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Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy
Business Insider ^
| October 13, 2023
| Theron Mohamed
Posted on 10/14/2023 6:44:43 AM PDT by ConservativeInPA
Paul Krugman was widely trolled on Thursday for saying that if you just ignore food, energy, housing, and used cars — unavoidable costs for many Americans — then the period of surging prices has passed.
"The war on inflation is over," he posted on X, attaching a chart showing the Consumer Price Index (CPI) dropped from 7% last summer to below 2% in September if you exclude those four items. "We won, at very little cost."
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bidenomics; brainlessjoebiden; demagogicparty; demagogue; inflation; krugman; lies; nyt; paulkrugman; theronmohamed
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To: ConservativeInPA
Krugman is such a joke. Talk about using cherry picked statistics to lie. Inflation raised prices year over year since the day Biden took office. Prices are high and are getting higher.
To: ConservativeInPA
In the commie mind those four are considered incidental payments.
To: ConservativeInPA
"The war on inflation is over," he posted on X, attaching a chart showing the Consumer Price Index (CPI) dropped from 7% last summer to below 2% in September if you exclude those four items. "We won, at very little cost." Yeah! We Won!
We can’t afford to live but at least the prices of coffins has stabilized.
4
posted on
10/14/2023 6:52:23 AM PDT
by
Pontiac
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
To: ConservativeInPA
Well, the US government has been doing the exact same thing for 40 years. So why would Krugman think anyone would object to it??
5
posted on
10/14/2023 6:53:29 AM PDT
by
Boogieman
To: ConservativeInPA
Who in their right mind would even give this moron the time of day?
6
posted on
10/14/2023 6:55:33 AM PDT
by
DennisR
(Look around - God gives countless clues that He does, indeed, exist.)
To: ConservativeInPA
Why does anyone take this guy seriously anymore. He guaranteed that Trump would destroy the economy in 2017 and was flat out wrong. I cannot recall any economic prediction he has made that was accurate.
7
posted on
10/14/2023 6:55:38 AM PDT
by
XRdsRev
(Justice for Bernell Trammell, Trump supporter, murdered in 2020)
To: ConservativeInPA
Nobel Prize? What a brain.
To: ConservativeInPA
Krugman is a punk and a half.
9
posted on
10/14/2023 6:57:24 AM PDT
by
HighSierra5
(The only way you know a commie is lying is when they open their pieholes.)
To: ConservativeInPA
If you ignore the sunrise it’ll be nighttime.
To: ConservativeInPA
And gravity doesn’t exist if you just exclude the fact that people and items are grounded by it.
11
posted on
10/14/2023 7:01:24 AM PDT
by
Bob434
To: sasquatch
But he is right ....
when you’ve run out of money ... you don’t have to worry about inflation anymore.
12
posted on
10/14/2023 7:02:55 AM PDT
by
1of10
(be vigilant , be strong, be safe, be 1 of 10 .)
To: All
While most extraordinary world views were shaped by a belief in American exceptionalism,
the disturbed Biden “woke world” view hates success, and they virulently hate America.
They sound like millions of Me-First Obamas......antisocial, borderline, histrionic,
narcissistic, race-obsessed, to name a few of their dark psychoses.
13
posted on
10/14/2023 7:03:33 AM PDT
by
Liz
(“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
To: ConservativeInPA
Even penny candy costs a nickel.
14
posted on
10/14/2023 7:05:33 AM PDT
by
drSteve78
(Je suis Deplorable. Even more so)
To: ConservativeInPA
Just think how much money we can save if we never paid our bills!
15
posted on
10/14/2023 7:06:26 AM PDT
by
Jolla
To: 1of10
when you’ve run out of money ...
Homeless people have no mortgage, so there’s that
16
posted on
10/14/2023 7:07:01 AM PDT
by
drSteve78
(Je suis Deplorable. Even more so)
To: DeplorablePaul
Figures don’t lie but liars can figure.
17
posted on
10/14/2023 7:10:56 AM PDT
by
Walrus
(I do not consent)
To: ConservativeInPA
Other than that Mrs Lincoln, did you enjoy the play?
18
posted on
10/14/2023 7:23:15 AM PDT
by
Strident
("Hi, my name is Joe and I am powerless over making $#!7 up")
To: DennisR
Who in their right mind would even give this moron the time of day?Um, it’s morons. Everyone who subscribes to the New York Times and all of the Biden Administration.
19
posted on
10/14/2023 7:24:17 AM PDT
by
ConservativeInPA
(Muslims in America must immediately return to their nations of origin to fight Islamic extremism.)
To: ConservativeInPA
“The war on inflation is over”
Yes the depression is gaining speed.
Keep your back to the wall the Biden admin is still on the job
20
posted on
10/14/2023 7:24:58 AM PDT
by
Vaduz
(....)
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