Posted on 12/30/2022 12:12:00 PM PST by JV3MRC
The past year has been a rough one for the wild hot takes of The New York Times’s phony economics savant Paul Krugman. His ridiculous record on the state of the economy under President Joe Biden makes it hard to see how he still takes himself seriously.
Krugman used 2022 to praise the inflation and labor-shortage-rattled economy as “amazing,” double down on his imaginary “Biden Boom” and convince the masses that skyrocketing inflation was a transitory phenomenon. Despite admitting in July that he was “wrong” on the inflation crisis, Krugman continued to spew his flapdoodle with hubris and impunity on the internet, thereby making his “Bidenomics” gospel a regular punching bag for anyone with a modicum of basic economic sense. It’s long past due for Krugman to relinquish his phony Nobel Prize and call it quits.
Krugman’s track record can be perfectly summed up by two rules he gave to guide “Bidenomics” just before Biden took office Jan. 20, 2021, which ended up imploding in 2022: “Rule #1: Don’t doubt the power of government to help.” “Rule #3: Don’t worry about inflation.”
To cap off the year, MRC Business goes down memory lane to highlight Krugman’s top four WORST economic takes of 2022.
(Excerpt) Read more at newsbusters.org ...
With picks like these, it is no wonder the Nobel has become worthless. Dynamite under an EV may get little yardage out it.
"By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s."
-Paul Krugman 1998
Ana idiot savant, minus the savant part.
Nobel Prizes in any subject other than STEM are junk, thanks to the group without standards - the woke.
Whey one sees the first Nobel Prize in physics for climate change research, you know that STEM is also doomed.
His stupid opinions are always prefaced by the Slime Street Media as “Nobel Prize winning economst says”
Krugmnan is a mentally-ill dwarf, who rides the NYC subway, naked under a trenchcoat, doing soduku puzzles.
For the Left, it doesn’t matter how wrong Krugman is — it just matters that he keeps spouting the lies.
It’s all the same m.o. for Krugman, Schiff, Pelosi, etc... just keep feeding the beast and the sheeple will gasp in awe.
For a guy with a phd he’s wrong more than the local weatherman!
Paul Krugman is the idiot who claimed the internet would have no more impact on retail trade than the fax machine.
Did you ever fax an order to Amazon?
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