Longtime New York Times columnist and wackjob “economist” Paul Krugman on Sunday said the US is not in a recession despite two back-to-back quarters of negative GDP growth.
Krugman said the term recession doesn’t even matter!
Tell that to Wall Street investors reacting to the second GDP drop this year.
Tell that to suffering business owners and average American in flyover country living paycheck to paycheck.
“Can we dispense with the recession debate? Are we in a recession, and does the term matter?” CNN’s talking spud Brian Stelter queried.
“No, we aren’t and no, it doesn’t,” Krugman said with his signature smug face.
VIDEO:
CNN’s @brianstelter: “Can we dispense with the recession debate? Are we in a recession, and does the term matter?
Former Enron adviser @PaulKrugman: “No, we aren’t and no, it doesn’t.” pic.twitter.com/jgioebaJZO
— Tom Elliott (@tomselliott) July 31, 2022
Paul Krugman is wrong about nearly every prediction.
Who could forget Paul Krugman’s worst prediction of the year after Trump won the 2016 election.
Paul Krugman proclaimed that markets would “never recover” after Trump’s election victory.
Greatest story of the year: booming @realDonaldTrump economy.
Worst prediction for the year: pic.twitter.com/b6PGzp48zM— Kayleigh McEnany 45 Archived (@PressSec45) December 29, 2017
To read an in depth report on Trump’s historic 1st year click here.
Who takes Paul Krugman seriously anymore?
He’s the same guy who falsely tweeted there was a cholera outbreak in Puerto Rico because of President Trump. (the viral tweet is STILL UP):
Cholera. In a US territory. Among US citizens. In the 21st century. Heckuva job, Trumpie.
— Paul Krugman (@paulkrugman) September 30, 2017
He then tweeted a correction that hardly anyone saw:
OK, cholera not confirmed. Conjunctivitis yes; lack of clean water (situation worsening, not improving) makes it a risk. But not certain
— Paul Krugman (@paulkrugman) September 30, 2017
And remember when Krugman tweeted a ‘phishy’ story about hackers using his IP for child porn.
“Well, I’m on the phone with my computer security service, and as I understand it someone compromised my IP address and is using it to download child pornography. I might just be a random target. But this could be an attempt to Qanon me. It’s an ugly world out there.“
This is the guy we’re supposed to listen to?
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