Will the Economy Favor Biden or Trump? Paul Krugman Weighs In.

Hosted by Michelle Cottle, Ross Douthat and Carlos Lozada

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Why does the economy look so good to economists but feel so bad to voters?

The Nobel laureate economist Paul Krugman joins the hosts this week on “Matter of Opinion” to discuss why inflation, interest rates and wages aren’t in line with voters’ perception of the economy. Then, they debate with Paul how big of an influence the economy will be on the 2024 presidential election, and which of the two presumed candidates, Joe Biden and Donald Trump, it could benefit. Plus, Ross Douthat’s lessons on aging, through Michael Caine impressions.

(A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)

Credit…Illustration by The New York Times; Photograph by imaginima/Getty Images

Mentioned in this episode:

  • “Believing Is Seeing,” from Paul Krugman’s newsletter

  • “The Age of Diminished Expectations,” by Paul Krugman

  • “The Trip” scene: “This Is How Michael Caine Speaks”

Thoughts? Email us at [email protected].

Follow our hosts on X: Michelle Cottle (@mcottle), Ross Douthat (@DouthatNYT) and Carlos Lozada (@CarlosNYT).

“Matter of Opinion” is produced by Sophia Alvarez Boyd, Phoebe Lett and Derek Arthur. This episode was edited by Jordana Hochman and Alison Bruzek. Mixing by Pat McCusker. Original music by Isaac Jones, Efim Shapiro, Carole Sabouraud, Sonia Herrero and Pat McCusker. Our fact-checking team is Kate Sinclair, Mary Marge Locker and Michelle Harris. Audience strategy by Shannon Busta and Kristina Samulewski. Our executive producer is Annie-Rose Strasser.

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