Free Republic

Former New York Times columnist and pseudo-economics savant Paul Krugman clearly isn’t taking retirement too well, as he’s taken to going on rants against his former employer and President Donald Trump, who lives rent-free in his brain. In a January 24 interview with the Columbia Journalism Review, Krugman expressed his “rage” at his editors, which apparently began to balk at the extremism that plagued his columns (shocker). “I’ve always been very, very lightly edited on the column,” Krugman whined. “And that stopped being the case [in 2024]. The editing became extremely intrusive. It was very much toning down of my...

Paul Krugman is retiring as a columnist for the New York Times, according to a Friday statement from Opinion Editor Kathleen Kingsbury, who called his 25-year tenure “a ride at The Times worthy of the best bull market.” Her full statement is below: I want to take you back to Jan. 2, 2000, a day when Y2K was in the rearview mirror and the dot-com bubble burst was just around the corner, when the Dow stood at a mighty 11,500 and a New York Times Opinion columnist debuted on the scene with the first of many prescient arguments and ideas...

Paul Krugman, Nobel Prize-winning economist and New York Times columnist, has claimed without evidence that official economic statistics under the incoming Trump administration will be manipulated. In a recent interview with the New Republic, Krugman said that under the incoming Trump administration, government economic data would be distorted to flatter the president’s policies. “My guess is by sometime next year, we’re going to be having to look at proxies for what’s actually happening to the economy,” Krugman said, warning that official statistics on issues like the economy and crime could become “corrupted.”

Xi Jinping has put the fate of his country and regime in the hands of others, especially the next leader of the country he considers an enemy, the United States. Yes, China’s ruler, who many consider the world’s most powerful figure, is, in reality, helpless.How did that happen?in short, Xi did it to himself. ...he has consistently rejected common sense advice to boost consumer spending to make it the basis of the Chinese economy, and almost all his recently announced stimulus measures will directly or indirectly erode consumption.This means Xi has only one option left: export his way out of...

It’s hard to overstate just how good recent economic numbers have been. On Friday, we learned that job growth is still solid while unemployment remains historically low. I think it’s safe to say that Donald Trump’s 2020 prediction that a Joe Biden presidency would mean a “depression” — a claim he’s now repeating by predicting a “great depression” if Kamala Harris wins — didn’t come true. A week earlier we learned that inflation has continued to decline and is now more or less at the Federal Reserve’s target of 2 percent. This success has defied the view, held by many...

On Tuesday, I was part of a City University of New York event about economic perceptions, which was briefly disrupted by a protester yelling out that President Biden isn’t helping some of the areas afflicted by Hurricane Helene. The guy’s politics were unclear — he was also yelling something about Israel — but it was an indication that Donald Trump’s latest lie has gone viral.In case you missed it, Trump has been trying to exploit the natural disaster for political gain, claiming he heard that the federal government — Biden — and North Carolina’s Democratic governor are “going out of...

Jared Bernstein is perhaps the most influential "economist" in the United States. I put economist in quotes, despite his being an academic who has taught the subject and has advised Congress and the highest elected officials in America. I do so because he is a moron. He is such a moron that Paul Krugman himself admires him for his economic insights. He is that bad. ... This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers,...

Cash on the barrelhead. To pay for outrageous inflation and food prices under Joe “Nero” Biden. President Biden: “Inflation is the lowest it has been in nearly three years. And wages, wealth, and jobs are higher than they were before the pandemic.” Paul Krugman, Nobel Laureate in economics and propaganda expert (ala, Leni Riefenstahl) pointed to this chart to illustrate that inflation is declining or at least hasn’t doubled under Biden, (although it looks like food prices are up 21% under Biden). Most elites won’t notice since someone does the shopping for them. Can you imagine Joe and Jill Biden...

“Tom, I’ll start with you,” began Mika Brzezinski. “Why are rural white voters a threat to democracy at this point?” Fastball delivered, University of Maryland professor and co-author of just-released White Rural Rage: The Threat To American Democracy Tom Schaller took a swing. He and Mika first complained rural voters should be supporting Joe Biden, given his roots — you’d have to be pretty high to call Scranton “rural,” but whatever — then Schaller read off small town America’s charge sheet: rural whites, he said, are the most “racist,” “xenophobic,” “anti-immigrant and anti-gay,” “conspiracist,” “anti-democratic,” they “don’t believe in an...

A wave of inflationary signals means that the Federal Reserve's next move could be a rate hike, former Treasury Secretary Larry Summers said. "There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, not downwards," Summers said during an interview on Bloomberg TV on Friday, adding that the Fed has to be "very careful." His read on recent key inflation indicators in January, including a 3.1% year-over-year increase in the consumer price index and a 0.9% rise in the producer price index, formed the basis of his rationale. He added that the...

Do you feel better now? In addition to being an insufferable leftist, Paul Krugman is a world-renowned economist. He even has a Nobel Prize to prove it. I’m just a retired engineer who refuses to keep my opinions to myself. I shouldn’t be able to ridicule him on economic matters, but he just makes it so danged easy. It’s seems clear that our Nobel laureate is either economically illiterate or just plain dishonest. I doubt he’s economically illiterate, but I’ll let you decide. Krugman recently ran an article entitled “The Progressive Case for Bidenomics.” Apparently, he didn’t get the memo....

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."

Paul Krugman, Nobel Laureate in economics and media celebrity, made a terrible claim yesterday when he pronounced that “The war on inflation is over. We won, at very little cost.” Krugman’s proclamation was trumpeted by The View’s Joy Behar Joy who claimed that everything is going great in the country! The economy is “booming” and people are having an “easier time” putting bread on the table. Huh? Easier than a month ago maybe, but not easier since 2021 under Bidenomics. I pointed out yesterday that “real” wages contracted 0.1% YoY (after 3 months positive) in September. It is important to...

ERIE, Pennsylvania—Two weeks ago, Nobel Prize-winning economist Paul Krugman told CNN anchor Christiane Amanpour there is a peculiar disconnect between how the economy is doing and how the public is feeling about it. Ms. Amanpour pressed him on why people weren’t understanding that they are living in a “sunny economy.” He had asserted that “the economy’s rebound has been surreally good,” yet people keep saying it is terrible. [snip] U.S. inflation rates have been historically high during President Biden’s term, prompting central bankers to raise interest rates in a bid to tame prices. President Biden’s pitch saying “Bidenomics is about...

The Federal government in Washington DC is broken beyond repair. Politicians get elected by promising free or cheap things, so they keep delivering the bacon. Or pork to political donors. The top 1% get massive payoffs (like green energy subsidies or bank bailouts), the bottom 99% get out of control entitlements like Social Security, Medicare and Medicaid. And other unsustainable entitlements. In fact, student loans are now an entitlement since some voters will vote for the corrupt politician (no, Joe Biden isn’t the only corrupt politician in Washington DC) who will forgive their student loans. In fact, we now have...

Economist Paul Krugman argued on Sunday the United States is not in a recession and it doesn’t matter anyway. “None of the criteria that real experts use says we’re in a recession right now, and what does it matter?” he dismissively told CNN’s Brian Stelter. “The state of the economy is what it is. Jobs are abundant, although maybe the job market is weakening. Inflation is high, although maybe inflation is coming down. What does it matter whether you use the “r” word or not?” The Left has been fiercely pushing back on the definition of a recession, commonly accepted...

New York Times economics columnist Paul Krugman made another damning admission this past week about his sordid record analyzing economics as inflation continues to bite chunks out of Americans’ wallets. Krugman conceded in a June 23 op-ed that “[i]n 2021, U.S. policymakers, like many economists, myself included, badly underestimated inflation risks.” But Krugman attempted to shield his loss by wokescolding analysts who predicted economic calamity arising from President Joe Biden’s leftist stimulus policies. “Sado-monetarism is having a moment,” Krugman wrote. “[S]uch people have just had a good year: the inflation they’ve always warned about finally materialized.” Krugman defined his arbitrary...

...So this isn’t a grass-roots trucker uprising. It’s more like a slow-motion Jan. 6, a disruption caused by a relatively small number of activists, many of them right-wing extremists. At their peak, the demonstrations in Ottawa reportedly involved only around 8,000 people, while numbers at other locations have been much smaller.

...Krugman offered his sage observations about the inauguration on Twitter on Wednesday. He sent tweets about Janet Yellen, who is Biden’s choice for treasury secretary....After praising the new American king taking his throne as a return to Democrat normalcy, where peace, justice, diversity, and Janet Yellen would reign, the worldly Nobel Laureate, detected a sour note to the proceedings....And like that all-American man he is, Krugman wondered why on earth the band struck up “God Save the King” at the inaugural....

So, is it finally OK to use the F-word? One shouldn’t use the term “fascist” lightly. It isn’t a catchall for “people you disagree with.” It isn’t even a synonym for “bad political actors.” Mitch McConnell’s brand of politics has, in my view, greatly damaged America; but cynical legislative maneuvers aren’t the same thing as threatening and encouraging violence, and I wouldn’t call McConnell a fascist. Donald Trump, however, is indeed a fascist — an authoritarian willing to use violence to achieve his racial nationalist goals. So are many of his supporters. If you had any doubts about that, Wednesday’s...