Paul Krugman: The fog of politics makes it hard to judge policy

Economic perceptions are largely shaped by media coverage — and, increasingly, by partisanship.

(Federal Reserve Economic Data via The New York Times) A graphic provided by FRED of gas prices since the beginning of the pandemic. "In principle, voters should judge politicians by their actions; they should support politicians who pursue policies that help them, oppose politicians whose policies would hurt them," writes New York Times columnist Paul Krugman. "To do this, however, voters should have a reasonably good idea of what policy is doing."

Paul Krugman: The fog of politics makes it hard to judge policy

Economic perceptions are largely shaped by media coverage — and, increasingly, by partisanship.

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