Flashback: Moron Paul Krugman Says GDP Won’t Grow by 3%; Second Quarter Just Revised to 3.1%

Posted by on Sep 28, 2017 at 8:54 am

Reminder: If Paul Krugman predicts something, bet on the opposite.

U.S. second-quarter growth was revised up slightly without altering the bigger picture of a consumer- driven economy that also got a healthy contribution from business spending during the period, Commerce Department data showed Thursday.

Obviously with the hurrican damage there could be problems with Q3, but we’ll see about that. Meanwhile, let’s revisit former Enron adviser Krugman’s verbal vomit from March:

It’s just too easy:

krugman

H/T to DJ for the Krugman gem.

3 Responses to “Flashback: Moron Paul Krugman Says GDP Won’t Grow by 3%; Second Quarter Just Revised to 3.1%”

  1. ScienceABC123 on 28/28/17 at 10:24 am

    Another reason you don’t want progressives/leftists to run the economy. They have it backwards.

  2. John on 28/28/17 at 1:46 pm

    Why would anyone be surprised that Paul Krugman is wrong about economics? He hasn’t made a good call in well over a decade and that was probably by mistake or getting the decision from someone that actually knows about economics instead of his politics.