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New York Times economics columnist Paul Krugman apparently tried to strong-arm struggling American workers into believing that they have been ignorant of an ongoing “Biden Boom." Krugman’s latest op-ed of pro-Biden drivel didn’t make much of an argument. “[W]hile the Biden boom was and is real, has it been good for U.S. workers? Ask many American workers, and they’d probably answer in the negative,” Krugman wrote. “After all, hasn’t inflation eaten up all their wage gains and then some?” But Krugman then took a nutty shift into pure condescension: “Bidenomics has been good for American workers, whether they know it...

New York Times economics columnist Paul Krugman just stepped on another rake by likening President Joe Biden’s insane $740 billion Inflation Reduction Act to Christmas. Biden signed his eco-utopia bill into law yesterday, which allocates $369 billion in taxpayer dollars to new climate spending. Right on cue, Krugman released a new op-ed slobbering how he “wrote back in that 2019 thread, ‘If we’re going to pass anything that helps avert [climate] catastrophe, it will have to be a Christmas tree.’” Krugman’s arbitrary usage of “Christmas tree” was in reference to a “bill that offers a lot of specific payoffs to...

Disgruntled New York Times economist Paul Krugman is clearly willing to sink his career further into the reputational abyss by mudding semantics to save President Joe Biden’s hoax that we had zero inflation in July. The failed “Team Transitory” apologist Krugman published a new op-ed spinning that “President Biden declared, accurately, that we had zero inflation in July.” He whined that “many on the right accused [Biden] of lying, because prices in July 2022 were 8.5 percent higher than they were in July 2021. Do they not understand the difference?” To be “fair, sloppy business reporting may have contributed to...

New York Times economic columnist Paul Krugman is now pretending to be a climate expert since his economic record on inflation is just awful. Now, he’s celebrating Democrat senators for allegedly trying to “save” civilization from a supposed eco-disaster with their $740 billion Inflation Reduction Act, projected to worsen inflation. The Democrat-controlled House of Representatives is currently considering the legislation. Krugman was tickled pink in his latest drivel headlined: “Did Democrats Just Save Civilization?” In the lead of the story, he fawned: “They really did it.” He continued: “This is a very big deal. The act isn’t, by itself, enough...

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...

Some liberal media outlets are beginning to fall in line with the Biden administration's spin on redefining what a recession is ahead of the release of potentially devastating economic stats. New York Times columnist Paul Krugman told readers "there’s a pretty good chance" that GDP shrank in the second quarter, which will trigger "breathless commentary" about there being a recession. But he insisted "we won’t be." His assurances about a recession not taking place came just days after he offered a mea culpa for wrongly predicting in 2021 that the country wouldn't face severe inflation. He also predicted in 2016...

The New York Times economics columnist Paul Krugman went from admitting he completely botched his “transitory” inflation calls to gaslighting readers over the possibility of a recession. Krugman took to Twitter to promote his new column that aligns with the White House’s latest strategy to cast confusion over the meaning of a recession just before the Bureau of Economic Analysis (BEA) is set to release dreaded second-quarter GDP numbers tomorrow. The economy contracted an unnerving 1.6 percent in the first quarter. “Ignore the two-quarter rule,” Krugman bleated. “We might have a recession, but we aren't in one now.”. That’s despite...

The New York Times Opinion actually published a shocking project where eight of their columnists admitted they were wrong about either economics, tech, foreign affairs or politics. At the top of the list was none other than “transitory” inflation gaslighter Paul Krugman. The Times’s economic columnist published an op-ed with a headline that didn’t beat around the bush – for a change – and acknowledged how bad his unrealistic takes on the inflation crisis were for the past year. “I Was Wrong About Inflation,” says the headline. The disgruntled economist actually conceded that Biden’s irresponsible $1.9 trillion stimulus package was...

Clinton stooge Robert Reich has just as much of a sordid record in his coverage on the inflation crisis as leftist economist Paul Krugman. The former Secretary of Labor tried to swat down any concerns that President Joe Biden’s gargantuan $1.9 trillion stimulus was rife with inflationary pressures that could send the economy off the rails. “Larry Summers is dead wrong that Biden's plan would be inflationary. The economy has huge unused capacity,” Reich squealed against former President Barack Obama’s former National Economic Council director in a Feb. 5, 2021 tweet. Summers sounded the alarm bells about a potential inflation...

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...

New York Times economics columnist Paul Krugman continued his downward spiral into parody by letting voters know he’s triggered over them blaming President Joe Biden for the inflation monster eating their wallets. Krugman’s latest drivel harrumphed that “[v]oters don’t care about economists’ estimates of underlying inflation.” Instead, mourned Krugman, “they care about the prices they pay, especially the prices of highly salient goods they buy on a regular basis.” Krugman pivoted off of a bad European inflation report to lecture Americans that the “lesson” was that “these are precisely the prices over which President Biden, or actually any president, has...

New York Times economist Paul Krugman seems to be a glutton for punishment to his already pathetic track record of atrocious economic predictions. Krugman is back trying to gaslight Americans over the 40-year high inflation crisis — again — in an op-ed headlined, “How High Inflation Will Come Down.” Krugman gave credence to the asinine view of the Federal Reserve that “high inflation will be a temporary phenomenon. Furthermore, the Fed believes that it can bring inflation down relatively painlessly.” Even Krugman needed to slightly hedge from that ridiculous position: “The landing probably won’t be as soft as the Fed...

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...

New York Times economist Paul Krugman spewed bile at the so-called “vandalism” by Canadian truckers protesting the country’s draconian COVID-19 policies. He did this while dismissing the 2020 Marxist Black Lives Matter riots across the U.S. that reportedly caused at least around $2 billion in damages. Krugman flailed that the Canadian truckers were engaged in “economic vandalism and intimidation,” and compared the movement to “a slow-motion Jan. 6, a disruption caused by a relatively small number of activists, many of them right-wing extremists.” His hyperbole-laced rant of an op-ed, headlined “When ‘Freedom’ Means the Right to Destroy,” buried the extent...

...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.

New York Times economist Paul Krugman must be a glutton for punishment. He’s gone from spending months downplaying the surging inflation threat, to admitting he was wrong on inflation, to now dismissing it altogether as a crisis. Krugman appeared on the Feb. 11 edition of Bloomberg TV’s Balance of Power to discuss how the Federal Reserve shouldn’t use “shock therapy” when it comes to finally raising interest rates from zero. After conceding that there was “underlying overheating” in the economy that demands the Fed consistently raise rates to fight off inflation, Krugman then spiraled into spewing utter nonsense: “It’s not...

The United States Mint has started distributing quarters featuring the image of Maya Angelou , making the poet and activist the first (b)lack woman to appear on US currency. “Each time we redesign our currency, we have the chance to say something about our country, what we value and how we’ve progressed as a society,” US Treasury Secretary Janet Yellen said. Angelou is depicted with outstretched arms on the quarter. Behind her are a bird in flight and a rising sun, images inspired by her poetry. […] The US mint is planning to issue 20 quarters over four years honoring...

Senate Minority Leader Mitch McConnell has firmly dug in on refusing GOP help to renew the US's ability to pay off its bills, known as the debt ceiling. Instead, the Kentucky Republican said it's up to Democrats to raise it in order to finance their social spending plans on healthcare, education, and childcare. He insists he's not "bluffing." But the conundrum could have a coin-sized solution. A loophole in the law that prescribes the types of coins that can legally be minted in the US theoretically allows the Treasury Department to mint a $1 trillion platinum coin, deposit it at...

A new fight over the debt ceiling is brewing on Capitol Hill. Senate Minority Leader Mitch McConnell has firmly dug in on refusing GOP help to renew the US's ability to pay off its bills, known as the debt ceiling. Instead, the Kentucky Republican said it's up to Democrats to raise it in order to finance their social spending plans on healthcare, education, and childcare. He insists he's not "bluffing." But the conundrum could have a coin-sized solution. A loophole in the law that prescribes the types of coins that can legally be minted in the US theoretically allows the...

New York Times economist Paul Krugman is once again making a fool of himself by letting everyone know he believes that 2021 was actually a great year for the economy. Really. His new op-ed, headlined, “Don’t Tell Anyone, but 2021 Was Pretty Amazing,” was about as ridiculous as it was amusing. Here’s his new talking point: “[T]here’s a good chance that once time has passed and we’ve had a chance to regain perspective, we’ll consider 2021 to have been a very good year, at least in some ways.” He continued: “In particular, although nobody seemed to notice, it was a...