Amazing. Just amazing. The consummate Bidenomics simp and former New York Times columnist Paul Krugman is trying to make “Trumpflation” a thing in the public discourse.
“Lies, Damned Lies and Trumpflation,” railed Krugman in his latest February 14 certifiable screed. What was hilarious was that the first five paragraphs of his piece literally had little to do with the economy aside from drumming up random conspiracy theories about President Donald Trump’s Centers for Disease Control and Prevention potentially hiding data on the next hypothetical pandemic.
Then came the kicker: “But while I’m not an epidemiologist, I do know something about inflation.” Well it turns out he’s not much of a serious economist either. It's quite bold for him to make this claim after being the same transitory apologist that blurted out March 2022 during the Bidenflation disaster that he didn’t “understand what the hell has been going on" with inflation. He still doesn't.
“And I’m getting very worried, not so much about the next few months as about what will happen a year or two down the road,” Krugman fear-mongered. This is the same guy who proclaimed that it was “morning in Joe Biden’s America” July 2021 just as the inflation crisis brought on by Biden’s outrageous spending policies was starting to take effect.
What’s even worse is that he used a picture of eggs as his article’s featured photo right underneath his bizarre headline on “Trumpflation,” even though the latest inflation data that showed egg prices spiking 15 percent in January were still Biden administration numbers.
Krugman would then wind up contradicting his arguments altogether. He tried to play gotcha! on Trump’s promise to bring prices down by pointing to a FRED chart showing food prices spiking. “Beyond that, during the campaign Trump didn’t just promise to reduce inflation; he promised that he would bring prices down.” he continued: “Well, things aren’t looking good on that front.” Quite the turnaround from his December claim that “It’s hard to overstate just how good recent economic numbers have been.” Now things suck because Trump is in office, right Krugman?
But prior to this, he had just admitted that “it’s too soon to give Trump either blame or credit” for the current inflation situation. Wow, no kidding Sherlock! We’re only 25 days into Trump’s administration and Krugman is already crying “Trumpflation” while simultaneously admitting that it’s too soon to pass grades around on the president’s handling of the economy. Huh? Somebody make it make sense!
But Krugman wasn’t finished. After capping off Biden’s tumultuous term as president in December by claiming that Bidenomics had been somehow vindicated, Krugman had the temerity to whine about how Trump’s policies were supposedly going to be inflationary:
And almost everything Trump is doing or threatening to do to the economy will cause higher, not lower inflation. I don’t know what if anything is going on in his mind when he asserts that tariffs will reduce prices, but tariffs are in fact sales taxes on imported goods, and does anyone think that sales taxes make stuff cheaper?
Newsflash to Krugman: Nothing Biden did made consumer prices cheaper writ large, and yet you still tried to convince everybody and their mother that his inflationary policies were the best thing since sliced bread. So excuse us if we choose to throw our heads back in laughter at your insinuation that anybody should be taking you seriously now.
“Trumpflation?” Seriously: Take a hike.
