Best of the Daily Blast: Krugman: Trump Screwed Himself Badly on Iran—and May Not Even Know It

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Original air date: April 29, 2026 In today’s episode, economist Paul Krugman lays out an expansive case that Donald Trump holds a losing hand in the war with Iran. Krugman argues that Trump can’t seem to admit that the Strait of Hormuz problem has cornered him. Krugman also details why the situation could get worse, if Iran continues holding out and constraints on oil supply drive the global economy into recession. As Krugman puts it, this will keep getting uglier for Trump until he “swallows his pride” and accepts that he doesn’t hold the cards. This builds on the ⁠piece Krugman posted on his Substack⁠ arguing that time is on Iran’s side. Gas prices just ⁠hit a new high⁠, and Republicans…