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Thursday, November 18, 2021

Biden has NYT praising Trump

WARNING TO HEART PATIENTS!

The following post contains praise of President Donald John Trump from a New York Times columnist. People with heart conditions are urged to consult their physicians before reading further.

The New York Times seems stressed these days. The election of Biden as president has failed to usher in a reign of 1,000 years by the left. We are not through his first year yet, and it feels like the final legs of a second term when the opposition controls Congress and all your appointees are mailing out resumes.

Biden's accomplishments to date are:

  • Surrendering Afghanistan.
  • An invasion along our southern border.
  • Bidenflation.
  • Eating ice cream.

Only one of those accomplishments does not imperil every Democrat in Washington. And I left out the covid calamity, calling parents terrorists, empty store shelves, and proposed payments of $450,000 to illegal aliens. Democrats lost governor's races in ice blue New Jersey and Virginia (although they discovered enough ballots in New Jersey in the last moment to keep that governor's mansion Democrat).

NYT is in a panic.

Columnist Thomas Edsall wrote, "when Biden took office in January, the Bureau of Labor Statistics reported that the inflation rate was 1.4%; as of October this year, the rate had risen to 6.2%.

"Perhaps nothing better encapsulates the problems Democrats face than the price of gas at the pump, which has risen, in the nearly 10 months Biden has been in the White House, to as high as $4.21 a gallon in California, $3.94 in Nevada and upward of $3.60 across the Mountain West.

"And no one foreshadows the dangers ahead more succinctly than Larry Summers. In his Nov. 15 Washington Post column, Summers, a former secretary of the Treasury, warned: 'Excessive inflation and a sense that it was not being controlled helped elect Richard Nixon and Ronald Reagan, and risks bringing Donald Trump back to power.'"

Inflation coupled with empty store shelves may mean a quick exit for Biden.

As James Carville said, "It’s the economy, stupid. And that means inflation, the supply chain troubles and the inability of the Democrats to extend the social safety net in an incremental fashion."

But Biden also lost Afghanistan.

Stephen Ansolabehere, a professor of government at Harvard, said, the infrastructure bill may alleviate the hit on Bidenflation, but he added, "the hit from Afghanistan is going to be harder to reverse, as it was a judgment about the administration’s handling of foreign affairs."

Inflation + bad foreign policy = Jimmy Carter's fate.

Now, remember that warning at the top of this post? It begins in this next paragraph. Reader discretion is advised.

Another NYT columnist, Bret Stephens, took on the fallout from the Russiagate hoax.

He wrote, "This month’s bombshell indictment of Igor Danchenko, the Russian national who is charged with lying to the F.B.I. and whose work turns out to have been the main source for Christopher Steele’s notorious dossier, is being treated as a major embarrassment for much of the news media — and, if the charges stick, that’s exactly what it is.

"Put media criticism aside for a bit. What this indictment further exposes is that James Comey’s F.B.I. became a Bureau of Dirty Tricks, mitigated only by its own incompetence — like a mash-up of Inspector Javert and Inspector Clouseau. Donald Trump’s best move as president (about which I was dead wrong at the time) may have been to fire him."

Did you ever think NYT would allow anyone on its staff to praise President Trump?

I didn't either.

Stephens is the coyote caught in the trap. He's gnawing off his foot to escape.

Of course, Comey is not Inspector Clouseau. He is Lavrentiy Beria, who headed Stalin's secret police -- executing all enemies real or imaginary for the Great One.

Stephens wrote, "If you are a certain kind of reader — probably conservative — who has closely followed the Durham investigation, none of the above will come as news. But I’m writing this column for those who haven’t followed it closely, or who may have taken a keener interest in tales about Trump being Russia’s puppet than in evidence that, for all of his many and grave sins, he was the victim of a gigantic slander abetted by the F.B.I."

Translation: The jig is up and Stephens is not going to carry Biden's water any more.

Finally, I was amused by this story in the Epoch Times:

Paul Krugman, Nobel-prize winning economist and New York Times columnist, has conceded that his prediction that the inflationary wave now battering American households would be benign was wrong and he “didn’t see the current surge coming,” though he continues to see the upward price pressures as “transitory.”

Krugman made the admission in a series of posts on Twitter, which come days after Labor Department data showed consumer price inflation vaulted to an over-the-year 6.2% in October, the highest pace in nearly 31 years.

“I got inflation wrong,” Krugman wrote. “I didn’t see the current surge coming.”

Offering an explanation, Krugman said he “didn’t think the fiscal stimulus early this year would boost demand as much as Summers et al predicted,” he added referring to former Treasury Secretary Larry Summers, who was early to sound the alarm on the current bout of surging prices and has been a vocal critic of the Fed’s easy-money policies.

I remind readers that Krugman predicted a worldwide stock market crash on the night Trump was elected.

There are only two trades where you can be wrong all the time and still keep your job: economics professor and newspaper columnist.

Krugman is both. Biden is neither. NYT may not be bailing on Biden, but it sure is sending a strong warning to him.

53 comments:

  1. I remember during the Obama administration that economists and journalists regularly used the term "unexpected" when describing their reaction to the higher unemployment rate or the lower rate of GDP, or some other bit of bad economic news they would then try to spin.

    ReplyDelete
  2. There are only two trades where you can be wrong all the time and still keep your job:

    We might add climatologist and weatherman.

    ReplyDelete
    Replies
    1. Old NWS forecaster I knew said: "Thebest forecast you can give is: Partly to mostly, with a chance of." "Then nobody is mad at you or everyone is."

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    2. Economics professors and newspaper columnists are REQUIRED to be wrong. Being right mandates immediate termination.

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    3. God Invented Economists To Make Astrologers Look Good.

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    4. What is an economist?

      An accountant without the personality.

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    5. Paully should do "the RIGHT thing...and send back his Nobel Prize, so they could wash off the dirt and give it to someone who really deserves it.

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    6. Krugman is the most consistently wrong "Economist" of all time. Whatever he says, bet the opposite and you win every time.

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    7. Actually, There are only TGREE trades where you can be wrong all the time and still keep your job: economics professor, newspaper columnist, and GENERAL COUNSEL for CNN.

      Delete
  3. We laughed and sneered at the worthlessness of “social justice”, “gender studies”, “ whiteness and equity” degrees. Called them snowflakes and whining crying garbage babies. Joked who’s ever going to hire you. And all the while they were infiltrating every aspect of government and corporate America. From local school boards and county commissioners to federal bureaucracies and tech. It doesn’t matter who’s elected now. Republicans can win 150 seats next year. Take back the senate impeach the president and Vice President and nothing will change. Until every last one of these brainwashed communist brats are rooted out. Until schools and universities that teach their racist hate are defunded. Until federal bureaucracies are restored to their rightful constitutional apolitical offices protecting the freedoms of all Americans, there is no political solution

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    Replies
    1. true dat! The DC swamp must be completely blown up and scattered to the winds. For example, the Dept of Agriculture should consist of one old retired farmer sitting at a desk in the Eisenhower Office Building...his duties would consist of calling his buddies in the Midwest every now and then to ask: "how's it going?" That's about it as far as I'm concerned. Rinse and repeat with most of the other departments...all of which should have at most a desk in the EOB, though I guess the military can keep the Pentagon for now (though I hear it would make a damn good parking garage, but I digress)

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    2. Too bad the Founders didn't foresee the true extent that which corruption could take over the Congress or how big the federal government could grow too. I agree with you and have always thought that our biggest error was having the Capitol and virtually all agencies and departments located in the same place. Both from a military perspective as well as an efficiency perspective, they those agencies should have been scattered around the country. Now we are stuck with a beast so large we can no longer control it.

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    3. @reddog. They did... When asked what kind of government we have they replied "A republic, IF YOU CAN KEEP IT" Its up to US to actually DO SOMETHING about it, can't expect them to do it from the grave. They gave us the warnings AND the tools, do you want them to come fight our battles too? That shows how lazy "we" have become, and if we sit here and do nothing, "we" dont deserve this republic

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  4. Replies
    1. Absolutely correct. ANYBODY who disses the great Peter Sellers is gonna feel mah wrath!

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    2. That is what I have been SAYING, you idiot!

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    3. The MOST dangerous are the incompetents. They'll screw everyone up - even themselves - bc of it. (Robert Ringer, "Winning through Intimidation").

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  5. "Trump being Russia’s puppet than in evidence that, for all of his many and grave sins, he was the victim of a gigantic slander abetted by the F.B.I."

    In this kind of media mea culpa, they always inset an aside like "Trump's grave sins," never telling us what they are.
    That tells their leftist audience they haven't lost the faith.

    ReplyDelete
    Replies
    1. SO he could be a bombastic a**hole. And he tweeted mean tweets.

      He was right about the middle east. He was right about the southern border. He was right about China. He was right about the EU. He was right that the US tax code needed an overhaul. He was right they would eventually come for Lincoln, Jefferson and Washington.

      And he was right that they would eventually come for you.

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    2. I have always suspected the Trump was barely on the autism scale, in that he had laser focus and was always right.

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    3. The only thing that Trump was wrong about is that he assumed that everyone was as honest as he was.

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  6. Stephens authored a public resignation letter. Good.

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  7. Increase welfare all you want. When there is no food to buy having an ebt card will not matter. Riot and loot but what good is a flat screen when there are no munchies?

    ReplyDelete
    Replies
    1. Be smart, stock up, but keep it hidden if possible.

      Delete
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  9. I wonder if any of their readers will wise up.

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  10. Economics Department trueism: We're getting to the point where we will be able to accurately predict the past. The stellar exception: Milton Friedman.

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  11. I've always looked on Krugman as the lone purveyor of Religious Satire; the Left takes him as Gospel, and the Right as Comedy...

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  12. Krugman is a socialist. Socialism isn't economics.. it's grand theft.

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  13. I live in CA. I wish I could buy gas for $4,21 a gallon. Try $4.85 and that is on the cheap side. Over $5 most everywhere.

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  14. I live in CA. I wish I could buy gas for $4,21 a gallon. Try $4.85 and that is on the cheap side. Over $5 most everywhere.

    ReplyDelete
  15. I live in CA. I wish I could buy gas for $4,21 a gallon. Try $4.85 and that is on the cheap side. Over $5 most everywhere.

    ReplyDelete
  16. FYI - Weather forecaster is another trade where you can be consistently wrong and still keep your job. Just sayin'.

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  17. Recognition of failure by anyone in the MSM is a start.
    Don't hold your breath waiting for repentance or contrition. There maybe a substantial amount of retraction revision of past stories but the inspiration of destroying Trump lives on, even while we watch Biden do his very best to dismantle our nation at every level. Anyone willing now to trade off for some nasty tweets and too many superlative brags, for the inverse of every action and consequence of demented Biden's flawed at the best and EVIL at the worst leadership? Surely America with all its flaws can do better than Biden? Lets Go Brandon!

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    Replies
    1. I would like to point out that 90% of "America's flaws" originate or are created and nurtured on Capitol Hill.

      Delete
  18. When has Krugman ever been correct?

    The media, rank & file Dems, & probably most R's STILL have NO CLUE about the depth & breadth of Russiagate. Madcow should apologize & walk off the set in shame, never to return.

    ReplyDelete
  19. HOW BAD IS IT?

    From a past Surber item (02-12-21)

    "The New York Post reported, 'Read the column the New York Times didn’t want you to read."

    "Bret Stephens wrote a column..." spiked by the Times management, allegedly by Arthur Gregg Sulzberger...

    The DemoCommunists are in such deep sh*t, the Times now is allowing The Cuck (Bret Stephens) to publish his columns.

    ReplyDelete
  20. Krugman says " I got inflation wrong". NYT translation "My knees hurt. Can I get up now?".

    ReplyDelete
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    ReplyDelete
  24. The term “transitory" is safe for Krugman. It has no measurable boundaries or length. In my terms, its a "squishy" word for people who are never right about anything but don't want to be held accountable for it. Cue Paul Krugman.

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  25. The term “transitory" is safe for Krugman. It has no measurable boundaries or length. In my terms, its a "squishy" word for people who are never right about anything but don't want to be held accountable for it. Cue Paul Krugman.

    ReplyDelete
  26. Re: NY Times - You know when you're canoeing along a river and all of a sudden you realize you're heading for a waterfall and you start back-paddling frantically, but you still head towards the falls? Yeah that's the picture I see in my head when I think of the NY Times (you'd think they'd be proud that a New Yorker was president)

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  27. Trump's only failing was that he assumed that most people were as honest as he was.

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  28. Paul Krugman will always be an ass.

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  29. Democrats: You committed treason and stole an election for THIS? Really? Wow, what a mistake.

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