"If ordinary working families no longer believe that traditional elites know what theyre doing or care about people like them, well, what happened during the austerity years suggests that theyre right."
1) It's not "or" - It's "and."
2) I don't remember anyone outside of MI ever voting for Gerald Ford for anything after crooked Nixon.
3) Not just the years cited; those wrong-headed GOP policies go back to the '80s.
4) Elites? You do mean GOP big business' corrupted cabals, and their lobbyists, Mr. Krugman?
5) Reagan's deregulations? Thank goodness his sick mind didn't do worse; oh wait, he had others do that.
6) Bushies' foreign policies from hell?
7) Trump's lies, delusions, and failures?
However, I do recall "How Carter Created Jobs, Fought Stagflation, and Brokered World Peace" - https://www.thebalance.com/president-jimmy-carter-s-economic-policies-4586571
I do recall Clinton's Presidency because it kept our family functional and employed: During his presidency: More than 18.6 million new jobs were created, more than any other president; unemployment dropped from 7.5 percent to 4 percent; home ownership was 67.7 percent, the highest rate ever recorded; the budget deficit dropped from $290 billion to a budget surplus of $128 billion; the poverty rate dropped to 11.8 percent. https://www.thebalance.com/president-bill-clinton-s-economic-policies-3305559
I know former President Barack Obama early on inherited the mess of the Great Recession and found the way forward; thereafter, he was blocked at every other legislative turn but still managed to provide more affordable access to health care.