Source: Beat the Press
by Dean Baker
“It’s understandable that Trump’s team likes to pretend that his random ramblings and angry acts of revenge are all part of some grand strategy, but why would anyone not on his payroll play along with this obvious absurdity? To anyone paying attention, it should be pretty clear that Donald Trump is clueless about the economy. Just to take an obvious example to make the point: Trump has repeatedly promised to lower drug prices by 800, 900, or even 1,500%. As he rightly says, no one thought it was possible. It wouldn’t be a big deal that he got confused once or twice and forgot that you can’t lower prices by more than 100%, unless you envision drug companies paying people to use their drugs. But Trump has done this repeatedly, over many months.” (10/28/25)
https://cepr.net/publications/trumponomics-the-economics-of-crazy/