Krugman just knows who signs his pay check.
I haven’t read it yet, but reading the headline, my first thought is, “this is gonna be good.” We’ll see.
I remember him. He’s the asshat who was dead flat wrong about every prediction he made about Trump’s economics.
Paul Krugman...an economist who tells everyone that what they see in real life economics is not what they see.
.
He was once an economist, with Keynesian economic models variations. That was then. Then he embraced the Keynesian economic model, went full on democrat, and made money as a Democratic Party favorite and shill.
He isn’t an economist now, he has no predictive value. Better to watch what the Warren Buffetts are doing and not listen to the shills.
Krugman has been so very wrong about so many things it is amazing to me that he has any credibility left.
This is not a conservative perspective. Nor is it biblical.
It is a Leftist model, of the Krugman sort. One reads:
"A perpetual bond is a bond with no maturity date that theoretically pays interest forever." So you think US citizens should be in perpetual debt and only "service" the debt? Others call that involuntary servitude. Perpetual bond - WikipediaAs to "ample abilities" to "service" debt, most Americans haven't ample abilities of which you write.An Overview of Perpetual Bonds - Investopedia
US median per capita $65KThe Krugmans of this world and their fans are wholly uninterested in the fiscal healthy of most Americans, but happy to see them in "service" to debt. This is feudal, in a way. Binding a people to the "land" which is "debt." In perpetuity. Indentured servitude through corrupt, Leftist politics.
Less than $50k -- 60.96% of population.
Circa $50k-$100k -- 24.61% of population.
More than $100k -- 14.43% of population.Source: https://en.wikipedia.org/wiki/Personal_income_in_the_United_States
I seriously doubt that Krugman has ever been inside a grocery store.
Lefturd loons are called loons because they are the ones who are emotionalists, subjectivists, relativists, whim-worshipers, evaders of reality, and are incompatible with life proper to a rational being. They are just projecting when they accuse conservatives of that.
1. his wife wrote it
2. his Nobel was for bashing George W. Bush
inflation
increased national debt
tax increases
interest rate increases
increased regulations
negative impact on small businesses compared to large businesses
short term rather than long term
Krugman is a leading advocate of expansionary monetary policy to boost inflation and aggressive fiscal policy to boost aggregate demand. In 2016, he said: “Everything about recent experience suggests that the world desperately needs fiscal expansion to boost demand and—that our sole reliance on central banks isn’t working.”
For example, on his blog in 2015, Krugman pointed to a positive correlation between government expenditure and economic growth from 2010 to 2013.
Whenever I see the name Paul Krugman I know something wrong is about to follow.
For those who are too young to know or remember we are now in Jimmah Cahtah 2.0.
Real late ‘70’s, early ‘80’s kinda stuff.
This is the crap that should have been taught in schools, but it interfered with the mind control operation that our schools have become.
Listen to the boomers.
Ask them about the conditions back then, and how the hell we got out of it.
Ask them how the bushes have put us back on this road and are the cause of this crap.
Ask them.
But beware, they will answer you, and you will not like the answer
When was the last time Krugman had to buy gas or groceries for himself and his family? Paid utility bills that are soaring ≈ 20%/year?
People who claim “Bidenomics” is working are the very ones that have everything done for them and have no idea how the rest of us has to plan and live within a budget - that is being busted regularly by Bidenomics.
But he just makes it so danged easy
Indeed just like the climate control issue damned the facts we have a program to pimp.
Krugman was an advisor to Enron.
Did they ever let him take off the ankle bracelet?
Annnnd, Obama got a nobel. BFDeal.
Bidenomics is not designed to produce economic success; it’s a “Progressive” political program to redistribute wealth, and therefore power, to Democrat constituencies.
For Krugman, the “success” of Bidenomics, resides in the political program. Small wonder the rest of us perceive it as failure: Bidenomics’ intent is to impoverish the middle class by destroying the value of their life savings, and making it difficult for ordinary people to accumulate wealth via home-ownership and prudent savings. Bidenomics seeks to lower the standard of living for most people, shifting wealth to government insiders and super rich elites (plus foreign entities that have paid off Biden and other Dems). Since political power follows economic power, the Dems do not want “ordinary” people having either.
So as Paul sees it, Bidenomics is a big success. The general population just isn’t Progressive enough to enjoy being impoverished and disempowered for the, er, “common good” of leftist elites.