Does anyone remember Paul Krugman?
The professor who was awarded a Nobel Prize in economics (for being wrong?) and a longtime provocateur/columnist at The New York Times.
Then he got fired.
Now he’s yesterday’s news, and so he sadly orbits around the blogosphere without much of an audience.
Krugman’s litany of economic fallacies and false predictions spans his more than 40+ year career.
He said the Internet’s impact on the economy would be no greater than the fax machine.
He says that the reason the South has surpassed the North in economic growth isn’t due to lower taxes, less regulation, or right-to-work laws in states like Florida and Texas, but rather “because of air conditioning.” Seriously! You can look it up.
He predicted that Donald Trump’s policies would cause a second Great Depression and that the stock market would crash and never recover.
Here’s what happened instead:
Over the years, he has been a serial critic of your HOTLINE editors. He writes columns with clever titles like “Moore Is Less” that accuse Steve of “incompetence” and “lying.” If you ever saw the Pink Panther movies, he’s like Chief Inspector Charles Dreyfus whose eye starts twitching every time Inspector Clouseau’s name is mentioned. Dreyfus is eventually placed in an insane asylum.
We bring all this back up now because Krugman’s eye is twitching again. After Steve’s recent meeting with President Trump in the White House, Krugman seethed in his social media post that our data is “all wrong” and that “Stephen Moore… may be the last person on the planet you’d trust to tell you the economic truth.”
Does that include Krugman himself?
We must be doing something right to still be making Krugman this unhinged after all these years!