‘Inequality Ahoy!’ Did Paul Krugman Forget He’s Richer than Clarence Thomas?

NewsBusters ^ | 4/14/2023 | Joseph Vazquez

[JV3MRC]

Insufferable New York Times economics columnist Paul Krugman apparently didn’t think his strategy through before he tried to caricature Supreme Court Justice Clarence Thomas as some kind of rich elitist.

Krugman’s latest drivel celebrated the George Soros-funded ProPublica’s so-called “remarkable” attack piece against Thomas for his allegedly luxurious relationship with billionaire Harlan Crow. The ProPublica piece tried to artificially generate a phony scandal over things related to Thomas’ “lavish” trips on Crow’s yacht and private jet. Krugman used the report to pontificate about inequality: “It turns out that over the years Thomas, who has portrayed himself as a man of modest tastes who likes to hang out in Walmart parking lots, has taken many lavish — and previously undisclosed — vacations at Crow’s expense,” Krugman sneered. “[This] got me thinking about big yachts and what they tell us about the state of society.” “Inequality Ahoy,” Krugman bellowed in his headline.

Krugman must have forgotten that he is a millionaire. In fact, he’s worth $5 million, according to Celebrity Net Worth (CNW), which is $4 million more than Thomas who has an estimated net worth of $1 million. In addition, CNW estimated that between The Times, speaking engagement, media commentator and teaching salaries, Krugman “routinely earns $300,000 – $500,000 per year.” Thomas, by contrast, only earns an annual salary of $220,000 as a justice on the U.S. Supreme Court. The average U.S. annual salary, according to Indeed.com, is only $55,640. Hey Krugman, “Inequality Ahoy!”

[chajin]

Krugman may be richer, but he isn’t as uppity, which is what matters.

[Brilliant]

Krugman says we will never have to default on the national debt because we can always print more money.

[JSM_Liberty]

“Thomas who has an estimated net worth of $1 million. ... annual salary of $220,000”

I have never earned close to $220K, I have been working for much less time than Thomas, and my net worth is well over $1 million.

[glorgau]

As a default pretty much nobody thinks of themselves as rich.

[gloryblaze]

I can’t figure out what’s cooking with the latest hit on Justice Thomas. Crow bought Thomas’s mother’s house, where she still lives. If he bought it from Thomas’s mother, then that’s her business, not his, even if Justice Thomas helped his mom pay for it when it was she bought it. He may be an eventual heir to the proceeds, but I doubt he stuck them in his pocket already and tried to hush it up.

[pas]

“routinely earns $300,000 – $500,000 per year.” and he is only worth 5 million? Why would anyone listen to his economic advice on this alone.

[sauropod]

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