Paul Krugman explains economics for us
hysterical conservatives
American Thinker,
by
John Green
Original Article
Posted By: DW626,
12/17/2023 3:43:16 PM
In addition to being an insufferable leftist, Paul Krugman is a world-renowned economist. He even has a Nobel Prize to prove it.
I’m just a retired engineer who refuses to keep my opinions to myself. I shouldn’t be able to ridicule him on economic matters, but he just makes it so danged easy. It’s seems clear that our Nobel laureate is either economically illiterate or just plain dishonest. I doubt he’s economically illiterate, but I’ll let you decide.
Krugman recently ran an article entitled “The Progressive Case for Bidenomics.” Apparently, he didn’t get the memo.
Post Reply
Reminder: “WE ARE A SALON AND NOT A SALOON”
Your thoughts, comments, and ideas are always welcome here. But we ask you to please be mindful and respectful. Threatening or crude language doesn't persuade anybody and makes the conversation less enjoyable for fellow L.Dotters.
Reply 1 - Posted by:
Corndoggies 12/17/2023 3:58:00 PM (No. 1619315)
Isn’t krugman the one that said the market would crash if Trump was elected President back in 2016? I don’t know why anyone still listens to him.
20 people like this.
Reply 2 - Posted by:
plomke 12/17/2023 3:59:03 PM (No. 1619316)
Mr. Enron explains the mysteries of the universe to us rubes.
We are so blessed...
14 people like this.
Reply 3 - Posted by:
jalo1951 12/17/2023 4:00:49 PM (No. 1619317)
He is a nasty little man. Somewhere in America a small town is missing the troll that lives under their bridge. Paul, we don't care what you have to say and don't believe a word that dribbles out of your mouth. You and your mom might think you are special but nobody else does.
19 people like this.
Reply 4 - Posted by:
VirtuDawg 12/17/2023 4:42:42 PM (No. 1619330)
The fact that Paul Krugman is a Nobel Prize winner — like Zerobama, Arafat, etc. — is proof to me that any Nobel Prize in any category is a worthless “honor.”
14 people like this.
Reply 5 - Posted by:
WV.Hillbilly 12/17/2023 4:52:41 PM (No. 1619332)
Krugman did not win a Nobel Prize.
Alfred Nobel established five Nobel prizes.
Chemistry, Literature, Peace, Physics, and Physiology or Medicine.
There is no Nobel Prize for economics.
What Krugman won was the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
It's a prize sponsored by the state bank.
That's like winning the Federal Reserve Bank Prize in Memory of Alan Greenspan.
17 people like this.
Reply 6 - Posted by:
BarryNo 12/17/2023 5:28:13 PM (No. 1619352)
Paul Krug man couldn't balance a check book if it was glued to him. His philosophy of economics has always involved spending beyond your means and kicking the can down the road for your kids. He is a disgrace that helped get us in trillions of dollars in debt.
14 people like this.
Reply 7 - Posted by:
LC Chihuahua 12/17/2023 5:57:51 PM (No. 1619365)
I just want to know who pays Krugman to write his rubbish. He's not an economist. He is a propagandist.
9 people like this.
Reply 8 - Posted by:
udanja99 12/17/2023 6:21:34 PM (No. 1619373)
Yes, he is, #1. He said that not only would the stock market crash but that it would never recover.
Oddly, I made a nice chunk of change in the stock market during Trump’s term and have lost most of it in the last three years.
13 people like this.
Reply 9 - Posted by:
Californian 12/17/2023 6:51:25 PM (No. 1619384)
Whatever Krugman says about the economy is always 180 wrong. He has a career long track record of 100% failure.
7 people like this.
Reply 10 - Posted by:
chagrined 12/17/2023 7:00:01 PM (No. 1619389)
Who is the bigger, little troll. . .krugman or fauci? Both are devil worshippers, that's for sure!
5 people like this.
Reply 11 - Posted by:
JHHolliday 12/17/2023 8:17:40 PM (No. 1619423)
Krugman is like Cramer. If they say buy this stock, it’s guaranteed to crater. He has been wrong on everything. He said the market would collapse under Trump, instead it soared. He is useful in one way...if he says sell, then buy. If he says buy, then sell.
3 people like this.
Reply 12 - Posted by:
Italiano 12/17/2023 8:31:17 PM (No. 1619427)
The little rodent munchkin is always wrong, but never in doubt.
2 people like this.
Reply 13 - Posted by:
scottj 12/17/2023 8:49:57 PM (No. 1619432)
Paul Krugman is a liberal moron. He is incredibly stupid.
3 people like this.
Reply 14 - Posted by:
DVC 12/17/2023 11:16:59 PM (No. 1619479)
Krugman knows nothing at all about economics that is true.
1 person likes this.
Reply 15 - Posted by:
mifla 12/18/2023 4:42:23 AM (No. 1619548)
I don't need any experts to tell me that the economy is mess. I do my own shopping.
0 people like this.
Reply 16 - Posted by:
DVC 12/18/2023 10:39:54 AM (No. 1619788)
Re #8, I'm sorry to hear that. I moved a big chunk of our investments into fixed bonds in the last part of last year, the worst getting 4.8% some getting 7% without risk.
I've been against bonds for decades, because the yields have been super lows due to the Fed keeping interest rates insanely low, desperately trying to prop up the economy. But after Joe came to power, it was clear that the stock market was going to tank for quite a while, and that the Fed increasing interest rates would make bonds FINALLY attractive again. Not great to get 5-6% returns but better than -30% that many others were giving.
I'm thinking that by spring of 2024 I may start moving back into US industrials as the disentanglement from China continues, and more production is moving back to the USA, or Mexico and Canada, at least, rather than China.
Good luck....betting opposite of what Krugman says is a solid bet, always.
0 people like this.
Below, you will find ...
Most Recent Articles posted by "DW626"
and
Most Active Articles (last 48 hours)