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How Not to Have a Putin Recession
New York Times ^ | March 14, 2022 | PAUL KRUGMAN

Posted on 03/15/2022 3:12:19 PM PDT by conservative98

Kevin McCarthy, the Republican House minority leader, said something cynical and transparently dishonest the other day. To be fair, that’s sort of an evergreen remark; you could have said the same thing about him just about any week over the past few years. But this particular statement seemed important, because it involved a lie that has a direct bearing on how America will respond to Russia’s invasion of Ukraine.

Here’s what McCarthy tweeted: “These are not Putin gas prices. They are President Biden gas prices.”

Now, that’s just false. You can argue about how much responsibility Biden’s policies bear for inflation in other parts of the economy, but the rising price of gasoline reflects the rising world price of crude oil, which hasn’t been significantly affected by anything Biden has done. And soaring crude prices have caused prices at the pump to surge in nations around the world, indeed by roughly the same amount. That is, these really are Putin gas prices.

(Excerpt) Read more at nytimes.com ...


TOPICS: Editorial; News/Current Events; Russia
KEYWORDS: biden; bidenrecession; fakenews; kruggie; krugpaulman; newyorkslimes; nightmareatthenyt; paulkruger; paulkrugman; putinputinputin; recession; soyjack; soypaul
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1 posted on 03/15/2022 3:12:19 PM PDT by conservative98
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To: conservative98

Paul Krugman, idiot propagandisthttps://t.co/ySvvvGJM4H— Mark R. Levin (@marklevinshow) September 6, 2020


2 posted on 03/15/2022 3:12:31 PM PDT by conservative98
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To: conservative98

the rising world price of crude oil, which hasn’t been significantly affected by anything Biden has done.

There is a loon born every minute...


3 posted on 03/15/2022 3:13:49 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: conservative98

The age of pedantic a-holes is a tiring one.


4 posted on 03/15/2022 3:15:11 PM PDT by Vermont Lt
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To: conservative98

Bring back President Trump’s policies?


5 posted on 03/15/2022 3:16:50 PM PDT by EvilCapitalist (Merry Christmas Illhan!)
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To: conservative98

Stopped reading at PAUL KRUGMAN


6 posted on 03/15/2022 3:22:12 PM PDT by DAC21
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To: tet68
There is a loonliar born every minute...
7 posted on 03/15/2022 3:22:26 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: conservative98

Even if you assume it was the Ukraine war that triggered the increase in oil prices, there is still the inconvenient fact that Biden’s botched pull out from Afghanistan was what baited Putin into invading Ukraine.


8 posted on 03/15/2022 3:22:38 PM PDT by Brilliant
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To: conservative98

Just flat-out lying by the NY Times. Some of the increase was due to Ukraine, but most happened prior, probably due to a combination of Biden’s policies and the world coming back on-line.

Also, what we can do alone to keep prices from getting too high is limited, since oil is traded on a global basis, so even if we crank up somewhat, the benefit of price decrease will be spread around the world, and not concentrated in the US. But what will be concentrated are the JOBS and balance of payments, we benefit directly from that.


9 posted on 03/15/2022 3:22:43 PM PDT by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone.)
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To: Vermont Lt

Gaslighting is the primary weapon Paul Krugman has in his arsenal right now. Not that it is potent, but because he cannot muster even a few grains of credibility. Every bit of this can be laid at the doorstep of Joe Biden and his clueless manner of “managing” crises as they arise, which is pretty much like throwing gasoline on the fire.


10 posted on 03/15/2022 3:26:15 PM PDT by alloysteel (There are folks running the government who shouldn't be allowed to play with matches - Will Rogers)
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To: conservative98

Krugman knows all about being dishonest.


11 posted on 03/15/2022 3:30:40 PM PDT by sauropod (Whom the gods would destroy they first make mad.)
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To: conservative98

wow.. did he at least pass 9th grade Economics?


12 posted on 03/15/2022 3:34:10 PM PDT by freespirit2012
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To: conservative98

New York Times ?

Paul Krugman ?

You’d have to be a mental patient to buy this stupidity.


13 posted on 03/15/2022 3:39:15 PM PDT by BrexitBen
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To: conservative98

Find someone wealthy, and steak their wealth, is that his advice Obviously I didn’t read what Krudman wrote, as I’m sure it’s useless as usual. 😋


14 posted on 03/15/2022 3:39:18 PM PDT by Robert DeLong
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To: conservative98

Pretty simple. Have a Biden recession instead. That’s how you do it.


15 posted on 03/15/2022 4:05:36 PM PDT by D Rider ( )
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To: EvilCapitalist
Bring back President Trump’s policies?

President Trump did everything to reduce the price of crude oil and the world benefitted from the work that was done by President Trump.

President Trump followed the same thing as President Reagan in the 1980's.

Biden is a reincarnation of the Obama Administatrion.

Biden has done the same thing as Obama did to this country.

16 posted on 03/15/2022 4:06:50 PM PDT by TheConservativeTejano (The Business of America is Business)
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To: BobL

And primarily Biden pulled a bg chunk of American oil prodduction OFF-line.


17 posted on 03/15/2022 4:17:02 PM PDT by arthurus (0 covfefe C)
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To: conservative98

18 posted on 03/15/2022 4:26:24 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: alloysteel

They're calling this old guy "soyJack" on Twitter.

Hilarious video clip.

But we can call him "soyPaul"....

19 posted on 03/15/2022 4:28:38 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: tet68

20 posted on 03/15/2022 4:29:46 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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