Everybody Rejoice! Paul Krugman Is Predicting
A Recession!
Posted By: RockyTCB, 5/22/2025 8:59:10 AM
If you want an accurate gauge of future economic conditions, look no further than Paul “Nobel-Prize-Winning-Economist” Krugman. He has a solid record of being exactly wrong, as the above quotations show. So, the fact that he is now predicting stagflation should give everyone a boost of confidence that we are headed for a second Trump boom. Krugman’s new prediction comes, in fact, just as signs are looking up. The stock market is back in positive territory since President Donald Trump took office, and is up 7% compared with a year ago. April’s jobs report beat expectations,
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If you want an accurate gauge of future economic conditions, look no further than Paul “Nobel-Prize-Winning-Economist” Krugman. He has a solid record of being exactly wrong, as the above quotations show.
So, the fact that he is now predicting stagflation should give everyone a boost of confidence that we are headed for a second Trump boom.
Krugman’s new prediction comes, in fact, just as signs are looking up.
The stock market is back in positive territory since President Donald Trump took office, and is up 7% compared with a year ago.
April’s jobs report beat expectations,
Should Federal Judges Have Power To Block
Presidential Actions? Most Voters Say
‘Yes’: I&I/TIPP Poll 47 replies
Presidential Actions? Most Voters Say
‘Yes’: I&I/TIPP Poll 47 replies
Federal judges have recently halted a number of President Donald Trump’s executive orders and White House initiatives, setting off a firestorm of debate over how far judges’ power should go. As it turns out, most Americans of virtually all political persuasions think that judges should have the power to delay a president’s moves, the latest I&I/TIPP Poll shows.
In its April 30-May 2 national online poll of 1,400 voters, I&I/TIPP posed the following statement and question: “Federal district judges are appointed by the president, confirmed by the Senate, and serve lifetime terms. There are currently 677 such judges in the U.S.
More Truth About Global Warming
21 replies
Media reports are laced with unsubstantiated claims that man is overheating his planet. Every time climate change is mentioned in a story, even features in a newspaper’s food or fashion pages, it is understood that humans are turning Earth into a muggy greenhouse by burning fossil fuel. No evidence is provided to corroborate the claim. Man-made global warming just is and skeptics are deplorables.
But the facts tell a different story.
Roy Spencer, a University of Alabama-Huntsville climate scientist, has determined that “65% of the U.S. linear warming trend between 1895 and 2023 was due to increasing population density at the suburban and urban stations;
Medicaid: End It, Don’t Mend It
4 replies
As soon as Republicans mentioned cutting spending on Medicaid as part of their “reconciliation” bill, the usual suspects started rolling out their standard talking points. They’re cutting health care for the poor to pay for tax cuts for the rich! Millions will lose coverage! The disabled will suffer! Oh, the humanity!
Well, if the GOP is going to be accused of destroying Medicaid when all they are proposing is a minor haircut, why not go all out and scrap this hopelessly flawed, fraud-riddled, budget-busting disaster of a program and start over from scratch?
First, let’s dispense with the claim of
Grinding Down The Great Green Grift
5 replies
For Democrats, green policies are a blunt object to be used for taking down capitalism and controlling the economy. They are also a magnificent vehicle for graft. It’s encouraging to see the Trump administration cracking down on the latter.
As his last days in the White House were nearing, Joe Biden, or whoever controlled his autopen, handed out $100 billion in loans and other financial commitments to bolster what’s been called the “Green New Deal wish list.” The funds were dispersed by the Energy Department’s Loan Programs Office in the 76 days after Kamala Harris lost the election. To understand how extraordinary and suspicious this was,
Not long after Michelino Sunseri, a professional mountain runner, finished a race across Grand Teton last fall, he found himself on the receiving end of a Justice Department criminal charge. His offense? Running on a closed trail, for which he could end up serving six months in jail.
We are not making this up.
Last Friday, President Donald Trump signed an executive order designed to prevent such gross abuses. It is one of the most important – and underappreciated – actions he’s taken.
The “crime” Sunseri committed wasn’t a federal law passed by Congress. It was a crime invented by the National Park Service – one of some 300,000
President Donald Trump has expended a lot of effort negotiating new tariffs with America’s trade partners. But will tariffs lead to lower income taxes and more factories at work in the U.S., as suggested? A plurality, though not a majority, of Americans say they will, and support them for that reason, according to the latest I&I/TIPP Poll.
With hot debate over tariffs ongoing and current talks with trade partners, tariffs have been in the media spotlight this year.
Seeking to find out how Americans see tariffs, the I&I/TIPP Poll posed the following statement to respondents: “President Trump recently stated that tariffs could lower or even eliminate income taxes
Back in March, unnamed “senior tax officials” told the Washington Post that the “rapid demolition of parts of the IRS” was going to result in a 10% plunge in revenues this spring.
Actual result: Revenues are up 9% compared with the first four months of last year.
We heard repeated horror stories about DOGE’s devastating spending cuts, too.
Actual result: Spending is up 7% over last year.
Are you noticing a trend here?
According to the Washington Post, “Senior tax officials are bracing for a sharp drop in revenue collected this spring, as an increasing number of individuals and businesses spurn filing their taxes
A university report published last month shows that more than half of those who identify as being left of center on the political spectrum believe assassinating President Donald Trump would be justified. This didn’t come about organically. It’s the product of a vicious campaign waged by the Democratic Party-mainstream media axis.
According to a Rutgers Social Perception Lab-Network Contagion Research Institute brief, 55.2% of Americans on the left “reported that if someone murdered Donald Trump, they would be at least somewhat justified.” Overall, 38.5% hold the same belief.
Trump, who has survived a pair of assassination attempts
Defund The United Nations
17 replies
The United Nations is running short of cash. This is not a crisis but an opportunity. Please rid us of this meddlesome, venal and baleful organization.
The Economist reports that “internal modeling” at the U.N. “suggests that the year-end cash deficit will, without cuts, probably blow out to $1.1 billion, leaving it “without money to pay salaries and suppliers by September.”
Apparently “some members are paying their bills late and others not at all” and it is the U.S. and China that “are pushing it to the brink of financial collapse.”
Who says the U.S. and Beijing have no common interests?
How did President Donald Trump do during his first 100 days (and counting) in office? By and large, American voters are sharply split, with Republicans strongly positive on Trump’s leadership, while both Democrats and independents remain mostly skeptical, the latest I&I/TIPP Poll shows.
Regarding presidential leadership, U.S. voters were asked: “Overall, is your opinion of Donald Trump generally favorable, generally unfavorable, or are you not familiar enough to say one way or the other?”
The online national poll, taken from April 30-May 2 by 1,400 adults, provided a muddled answer: Overall, 44% assessed Trump’s presidential
Mining Our Own Business
1 reply
Rare earth elements are crucial to our modern existence, as well as our advanced defense systems. China, America’s primary supplier of these metals, has restricted exports of rare earths into the U.S. in retaliation for the president’s tariffs on Chinese exports into the country. There’s no reason to panic, though. There’s a way to work around the problem, and it doesn’t require a minerals deal with Ukraine.
Rare earth elements are needed to make our cellphones, computer hard drives, flat-screen monitors and televisions, as well as life-saving medical equipment. They are in fact “indispensable metals in electronics manufacturing.”
Most Active Articles (last 48 hours)
St. Louis' Emergency Management Director
Placed on Leave After She Forgot to Sound
Tornado Alarm 23 replies
Placed on Leave After She Forgot to Sound
Tornado Alarm 23 replies
I have no idea how to comprehend this act of incompetence. Last Friday, severe storms rolled into St. Louis. A tornado touched down and struck the northern part of the city—and there were no warning sirens. The tornado alarm system was never activated. It wasn’t due to a computer glitch. It was human error: the emergency management director, Sarah Russell, essentially forgot to turn it on, but it gets worse: the staff wasn’t even in the office. Russell contacted the fire department to initiate the system, but this was a shambolic failure
In the last two and a half years, eight sitting members of the House or Senate have died in office. Every time, it's been a Democrat. Rep. Gerry Connolly of Virginia, the top Democrat on the House Oversight Committee, died on Wednesday at 75, after a battle with esophageal cancer. He's the third House Democrat to die in the last three months. If Democrats had gained a narrow 1 or 2-seat majority in 2024, they would have lost it by now. The streak of Democratic deaths could just be something of a coincidence. After all, there are plenty of elderly
Do Not Be Fooled by Iran: What They Really
Want Is to Destroy America, Israel Is
Just in the Way 18 replies
Want Is to Destroy America, Israel Is
Just in the Way 18 replies
The real nakba [catastrophe, for Palestinians] was that they started a war and lost it. Well, if you start a war, that is what can happen.
The Trump administration should beware of countries where the mouth says one thing but the legs do the opposite. Believe the legs. The Iranians and Palestinians have not given up their dream of eliminating Israel and America.
Iran's leaders do the same thing. Iranian President Masoud Pezeshkian reassures Americans that "We are not seeking war, we favor negotiation and dialogue." Meanwhile, Khamenei calls for the elimination of the "Zionist regime" and endorses "Death to America."
Canada is conducting "high level" talks with the United States over joining President Donald Trump's proposed "Golden Dome" missile defense program, Prime Minister Mark Carney said on Wednesday.
Trump announced his plans the previous day to develop the multilayered, $175 billion (€155 billion) system with ground- and space-based capabilities that can defend against a wide range of enemy weapons, like drones, hypersonic and cruise missiles, and intercontinental ballistic missiles.
The US President said he expected the missile shield to be ready by the end of his second term in 2029.
The suspect in the shooting of two Israeli embassy staffers at an event in Washington, DC, was apparently a member of a radical left-wing group that advocated on behalf of Palestinians. (Snip) Rodriguez attended a 2017 protest outside the home of then-Chicago mayor Rahm Emanuel as a member of the Party for Socialism and Liberation, according to the group’s Liberation newspaper. On Wednesday, the Marxist-Leninist group urged followers online to sign a pledge aimed at stopping Israel’s “genocide” against Palestinians. The 2017 protest was not thought to be tied to Emanuel’s Israeli heritage. According to a LinkedIn profile Rodriguez worked
Earlier this week, I made the case that Dr. Kevin O’Connor — Joe Biden’s longtime physician and former White House doctor — should be called to testify before Congress about his role in the cover-up of Biden’s obvious cognitive decline and now his cancer diagnosis. A growing number of medical experts agree that Biden’s condition didn’t just appear out of nowhere; it was likely known about for years. And now, we may finally be seeing the walls start to close in.
On Thursday, House Oversight Chairman James Comer ramped up his investigation into the deliberate and coordinated cover-up, not just of Biden’s mental and physical deterioration,
House Republicans Pass ‘Big, Beautiful’
Bill in Major Step Toward Delivering Trump’s Agenda 15 replies
Bill in Major Step Toward Delivering Trump’s Agenda 15 replies
House Republicans passed their sweeping “big, beautiful” bill early Thursday morning, overcoming opposition from several factions within the caucus and taking a major step toward delivering President Trump’s domestic agenda.
The bill passed 215 to 214, largely along party lines. Republican Representatives Thomas Massie of Kentucky and Warren Davidson of Ohio joined a united Democratic caucus in voting against the legislation. Republican Representative Andy Harris, chairman of the House Freedom Caucus, voted “present.”
The bill would extend the 2017 tax cuts, introduce new tax cuts such as Trump’s signature “no tax on tips”
Ed Martin’s nomination to serve as DC Attorney was nuked by Republican Sen. Thom Tillis (R-NC). He was in office on an interim basis. Trump selected Jeanine Pirro to replace Martin, who is now a pardon attorney and helming the Department of Justice’s weaponization task force. Martin is looking at Biden’s pardons, specifically the ones issued toward the end of his presidency. They might not be legal. It comes off allegations that Biden aides might have illegally used the autopen. President Trump has asked who was behind the autopen since it’s become clear that Joe Biden was not mentally cogent enough to know what was going on (via The Hill):
During the meeting, Trump played a compilation of Africans calling for the genocide of White Afrikaners after Ramaphosa told reporters that President Trump is wrong about the genocide and needs to “listen” to South Africans. .
The Gateway Pundit has reported extensively on the White genocide in South Africa.
Leader of the Economic Freedom Fighters party, Julius Malema, has infamously led chants and songs calling for White farmers to be murdered. The video that Trump played featured a compilation of Malema, calling to "shoot to kill" and "kill the boer, the farmer," and others calling for White farmer genocide in South Africa.
If you want an accurate gauge of future economic conditions, look no further than Paul “Nobel-Prize-Winning-Economist” Krugman. He has a solid record of being exactly wrong, as the above quotations show.
So, the fact that he is now predicting stagflation should give everyone a boost of confidence that we are headed for a second Trump boom.
Krugman’s new prediction comes, in fact, just as signs are looking up.
The stock market is back in positive territory since President Donald Trump took office, and is up 7% compared with a year ago.
April’s jobs report beat expectations,
WASHINGTON – A federal judge on Thursday temporarily reinstated hundreds of Education Department workers laid off by the Trump administration and blocked the president's executive order attempting to dismantle the decades-old agency.
District Court Judge Myong J. Joun, a Biden appointee in Boston, said the White House's decision to fire more than 1,300 workers in March has prevented the federal government from effectively implementing legally required programs and services.
If Democrats in Vacationland thought the censure of Rep. Laurel Libby would put an end to the education policy debate surrounding Title IX—and the participation of biological men in women’s sports—they’ve misread the moment, misread federal law, and badly misread their voters.
What was meant to silence dissent has only amplified it. What was supposed to end the debate has cracked it wide open.
In March, I wrote about how Democrats’ schizophrenic treatment of women’s sports—both existential and irrelevant, depending on the news cycle—was a political liability that helped cost them the 2024 election. Today, in Maine, that liability is becoming a full-blown revolt.