The New York Times’ bumbling economics writer Paul Krugman continues to beclown himself the more he tries to defend the Bidenomics monstrosity.
Krugman took to X (formerly Twitter) to once again downplay the inflation crisis brought on by President Joe Biden’s off-the-rails spending and stimulus policies that helped send price hikes into overdrive. His new excuse? Biden’s inflation battle is similar to President Ronald Reagan’s.
“For people who say that Americans care about the level of prices, not the inflation rate, note that cumulative inflation under Biden so far is close to the number under Reagan. Which is why Reagan lost the 84 election in a landslide. Oh, wait.” No, you didn’t misread that. But as usual with Krugman’s takes, he left out crucial context that ended up obliterating his argument.
Manhattan Institute Senior Fellow Brian…
