Jamaal Bowman Pulls the Alarm: The NFL is 'Afraid' of Shedeur Sanders Because...
'Been Owed This for 5 Years'! Scott Jennings Calls Out Randi Weingarten's Lies...
Up Next for Dem Sen. Chris Van Hollen: Margaritas With Judge Dugan?
Massive Explosion Rocks Iranian Port of Bandar Abbas Causing Widespread Damage, Injuries (...
'This Is a Crime'! CNN Legal Analyst Throws a Wrench In Dems' Narrative...
Milwaukee Democrat Rep Encourages People to Obstruct ICE from Arresting Criminal Illegal A...
Scott Jennings Schools CNN Panelists on Why an Activist Judge’s Arrest Had to...
FOIA Revelation: Biden White House Labeled Libs of TikTok and Gays Against Groomers...
Ken Dilanian Loved Going After Trump but Thinks Arresting Judges Who Break the...
As More Activist Judges Get Arrested Let’s Remind Democrats that ‘No One Is...
Writer and Pop Culture Expert Says Draft Overlooking Shedeur Sanders is Like Whipping...
Epstein Accuser and Abuse Survivor Virginia Giuffre Found Dead by Suicide
Jamie Raskin is OUTRAGED that a Judge Could Face Justice for Allegedly Helping...
Kash Patel's 'No One Is Above the Law' Judicial Perp Walk Pic Is...
Guy Benson Questions 'Dill'-emma: Friend Ousted from Pickleball League Over Politics

Paul Krugman fires back at those mocking 2020 prediction by making the 'Biden Boom' even MORE boomy

You might remember when New York Times economic columnist Paul Krugman predicted after Donald Trump was elected president that the U.S. markets might never recover. The markets went on to set records.

Advertisement

Four years later Joe Biden was declared the winner of the 2020 election, and shortly thereafter Krugman made another bold prediction:

null

That included a prediction about a 2022 midterm possibility:

If I’m right, however, the peculiar nature of the coronavirus slump may give Democrats another big political opportunity. 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. And they should seize that opportunity, not just for their own sake, but for the sake of the nation and the world.

That certainly doesn’t appear to be what’s going to unfold in November, but in any case, Krugman is now defending his “Biden boom” prediction:

We’ll get back to that one in a second, but why is the economy in the shape it is? The “Biden boom” boomed too much:

Advertisement

Krugman also recently said we should ignore the two-quarter rule for defining a recession, a take that will likely change when a Republican is back in the White House.

The White House will applaud this take, but their approach has always been the same: To try and make people believe that jobs restored = jobs “created.”

Krugman’s got to know that… right? RIGHT!?

Advertisement

“The economy boomed too much under Biden” is quite the assessment.

***

Related:

Paul Krugman discusses how he managed to get inflation so wrong and manages to inspire even less confidence in his economic expertise

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement