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Condescending Paul Krugman Bleats ‘Biden Boom’ Great for Workers ‘Whether They Know it or Not’
NewsBusters ^ | 9/8/2022 | Joseph Vazquez

Posted on 09/08/2022 9:48:58 AM PDT by JV3MRC

New York Times economics columnist Paul Krugman apparently tried to strong-arm struggling American workers into believing that they have been ignorant of an ongoing “Biden Boom."

Krugman’s latest op-ed of pro-Biden drivel didn’t make much of an argument. “[W]hile the Biden boom was and is real, has it been good for U.S. workers? Ask many American workers, and they’d probably answer in the negative,” Krugman wrote. “After all, hasn’t inflation eaten up all their wage gains and then some?”

But Krugman then took a nutty shift into pure condescension: “Bidenomics has been good for American workers, whether they know it or not.”

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


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bidenboom; blogpimp; economy; nyt; paulkrugman
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1 posted on 09/08/2022 9:48:58 AM PDT by JV3MRC
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To: JV3MRC

The guy is a far left moron.


2 posted on 09/08/2022 9:49:48 AM PDT by FlingWingFlyer (I always thought a Merry Garland was a Christmas tree decoration.)
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To: JV3MRC

Suffering makes you a better Democrat


3 posted on 09/08/2022 9:50:35 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: JV3MRC
Quos Deus vult perdere, prius dementat
4 posted on 09/08/2022 9:51:14 AM PDT by skeeter
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To: JV3MRC

He’s the guy who is always wrong

You can count on it


5 posted on 09/08/2022 9:52:13 AM PDT by NWFree (Somebody has to say it 🤪)
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To: JV3MRC

It must be nice to be wrong 99% of the time and win a Nobel Prize, sit back and continue making wrong assessments about the economy ad infinitum.


6 posted on 09/08/2022 9:52:26 AM PDT by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: griswold3

Leftists give him a pass while the Kenyans/BJ’s peel off our fence-sitters and independents. Works for them. Effectively I must say.


7 posted on 09/08/2022 9:52:59 AM PDT by DIRTYSECRET
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To: JV3MRC

I work. I spent $100 last night to fill up my car to go to work.’’Is that “Great” for me, whether I know it or not?

I look at it as my Brandon DeathWinter tax payable to the communist Marxists Junta, the Democrap party they own, and their Media stooges.


8 posted on 09/08/2022 9:54:53 AM PDT by FlyingEagle
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To: JV3MRC

Are those the workers Biden burdened with paying off others student loans?

Those workers Paul?


9 posted on 09/08/2022 9:55:09 AM PDT by WeaslesRippedMyFlesh
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To: Erik Latranyi

I’m surprised the scumbag hasn’t gotten sued or fired.

Anyone who listens to him deserves poverty.


10 posted on 09/08/2022 9:57:09 AM PDT by AAABEST ( NY/DC/LA media/political/military industrial complex DELENDA EST)
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To: JV3MRC

“Now clap for that, ya dumb bastards!” —Joe Biden


11 posted on 09/08/2022 9:57:15 AM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: FlyingEagle

There’s no Biden boom. The country reopened fully despite Covid and some folks have returned to work. There is still a massive labor shortage, inflation is still 8% and interest rates are not done climbing. We’re in a recession regardless of word salad these scumbags use. We continue to spend money we don’t have and are being flooded by third world criminals.


12 posted on 09/08/2022 9:58:45 AM PDT by MrRelevant
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To: JV3MRC

13 posted on 09/08/2022 9:59:41 AM PDT by grimalkin (Communism is the final logic of the dehumanization of man. -Fulton J. Sheen)
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To: Erik Latranyi

I’ve had economist friends (Who are conservative!) tell me that Krugman is an expert on an aspect of international trade. Is deserving of a Nobel Prize in Economics in the narrow ‘specialty’. On everything else they say he’s an extreme partisan shill! No kidding!

Note I’ve never bothered to research exactly what this economics specialty is!

There were Soviet economist that got prizes so why not Krugman. Doesn’t say much for economics as an objective field of study.


14 posted on 09/08/2022 10:01:53 AM PDT by Reily
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To: JV3MRC

War is peace etc...


15 posted on 09/08/2022 10:06:08 AM PDT by AndyTheBear
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To: FlingWingFlyer

My wife and I have been married 45 years. When I met her, she was a Ford Republican and I was a Reagan Democrat.

She usually voted Republican just to do it, but was fairly moderate. Since Covid she has become as conservative as me.

Last night she observed about the media, “Everything they write and say is a cross between a lie and pure nonsense.”


16 posted on 09/08/2022 10:06:15 AM PDT by Luke21
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To: JV3MRC
In the long run the economy doesn't have to be a zero-sum game. Wealth can be created.

However, over the short term one person's gain can be another person's loss.

Rightwing, leftwing, and middle-of-the-road economists can paint any situation as either good or bad by just focusing on the winners or losers.

It is the worst sort of clickbaiting, grifting, telling some people what they want to hear rubbish.

17 posted on 09/08/2022 10:07:33 AM PDT by who_would_fardels_bear (This is not a tagline.)
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To: JV3MRC

Wasn’t it just a month ago that Krugman had to issue a mea culpa about how he was completely wrong about inflation?

Seems he has learned nothing from that experience.


18 posted on 09/08/2022 10:08:00 AM PDT by Boogieman
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To: Erik Latranyi

“It must be nice to be wrong 99% of the time and win a Nobel Prize...”

The trick is to be wrong but say things that a lot of people wish were right.


19 posted on 09/08/2022 10:08:49 AM PDT by Boogieman
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To: MrRelevant

Well there is a “boom” in sense of an economy destroying explosion...


20 posted on 09/08/2022 10:09:22 AM PDT by AndyTheBear
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