Posted on 07/21/2022 10:06:56 AM PDT by JV3MRC
The New York Times Opinion actually published a shocking project where eight of their columnists admitted they were wrong about either economics, tech, foreign affairs or politics. At the top of the list was none other than “transitory” inflation gaslighter Paul Krugman.
The Times’s economic columnist published an op-ed with a headline that didn’t beat around the bush – for a change – and acknowledged how bad his unrealistic takes on the inflation crisis were for the past year. “I Was Wrong About Inflation,” says the headline. The disgruntled economist actually conceded that Biden’s irresponsible $1.9 trillion stimulus package was inflationary, despite his earlier objections to the contrary. “Some warned that the package would be dangerously inflationary; others were fairly relaxed," Krugman wrote. “I was Team Relaxed. As it turned out, of course, that was a very bad call.” Krugman’s latest concession comes after recent news that inflation spiked 9.1 percent year-over-year in June, wiping out estimates of an 8.8-percent increase.
(Excerpt) Read more at newsbusters.org ...
So when can we expect you resignation, Paul?
When will you admit your other past predictive mistakes, Mr. KrugmanIdiot?
Wake me up when he is right for once.
He left out the word “deliberately.”
He’s been wrong for so long the only people who should be embarrassed are those that still listen to the idiot 🤪
So let me get this right, if you are on the Left, Stupid, Ignorant and Wrong on just about every prediction, all you have to do is say “OOPS I WAS WRONG” and all is forgiven???
NO Paul, you and your cohorts need to have your Dumb Asses fired ASAP!
“I’m a phony, don’t trust anything I say” would show he gets the big picture.
Have to give the guy credit for admitting he was wrong. Most lefties are incapable of this feat of humility.
Krugman has never been right about anything.
Paul Krugman, more often than not, is off his meds.
Apparently Paul Krugman has never read FR.
5.56mm
It must be nice to have a job where you can be wrong all the time and not get fired.
Exactly. The “I was wrong” isn’t really news.
If the day ever comes when he is right, that would be news.
Looks like the pundits are going to run interference for the administration and take the blame.
Nah, don’t give him credit. It’s not too long into his op-ed where he flails that his opponents on the inflation issue were right for the wrong reasons.
“I know it sounds lame to say that Team Inflation was right for the wrong reasons, but it’s also arguably true.”
Properly phrased. I do not recall any predictions that Krugman has made that have been right.
Not sure it was an honest apology. More likely an opening shot at a concerted effort to ditch Brandon.
He has to admit he’s wrong in order to have credibility on the next thing he wants to talk about. It isn’t about humility or contrition. He’s just trying to restore his status.
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