I guess he didn't get the fax
“why didn’t i see the thing i am literally paid not to see,” asks man who thought the internet was a fadhttps://twitter.com/paulkrugman/status/1459940021599887361 …
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He’s also confusing demand with lack of supply.
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Someone needs to start a fund that just bets against him
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Social justice warriors pretending to be economists are always the last to know
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“I didn’t see labor shortages happening during a pandemic” says noted labor economist
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And to be clear: it is totally cool to get stuff wrong. As long as you don’t spend your time on Twitter haranguing people who get stuff wrong.
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Prominent people admitting they got something wrong is too rare in our world. It should be celebrated, not mocked.
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i would celebrate the admission if i thought he ever truly believed the surge wasn’t coming. but that’s not the case. he’s not an economist anymore. he hasn’t been an economist for many years. he works for the party.
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Fannie and Freddie did nothing wrong!
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Did he think it was a fad or did fax machines have a bigger impact then what you give him credit for?
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