Commentary: ‘Economist’ Krugman’s Accounting of the National Debt is Jailworthy

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.

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Commentary: When Wish Replaces Thought

Don’t you just love Paul Krugman? One of loudest of the many anti-Trump hysterics employed by the New York Times, the former economist has been a reliable source of comedy at least since election night 2016. Once the worst was certain and the world learned that Donald Trump had indeed been elected president of the United States, Krugman pondered the markets, which had plunged overnight. “When might we expect them to recover?” he asked. “A first-pass answer is never . . . So we are very probably looking at a global recession, with no end in sight.”

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