Posted on 08/19/2021 10:42:38 AM PDT by JV3MRC
It is peak irony when New York Times economist Paul Krugman accuses fossil fuel defenders of “bad economics.”
The same Krugman who wrongly claimed in 2016 that former President Donald Trump’s election would lead to “'a global recession, with no end in sight,'” wrote a new op-ed headlined: “The Bad Economics of Fossil Fuel Defenders.” He peddled nonsense: “[C]laims that taking on climate change would be an economic disaster are as much at odds with the evidence as claims that the climate isn’t changing.” Too bad for Krugman that Transversal Consulting President Ellen Wald Ph.D. reportedly told Axios that President Joe Biden’s climate agenda has kept “‘American [oil] production down.”
Biden’s actions enabled an economic crisis by allowing the Organization of the Petroleum Exporting Countries (OPEC) to gain “more leverage over U.S. gas prices, especially Saudi Arabia.” Biden all but begged OPEC to produce more oil while U.S. production remains stagnant. A climate agenda that hamstrings the U.S. economy by subjecting it to foreign oil cartel manipulation was clearly lost on Krugman.
(Excerpt) Read more at newsbusters.org ...
Well, Walter Duranty got a Pulitzer prize for his reporting...
It amazes me that anyone still listens to anything Krugman has to say. The man has made a career out of being wrong.
Like Enron, Kruggie?
There is no such a thing as a fossil fuel
Bless his heart.
Can’t stand this guy (Krugman).
IIRC, it was a Nobel prize in *economics!*
When you are a failure and out of touch, as Krugman is regarding economics, he literally can say anything, as it really does not matter. Nobel prize? Worth less than a tin trophy on his bedroom dresser. Krugman’s only value is as a reverse barometer, always do the opposite of what he says.
Fossil fuel is so bad, it built an international monster of an economic power. But don’t like that get in the way of your facts, commie cuck.
Has Krugman made an economic prediction EVER that proved correct?
Make this clowntool walk everywhere, cut off his electricity and natural gas.
Always take the opposite view of Paul Krugman. You can’t go wrong.
His economics are based on politics and which way the wind is blowing.
You are 100% correct. It’s a made up term designed by liberals to scare ignorant people into believing that at some point we’re going to run out of fuel and we won’t be able to drive cars, heat our homes and we’ll have to live the way the government tells us we have to live.
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