Up From The Memory Hole

31 Replies to “Up From The Memory Hole”

1. It’s truly amazing how so many on the Left hail Paul Krugman as a brilliant economist.

   1. Yeah,when is Krugman ever right about anything? he has a damned near perfect record of being wrong.

      1. Hey, he got a Nobel Prize for economics, so that makes him a genius!

         1. And Obama got a Nobel as well, for doing nothing. Looks like he is also a genius. The Nobel has become meaningless.

      2. You can make money acting on the opposite of whatever he says.

      3. He once was insightful, but about 25 years ago, his wife more or less p-whipped him into backing whatever leftist lunacy-du-jour one was mean to support.

2. I guess you missed the real GDP growth of 5.6% in 2021? Trump never hit that.

   1. We did get the fact you’re a nitwit.

   2. alla ASSHOLE
      Try context some time. With things almost completely shut down, and then opened, yup there will be good growth. But it could have, should have been a lot higher than that.

      1. Both points are possibly true, but the doom and gloom some predicted didn’t happen either.

   3. GDP had shrunk 3.4 percent in 2020. Imagine being Allan S and being wrong about every single topic. Sad.

      1. I’m sorry what? Re read your post.

   4. Sure, GDP recovered a little, once our masters realized they needed the tax revenue and condescended to let some businesses re-open.

      The problem now is that the people needed to bring the US economy back to Trump-era performance had taken Wuhan flu as their cue to retire or go Galt.

      They aren’t coming back no matter how much bank-confetti is thrown at them—not while Biden’s puppet masters still walk the streets free men, anyway.

      Starting a land war in Europe and starving the economy of energy didn’t help matters.

      1. “Recovered a little”

         Real GDP growth for the year 2021 was higher than any year 2017-2020

         1. And now GDP is contracting. Try and keep up.

   5. Was that before or after the 15% inflation?

      1. Real GDP means post inflation.

   6. 5.6% GDP “growth”..?? BULLSHIT.
      As is 100% of your Garbage ramblings

      Real easy to do when the economies of the West were PURPOSELY Destroyed and now trying to come back to some semblance of normality.

      But once a manure spreader – always a manure spreader eh ALLEN.??

3. They’re still working on it.

4. The Paul Krugman who was or still is thinking that if the government spends 1 dollar the country will get 1.5 or even 2 dollar back in economic activity? Paul Krugman has apparently rediscovered the ponzi scheme and passing it off as great economic wisdom.

   https://www.youtube.com/watch?v=h3WRs06j_XU

5. Well, that didn’t age well, didn’t it?

6. Krugman is currently arguing that contrary to all evidence, the Chinese are not done lending money to the western globalists at absurdly low rates, and the Fed won’t have to raise rates THAT much to bring inflation under control.

   Certainly not to levels making it impossible to finance a land war in Europe.

7. Krugman confuses economist with communist. The words rhyme and nothing else. A true economist looks at alternatives with limited resources and compares the upsides and downsides of each. A communist is a one track mind that thinks it can exploit infinite supplies of proles. Communists don’t care about the downsides.

8. I was laughing too hard to read the whole thing. I’m surprised that article hasn’t been burned & stuffed down the memory hole.

9. If a person had taken every recommendation Krugman ever made and wagered $10,000 on the opposite they would be extremely wealthy. Like Bill Gates wealthy.

10. hahahaha from the story……

    There’s a pretty good chance that they’ll be able to run in the 2022 midterms as the party that brought the nation and the economy back from the depths of Covid despond……

    I’m pretty sure whatever smarts this dude once had has been replaced with a nasty case of TDS, brought on by looking at life through the prism of a liberal.
    Empty, nothing inside, and still they see rainbows.

11. Meanwhile, Russia just defaulted on its debt.

    1. Pretty sure it’s deliberate. They are already cut off from western capital markets so I don’t know what they have to gain from making payments. They’re practicing Krugmanomics.

12. If Krugman said it, sell everything.

13. Has he very been right? Seriously. A coin flip is better than this clown.

14. The Biden BOOM for leftist grifters.. Everybody else got the shaft.. Trump chummed the waters with possible defunding and they went into a feeding frenzy.. This situation started the moment he took office and it did nothing but build into the contested election..
    Joe got 81 million votes.. The most in history.. Who cheated?.. Hard to say considering he was swarmed.. Trying to sort a death of 1000 cuts is beyond our attention span.. You cant audit that..

    The unnecessary show trial over Jan 6th is nothing but paranoia on display.. They simply cant let it go for fear that the agenda will turn on them.. IMO they are dirty as can be..