Posted on 08/05/2025 11:00:15 AM PDT by JV3MRC
Economic dunce-in-chief Paul Krugman knows as much about intellectual consistency as he does about the meaning of “transitory” inflation. His proverbial brain aneurysm to that effect was put on full display during the August 5 edition of PBS’s Amanpour & Company, which also airs on CNN International.
Krugman went on a sanctimonious rant against President Donald Trump over his suggestion that the Bureau of Labor Statistics was rigging jobs numbers under former Biden-appointed commissioner Erika McEntarfer, of which FEC records indicate was a Democrat donor. “This is Banana Republic stuff. This is -- I wrote about it, I called it Caracas on the Potomac. It's -- this is the kind of thing we only see in authoritarian regimes,” Krugman cried. Trump fired McEntarfer, after a record of her BLS being extremely wrong on the true state of the jobs market.
“This is -- the BLS is the most professional, I mean, as -- agency -- well, I shouldn't dis other agencies, but it's incredibly professional,” pontificated Krugman. Then Krugman went on a tear against Trump for even suggesting the BLS was “cooking the books," and never mind his own record.
(Excerpt) Read more at newsbusters.org ...
When’s the last time Krugman was right about anything?
The public is no longer buying what they’re selling.
When he was the tallest in a room of his peers.
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