EU surrenders to Trump, Paul Krugman eats his words

I wonder if any Leftie #Resistance kooks will chase down NY Times op/ed doofus-in-charge Paul Krugman when he goes out to a restaurant/catch a movie/writes another Chicken Little op/ed.

Probably not, but they could legitimately chant political slogans that any 8-year-old would be proud of at his. After all, liberals could claim Krugman lied to them, and in the processes, fed into their budding TDS (Trump Derangement Syndrome).

In case you don’t remember, it was Krugman who (poison) penned in the New York Times on election day, 2016, that with Donald Trump winning the presidency, the entire planet was doomed with complete and total economic collapse.

In spite of Krugman boasting that as far as global economics go, “this is my specialty” and all that falderal, this dink couldn’t have been more wrong.

Just to rub salt into the wounds of Krugman and those stupid enough to give even the slightest touch of credence to his blatherings, Krugman also referred to our POTUS as an “irresponsible, ignorant man”.

Wow. So irresponsible and ignorant, he just beat Hillary Clinton.

Anyhow, this yutz finished up his pout-filled warning that the sky was indeed falling by stating, “So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.”

Just in case Krugman and his ilk missed it, Reuters is reporting;

Speaking with [European Commission President Jean-Claude] Juncker at his side, Trump said they had agreed in talks to “work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.”

“We will also work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, as well as soybeans; soybeans is a big deal,” he said, adding that Europe would also step up purchases of liquefied natural gas from the United States.

For their part, the EU issued a press release that not only noted “a $1 trillion bilateral trade relationship” with the US, but also cited their four main reasons why they caved to Trump’s non-negotiables of zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.

  • This will open markets for farmers and workers, increase investment, and lead to greater prosperity in both the United States and the European Union. It will also make trade fairer and more reciprocal.
  • Secondly, we agreed today to strengthen our strategic cooperation with respect to energy. The European Union wants to import more liquefied natural gas (LNG) from the United States to diversify its energy supply.
  • Thirdly, we agreed today to launch a close dialogue on standards in order to ease trade, reduce bureaucratic obstacles, and slash costs.
  • Fourthly, we agreed today to join forces to protect American and European companies better from unfair global trade practices. We will therefore work closely together with like-minded partners to reform the WTO and to address unfair trading practices, including intellectual property theft, forced technology transfer, industrial subsidies, distortions created by state owned enterprises, and overcapacity.