Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

BUST: How Paul Krugman Flip-Flopped from Prophesying ‘Biden Boom’ to Defending ‘Not So Bad Economy’
NewsBusters ^ | 5/1/2023 | Joseph Vazquez

Posted on 05/01/2023 9:33:35 AM PDT by JV3MRC

The so-called ‘Biden boom’ that New York Times economics columnist Paul Krugman has repeatedly foretold clearly never materialized. Now, he’s desperately trying to move the goalposts.

Krugman’s April 27 headline said it all: “Joe Biden and the Not-So-Bad Economy.” The columnist deluded himself. Krugmant claimed that he is “dreading the political crystal ball-gazing” that inevitably develops every election cycle. But he didn’t bat an eyelash about brazenly whipping out his faulty economic crystal ball to once again gaslight Americans on President Joe Biden’s abysmal economy. [Emphasis added.]

“Much political discussion, it seems to me, is informed by a sense that the economy will be a major liability for Democrats — a sense that is strongly affected by out-of-date or questionable data,” Krugman bleated. “The overall situation is, well, not so bad.” That’s quite an astronomically different reality compared to the prophecy Krugman burped out in November 2020 before Biden took office: “Making the Most of the Coming Biden Boom.”

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


TOPICS: Business/Economy; Government; Politics
KEYWORDS: economy; joebiden; nyt; paulkrugman

1 posted on 05/01/2023 9:33:35 AM PDT by JV3MRC
[ Post Reply | Private Reply | View Replies]

To: JV3MRC

Biden Boom to Biden BUST....................Has Krugman ever been right about anything?...............


2 posted on 05/01/2023 9:45:50 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

Dick Durbin said on live television this morning that he “knew the economy was in good shape despite McCarthy’s reckless debt ceiling bill because on his ride to the interview there were no lines outside of the banks”.


3 posted on 05/01/2023 9:46:03 AM PDT by blackdog ((Z28.310) We're all Women now.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

If I was standing outside in an open field under a crystal-clear, cloud-free, blue sky, basking in 82 degrees of sun-baked joy, and Paul Krugman told me it was a crystal-clear, cloud-free, blue sky day, I would go inside and find my dang raincoat...possible a cold-weather parka!!

THAT is how wrong Paul Krugman is on everything!


4 posted on 05/01/2023 9:53:02 AM PDT by ExTxMarine
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

His “views” pivot to fit the political situation.


5 posted on 05/01/2023 10:19:27 AM PDT by Republican Wildcat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Republican Wildcat

Krugman is an aganda spouting doofus but I bet he receives (as opposed to earns) a handsome salary.


6 posted on 05/01/2023 10:33:30 AM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
[ Post Reply | Private Reply | To 5 | View Replies]

To: All

7 posted on 05/31/2023 12:47:11 PM PDT by Conservat1
[ Post Reply | Private Reply | To 6 | View Replies]

To: JV3MRC

8 posted on 05/31/2023 12:48:36 PM PDT by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson