As I said in today’s column, nobody who thought Trump would be a disaster should change his or her mind because he won the election. He will, in fact, be a disaster on every front. And I think he will eventually drag the Republican Party into the abyss along with his own reputation; the question is whether he drags the rest of the country, and the world, down with him.
But it’s important not to expect this to happen right away. There’s a temptation to predict immediate economic or foreign-policy collapse...
America has a vast stock of reputational capital, built up over generations; even Trump will take some time to squander it.
The true awfulness of Trump will become apparent over time. Bad things will happen, and he will be clueless about how to respond; if you want a parallel, think about how Katrina revealed the hollowness of the Bush administration, and multiply by a hundred. And his promises to bring back the good old days will eventually be revealed as the lies they are.
But rather than just being clueless on how to respond, I suspect at just the wrong time Trump will act anyway in a decisive manner that will be extremely destructive---with bad advisers goading him.
And, of course, my view on what needs to be done in the place of Trump actions differs dramatically from those of Krugman in almost every area. Still, I'd rather have Krugman as president rather than Trump.