Free Republic

Nobel Prize winning Economist Paul Krugman (MIT, Princeton) opines on the future demographics of America: "The real craziness in America comes from, if you like, rural white Americans who feel their power is going away, that they are losing their ownership of their country, and they're right; we're becoming more diverse, more multicultural. Rural whites are not the future. In the end the power they still have will go away. But it's still very difficult until that happens. The future is Mayor Bill DeBlasio of New York, but there is still Ted Cruz out there, and he still has tremendous...

New York Times opinion writer and economist Paul Krugman predicted early Wednesday morning that the stock market will “never” recover from Donald Trump’s presidential victory, only to be proven spectacularly wrong in less than a day. Instead of collapsing, the Dow Jones Industrial Average surged to an all-time high shortly before the closing bell. Futures markets imploded Tuesday night as soon as it became apparent Trump was likely to win. At their nadir, futures for the Dow Jones Industrial Average had dropped 750 points. At that point, Krugman chose to release a blog post in which he predicted these jitters...

Kavanaugh Will Kill the Constitution The legitimacy of the Supreme Court is on the line. By Paul Krugman Opinion Columnist Sept. 6, 2018 At a fundamental level, the attempt to jam Brett Kavanaugh onto the Supreme Court closely resembles the way Republicans passed a tax cut last year. Once again we see a rushed, nakedly partisan process, with G.O.P. leaders withholding much of the information that’s supposed to go into congressional deliberations. Once again the outcome is all too likely to rest on pure tribalism: Unless some Republicans develop a very late case of conscience, they will vote along party...

“What’s in a name?” asked Shakespeare. But hey, I’m an economist, so let me ask a somewhat different question: What’s in a number? Quite a lot, suggest Senators Chuck Schumer and Martin Heinrich. This week they introduced a bill that would direct the Bureau of Economic Analysis, which produces estimates of gross domestic product, to produce estimates telling us who benefits from growth — for example, how much is going to the middle class. This is a really good idea. Now, I’m not one of those people who think G.D.P. is a terribly flawed or useless statistic. It’s a number...

RUSH: How many of you have gone out and tried to buy health insurance lately? Have you been surprised by any of it? Well, I’m asking you out there because there is stunning news — beta 9 just dropped if you want to go — you’ve got it, okay. There’s a story here Investor’s Business Daily. Well, Investors. It used to be Investor’s Business Daily, but they have modernized.“Media Ignore Record Low Increase In Obamacare Premiums.” Anybody want to guess why? I wonder if any of you who have tried to buy health insurance lately have been shocked at how...

Friday’s outing of longtime CIA and MI6 asset Stefan Halper as an FBI asset sent to infiltrate the Trump campaign has social media abuzz today. Reactions have ranged from celebration to outrage, with little inbetween. To recap, after two weeks of hunting for a “mole” in the Trump campaign, the New York Times and Washington Post both printed incredibly detailed descriptions of Halper – withholding all but his name, solidly corroborating a March report by the Daily Caller‘s Chuck Ross about Halper’s meetings with the Trump aides. Neither publication give Ross credit, of course. Somehow several anti-Trump intellectuals got their...

Stop me if you’ve heard this before. A G.O.P. presidential candidate loses the popular vote, but somehow ends up in the White House anyway. Despite his dubious legitimacy, his allies in Congress take advantage of his election to ram through a huge tax cut that blows up the budget deficit while disproportionately benefiting the wealthy. While the big bucks go to the big incomes, however, the tax bill does throw some crumbs at the middle class, and Republicans try to sell the bill as a boon to working families. So far this account applies equally to George W. Bush and...

In Krugman’s NYT article, he arrogantly states: It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear. Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never. Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all...

Many of us came into 2017 expecting the worst. And the worst is what we got. Donald Trump has been every bit as horrible as one might have expected; he continues to prove himself utterly unfit for office, morally and intellectually. And the Republican Party turns out to be composed entirely of cynical apparatchiks, willing to sell out every principle — and every shred of their own dignity — as long as their donors get big tax cuts. Yet I’m ending this year with a feeling of hope, because tens of millions of Americans have risen to the occasion. The...

After making completely false claims about the GOP tax reform bill on ABC’s Good Morning America earlier on Sunday, Clinton lackey George Stephanopoulos spent most of This Week leading the discussion tearing it down. After spending a couple minutes smearing the bill in his opening monologue, Stephanopoulos interviewed Texas Republican Senator John Cornyn where one of his first questions involved allegations GOP leaders bought off Tennessee Senator Bob Corker with a real estate provision: There's a lot more scrutiny of the bill, which was just released on Friday in these final hours. Including an article in the International Business Times,...

New York Times Keynesian economics columnist Paul Krugman as has been having a hard time ever since Donald J. Trump was elected President in November 2016. However, the "conscience of liberalism" told Twitter today that he is "terrified" and suffering from a “state of existential dread.” Primarily because, as Krugman puts forth in a bizarre theory, Trump "enjoys seeing others hurt." Krugman believes the 45th President may soon be impeached or removed from office by the 25th amendment. Because of that, the President has nothing left to lose. "He can't save his presidency. He can, however, still hurt a lot...

RUSH: Paul Krugman writes that I’m “a terrible person” in the New York Times because of the lies that they’re reporting I said about the hurricane not being a threat. This is the New York Times and the Washington Post are both lying. I mean, there’s no other way to describe it. There’s no other word. They’re not misspeaking; it’s not that they have it wrong. There’s no way they could not know they are publishing lies and they are continuing to do so. In fact, Krugman said, “Well, it just means that Limbaugh is a terrible person. But that’s...

Let’s just step back and admire this situation for a moment. One or more editorial writers at the NY Times, the folks who speak with the paper’s voice of authority on every subject you can imagine, will plead with a judge to believe they did not know the basic facts of a story they were writing about, including facts reported in their own paper! The Times’ defense is: We so dumb. I find this indescribably delicious, especially given that it was Paul Krugman who used his perch at the NY Times to lead this false charge against Palin back in...

When the tweeter-in-chief castigated Senate Republicans as “total quitters” for failing to repeal the Affordable Care Act, he couldn’t have been more wrong. In fact, they showed zombie-like relentlessness in their determination to take health care away from millions of Americans. So where did this zombie horde come from? Who ate Republicans’ brains? When they finally got their chance at repeal, the contrast between what they had promised and their actual proposals produced widespread and justified public revulsion. Given this history, the Republican health care disaster was entirely predictable. You can’t expect good or even coherent policy proposals from a...

They're held to the highest esteem of the media and the Democrat left. Their words are must-reads in the classrooms and coffee shops. The problem is their hatred of Donald Trump didn't cost their reputations because as long as they continue to disparage the president, they'll still be called back to give their opinions on cable news and retain their standing in academia. The problem is many Americans listened to them and lost their shirts.

The denarius, ancient Rome’s silver coin, was supposedly the daily wage of a manual worker. If so, the tax cuts that the richest 1 percent of Americans will receive if the Affordable Care Act is repealed — tax cuts that are, obviously, the real reason for repeal — would amount to the equivalent of around 500 pieces of silver each year. What inspired this calculation? The spectacle of Mitch McConnell, the Senate majority leader, and Paul Ryan, the speaker of the House, defending Donald Trump’s firing of James Comey. Everyone understands that Mr. Comey was fired not because of his...

You know with all the rising temperatures caused by Rep. John Lewis’ (D-GA) remarks about President-elect Donald Trump not being a legitimate president, we forgot about liberal economist and Nobel laureate Paul Krugman who first said that Trump’s win was illegitimate. Now, Krugman says that calling Trump an illegitimate president is a form of patriotism (via NYT [emphasis mine]: Now Mr. Lewis says that he won’t attend the inauguration of Donald Trump, whom he regards as an illegitimate president. As you might expect, this statement provoked a hysterical, slanderous reaction from the president-elect – who, of course, got his start in...

Bob BryanJanuary 6, 2017 Paul Krugman is at a loss about the future of the Trump presidency, but he's not hopeful. The Nobel-winning economist and New York Times columnist is concerned about possible connections between the president-elect and Russia. "We are, I'd argue, in much deeper and more treacherous waters than even the pessimists are saying," Krugman tweeted Friday. The election of Trump is tainted, Krugman said, because of the FBI's announcement weeks before Election Day regarding its reopened investigation into Hillary Clinton's email server, and because of the Russian hacking of the Democratic National Committee and Clinton campaign chair...

Donald Trump got within striking distance of the White House — or, more precisely, Comey-and-Putin range — thanks to overwhelming support from white working-class voters. These voters trusted his promise to bring back good manufacturing jobs while disbelieving his much more credible promise to take away their health care. They have a rude shock coming.

Liberal New York Times columnist Paul Krugman suggested Friday that President-elect Donald Trump could have an incentive to allow or launch a 9/11-style attack on the United States once in office. Krugman wrote that President George W. Bush came into office with questions surrounding his legitimacy that were “dispelled” by the Sept. 11 terrorist attacks. Krugman surmised that gave Trump “interesting incentives.”