translation: The Democrat Party is going all-in on the Lizzie Warren campaign and her left-wing brand of populism.
Good call, Buckeye.
“Lizzie Warren took an axe,And gave the economy forty whacks;When she saw what she had done,She gave the American people forty-one.”
Economists like Krugman, Keynes or Marx become favorites of the Left, because they produce the most credible sounding excuses for the Left to do whatever they want to do - spend unlimited amounts of money, and wield unlimited decision-making power over everyone else.
They are just the best liars for the Party.
So after a lifetime at the top of the economic lying game, any big shift by Krugman is likely to signal a shift in Party tactics/strategy, rather than some sort of genuine revelation.
Probably looking at some demographics in swing states (like blue collar in the upper Midwest) that they need to manipulate better to win in 2020.