But Al-Gore said ALL the Glaciers would be gone by 3 years ago.
Krugman Hot Takes and Ignorance
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The Nobel Foundation Should Ask Paul Krugman For Its Award Back
Krugman was mocked for his claim about inflation, and for good reason. To show how we’d allegedly won the war, he had to strip out food, energy, shelter, and used cars. In other words – most of the stuff that people spend money on day to day.
When you do that, the remaining basket of goods went up by just 2.8% year-over-year this September, down from a 6.7% hike the year before.
To be fair to Krugman, this is an index the Bureau of Labor Statistics does track. But Krugman was still being dishonest because he conveniently left out the fact that in the 20 years before Biden, this measure of inflation averaged just 1.6%.
Of course, Krugman could have gone further. He could have counted only those categories that have seen price drops in the past year. The cost of “utility (piped) gas service,” for example, was down almost 20% year-over-year in September. Airfares dropped 13%. Egg prices fell 14.5%.
Heck, he could have used that to warn about deflation dangers ahead.
Of course, even with these recent drops, the cost for “utility (piped) gas service” is still 21% higher than it was when Biden took office and “rescued” the economy. Airfares are up 25%. Eggs are 21% more expensive.
What’s more, there are signs that inflation is accelerating. The overall rate has been climbing again after falling to 3% in June.
Paul Krugman Doesn’t Understand The IRS Or How Money Works
Krugman said that “the current demand by House Republicans” on the Israel funding “would undermine the ability of the Internal Revenue Service to crack down on wealthy tax cheats.”
The package that Johnson produced, and which has since passed the House, is very plain. It offered nearly $15 billion in aid to Israel, with the funds being pulled from the supersized IRS budget the White House signed into law last year. This is what is known to the average working adult as “prioritizing,” the idea that within a fixed amount of money, some things are more urgent than others — in this case, the capacity for our most reliable ally in the most volatile region of the world to defend itself, versus the IRS’s resources for shaking down individuals with an annual income less than $200,000.
But more blatantly offensive is Krugman’s stupid assertion that reshuffling money away from the IRS will “undermine the ability” of that godawful agency “to crack down on wealthy tax cheats.”
Queue one of those patronizing “fact checks” that the media are so fond of: Fact check! No, Mr. Krugman! There is no evidence that a reduced budget will undermine the IRS’s ability to crack down on wealthy tax cheats! Period!
Who are all these “wealthy tax cheats”? The suggestion that there is some mammoth section of the workforce just skating through the years without turning in a proper accounting of their mega earnings is a myth. That’s not to be confused with the large share of the public able to save itself a lot of money on taxes by using convoluted but perfectly legal structures of LLCs and shell companies, which does exist. The clear difference is that one of these is legal.
If Krugman et al. actually gave a damn about chasing down tax collections, it would once again have nothing to do with funding and everything to do with priorities. He doesn’t even have to take my word for it. It’s in The Washington Post.
“The IRS in recent years has grown more dependent on [lower- and middle-income] types of audits because they are relatively inexpensive,” the paper reported last year. “They’re automated, and they preserve the agency’s limited personnel resources. But they also mostly fall on taxpayers who can’t afford to fight back by spending hours on the phone with the tax agency or hiring lawyers.”
And so, since mastering any form of technology apparently proved too much for this real man of genius, everyone on Twitter is still stuck listening to Paul Krugman's hot takes on the day's events. It's a real shame.
Krugman has always had an uncanny ability to be wrong about stuff, but his general habit of being wrong about stuff doesn't seem to bother him or perhaps causes some kind of a cognitive dissonance cascade, either way a good indicator of the man's apparent lack of introspective abilities. And with the news that Florida Governor Ron DeSantis was pulling out of the Republican Primary it was a certainty that Krugman was going to have a take... and if Paul Krugman has a take you can usually bet that the take it going to be a bad one. And it was!
Yup, we're back to the 'Grandma murderer' DeSantis narrative. While often facing accusations of being too restrictive during the Covid Lockdowns from the camp of former President Donald Trump, it's good to remember that from the perspective of the left Ron DeSantis was incredibly laissez-faire through the whole period and they think that this led to innumerable unnecessary deaths. How can both be true at the same time? Who knows!
Paul Krugman Plays the Fool: 'White Rural Rage' Is 'Single Greatest Threat Facing American Democracy'
"Distinguished" economist and New York Times columnist Paul Krugman is back with another ridiculous op-ed, gang. This time, the elitist, bubble-dwelling left-winger made a complete fool out of himself by declaring "white rural rage" is the "single greatest threat facing America" today.
Not only did Krugman fail to connect the dots between "white rural rage" and whatever "single greatest threat" he concocted in his TDS-riddled brain, but he also failed to provide a single example of how this alleged rage is manifested.
In other words, yet another out-of-touch crock of crap from Mr. Krugman.
In a Monday NYT op-ed titled "The Mystery of White Rural Rage," Krugman hyperbolically wrote (emphasis, mine):
Krugman doesn't "get the politics" because his brain, like all left-wing brains, is consumed with all things Donald Trump and MAGA Republicans. Sure, progress — pushed by technology — can be difficult for blue-collar America. We get that. But where is the "white rural rage," Mr. Krugman, and how is it the single greatest threat to America, given that we have hundreds of thousands of illegal aliens from all over the world flowing into this country monthly?
Paul Krugman — People Who Don't Love Biden's Economy Just Haven't 'Done Their Homework'
Krugman's m.o. when covering for Biden is to offer a macroeconomics lecture that will hopefully numb readers to the point where they don't notice that prices still stink. Yes, even the ones that have gone down a little. The lecture description was my way of conveying my thoughts about Krugman's writing style. In this latest column, Prof. K. mentions homework, which I took as confirmation that I've been right all along.
The New York Times:
Translation: The rubes just don't know how good they've got it.
Paul Krugman lives in New York, works in Academia, and writes for the largest left-wing propaganda media organization in the United States. The only way he could be more insulated from the lives of everyday Americans is if he covered himself in bubble wrap. There is no real "extent" to how he can measure the experiences of people in flyover country.
One might argue that Krugman is merely writing for the Times's coastal elite audience. I would counter that his columns have a decided "Professor Paul is angry that the kids aren't getting it," vibe to them. Remember, the Coastal Media Bubble denizens think that everyone pays attention to them.
The condescending attitude continues as Krugman attempts to examine the "disconnect between personal experience and narratives." Krugman used to leave a lot of his disdain up to the reader to infer; now he's moving it front and center. Sure, buddy, there are millions of Americans out there whose economic realities are just super peachy, but the idiots are hypnotizing themselves with "narratives."
They should do away with the Nobel Prize for Economics.
Grumpy
Well-Known Member
Should just do away with the Nobel in it's entiredy, they effed themselves and made the 'prize' inconsequential back in 2009.
SamSpade
Well-Known Member
Of the six prizes - Economics added only as recently as 1969 - I’m least enamored of economics. Literature and Peace while valuable are entirely subjective. But Economics is far more nebulous than Physics or Chemistry - you can observe the results from that research.
I guess it seems to me that like fortune tellers predicting your lottery numbers - if economists REALLY did understand it, wouldn’t they be wealthy beyond anything from investments?