Nobel laureate Paul Krugman doubled down on his stance that the U.S. is now seeing disinflation and took an interesting example to make his case.
What Happened: On Saturday, Krugman shared a video clip of Donald Trump’s speech shared by MeidasTouch.com senior digital editor Acyn Torabi, in which the former president slammed Democrats for opposing voter IDs while requiring pictures of attendees at the Democratic National Convention.
In the video, Trump also insisted that “you have voter ID to buy a loaf of bread.”
Commenting on the clip, Krugman said, “One funny thing about this particular delusion — which Trump has seemed stuck on for a long time — is that those of us pointing to disinflation are constantly accused of being out of touch because we never buy our own groceries.”
Setting the record straight, the economist said he does his own grocery shopping and that one doesn’t need to show ID unless they are buying alcohol.
While conceding that groceries now cost a lot more than ...