'What Does It Matter?' Paul Krugman Shrugs Off Concerns About Whether US Is in a Recession

townhall.com ^ | August 1, 2022 | Leah Barkoukis

[Hot Tabasco]

Wasn't he the idiot who said after Trump was elected in 2016 and the stock market started to take off, that it was only temporary and will crash and likely never recover?

I wonder if he was secretly buying up the stocks that people were selling off after listening to his prediction?

[pepsi_junkie]

The Left has been fiercely pushing back on the definition of a recession, commonly accepted as two quarters of negative GDP growth, since the Bureau of Economic Analysis report last week showed the GDP contracting .9 percent in the second quarter of 2022.

Let's ask Bill Clinton what he thinks:

Youtube: Bill Clinton and what defines a recession.

Oooh. Awkward ....

[hardspunned]

Why would anyone here be remotely interested in what this idiot has to say about anything?

[Jim W N]

[vetvetdoug]

Lefty Democrat shilling for the falsehood the current administration is pushing.

[pepsi_junkie]

Let's ask Bill Clinton:

Youtube: Bill Clinton and what defines a recession.

[epluribus_2]

think if it were Trump.

or any GOP administration. Staggering hypocracy.

[skeeter]

What a mind. No wonder he won the Pulitzer Prize in economics.

[Billthedrill]

It certainly seems to matter to Krugman's employers at the NYT or they wouldn't be squealing about it like stuck pigs. "Biden recession" is a concise and potent expression, the definition of which is a matter the NYT nomenklatura feel should be exclusively under their control. Too bad.

[M Kehoe]

Hi.

When third quarter GDP goes south, how will the corrupt corporate media and the Biteme administration spin the disaster?

My guess? It’s the American peoples fault.

5.56mm

[silverleaf]

Recession is when your neighbor loses his job
Depression is when you lose your job
Recovery is when Joe Biden loses his job

( Jack Posobiec via twatter)

[GenXFreedomFighter]

Yep. If any Republican were presiding over a mess like this, Krugman and many others would be singing a different tune.

[SaxxonWoods]

Calling the current economic landscape a recession or denying it is one changes nothing!

Recession isn’t a problem, it’s a necessary readjustment after every expansion. Adjust accordingly and prepare to take advantage of what always follows a recession.

Inflation is a problem, and that’s where the action is taking place. And the action will work just like it has worked every time.

[kenmcg]

Krugman is nothing more than a shill for the democRATS. Of course if it was a GOP POTUS they would call this a RECESSION!

[Fledermaus]

No such thing as negative growth.

[Fledermaus]

A Reagan quote

[Bernard Marx]

This idiot has been more wrong on every issue than anybody in the world. What a little sniveling punk.

Exactly! Why does anyone give a cast-iron diddle what this fool says or thinks?

[Schatze]

let them eat cake

Or as Dr. Jill says, "Let them eat tacos!"

[Schatze]

This idiot has been more wrong on every issue than anybody in the world.

Fauci is giving him a run for his money.

[libertylover]

The difference is that if this happened during a Republican administration, you could bet your sweet arse they’d call it a recession and flood the airways with it instead of trying to redefine the definition of recession.