Krugman: We’re Not in a Recession and Recessions Don’t Matter!

BUCK: Paul Krugman. Yay. Get ready for this one. Paul Krugman is a Nobel laureate, so he got a Nobel Prize in economics. And I think he is the most consistently wrong predictor of and analyst of macroeconomic and political forces in American public life. This guy is wrong as much, if not more than anybody else with a similar perch and profile, and the latest — and this was great — is he is now arguing that, one, America is not in a recession, and it doesn’t even matter. The term doesn’t matter. This is quite something, isn’t it?

I am not surprised at all to see the efforts that they are going to right now when it comes to “the R-word,” recession, but it’s all a function of the fact that they understand the impact this will have on their political fortunes in the midterms. If people realize we are in a recession — and we are. If the American people come to that realization, they will also think back to two years ago. Biden, was he screaming about how he was gonna deliver us into a recession that would be a transition to a better future, or was he saying he’s gonna give us an economic boom and he’s gonna defeat the virus?

Well, he did neither of those things, and you can look very closely, very easily at his policies and you’ll determine that the decision-making of the Biden regime was awful and that we are in this place in no small measure because of the dumb things that they were pushing for and have pushed for all along, including just recently a giant spending bill. We’re in a huge inflationary period. We’re in a recession. “Let’s spend more money, because the government knows how to fix things.

“The government knows how to bring down prices! This government in particular knows how to bring down energy prices.” No person of good sense, judgment, and baseline knowledge believes that. But then again, Paul Krugman — maybe I’ll play this later on — says that there were no violent BLM riots. That is what he’s saying, which is interesting because I live in the middle of what was at one point a violent BLM riot on my own street. So, Paul Krugman getting it wrong in ways that defy imagination sometimes, friends.

Share

Recent Posts

  • Home

Rick Scott on His Double-Digit Win and Race for Senate Majority Leader

The Florida Senator tells us why he's running for Senate Majority Leader.

8 hours ago
  • Uncategorized

Sean Parnell’s Take on the Trump Comeback and Senate Race in Pennsylvania

The C&B Podcast Network host on the Trump landslide in Pennsylvania and across America.

8 hours ago
  • Home

Watch: You’ve Gotta Hear This Liberal Analyst on Election Day

A liberal take from 5PM on Election Day that you do not want to miss.

9 hours ago
  • Uncategorized

VIP Video: Biden Would Have Done Better

Watch Clay and Buck discuss Joe Biden's comments on the election. Do Dems regret going…

12 hours ago
  • Home
  • Uncategorized

Data Guru Ryan Girdusky Breaks Down the Returns from Trump’s Historic Win

Ryan takes a deep dive into the election results to tell us what happened and…

1 day ago
  • Uncategorized

VIP Video: The Greatest Comeback in American Political History

Watch Clay and Buck analyze -- and celebrate -- an epic Trump victory.

1 day ago
View Full Site