A Nobel Prize-winning economist has warned Trump supporters who decided their vote based on his promise to improve the economy are in for a "really rude shock."
Concretely, Paul Krugman said that a burst of inflation caused discomfort among many Americans and led them to vote against President Joe Biden, but, ironically, Trump's economic platform is set to reignite price increases. He named his intention of passing a tax cut that will mostly benefit the wealthy and increasing tariffs on foreign products as the main examples.
