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Trump Now Attacks Nobel-Prize Winning Economist, "Deranged BUM"

UNITED STATES, AUG 11 – Trump attacked Paul Krugman, calling him a 'deranged bum' after Krugman warned tariffs could cause a 50% chance of recession and weaken U.S. global alliances, experts said.

  • On the night of August 11, 2025, President Donald Trump posted a harsh criticism of economist Paul Krugman on Truth Social, calling him a "Trump Deranged BUM."
  • Trump's outburst followed Krugman's repeated critiques of the administration's tariff policies and economic data interpretation from April to August 2025.
  • Krugman, a 2008 Nobel laureate and former New York Times columnist now on Substack, has described Trump's tariffs as a disaster and warned of stagflation and recession risks.
  • Trump asserted Krugman's forecasts kept investors from benefiting during his administration's market highs, while Krugman called the 'Deranged BUM' label flattering and added it to his profile.
  • The exchange highlights enduring tensions over U.S. trade strategy and economic outlook, raising concerns about political rhetoric and debate tone in 2025.
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Crooks and Liars broke the news in United States on Monday, August 11, 2025.
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