Krugman’s Accounting Of The National Debt Is Criminal

James D. Agresti February 18, 2023

The national debt has risen at a blistering pace over recent decades and is now higher than any era of the nation’s history — even when adjusted for inflation, population growth, and economic growth (GDP).

Denying this reality, Nobel Prize-winning economist Paul Krugman recently wrote two columns for the New York Times in which he claimed that the debt is an “overhyped issue” and “isn’t all that unusual” from a historical perspective. His attempts to support these assertions employ the kind of fraudulent accounting that could land a corporate executive in jail............To Read More....

Krugman: ‘We Can Print the Money’

By Melanie Hunter January 31, 2013

 (CNSNews.com) – Liberal economist and New York Times columnist Paul Krugman said Wednesday that the U.S. is not in danger of a collapse, and the U.S. won’t run out of cash because “we can print the money.”

“The United States is a country that has its own currency – can’t run out of cash, cause we print the money. If you even try to think what would happen – suppose that investors get down on the United States. Even so, that would weaken the dollar, not send interest rates soaring, and that would be good. That would help our exports,” Krugman said on C-SPAN’s “Newsmakers.”

Krugman was asked whether he thought the U.S. was “in danger of a collapse, a stall, a crisis.”  “No, there’s a whole bunch of reasons why that’s not true. First of all… that trillion dollar deficit is overwhelmingly the result of a depressed economy, and when the economy’s depressed, it’s good to run a deficit. You don’t want the government to try and balance its budget right now,” Krugman said.....To Read More.....  

Krugman Fails Climate Science 101 - Economist Paul Krugman took to the pages of The New York Times on Sunday in order to regurgitate Sierra Club talking points regarding global warming and to castigate the Republican Party for being “anti-science.” As Roger Simon noted, like just about everybody else writing about the issue, Krugman doesn’t bother to explain or understand the science or the nature of the robust scientific debate that has been going on for some time. Instead, he relies on the Left’s preferred method for analyzing scientific issues: a moistened finger held up to the wind.