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The New York Times economics parody writer Pauk Krugman — because that’s all he’s been reduced to now — can’t seem to avoid sleepwalking his way into huge, unforced errors. In another Apr. 9 column praising President Joe Biden’s alleged “Goldilocks” economy, Krugman was adamant that “while there was a wave of inflation, it seems to have broken.” Yes, Krugman wrote this just a day before the Bureau of Labor Statistics released its Apr. 10 report showing that consumer prices spiked hotter than expected at 3.5 percent year-over-year and 0.4 percent month-over-month. CNBC analyzed that core consumer prices (excluding food...

Somehow, New York Times economics propagandist Paul Krugman managed to one-up himself on his really bonkers Bidenomics hot takes. Millions of illegal border crossings? Humanitarian crisis? No problem, suggested Krugman in his March 19 piece, “Are Immigrants the Secret to America’s Economic Success?” In his wild logic (if you even want to call it that), Krugman blathered how supposedly “the very surge in immigration that has nativists so upset has played a big role in increasing the economy’s potential.” Yes, he actually wrote that. Never mind the fact that foreign born employment is up at least 3.3 million above its...

The New York Times’ bumbling economics writer Paul Krugman continues to beclown himself the more he tries to defend the Bidenomics monstrosity. Krugman took to X (formerly Twitter) to once again downplay the inflation crisis brought on by President Joe Biden’s off-the-rails spending and stimulus policies that helped send price hikes into overdrive. His new excuse? Biden’s inflation battle is similar to President Ronald Reagan’s. “For people who say that Americans care about the level of prices, not the inflation rate, note that cumulative inflation under Biden so far is close to the number under Reagan. Which is why Reagan...

Supporters of former President Donald Trump cite his economic record as a reason to vote for him, but that's a bit puzzling. Why it matters: Trump's economic record is only good if you leave off what happened from March 2020 to the end of his administration. Zoom in: When the pandemic hit, the jobless rate soared to a record 14.8% — a level not seen since the Great Depression. The rate did come down a bit after that, but when Trump left office there were fewer jobs in the country than when he got there — the first time that's...

It’s unclear anymore whether New York Times propagandist-in-chief Paul Krugman actually believes the pro-Bidenomics psycho-babble he spits out or if he’s just trolling at this point. Krugman tried bridging the gap between his illusion of a goldilocks Biden economy and the disgruntled, inflation-rattled consumers who aren’t as deluded as he is in his latest 1,108-word hot take, “Is Poor Economic Sentiment All About MAGA.” In Krugman’s distorted view, Americans struggling to make ends meet against the increasingly tenuous cost of living squeeze is just a mirage. “The more I look into it, the more I’m convinced that much of what...

The New York Times employed two of their Bidenomics-shilling flunkies to harp on why the president’s decrepit economy is actually great and to treat disgruntled voters as if they're just dumb for not buying it. Times columnists Paul Krugman and Peter Coy co-authored a conversational-like piece of propaganda to once again attempt to prop up the Bidenomics cadaver. “Paul, I think the economy is going to be a huge problem for President Biden in 2024,” Coy wrote. He then condescended to voters: “Voters are unhappy about the state of the economy, even though, by most measures, it’s doing great.” Krugman,...

Paul Krugman, New York Times economics columnist and chronic escapist, can’t help making himself look even more clownish by casting Bidenomics as anything other than the inflation-stimulating mess that it is. “The Secret of America’s Economic Success,” read Krugman’s Oct. 23 piece of propaganda. Krugman regurgitated his ridiculous flapdoodle that America has somehow beaten the scourge of high inflation. He pointed to a graph by blockchain-based firm Truflation purporting to give a more accurate inflation depiction to proclaim a “steep decline in inflation over the past year.” But there’s a problem. The graph Krugman pointed to just shows a slowing...

One of the most ardent leftist economic writers in American media actually claimed that the far left “has no significant influence on the Democratic Party.” And no, he wasn’t being facetious. New York Times columnist Paul Krugman went after his typical target — Republicans — in an Oct. 16 screed whining that GOPers were blaming President Joe Biden for the Hamas terrorist attacks on Israel. “Like much of what the American right says these days, these smears were both vile and infantile.” The same “infantile” Krugman once called the GOP “economic terrorists,” but who’s keeping score? Krugman’s oblivious take then...

Paul Krugman was widely trolled on Thursday for saying that if you just ignore food, energy, housing, and used cars — unavoidable costs for many Americans — then the period of surging prices has passed. "The war on inflation is over," he posted on X, attaching a chart showing the Consumer Price Index (CPI) dropped from 7% last summer to below 2% in September if you exclude those four items. "We won, at very little cost."

ERIE, Pennsylvania—Two weeks ago, Nobel Prize-winning economist Paul Krugman told CNN anchor Christiane Amanpour there is a peculiar disconnect between how the economy is doing and how the public is feeling about it. Ms. Amanpour pressed him on why people weren’t understanding that they are living in a “sunny economy.” He had asserted that “the economy’s rebound has been surreally good,” yet people keep saying it is terrible. [snip] U.S. inflation rates have been historically high during President Biden’s term, prompting central bankers to raise interest rates in a bid to tame prices. President Biden’s pitch saying “Bidenomics is about...

The New York Times’s inveterate Bidenomics apologist Paul Krugman has a knack for reminding the world that former President Donald Trump lives rent-free in his head. Krugman went on an unhinged rant against Trump, “an actual madman, a former president who tried to overturn an election and may yet destroy U.S. democracy.” It seems Trump set Krugman over the edge with his Aug. 17 Fox Business interview when he suggested a 10 percent tariff on imports from foreign countries and using the revenues “to pay off debt.” Trump’s plan also included playing a proverbial arm wrestling game by imposing matching...

New York Times blowhard economics writer Paul Krugman apparently didn’t sense the stupidity in pontificating to readers about the supposed need to “politicize” the weather. Yes, you read that right. Krugman took a pit stop from his usual Keynesian blather on economics to go on another ridiculous climate change rant in a July 17 op-ed headlined, “Why We Should Politicize the Weather.” The self-aggrandizing economist kicked up a stink over Republican presidential candidate Ron DeSantis’ recent statement that he “‘always rejected the politicization of the weather.’” But in Krugman’s pseudo-intellectual worldview, “we absolutely should politicize the weather.” In fact, he...

Alexander Soros, the 37-year-old son of legendary investor George Soros, has taken over the reins of his father's empire in what is seen as a 180-degree departure from his previous playboy image. He also sits on the investment committee of Soros Fund Management, which has assets worth $25 billion, the Wall Street Journal reported. Alexander — who goes by Alex — is now at the helm of George Soros' Open Society Foundations, or OSF, where he plans to continue supporting causes his father championed, such as voting and abortion rights, the Wall Street Journal reported on Sunday.

The so-called ‘Biden boom’ that New York Times economics columnist Paul Krugman has repeatedly foretold clearly never materialized. Now, he’s desperately trying to move the goalposts. Krugman’s April 27 headline said it all: “Joe Biden and the Not-So-Bad Economy.” The columnist deluded himself. Krugmant claimed that he is “dreading the political crystal ball-gazing” that inevitably develops every election cycle. But he didn’t bat an eyelash about brazenly whipping out his faulty economic crystal ball to once again gaslight Americans on President Joe Biden’s abysmal economy. [Emphasis added.] “Much political discussion, it seems to me, is informed by a sense that...

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...

It’s obvious things have gotten bad when President Joe Biden’s talking points are being undercut by one of his most ardent lapdog economists. Biden took to the press podium March 13 to congratulate himself on his administration’s wild efforts to secure the deposits at Silicon Valley Bank following its historic collapse. Biden attempted to dismiss any notion that what he was pushing was a government bailout. “No losses will be — and this is an important point — no losses will be borne by the taxpayers. Let me repeat that. No losses will be borne by the taxpayers,” Biden claimed....

In his N.Y. Times op-ed (Feb. 28, 2023), columnist Paul Krugman admitted that Social Security is indeed not like a pension plan, but rather incorporates significant wealth transfers from higher- to lower-income participants.The thing about Social Security is that from the beginning it was designed to encourage misconceptions. It looks, on casual inspection, like a giant version of a private pension plan. You pay into such a plan during your working years, contributing to a pension fund, and when you retire you receive payments from that fund in proportion to the amount you put in. ...I'm pretty sure that it...

Krugman sees benefit cuts as "a choice" but believes that implementing a massive tax increase on American employers and workers would be "of course" no big deal.For The New York Times' Paul Krugman, the real crisis facing America's entitlement programs is that the media isn't working hard enough to ignore their impending collapse. "I've seen numerous declarations from mainstream media that of course Medicare and Social Security can't be sustained in their present form," Krugman wrote in a Times op-ed this week. "And not just in the opinion pages." Perhaps that's because the unsustainable trajectories of Social Security and Medicare...

New York Times economics columnist Paul Krugman went on a tone-deaf rant against rural Americans who are fed up with Washington, D.C. elites making their lives miserable. Krugman’s Jan. 26 drivel, headlined “Can Anything Be Done to Assuage Rural Rage,” bemoaned that rural Americans have shifted so far to the right that loyal Democrats supposedly “face intimidation and are afraid to reveal their party affiliation.” Krugman exploited the findings of political scientist Katherine J. Cramer that reportedly tied “rural resentment” to “perceptions that rural areas are ignored by policymakers, don’t get their fair share of resources and are disrespected by...

Have legitimate concerns about the national debt? Well, you may just be one of those GOP “economic terrorists,” according to New York Times bloviator-in-chief Paul Krugman. Krugman’s Jan. 19 column spewed bile at GOP congressional members seeking spending concessions from President Joe Biden on the debt ceiling issue. “Don’t Try to Appease Economic Terrorists,” the headline read. Yes, Krugman actually used the word “terrorists.” [Emphasis added.] He sugar-coated the issue falsely claiming that raising the debt ceiling “simply allows the government to honor its promises, which include everything from paying interest on its debt to sending checks to Social Security...