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

    08/01/2022 11:26:51 AM PDT · by lowbridge · 52 replies
    townhall.com ^ | August 1, 2022 | Leah Barkoukis
    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...