.huffpost.com","videoTraits":null,"positionInUnitCounts":{"buzz_head":{"count":0},"buzz_body":{"count":0},"buzz_bottom":{"count":0}},"positionInSubUnitCounts":{"article_body":{"count":17},"blog_summary":{"count":0},"before_you_go_content":{"count":0}},"connatixCountsHelper":{"count":1},"buzzfeedTracking":{"context_page_id":"5f2138a0c5b66859f1f40147","context_page_type":"buzz","destination":"huffpost","mode":"mobile","page_edition":"en-us"},"tags":[{"name":"Donald Trump","slug":"donald-trump","links":{"relativeLink":"topic/donald-trump","permalink":"https://action.news/topic/donald-trump","mobileWebLink":"https://action.news/topic/donald-trump"},"relegenceId":2789214,"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"Donald Trump","slug":"donald-trump","overridesSectionLabel":false},"url":"https://action.news/news/topic/donald-trump"},{"name":"Coronavirus","slug":"coronavirus","links":{"relativeLink":"topic/coronavirus","permalink":"https://action.news/topic/coronavirus","mobileWebLink":"https://action.news/topic/coronavirus"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"Coronavirus (COVID-19)","slug":"coronavirus","overridesSectionLabel":false},"url":"https://action.news/news/topic/coronavirus"},{"name":"Politics","slug":"politics","links":{"relativeLink":"topic/politics","permalink":"https://action.news/topic/politics","mobileWebLink":"https://action.news/topic/politics"},"relegenceSubjectId":982065,"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"Politics News","slug":"politics-news","overridesSectionLabel":false},"url":"https://action.news/news/topic/politics-news"},{"name":"COVID-19","slug":"covid-19","links":{"relativeLink":"topic/covid-19","permalink":"https://action.news/topic/covid-19","mobileWebLink":"https://action.news/topic/covid-19"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"U.S. News","slug":"us-news"},"topic":{"title":"COVID-19","slug":"covid-19","overridesSectionLabel":false},"url":"https://action.news/news/topic/covid-19"},{"name":"Don Lemon","slug":"don-lemon","links":{"relativeLink":"topic/don-lemon","permalink":"https://action.news/topic/don-lemon","mobileWebLink":"https://action.news/topic/don-lemon"},"relegenceId":3969561,"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Media","slug":"media"},"topic":{"title":"Don Lemon","slug":"don-lemon","overridesSectionLabel":false},"url":"https://action.news/news/topic/don-lemon"},{"name":"Paul Krugman","slug":"paul-krugman","links":{"relativeLink":"topic/paul-krugman","permalink":"https://action.news/topic/paul-krugman","mobileWebLink":"https://action.news/topic/paul-krugman"},"relegenceId":3539894,"department":{"name":"Impact","slug":"impact"},"section":{"title":"Business","slug":"business"},"topic":{"title":"Paul Krugman","slug":"paul-krugman","overridesSectionLabel":false},"url":"https://action.news/impact/topic/paul-krugman"}],"isLiveblogLive":null,"isLiveblog":false,"cetUnit":"buzz_body","bodyAds":["\r\n\r\n","\r\n\r\n","\r\n\r\n"],"adCount":0},"isCollectionEmbed":false}">
_(720p).jpg)
 OFFICIAL HD MUSIC VIDEO.jpg)
.jpg)
