Brace Yourselves: Krugman Forecasts A Bright Economic Future.

This is the same Krugman who pontificated upon President Trump's election and the question of when the market will recover stated:

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

Not a particularly good prognostication, that, and it didn't age well, at all.

So hang onto your hats, as his first-pass answer in the New York Times to a Biden win is the circumstances

suggests that Joe Biden will eventually preside over a soaring, “morning in America”-type recovery.

This may be a case of a stopped clock being right twice a day, and right on this prediction, or he may be as right as he was regarding Trump's election and the economy -- and his guess then missed it by over a mile. 

But, if we go by Krugman's track record on such things, expect a recession or a major slump shortly.

Of course, after laying out in detail all the reasons why such a recovery will have nothing to do with Biden or his policies, but due to the nature of the pandemic and recovery from it, he then states Biden and progressive policies should take full credit for it, naturally.  

He also gets lots of shots in at Trump and Republicans but after all that's expected of Krugman - a man more often wrong than not, but never in doubt.