Posted on 01/24/2023 2:15:56 PM PST by JV3MRC
Have legitimate concerns about the national debt? Well, you may just be one of those GOP “economic terrorists,” according to New York Times bloviator-in-chief Paul Krugman.
Krugman’s Jan. 19 column spewed bile at GOP congressional members seeking spending concessions from President Joe Biden on the debt ceiling issue. “Don’t Try to Appease Economic Terrorists,” the headline read. Yes, Krugman actually used the word “terrorists.” [Emphasis added.]
He sugar-coated the issue falsely claiming that raising the debt ceiling “simply allows the government to honor its promises, which include everything from paying interest on its debt to sending checks to Social Security recipients.”
He lectured that “[n]o, raising the debt limit doesn’t give the president free rein to spend whatever he wants.” This is just dumb semantics. Raising the debt ceiling ad infinitum gives the government a pass to borrow as much as it wants to service the current debt, thereby sinking the U.S. economy further into debt by racking up the bills (the U.S. national debt is over $31 trillion now).
(Excerpt) Read more at newsbusters.org ...
How’d that inflation prediction turn out, Krugman??
BizPac Review:
Krugman is simply another leftist spouting off about how wealth can be created by government spending. He actually believes that the reckless printing of money won’t cause a fiscal crisis and beget inflation down the road. Krugman’s not the last of the muddle-headed utopian socialists, only one of the more comical. Again this year, I nominate him for the hands-down winner of the World’s Wrongest Economist.
Indeed.
Krugman has never been correct. That is why he should be listened to. Whatever he says, do the opposite.
So empty shelves are the GOP’s fault?
YAWN. And the GOP is going to push granny over a cliff end social security shutter the military abandon the VA.
“The Nobel prize people have thoroughly discredited themselves.”
I’ve heard that the Nobel family has totally disassociated themselves from the Nobel Foundation.
That’s what I call the Jim Cramer strategy. I wonder if that stupid 💩 takes Krugman as gospel.
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