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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on May 14, 2018, 09:54:13 AM
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https://www.politico.com/story/2016/11/krugman-trump-global-recession-2016-231055
LOL!!!!
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https://www.politico.com/story/2016/11/krugman-trump-global-recession-2016-231055
LOL!!!!
This is like Mons Venus predicting the stock market crash (repeatedly).
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This is like Mons Venus predicting the stock market crash (repeatedly).
Bond 007 and Straw seriously follow this muppet!!! ha ha ha!!!
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Bond 007 and Straw seriously follow this muppet!!! ha ha ha!!!
Figures.
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He made this statement one day after the election and pretty sure he walked it back but if we do go into a global recession next year I'm sure Trumptards will find a way to absolve him of any blame.
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He made this statement one day after the election and pretty sure he walked it back but if we do go into a global recession next year I'm sure Trumptards will find a way to absolve him of any blame.
So far he has been wrong . . . . . . . .
Krugfails' economic prognostications are worse than obama's
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Bump
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He made this statement one day after the election and pretty sure he walked it back but if we do go into a global recession next year I'm sure Trumptards will find a way to absolve him of any blame.
He hasn’t walked back shit that I know of. Do you actually think a leftist “economist” is going to give Trump credit for anything? Guarantee Trump knows more about economics than Krugman just from sheer experience alone....then add to the fact Trump also has a degree in Economics
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The law of averages says it will happen again, it just depends on who's holding the hot potato when it happens.
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The law of averages says it will happen again, it just depends on who's holding the hot potato when it happens.
Yup. The last recession ended 9 years ago next month. The longest period of economic growth was 10 years (the 90s). Here's to hoping we get more than 10 years before the next recession. :D
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https://www.berkshireeagle.com/stories/paul-krugman-kavanaugh-will-kill-the-constitution,549749
HA!!!!
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Isn't Krugman the one that said the Internet would have a smaller economic impact than the fax machine? ::)
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“I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it.”
― Paul Krugman
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How to invest wisely:
Listen to Krugman's recommendations. Do the opposite.
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“I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it.”
― Paul Krugman
That's either socialism or communism.
Krugman is a failure.
Has a nice teaching gig at Priceton where he can soil the malleable minds of today's over-achieving youth.
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BUMP!
HA HA HA HA HA!!!!!
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https://www.cnbc.com/2019/12/06/stock-market-november-jobs-report-in-focus-on-wall-street.html
;D
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Tax Reform Has Delivered for Workers: Two years later the data show that investment has increased, with wages and job participation rising.
Wall Street Journal ^ | December 22, 2019 | Gary D. Cohn and Kevin Hassett
Posted on 12/23/2019, 7:30:54 AM by karpov
It’s been two years since President Trump signed the Tax Cuts and Jobs Act into law. To the delight of supply-siders, the law contained significant marginal tax rate reductions for individuals and corporations. At the time there was lively debate concerning the likely economic impact of the bill, with opponents pointing to analyses that found little effect from the rate reductions. At the White House, where we worked at the time, we produced analyses that suggested economic growth would surge. On the second anniversary of the TCJA, the numbers are in, and our projections have been vindicated.
The view that the tax cuts would jump-start the economy was based on abundant economic literature examining how tax policy affects decision-making by businesses and individuals. On the corporate side, the tax cut reduced the cost of installing new plant and machinery by about 10%, suggesting that capital spending would jump by the same amount. This would increase the amount of capital per worker and drive up productivity and wages. President Trump emphasized the last point repeatedly, arguing that family incomes would increase by about $4,000 in three to five years, with blue-collar workers benefiting disproportionately.
This predicted increase in capital has materialized, and has translated into additional economic growth. In 2017 our calculations suggested gross domestic product growth would accelerate in response to higher capital spending, with the contribution of nonresidential fixed investment to real GDP growth rising to between 0.8% and 1% in 2018. The contribution of this type of investment to economic growth from the first quarter of 2018 to the fourth quarter of 2018 was right on target, at 0.8%. This wasn’t the existing trend. Capital spending was 4.5% higher in 2018 than pre-TCJA blue-chip forecasts, and this trend continued in 2019.
(Excerpt) Read more at wsj.com ...
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Paul Krugman: Always Wrong, Never in Doubt
https://news.yahoo.com/paul-krugman-always-wrong-never-173530058.html
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BUMP
ha ha ha ha
And libfaggets like the clown car here on GB wonder why no one takes them remotely seriously?
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BUMP
ha ha ha ha
And libfaggets like the clown car here on GB wonder why no one takes them remotely seriously?
Trump's defiance of Congress on EU auto tariffs is 'just plain illegal,' economist Paul Krugman says
business insider via yahoo ^ | 1/23/20 | Theron Mohamed
Posted on 1/28/2020, 12:42:33 PM by central_va
Paul Krugman slammed President Trump for threatening 25% tariffs on European vehicles and auto parts as they posed potential risks to national security.
The Nobel Prize-winning economist and New York Times columnist also criticized Trump's refusal to turn over to Congress a report about an investigation into the national-security risks.
"Pretty sure that's just plain illegal," Krugman tweeted. "Congress ... didn't make him a dictator free to set tariffs wherever he likes without even offering an explanation."
(Excerpt) Read more at news.yahoo.com ...
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I'm still baffled whenever I hear Krugman referred to as a "Nobel Prize-winning economist". I mean, I know he did win the Nobel Prize, but it's just so weird. It'd be like a typewriter winning the Nobel Prize in literature.
I have the same reaction whenever anyone mentions that Barack Obama was awarded the Nobel Peace Prize. But at least he had the decency to accept it on behalf of the United States.