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In Paul Krugman’s Upper West Side Bubble,
All Is Well

Original Article

Posted By: RockyTCB, 8/2/2022 5:29:56 AM

After Richard Nixon’s landslide victory over leftist George McGovern in 1972, New York Times movie critic Pauline Kael supposedly said: “How could Nixon have won? Nobody I know voted for him.” This weekend, current New York Times columnist Paul Krugman outdid Kael in the utterly-clueless-liberal-bubble department. On CNN Sunday, Krugman said that the big problem with the economy today is that media are unfairly writing negative stories about it. “I think that what’s happening now is that there’s been a kind of a negativity bias in coverage,” he said. Then Krugman went full Kael,

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Reply 1 - Posted by: F15 Gork 8/2/2022 6:48:44 AM (No. 1235245)
Hey Bubble Boy, there are several thousand miles of real America out here between the East and West Coasts...you should have your lemosine driver drive you across it sometime. Might be a real eye opener.
9 people like this.

Reply 2 - Posted by: GardenGal 8/2/2022 7:23:36 AM (No. 1235274)
Yesterday, talking with my hair dresser about the economy. She is super angry about the potential bloated bill the Dem Senators are peddling. As she explained, it is a big tax raise on her- she actually pays taxes, is opening a new salon this Fall, and has lots of expenses with that. Those morions don't understand or don't care that small business are struggling and don't need a tax raise. And then the so-called credit for the electric cars---She was saying how a credit a year and a half later is totally worthless to people like her--- they need the money upfront to lower the loan.
8 people like this.

Reply 3 - Posted by: mobyclik 8/2/2022 8:16:38 AM (No. 1235346)
Another ''Expert'' speaks. One thing for sure, something this stupid from this clown is not 'unexpected.' It would be the end of the world if a Republican were in office...Trump for example.
8 people like this.

Reply 4 - Posted by: Edgelady 8/2/2022 8:33:46 AM (No. 1235367)
Krugman’s string of failed observations is impressive!!
13 people like this.

Reply 5 - Posted by: bpl40 8/2/2022 9:07:29 AM (No. 1235414)
When I pay $5 for a gallon of gas. $10 for a pound of hamburger. When my daughter-in-law is desperately searching for formula for my grandson. When car dealers are required to keep smelling salts in the show room. No, I don't thing things are 'pretty good'. Krugman should remember what happened to Marie Antoinette when she said 'Let them eat cake'.
5 people like this.

Reply 6 - Posted by: john56 8/2/2022 9:38:16 AM (No. 1235446)
At least Pauline Kael was more-or-less harmless. Krugman not so much.
1 person likes this.

Reply 7 - Posted by: paral04 8/2/2022 9:48:12 AM (No. 1235457)
If Krugman thinks people are upbeat, I would like to have what he is taking. It could be mass produced and we would all believe that also.
1 person likes this.

Reply 8 - Posted by: DVC 8/2/2022 11:15:25 AM (No. 1235581)
A guaranteed investment strategy is to listen carefully to what Krugman says and do the exact opposite. You'll always be on the right side of things. AFAIK, Krugman has never been right about anything associated with money, economics or the future. Never.
2 people like this.

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