There are certain principles in life.
The sun is likely to come up in the morning.
The government is always going to be trying to take your money.
And Paul Krugman is going to be wrong -- again.
Now, it is hard to judge which pundit has the greatest gift in this regard: Jim Cramer, Paul Krugman, or Jennifer Rubin. They're all so good at being mistaken.
I have to give Krugman some extra gaslighting points for his effort to try to redeem the mess of Bidenomics. That's going the extra mile to debase yourself.
Back in October, Krugman even proclaimed that we'd "won" over inflation -- well, that's if you discounted everything that matters, like food, energy, and shelter. How can you take such a person seriously?
READ MORE: HOT TAKES: Paul Krugman Declares Victory Over Inflation and the Hilarious Response Is What We Need
Now, he's trying to convince the American people that they aren't paying more for the groceries like they know they are. He just went into overdrive with the gaslighting.
Amazing how much mail and comments I get insisting that grocery prices have doubled and are still soaring. They haven't and they aren't. pic.twitter.com/gQRdVDuiGR
— Paul Krugman (@paulkrugman) February 23, 2024
"Amazing how much mail and comments I get insisting that grocery prices have doubled and are still soaring. They haven't and they aren't," Krugman claimed.
Is he trying to contest the term "doubled," while ignoring the rise in the very graph that he presents? Even in the graph he presents it's soared a lot since January 2021, and although the increase is less than it had been, it's still going up.
But check this thread from @MorlockP as he explains why even this graph is a bit deceptive and doesn't tell you the real picture.
1/
— ⓘ Dogs don't have thumbs (@MorlockP) February 25, 2024
Krugman, like most other midwits, uses data to persuade, not to understand.
He sees a graph that proves that "food at home spending" is up 1.2x not 2x, and immediately uses it to demonstrated that "food prices are not up 2x".
Let's dig in. https://t.co/Z9m2VwISZ2
If the thread is too long for you, this simplifies it.
I'm paying 8.99/lb for ground beef. That's what I was paying for ribeye three years ago. Stfu.
— A Strange Loop 🧭✴️ (@Recursion_Agent) February 24, 2024
Unlike pro-regime economists, most people operate on a budget. If there's anything that Americans know, it's how much their groceries are costing them. It's one of the main reasons Joe Biden is doing so badly in the polls and former President Donald Trump is doing so well -- people can remember how things were better under Trump and know how much more they have had to pay under Joe Biden.
They weren't shy about letting Krugman know what they thought about his gaslighting.
amazing how the Anti-Krugman Price Index, which only includes the things you take out of price inflation measures, has risen twice as much as average earnings since 2020 pic.twitter.com/9Iljw7C2Zn
— Jonathan Newman (@NewmanJ_R) February 23, 2024
Krugman might be the only one left who believes in Bidenomics when all is said and done. pic.twitter.com/Y0xNFot9bX
— Drew Holden (@DrewHolden360) February 23, 2024
"OK, sure, but 𝘦𝘹𝘤𝘭𝘶𝘥𝘪𝘯𝘨 food, we are in massive deflation as all other prices are plummeting."
— Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 23, 2024
- RuPaul Krugman pic.twitter.com/ia93s6QXUn
The one reassuring fact in all this?
No matter how bad your life is, at least you can sleep well knowing you’re not Paul Krugman. https://t.co/xADuswuKAz
— Libertarian Mama 🔔 (@LibertarianMama) February 24, 2024
Related:
Paul Krugman's Hallucinatory NYT Op-Ed About Biden Is One for the Ages
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