Paul Krugman, The New York Times opinion writer and infamous propagandist, continues to dig his heels in and try to convince the American people that they are the problem, not the economy.
In a NY Times column published on Jan. 28, fear-monger Krugman ludicrously claimed, as he has so often, that the economy under President Joe Biden is “almost miraculously good” and that it has “hugely exceeded expectations.” Yeah, right. But Krugman didn’t stop there. He went on to ridiculously accuse Republicans who are sick of terrible economic policies of being “driven by dystopian visions unrelated to real experience.” It’s a massive slap in the face to the millions of Americans who have genuinely struggled since Biden took over.
Krugman also blamed Republican officeholders for “frightening voters … by telling them that terrible things are happening to other people.” Krugman completely invalidates the negative effects of Bidenomics seen by millions of Americans.
Krugman’s overly optimistic babbling on the “miraculous” Bidenomics completely ignores the reality: American are still struggling. Wages are not increasing at the same rate as prices, Americans also confront higher mortgage debt and having to spend more than $11,000 every year to keep the standard of living they had in January 2021.
Further, Krugman’s piece is rich coming from a leftist journalist who has himself done more than his fair share of fear-mongering. For example, under the administration of President Donald Trump, Krugman wildly spelled doom for a terrific May 2020 jobs report. In 2016, Krugman even incorrectly predicted that the Trump economy would never be good, a prediction that went awry in a big way. Before the COVID-19 pandemic, the Trump administration saw a record 158,510,000 Americans working, NewsBusters reported citing CNSNews' analysis. Unemployment decreased to 3.6%--a 50-year low. It seems that Krugman has no standing to say that Republicans are being fear-mongers.
This is not the first time that blatant hypocrisy has come from the extreme leftist Krugman. He previously put out a warning piece cautioning against economists who supposedly “got it wrong” about Bidenomics. Yet Krugman’s record shows time and time again that he is one of those “economists” that should be avoided.
MRC Business Assistant Editor Luis Cornelio contributed to this report.
Conservatives are under attack. Contact The New York Times at 800-698-4637 and demand that it distance itself from Krugman’s hypocrisy and insane economic takes