[Not the Onion] Nobel Prize winning economist says Bidenomics is working if you exclude food, energy, shelter, and used cars.
[Not the Onion] Nobel Prize winning economist says Bidenomics is working if you exclude food, energy, shelter, and used cars.
Bullshit prize winner in fake “science” says dumb thing, more at 11
Economists are the high priests of capital
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If you exclude everything the average American needs to survive, Bidenomics totally fixed the entire economy!
Every time Krugman opens his yap I experience the rage all over again from his gaslighting during Bernie's first run that was an obvious ploy for a position in Clinton's cabinet (that he probably would have got if she won). As bad as the Bond villain that was Steve Mnuchin was, I think there's a solid argument that Krugman could and would do much more damage as Treasury Secretary.
no more half measures walter
The GDP still looks really weird though (excluding money, nationality, assets and used cars).
"People murdered by Nazis ex Jews, LGBT, Leftists, Political Opponents, and the Disabled."
Well, if you just round up, everybody's a millionaire. Great work, Biden!
What is this fiction lmao 📉📈
You kids and your need for shelter and food. Back in my day we ate hats and slept under a bottle cap.
- Inflation and corporate opportunism causes goods and services to become wildly expensive.
- Discretionary spending collapses due to exorbitant costs, but essential consumption remains steady or increases.
- Cost of extraneous goods and services decreases due to reduced demand.
- Paul Krugman narrows CPI to exclude 50%+ of household consumption, focusing only on commodities with falling demand.
- Victory declared.
"You know, if you exclude goals scored, my team won!"
: "Please, I just want a house. I'm willing to pay for it and everything, but why are your asking for a million dollars for each?"
: "Awww, look at the dumb naive kid who doesn't understand that it's just a sign the economy is going well, you wouldn't want to hurt ThE eCoNoMy, would you?"
