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FLASHBACK: Remember When Clinton Stooge Robert Reich Claimed Biden’s Stimulus Wasn’t Inflationary?
NewsBusters ^ | 6/29/2022 | Joseph Vazquez

Posted on 06/29/2022 12:43:09 PM PDT by JV3MRC

Clinton stooge Robert Reich has just as much of a sordid record in his coverage on the inflation crisis as leftist economist Paul Krugman.

The former Secretary of Labor tried to swat down any concerns that President Joe Biden’s gargantuan $1.9 trillion stimulus was rife with inflationary pressures that could send the economy off the rails. “Larry Summers is dead wrong that Biden's plan would be inflationary. The economy has huge unused capacity,” Reich squealed against former President Barack Obama’s former National Economic Council director in a Feb. 5, 2021 tweet. Summers sounded the alarm bells about a potential inflation crisis caused by the Biden stimulus since February 2021. But Reich was intent on dismissing inflation as a fiction, stating emphatically that Biden’s plan didn’t go far enough

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: blogkaren; blogpimp; economy; joebiden; paulkrugman; robertreich; stimulus

1 posted on 06/29/2022 12:43:09 PM PDT by JV3MRC
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To: JV3MRC

He was in way over his head.......................


2 posted on 06/29/2022 12:44:02 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: JV3MRC

This rabid dwarf has shilled for his masters for so long. Vile little sh*tstain.


3 posted on 06/29/2022 12:46:39 PM PDT by Levy78 (Reject modernity, embrace tradition. )
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To: Red Badger

Now he needs to stand up and face the music.


4 posted on 06/29/2022 12:47:13 PM PDT by The_Media_never_lie (Brandon's got this.)
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To: The_Media_never_lie

Don’t sell him short...................


5 posted on 06/29/2022 12:49:19 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: JV3MRC

“Clinton stooge Robert Reich has just as much of a sordid record in his coverage on the inflation crisis as leftist economist Paul Krugman.”

That’s a really difficult comparison to make. I would need someone to first convince me that they aren’t the same person. After that, it’s like Brian Shelter vs. Anderson Cooper vs. Son Lemon for who’s dumbest.


6 posted on 06/29/2022 12:52:07 PM PDT by cdcdawg (Hoes mad! LOL! )
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To: JV3MRC

Possessing an average intelligence, I must proclaim I thoroughly examined Robert’s claim. And he was not only merely wrong he was really most sincerely wrong.


7 posted on 06/29/2022 1:03:20 PM PDT by skeeter
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To: Red Badger

I’m up for a quick round of Stooge Tossing. What about you?


8 posted on 06/29/2022 1:15:27 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

Maybe a short game.............................


9 posted on 06/29/2022 1:23:39 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: JV3MRC

Danny DeVito could kick his ass.


10 posted on 06/29/2022 1:25:11 PM PDT by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: cdcdawg

Yes, how could you decide who is worst when they are all wrong, all the time?


11 posted on 06/29/2022 1:26:16 PM PDT by Boogieman
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To: Red Badger
face with tears of joy face with tears of joy face with tears of joy
12 posted on 06/29/2022 1:28:58 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: JV3MRC

Pepperidge Farm remembers!


13 posted on 06/29/2022 1:29:06 PM PDT by FrankRizzo890
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To: Boogieman

There is actually a fun clip on YouTube of Greg Gutfeld and Tucker Carlson arguing about who is the dumbest anchor on CNN. It’s the ultimate moot question. Reich vs. Krugman is similar.


14 posted on 06/29/2022 1:33:27 PM PDT by cdcdawg (Hoes mad! LOL! )
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To: JV3MRC
Loser referenced in a link from the article:

From: https://www.statesman.com/story/opinion/columns/more-voices/2020/11/25/krugman-making-most-of-coming-biden-boom/115047510/

Krugman:

And while I’m optimistic about the immediate outlook for a post-vaccine economy, we’ll still need to invest on a large scale to rebuild our crumbling infrastructure, improve the condition of America’s families (especially children) and, above all, head off catastrophic climate change.

ME: And cause inflation

So even if I’m right about the prospects for a Biden boom, the political benefits of that boom shouldn’t be cause for complacency; they should be harnessed in the service of fixing America for the long run.

ME: "Biden Boom" - this guy is hilarious!

And the fact that Biden may be able to do that is reason for hope.

ME: Hope is not a plan

Those of us worried about the future were relieved to see Trump defeated, but bitterly disappointed by the failure of the expected blue wave to materialize down-ballot.

ME: coattails but no coat, riiiightt.....

If I’m right, however, the peculiar nature of the coronavirus slump may give Democrats another big political opportunity. There’s a pretty good chance that they’ll be able to run in the 2022 midterms as the party that brought the nation and the economy back from the depths of COVID despond.

ME: Can someone be so wrong so much?

And they should seize that opportunity, not just for their own sake, but for the sake of the nation and the world.

"Diaperman" Joe and his sidekick Krugman the "suckup" SAVE the WORLD!

Krugman writes for The New York Times.

The failing NY Times.

15 posted on 06/29/2022 1:34:59 PM PDT by frogjerk (I will not do business with fascists)
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To: JV3MRC

It is being generously kind to refer to Reich as “stooge.”

I’d put him more in the moron category. I really don’t think the guy has ever been right, not once, about anything.


16 posted on 06/29/2022 3:38:11 PM PDT by doragsda
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