r/neoliberal • u/jobautomator Kitara Ravache • Mar 29 '26
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u/erasmus_phillo Paul Krugman Mar 29 '26
While I do think that Philippe's analysis here is mostly right, what I do think he's missing in his analysis is the fact that Americans seem to have a much lower tolerance for economic pain than most countries, even other developed countries. An electorate for whom foreign policy has little salience and would throw out a government for gas prices that are above $4 a gallon isn't going to appreciate any amount of economic pain over the Iran War