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Zonking Out: NYT’s Economist Claims ‘Inflation Doesn’t Seem to Be Entrenched’
Media Research Center ^ | 5/23/22 | Jeffrey Clark

Posted on 05/25/2022 10:26:44 AM PDT by jeff_clark

The same wealthy New York Times economist who admitted he was dead wrong on inflation is claiming that stagflation is nothing to worry about.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics; Travel
KEYWORDS: anwr; bidenflation; blogpimp; clickbait; economy; gas; inflation; jobs; keystonexl; newyork; newyorkcity; newyorkslimes; newyorktimes; opec; pimpmyblog; postandrun

1 posted on 05/25/2022 10:26:44 AM PDT by jeff_clark
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To: jeff_clark

The inflation that persisted throughout the 1970s didn’t seem to “be entrenched” either, once Jimmy Carter was kicked out of office and President Reagan’s team took over.


2 posted on 05/25/2022 10:29:58 AM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: jeff_clark

America is certainly “entrenched” though there Mr Brainless Biden bot, d-bag.


3 posted on 05/25/2022 10:36:07 AM PDT by albie
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To: jeff_clark

Inflation causes people to spend less, and travel less and enjoy life less. Companies will be less profitable and many will cut back and many will go out of business. We might all have to learn to live poorly.

Now, if governments at al levels would cut their spending at the same proportions that people do, perhaps inflation wouldn’t be so bad and we could probably get out of it sooner.


4 posted on 05/25/2022 10:38:06 AM PDT by adorno
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To: jeff_clark

Jimmy Carter gave me a 13.5% mortgage interest rate in 1980. Looks like we are headed in that direction under BiteMe.


5 posted on 05/25/2022 10:42:57 AM PDT by IAGeezer912 (One out of every 20 people on the face of the earth are Americans. We have won life's lottery.)
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To: adorno

If only we use Mr.Peabody’s Wayback Machine and go back to stop the idiots from flooding the money supply with $5 trillion of out-of-thin-air money. They created more than we spent to win WW II…in less than a year!


6 posted on 05/25/2022 10:47:07 AM PDT by ProtectOurFreedom (Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
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To: jeff_clark

If Krugman says tmw will be warm and sunny, take a jacket and umbrella with you. This clown is wrong 95% of the time.


7 posted on 05/25/2022 10:51:03 AM PDT by Signalman
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To: jeff_clark

I knew it was that crank Krugman before I even read the article from the headline alone.


8 posted on 05/25/2022 11:39:50 AM PDT by 31R1O
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To: jeff_clark

Krugman has soiled himself so many times in public, it ain’t funny.


9 posted on 05/25/2022 3:19:50 PM PDT by sauropod ("We put all our politicians in prison as soon as they are elected. Don’t you?" Why? "It saves time.”)
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To: albie

He is the head of the snake....but plenty of snakes underneath that snake.


10 posted on 05/25/2022 3:22:25 PM PDT by Osage Orange (Had a tag line a couple times....maybe have another someday.)
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