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This “meeting of the minds” was just what you’d expect — a couple of idiot Biden apologists chatting.
The Useful Idiots are going to continue to insist that the country isn’t in a recession even though we’ve used two consecutive quarters of negative growth to define a recession for nearly 50 years.
The left is trying to redefine what a ‘recession’ is to protect Biden.
As the media rushes to do the same, let’s remember the times they had the definition correct.
Read more: https://t.co/ZXdy7nBpvL pic.twitter.com/I7UYP08y8u
— MRCTV (@mrctv) July 26, 2022
CNN’s Brian Stelter had Paul Krugman, the Nobel Prize-winning economist, perpetually wrong New York Times columnist, and Trump Derangement Syndrome sufferer, on his ironically-named show, Reliable Sources.
Stelter giddily introduces his guest and tees him up (with a girlish giggle) to dismiss the idea that the country is in a recession.
If you can believe it, it got even dumber than that. He says that it’s “partisanship” that is causing all the recession talk and not the six consecutive months of decline in GDP.
Here’s a slightly longer clip posted by Grabien’s Tom Elliott.
CNN’s @brianstelter: “Can we dispense with the recession debate? Are we in a recession, and does the term matter?
Former Enron adviser @PaulKrugman: “No, we aren’t and no, it doesn’t.” pic.twitter.com/jgioebaJZO
— Tom Elliott (@tomselliott) July 31, 2022
Krugman goes on to say that people are “pretty upbeat” about their personal financial situation but concerned about the economy and that this is a failure of the media.
No, really he said that.
Krugman: “If you ask people, ‘How are you doing?’, they’re pretty upbeat … If you ask people ‘How is your financial situation?’, it’s favorable. If you ask them, ‘How is the economy?,’ ‘Oh, it’s terrible.’ That’s a media failing.” pic.twitter.com/90LLYpjZKT
— Tom Elliott (@tomselliott) July 31, 2022
Tell me you don’t talk to anyone outside of your lib media bubble without telling me that you don’t talk to anyone outside of your lib media bubble.
He doesn’t seem to know anyone that is having difficulty making ends meet with high gas prices, groceries costing more, and interest rates increasing.
That claim that gas prices have been “going down” is just ridiculous. It’s still roughly double what it was when Biden took office and throughout the Trump presidency, so… shut up, Paul!
But he won’t shut up, even though he’s been wrong about so very many things — and in the pages of the New York Times, to boot!
Krugman on why he got inflation wrong: “Some of it is stuff clearly no economist could have forecasted. I didn’t know Vladimir Putin was going to invade Ukraine. External events. It does appear the U.S. economy is – a, has a smaller productive capacity than we thought.” pic.twitter.com/LxmiK8JMv1
— Tom Elliott (@tomselliott) July 31, 2022
Krugman said that he tries to admit when he’s wrong. Oh, really?
Did he admit that he was wrong about this doozy from November 2016?
Or this tweet?
Hard to predict if a recession is coming — but easy to predict Trump team’s response if it does:
1. It’s fake news disseminated by the deep state
2. It’s the Fed’s fault
3. It’s China’s fault
4. It’s Ilhan Omar’s fault
5. Cut taxes on the rich! 3/— Paul Krugman (@paulkrugman) August 16, 2019
What about this one?
No? Weird.
Speaking of being wrong about so many, many things, Krugman steps outside the topic of economics to dispel some of the “dystopian myths” about America. The 2020 George Floyd riots weren’t so bad according to Krugman. Oh, and the increase in crime isn’t a big deal, either.
Krugman on “dystopian myths” about America: “The #BlackLivesMatter demonstrations … People thought Manhattan would burn to the ground … Yes there was some arson & looting, but really not much for a country the size of U.S. [N.Y.] is not a burned-out shell. It never happened.” pic.twitter.com/vSEbfa7yF2
— Tom Elliott (@tomselliott) July 31, 2022
Californiaites and New Yorkers have been fleeing their states in droves. Do you think that rising crime rates have nothing to do with that?
Krugman is so out of touch.
The segment was widely mocked on Twitter.
Watching them so brazenly re-define how they have always used “recession,” and then Paul Krugman adding it doesn’t matter if we’re in one or not (it doesn’t matter for him), all to protect the Biden WH, is a new level of audacity no matter how low your opinion of them already is: https://t.co/G7UMBgU7Ix
— Glenn Greenwald (@ggreenwald) July 31, 2022
“None of the usual criteria that **real** experts use says that we are in a recession.” – Prof. @paulkrugman
Have you dealt w/ economics professionally as an academic from another field? If not, it’s exactly like this: “Reason, fact, analysis, total bullshit, fact, a lie, fact.” https://t.co/0Rj4NaAQ5a
— Eric Weinstein (@EricRWeinstein) August 1, 2022
Steve Cortez asked where Krugman found these people that are “favorable” about their financial situation.
Where is Krugman finding these “people” who are “favorable” on their financial situation?
The private aviation terminal at Teterboro? https://t.co/HR1KMR20sR
— Steve Cortes (@CortesSteve) July 31, 2022
Columnist David Marcus had an idea…
Krugman apparently did a small survey of voters in the caviar aisle of Citarella, in East Hampton. https://t.co/FhBAmhwneh
— David Marcus (@BlueBoxDave) July 31, 2022
But really, we all know that he’d be shouting “Recession” from the rooftops if the Bad Orange Man was still President.
If Trump was still President, Krugman would definitely be saying it’s a recession… https://t.co/1FGZDPoM4c
— Piers Morgan (@piersmorgan) July 31, 2022
How it started. How it’s going. pic.twitter.com/vuxhTzXhSs
— James Lindsay, America’s top Christian nationalist (@ConceptualJames) August 1, 2022
“Now we’re in a recession” – Paul Krugman, January 21st, 2025.
— Stephen L. Miller (@redsteeze) July 27, 2022
Paul Krugman told Brian Stelter that we aren’t in a recession today on his show… what’s next, is he going to have a guest come on to tell him he also isn’t fat and bald?
— Tim Young (@TimRunsHisMouth) July 31, 2022
Maybe. Here’s how he teased the Krugman segment.
NYTimes, 6/1/2020: “By morning, the devastation in Manhattan was unlike anything New York had seen since the blackout of 1977. Block after block of boutiques in the Flatiron district had their windows shattered and’ their goods looted.”
cc: @paulkrugman https://t.co/xY9a6VE1h0 https://t.co/sFarLVcETD
— Jeryl Bier (@JerylBier) July 31, 2022
By the way, this is how Stelter teased his Krugman interview –> pic.twitter.com/e2JZu0dyXz
— Tom Elliott (@tomselliott) August 1, 2022
They can try gaslighting, but it’s still the economy, stupid.
Even former Obama administration officials are calling out the Biden administration for trying to redefine what a recession is. pic.twitter.com/8ynQ7S99AT
— MRCTV (@mrctv) July 28, 2022
The midterms are coming up and this is what the Biden admin and the Regime Media are going with.
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This is a great gift for the prayer warriors. Real. Raw. Relevant.
