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Showing posts with label Paul Krugman. Show all posts
Showing posts with label Paul Krugman. Show all posts

Saturday, August 6, 2022

Supply Chain problems will persist

 

Brandon Smith at Alt-Market.us warns us that "Supply Chain problems will persist because the system is being sabotaged.  

. . . New York Times contributor Paul Krugman claimed that “no one saw this coming” when he was recently forced to admit that he was wrong on inflation. This is the same thing MSM economists said after the credit crash of 2008. It was a lie back then and it’s a lie now. Plenty of people saw it coming; we’ve been repeating our warnings for years, but they didn’t want to listen or they did not want us to be heard.

Krugman is perhaps the worst and most arrogant economist/propagandist in the US, and though he belatedly acknowledged the inflation and supply chain threat after arguing for the past two years that it was “transitory,” he now claims that the traditionally accepted indicators of recession “don’t matter” anymore and that there is no downturn. How many times can this guy be proven ignorant and still keep his job?

It’s this kind of disinformation that keeps the public in the dark on what is about to happen. Maybe it’s because of stupidity and ego, or maybe it’s a deliberate attempt to keep the population docile (I say it is deliberate), but in either case the American people are being put in great danger when it comes to the false narrative on inflation and the supply chain. The longer they are led to believe the disaster will simply go away on its own, the less time they have to prepare.

The bottom line is this: Things are only going to get worse from here on. Maybe slowly, or maybe quickly depending on a handful of factors.

Mr Smith concludes:

Stagflation and supply chain shortages are going to become the all encompassing issues of our era. They will be terms that are spoken about daily at every dinner table in America and probably through most of the world. These are dangers that were predicted extensively by the liberty media well ahead of time. They are NOT a surprise. And, there are plenty of institutions, corporate and government, that could have done something about them, but they chose not to. It’s important for people to accept the fact that this crisis is not a product of stupidity; it is a product of malicious motives and intent.

This is the Great Reset, Agenda 2030, Build Back Better, the New World Order.  All the same thing.  All deliberate destruction.  Better to be forewarned.  Read the full column here

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Thursday, January 18, 2018

Cartoon of the Day

Cartoonist Gary Varvel at Townhall:

image credit: Townhall 

Lots more laughs at the GOP website announcing winners of President Trump's 2017 Fake News Awards, starting with Paul Krugman. Link is here
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Friday, December 22, 2017

Conrad Black on “Trump’s Whirlwind Year”


Image credit: westernjournal.com

Conrad Black has a great wrap-up of Trump’s presidential campaign, election and first year as POTUS. He begins with Trump’s candidacy:
Trump was attacking the entire political establishment, the whole Washington sleaze factory, all factions of both parties, all the Bushes, Clintons, and Obama, the national media, the lobbyists, Wall Street, Hollywood, and the limousine Left from the Hamptons to Silicon Valley. Of course the Trump campaign was insane and impossible, and was doomed to be a ludicrous fiasco, a gigantic, comical clown act that misfired horribly.
On Election Night, Nobel prize–winning (for economics) New York Times columnist Paul Krugman said the stock market would “never recover” from the Trump victory. (It has set a new all-time high more than 90 times since.) . . .
This year [Trump] has won over the congressional Republican party, which had almost entirely opposed him, to toil in the enactment of his program. Together they have achieved the greatest tax reform and reduction in over 30 years, largely emasculated Obamacare, put a rod on the backs of those states that elect incompetents like Jerry Brown and the Cuomos and lay the resulting state income taxes off on the whole country, repatriated trillions of dollars of corporate profit, exonerated over half the people from personal income taxes, reduced the return of 80 percent of taxpayers to a postcard, and produced conditions for 4 percent GDP growth next year. . . .
Considering the sustained assault of 90 percent of the media, in which the normal honeymoon for a new president has been replaced by a daily media assassination squad, he has done well. 
The article is at the National Review website here.
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