Free Republic

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...

Byron York of the Washington Examiner caught New York Times columnist Paul Krugman in an easily disprovable lie on Tuesday: claiming that Democrats never called President Donald Trump illegitimate, when he himself did so in 2017. Krugman, a Nobel Prize-winning economist-turned-partisan pundit, wrote Monday:

New York Times columnist Paul Krugman is the latest journalist to mockingly downplay the violence that has plagued some American cities. Krugman on Wednesday shared observations he made during his run in New York City. “I went for a belated NYC run this morning, and am sorry to report that I saw very few black-clad anarchists. Also, the city is not yet in flames,” the economist wrote on Twitter. “The political question of the day is whether Trump can win politically by hammering on a nonexistent crisis of order in America’s cities. You would think not, but I’m not 100%...

If you think New York Times economist Paul Krugman’s op-eds are bad, his Twitter account is even worse. It’s a collection of babble, not the commentary of a Nobel laureate. Krugman is no stranger to saying indefensible or ridiculous things, least of all in the year 2020. He’s already written so many that a Top 10 list can’t wait for the year to end. In February, Krugman wrote an op-ed actually headlined "Bernie Sanders Isn't a Socialist,” even though he undercut himself in his own piece by questioning: “So why does Sanders call himself a socialist?” More recently, Krugman wrote...

Liberal New York Times economist Paul Krugman needed to dip into the graveyard of famous newspaper headlines to spit childish hyperbole at Senate Majority Leader Mitch McConnell (R-KY). Ironic that the guy who wrote the Keynesian book “Arguing with Zombies: Economic, Politics, and the Fight for a Better Future,” would attempt to revive a zombie headline from roughly 45 years ago to continue proving his lefty bias. Krugman went #PeakWoke at McConnell’s suggestion that states should file for bankruptcy. Krugman’s piece headlined, “McConnell to Every State: Drop Dead,” is a play on an old 1970s New York Daily News headline...

Poor Paul Krugman. He’s been reduced to using zombie metaphors to illustrate his disdain for certain “centrist” Democratic presidential candidates. Krugman wrote Feb. 17 that “sometimes zombie ideas also manage to eat centrists’ brains,” in an op-ed headlined “Have Zombies Eaten Bloomberg’s and Buttigieg’s Brains?” This appears to be an obvious play on his recently released book “Arguing with Zombies: Economics, Politics, and the Fight for a Better Future.” To be clear, Krugman assured his readers that the “most important zombie ideas are on the right, kept undead by big money from billionaires who have a financial interest in getting...

... Bernie Sanders isn’t actually a socialist in any normal sense of the term. He doesn’t want to nationalize our major industries and replace markets with central planning; he has expressed admiration, not for Venezuela, but for Denmark. He’s basically what Europeans would call a social democrat — and social democracies like Denmark are, in fact, quite nice places to live, with societies that are, if anything, freer than our own. So why does Sanders call himself a socialist? I’d say that it’s mainly about personal branding, with a dash of glee at shocking the bourgeoisie. And this self-indulgence did...

Paul Krugman slammed President Trump for threatening 25% tariffs on European vehicles and auto parts as they posed potential risks to national security. The Nobel Prize-winning economist and New York Times columnist also criticized Trump's refusal to turn over to Congress a report about an investigation into the national-security risks. "Pretty sure that's just plain illegal," Krugman tweeted. "Congress ... didn't make him a dictator free to set tariffs wherever he likes without even offering an explanation."