Posted on 08/10/2022 12:16:38 PM PDT by JV3MRC
New York Times economic columnist Paul Krugman is now pretending to be a climate expert since his economic record on inflation is just awful. Now, he’s celebrating Democrat senators for allegedly trying to “save” civilization from a supposed eco-disaster with their $740 billion Inflation Reduction Act, projected to worsen inflation.
The Democrat-controlled House of Representatives is currently considering the legislation.
Krugman was tickled pink in his latest drivel headlined: “Did Democrats Just Save Civilization?” In the lead of the story, he fawned: “They really did it.” He continued: “This is a very big deal. The act isn’t, by itself, enough to avert climate disaster. But it is a huge step in the right direction and sets the stage for more action in the years ahead.” That’s despite the fact that “the bill worsens inflation by constraining the productive capacity of the economy,” the Tax Foundation analyzed. The Guardian reported the bill would give a whopping “$369bn to reduce America’s greenhouse gas emissions and invest in renewable energy sources.” That’s despite inflation remaining at 40-year highs and the economy contracting in two successive quarters to meet the technical definition of a recession.
It’s not surprising that Krugman is wielding climate propaganda to gin up hopes that more spending will somehow reduce emissions:
"Every Republican in the Senate was willing to kill our best chance at avoiding climate disaster, simply to deny the Biden administration a win."
(Excerpt) Read more at newsbusters.org ...
Krugman, a source of pure misinformation.
An army of tax collectors to snuff out civilization.
This is the same Krugman who has said for decades we need to be communist like totally awesome China is.
From the guy who wished more hurricanes would slam the US to “boost the economy”.
No credibility left for poor Paul.
The opposite is true.
Tell me one issue he’s ever been ‘right’ or accurate on...can’t do it!
Journalism is a lost cause. It no longer exists.
A clock is right two times a day. Krugman can’t meet that low bar.
Amazing Krugman makes a living just writing and saying gibberish.
Krugman is and always has been a communist. Of course his predictions and ideas are so opposed to the reality of our economic system.
Has he ever been right about anything? He’s like the morning weather reporter for the Atacama News who forecasts heavy rains every day.
Coming from the same tard that said inflation was transitory, among a host of things. And to think this tard received the Nobels......
Krugman’s vision is obscured by his colon.
If Krugman is now condemning us to climate change destruction, in addition to his normal inconsequencial economic advice, I think things are going to be alright. He quite literally is never accurate about anything.
The idiot who claimed Trump would destroy the US economy lol:-)
How did that Krugman clown ever get to the position he holds now???? How did he ever get a Nobel in Economics??????
I can’t recall when someone who is supposed to be so smart has been wrong on so many things.....most notably economics...they very thing at which he’s supposed to be smart.
“How did he ever get a Nobel in Economics”
I think in his younger days he made process in some small area of theory and practice.
As as generalist he has been a total failure.
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