In a recent opinion piece, Nobel laureate Paul Krugman lauded the Joe Biden administration’s economic performance. He also criticized the advice to downplay the success, stating that it would be a mistake.
What Happened: Krugman highlighted the success of the U.S. economy under Biden’s leadership. He pointed out that despite earlier predictions of a recession and prolonged high unemployment, the economy has thrived, reported The New York Times.
Krugman also noted that the administration’s careful messaging about the economy has been misconstrued as an attempt to deny the struggles of everyday Americans. He argued that there is ample evidence to suggest that most Americans’ negative views about the economy do not reflect their actual experiences.
He further pointed out that the recent survey by LendingTree, which showed that nearly 80% of Americans felt inflation had turned fast food into a luxury they …
Full story available on Benzinga.com
In a recent opinion piece, Nobel laureate Paul Krugman lauded the Joe Biden administration’s economic performance. He also criticized the advice to downplay the success, stating that it would be a mistake.
What Happened: Krugman highlighted the success of the U.S. economy under Biden’s leadership. He pointed out that despite earlier predictions of a recession and prolonged high unemployment, the economy has thrived, reported The New York Times.
Krugman also noted that the administration’s careful messaging about the economy has been misconstrued as an attempt to deny the struggles of everyday Americans. He argued that there is ample evidence to suggest that most Americans’ negative views about the economy do not reflect their actual experiences.
He further pointed out that the recent survey by LendingTree, which showed that nearly 80% of Americans felt inflation had turned fast food into a luxury they …
Full story available on Benzinga.com
In a recent opinion piece, Nobel laureate Paul Krugman lauded the Joe Biden administration’s economic performance. He also criticized the advice to downplay the success, stating that it would be a mistake.
What Happened: Krugman highlighted the success of the U.S. economy under Biden’s leadership. He pointed out that despite earlier predictions of a recession and prolonged high unemployment, the economy has thrived, reported The New York Times.
Krugman also noted that the administration’s careful messaging about the economy has been misconstrued as an attempt to deny the struggles of everyday Americans. He argued that there is ample evidence to suggest that most Americans’ negative views about the economy do not reflect their actual experiences.
He further pointed out that the recent survey by LendingTree, which showed that nearly 80% of Americans felt inflation had turned fast food into a luxury they …Full story available on Benzinga.com Read More2024 election, Biden, Bidenomics, Donald Trump, Joe Biden, News, Paul Kruger, Shivdeep Dhaliwal, Trump, Politics, Economics, News, Politics, Economics, Benzinga Economics
