He criticizes so called supply side voodoo economics.
Voodoo economics is also, largely, globalist economics.
Krugman's problem here, as usual, is that his non voodoo economics is also globalist free trade economics, really.
The Republicans, and the Democrats, including their presidents, as far back as the eye can see, have been free trade globalists, relying more or less on globalists economists, regardless of their party affiliation.
This explains why, when Egan points out today that Ryan sips expensive wine with both a hedge fund manager and a free trade economist, one really cannot tell (one can infer a party connection by context) which political type of economist was meant.
But the point here, sadly enough, and Krugman is not going to tell you about it, is that it doesn't really matter, as both voodoo and non voodoo economists are free traders,
and that is the main underlying cause of our troubles, a structural political failure, abetted by economics, below the level of a 'budget', or 'monetary' policy, or 'taxing' policy, or 'spending' policy.
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