Every time a big natural disaster strikes, progressive economists predict an economic boom. Between Harvey and Irma, the LA Times, CNBC, and Goldman Sachs expected a bump in the GDP once the recovery efforts got rolling.
Perhaps the best known fan of mass destruction is NY Times columnist Paul Krugman. While he has yet to weigh in on the storms of the past few weeks, I’m sure it’s coming. After all, he found economic growth in Fukushima…More