Posted on 11/04/2021 8:40:00 AM PDT by JV3MRC
New York Times economist Paul Krugman claimed President Joe Biden has no control over the rise in gas prices. This, of course, comes after Krugman pilloried former President Donald Trump a year earlier for allegedly exercising the same control he said Biden didn’t have.
Krugman took to Twitter to try to explain away the abysmal election results for Democrats Tuesday in an attempt to protect Biden: “One issue that seems to have influenced voters Tuesday was the price of gasoline — over which Biden has no control.” But Krugman went after Trump in 2020 over his alleged control over the price of oil, which affects gas prices. “Crude oil prices have determined at least half of the price of each gallon of gas over the last decade,” according to The Balance. “Why is Trump so desperate to raise oil prices, even though America is a net oil importer?” Krugman griped in an April 2020 tweet. In another April 2020 tweet, Krugman sniped at “Trump's eagerness to raise oil prices, supposedly to protect a much smaller number of jobs.” Aside from the clear hypocrisy, Krugman is wrong. Environmental Progress Founder and President Michael Shellenberger ripped Krugman’s argument that Biden had no control over gas prices as “ridiculous” and “absurd.”
(Excerpt) Read more at newsbusters.org ...
Unlike Trump, Biden doesn’t have a ‘magic wand’ ... of competence.
American oil companies should drill in Russia. Gotta be something in it for us. Plenty of 3rd world labor available.
Biden and the feds SHOULD have no control over gas prices, but they have the great potential of screwing prices all up like they have with inflation and unconstitutionally meddling in the marketplace for the last 100+ years.
Krugman’s economic assertions are actually political. Nah!!!
Lying sacks of poo gotta lie.
That’s the leftie talking point - that the President doesn’t have control over fuel prices.
And often when Brandon thinks he has gas, his farts have lumps.
And then Doc Jill and the cute Secret Service agent have to swing into action...
The economist who is always wrong.
Kruggie meant that Joek has no control over his bowels.
“One issue that seems to have influenced voters Tuesday was the price of gasoline”
I’ll go along with that much..the part about the mummy having no control just insults my intelligence.
And OBTW....its gonna influence voters next November also.
Everyone but the commie-Dem base and the elites will blame Biden for the high gas prices, trying to protect him on this won’t work.
Who is making or selling the “I Did That” Biden stickers?
I can see uses for those other than at gas pumps.
Kraully Pugman loves those fungible facts.
Krugman should have been put out to pasture a long time ago.
Try amazon
Krugman is a tool. Always has been.
It is really interesting to see The Left talking heads go Full Retard.
We now see that since the 80’s, they have been making things up just to keep The Story alive and The People asleep.
Partisan Media Shill alert. Some additional:
John Galt To The Rescue: Krugman insisted Musk and others with $1-billion-plus net worth were using their political clout to "block Democratic plans to pay for much-needed social spending with a tax that would have affected only a few hundred people in a nation of more than 300 million."
Krugman claimed the aversion of the wealthiest Americans to pay more in taxes was rooted in Rand's 1957 "Atlas Shrugged" and its plot where "taxes and regulation induce wealth creators to withdraw to a hidden stronghold, causing economic and social collapse."
Yet Musk has never been a supporter of Rand's objectivist politics and once commented that "Atlas Shrugged" was "very appealing if you're a sophomore in college," adding that it was "a counterpoint to communism and useful as such, but should be tempered with kindness."
Calling Dr. Freud: Krugman then attempted to psychoanalyze Musk, claiming his aversion to paying taxes could be the result of emotional turmoil.
"What I suspect, although I can't prove it, is that what really drives someone like Musk is an insecure ego," he continued. "He wants the world to acknowledge his unequaled greatness; taxing him like a '$400,000-a-year working Wall Street stiff' (my favorite line from the movie 'Wall Street') would suggest that he isn't a unique treasure, that maybe he indeed doesn't deserve everything he has."
Krugman also declared rich individuals like Musk surround themselves with "courtiers and flatterers" who feed their sense of self-worth, resulting in problems for those who lack their fortunes.
"The important point, however, is that the pettiness of billionaires comes along with vast power," he added. "And the result is that all of us end up paying a steep price for their insecurity."Why Paul Krugman Accuses Elon Musk Of An 'Insecure Ego'
Krugman is utterly incapable of being embarrassed. He has contradicted himself so many times, depending on whether he is commenting on an R or a D that he has absolutely no credibility.
Dude lost his mind about thirty years ago and hasn’t found it since. Sad.
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