Posted on 01/11/2024 9:34:12 AM PST by JV3MRC
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 looks like poor public perception about the economy is actually just Republicans angry that Donald Trump isn’t still president.” Yeah, go with that Krugman. [Emphasis added.]
(Excerpt) Read more at newsbusters.org ...
Paul Krugman - Author of numerous books read by NO ONE.
Hey Paul, America misses $1.80/gal gas.
Hey Krugman..we have disdain for Bidenomics solely because it is the Suckiest idiotic economic plan ever devised and dumped upon the USA.
lol
It is never good when the ruling party says NO you are wrong! you are doing great and just don’t know it!
Krugman’s lips are sutured to the DNC’s butthole.
Gee PK, my grocery bill says otherwise.
We would love Bidenomics if all alternatives were illegal.
We would love Bidenomics if all alternatives were illegal.
From numbers released at 8:30 this a.m.:
US Inflation Rate Above Forecasts
The annual inflation rate in the US went up to 3.4% in December 2023 from a five-month low of 3.1% in November, higher than market forecasts of 3.2%, as energy prices went down at a slower pace.
Energy costs dropped 2% (vs -5.4% in November), with gasoline declining 1.9% (vs -8.9%), utility (piped) gas service falling 13.8% (vs -10.4%) and fuel oil sinking 14.7% (vs -24.8%). Meanwhile, prices increased at a softer pace for food (2.7% vs 2.9%), shelter (6.2% vs 6.5%), new vehicles (1% vs 1.3%), apparel (1% vs 1.1%), medical care commodities (4.7% vs 5%) and transportation services (9.7% vs 10.1%) and continued to decline for used cars and trucks (-1.3% vs -3.8%).
Annual core inflation rate eased to 3.9%, below 4% in the previous period but above expectations of 3.8%. Compared to November, consumer prices went up 0.3%, the most in three months and above forecasts of 0.2%.
We miss low gas prices — even with the reserves full.
punchline to a beheaded turtle story...”that turtle is dead, it just doesn’t KNOW it yet...
He is as bad as CNBC’s Jim Cramer, whose stock predictions are so bad that there is an ETF that is comprised of the companies that he said would not do well. These
Companies are thriving.
The ruling party in this case is about 180 degrees off the mark & by now, that should be evident to any thinking person.
No kidding? You need to give me the symbol so I can check it out.
He's obviously in on the scam.
Way cool. It was a partly return, but still way better than Cramer’s actual recommendations.
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