{"id":2069151,"date":"2023-10-16T15:47:02","date_gmt":"2023-10-16T19:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nyt-columnist-says-war-on-inflation-is-over-if-you-exclude-everything-people-need-to-live\/"},"modified":"2023-10-16T15:48:53","modified_gmt":"2023-10-16T19:48:53","slug":"nyt-columnist-says-war-on-inflation-is-over-if-you-exclude-everything-people-need-to-live","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nyt-columnist-says-war-on-inflation-is-over-if-you-exclude-everything-people-need-to-live\/","title":{"rendered":"NYT Columnist: &#8216;War on Inflation Over&#8217; &#8211; Unless You Ignore Essential Necessities"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnyt-columnist-says-war-on-inflation-is-over-if-you-exclude-everything-people-need-to-live%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2069151&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>NYT Columnist Says &#8216;War on Inflation Is Over&#8217; &#8211; if \u200dYou Exclude \u2063Everything \u2062People Need to Live<\/h2>\n<p>America\u2019s credentialed class\u2062 continues to beclown\u2064 itself.<\/p>\n<p>On Thursday, New York Times columnist and (drum roll, please) Nobel Prize-winning economist Paul Krugman\u2064 posted an\u2064 absurd \u2064\u201cMission Accomplished\u201d-style \u200ddeclaration of\u2062 victory over\u2064 rising prices.<\/p>\n<p>\u201cThe war on inflation is over. We won,\u200b at \u200dvery \u200blittle cost,\u201d Krugman said on the X <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-new-acting-attorney-general-jeff-rosen-recently-wrote-an-essay-on-foreign-influence-in-us-elections-this-tells-us-a-little-about-his-knowledge-of-whats-going-on-today\/\" title=\"The New Acting Attorney General Jeff Rosen Recently Wrote an Essay on Foreign Influence in US Elections \u2013 This Tells Us A Little About His Knowledge of What\u2019s Going On Today\">social media platform<\/a>.<\/p>\n<p>His \u2063accompanying graph, however, told a\u200c different\u2064 story.<\/p>\n<p>Krugman\u2019s graph had the following title: \u201cCPI ex food, energy, shelter and used cars.\u201d<\/p>\n<p>In other words, he declared victory over <a href=\"https:\/\/www.westernjournal.com\/inflation-surges-expectations-new-bureau-labor-statistics-report\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a> based on a graph of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-every-senator-thinks-minimum-wage-should-be-increased\/\" title=\"Manchin: Every Senator Thinks Minimum Wage Should Be Increased\">consumer price index<\/a> that excluded those four \u2063items, at \u2063least\u200c three of which qualify as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/swamped-with-illegal-aliens-maine-city-asks-for-donations\/\" title=\"Maine City Requests Funds After Being Swamped With Illegal Aliens\">basic human necessities<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The war on\u2062 inflation is over. We won, at very little cost <a href=\"https:\/\/t.co\/opumf3nEvL\">pic.twitter.com\/opumf3nEvL<\/a><\/p>\n<p>\u2014 Paul Krugman\u2062 (@paulkrugman) <a href=\"https:\/\/twitter.com\/paulkrugman\/status\/1712494317024026761?\">October 12,\u200b 2023<\/a><\/p>\n<\/blockquote>\n<p>Understandably, Krugman\u2019s post received \u201cadded context\u201d via X\u2019s \u201cCommunity Notes\u201d \u200dfeature.<\/p>\n<p>\u201cThe \u200dexclusion of \u200dfood, shelter, energy, and used cars\u2064 is misleading. All prices included in CPI shows year\u200b over year inflation at 3.7% as \u2062of September 2023,\u201d the note read.<\/p>\n<p>Krugman suffered \u2062additional chastisement and some well-earned mockery from \u2062a number of prominent\u2064 conservative accounts.<\/p>\n<p>\u201cThis\u2063 is fantastic\u2062 news for all Americans\u2064 who don\u2019t need food, a place to live, or fuel &#038; electricity. (Note the subtitle on Krugman\u2019s chart),\u201d Washington Times \u2063columnist and former \u200c <a href=\"https:\/\/www.westernjournal.com\/biden-accidentally-pitches-trump-led-united-states-flounders-60-minutes\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> 2020 communications director Tim\u200b Murtaugh posted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is fantastic\u200c news for all Americans who don\u2019t need food, a \u200bplace to live, or fuel \u200d&#038; electricity.<\/p>\n<p>(Note the subtitle on Krugman\u2019s chart)<\/p>\n<p>\u2014 Tim Murtaugh (@TimMurtaugh) <a href=\"https:\/\/twitter.com\/TimMurtaugh\/status\/1712504285592764910?\">October 12,\u2062 2023<\/a><\/p>\n<\/blockquote>\n<p>Unusual Whales, a financial site with 1.4M followers on X,\u200b blasted Krugman for obvious intent to deceive.<\/p>\n<p>\u201cYou excluded everything\u200d people needed \u200bto \u200blive.\u2062 Come on, Paul,\u201d it said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">You \u200dexcluded everything people needed to live.<\/p>\n<p>Come on, Paul.<\/p>\n<p>\u2014 unusual_whales (@unusual_whales) <a href=\"https:\/\/twitter.com\/unusual_whales\/status\/1712526765292401021?\">October 12, 2023<\/a><\/p>\n<\/blockquote>\n<p>Not the Bee, the nonsatirical \u2063sister \u2063site of the Babylon \u200cBee,\u200c advised Krugman on how \u2063to \u200dfollow best practices for \u2063deception.<\/p>\n<p>\u201cDude if \u2062you\u2019re \u200cgoing \u200bto cook your numbers at least put it as a \u2064footnote \u2062instead of in the title\u200c of the\u2064 graph,\u201d it \u2064said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Dude \u200dif you\u2019re \u2063going to cook your numbers at \u2062least put it as\u200d a footnote instead of in the title of the graph<\/p>\n<p>\u2014 Not the\u2064 Bee (@Not_the_Bee)\u2062 <a href=\"https:\/\/twitter.com\/Not_the_Bee\/status\/1712570150686277766?\">October 12, 2023<\/a><\/p>\n<\/blockquote>\n<p>Former <a href=\"https:\/\/www.westernjournal.com\/actor-flees-california-get-land-ridiculousness\/\" target=\"_blank\" rel=\"noopener\">California<\/a> congressional\u200d candidate David Giglio thought Krugman\u2019s \u200down\u200b account might be a parody.<\/p>\n<p>\u201cAhahahahahahaha this can\u2019t be a \u2063serious post. Literally excluded the 3\u200c most important things,\u201d\u2063 Giglio posted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Ahahahahahahaha this \u200bcan\u2019t be a serious post. Literally \u200bexcluded the 3 most important things.<\/p>\n<p>\u2014 David Giglio (@DavidGiglioCA) <a href=\"https:\/\/twitter.com\/DavidGiglioCA\/status\/1712540022921114048?\">October 12, 2023<\/a><\/p>\n<\/blockquote>\n<p>Another user took a shot at Krugman\u2019s credentials and suggested other motives, saying, \u201cPaul Krugman \u2062is NOT an economist. He is an unabashed propagandist for \u200cthe <a href=\"https:\/\/www.westernjournal.com\/bidens-got-big-problem-home-state-2024-wont-simple-thinks\/\" target=\"_blank\" rel=\"noopener\">Biden<\/a> regime.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Paul Krugman is NOT \u200can economist. He is an unabashed propagandist for the Biden regime.<\/p>\n<p>\u2014 Shawn Quinn (@ShawnQuinn83) <a href=\"https:\/\/twitter.com\/ShawnQuinn83\/status\/1712503579309949406?\">October\u200d 12, 2023<\/a><\/p>\n<\/blockquote>\n<p>Apparently, the criticism made \u2063Krugman think\u200b twice about staking his credibility on a deceptive graph.<\/p>\n<p>\u201cI \u200dwas too\u2062 flip\u2063 here. I\u2019ve been using this particular\u200b measure for a while, so \u200dwant to \u200cbe consistent. \u200dBut it has flaws \u2064(medical\u2064 insurance\u2063 too\u200d optimistic). But almost every measure now <3 percent. 1\/,\u201d Krugman posted\u200b a day later.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I was too flip here. I\u2019ve been \u2064using this particular\u200c measure for a while, so want to be consistent. But \u2062it has flaws (medical insurance too optimistic). \u200dBut almost \u200cevery measure now <3 \u200bpercent. 1\/ <a href=\"https:\/\/t.co\/fNN1dM42JC\">https:\/\/t.co\/fNN1dM42JC<\/a><\/p>\n<p>\u2014 \u2063Paul Krugman (@paulkrugman) <a href=\"https:\/\/twitter.com\/paulkrugman\/status\/1712755744322257334?\">October\u200c 13, 2023<\/a><\/p>\n<\/blockquote>\n<p>\u201cToo\u200b flip\u201d does\u2063 not\u200c describe the\u200d real problem with Krugman\u2019s original post.<\/p>\n<p>For one \u2064thing, the economist betrayed a ruling-class elitism \u200dwith which Americans have\u200c grown too\u200b familiar. No one who has endured financial hardship would ever dream of claiming victory over <a href=\"https:\/\/www.westernjournal.com\/key-inflation-metric-moves-wrong-way-new-govt-report-combines-income-stagnation-fuel-debt-spiral\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a> while excluding basic necessities. That \u2063showed a lack of self-awareness that only comes with true privilege.<\/p>\n<p>Second, Krugman clearly intended to deceive \u2062anyone who saw his graph. He wanted\u2064 people to \u200dbelieve that\u2064 it told a positive story when in fact it told the opposite.<\/p>\n<p>The\u200b graph\u2019s headline should have produced something like the following explanation: \u201cIf you have disposable income, things look better for you than \u2064they once did. \u200bBut if you happen to be poor, things keep getting \u2064worse.\u201d<\/p>\n<p>Krugman, however, did not explain his graph\u2019s\u2063 true\u200b meaning.\u2064 He even left \u200c\u201cex\u201d\u2064 as \u2062a shortened \u200bversion\u2064 of \u201cexcluding,\u201d\u200c which made it\u2062 seem that he intended the exclusion of necessities to pass unnoticed. He knew, of course, \u200dthat the latter term would\u2064 not convey the propaganda he intended.<\/p>\n<p>Perhaps worst \u2062of all, Americans no longer trust so-called <a href=\"https:\/\/www.westernjournal.com\/thomas-sowell-wisdom-2010-explains-experts-bungled-covid-pandemic\/\" target=\"_blank\" rel=\"noopener\">experts<\/a> like Krugman.<\/p>\n<p>The saddest thing about\u2064 this development is that most Americans want to believe the people whom their institutions represent\u2064 to them\u200c as \u200cauthorities. Americans want to believe those \u200cauthorities because, above\u2064 all, they want to believe \u2063in merit.<\/p>\n<p>Indeed, Americans would not have spent the \u200clast two centuries building colleges and universities if\u200b they did not venerate knowledge.<\/p>\n<p>Krugman and too many other experts, however, lack \u200chonesty \u200cand humility, rendering their credentials meaningless.<\/p>\n<p>Small wonder \u200dthat so\u2064 many Americans have \u2064stopped believing them.<\/p>\n<hr>\n<h3>A Note \u2064from Our Founder:<\/h3>\n<p>Every morning, we at The Western \u200bJournal wake up and pursue our mission of giving you the important information \u2064you need about what\u2019s happening in America.<\/p>\n<p><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><b>We can\u2019t do that without your \u2063help<\/b><\/a>.<\/p>\n<p>America\u200c has been on the\u200b receiving end\u200b of \u200bfalse \u200bnarratives. The purpose of these false\u2062 narratives is\u2062 to \u2063make \u200byou feel powerless.\u2064 The Western Journal empowers you by breaking \u200bthese false narratives.<\/p>\n<p>But I wouldn\u2019t be honest \u2062with you today if I\u2064 didn\u2019t let you\u200d know that the future of The Western\u2064 Journal is \u200din jeopardy <a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><span style=\"font-weight: 400\">without your help<\/span><\/a>.<\/p>\n<p>Silicon Valley\u200b and the Big Tech \u2062tyrants have \u2064done everything\u200d they can to put The Western Journal out of \u200bbusiness. Our \u2064faithful donors and subscribers have \u200bkept us\u200c going.<\/p>\n<p>If you\u2019ve \u200cnever chosen to donate, let me be honest: <a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><span style=\"font-weight: 400\">We need your help\u2063 today<\/span><\/a>.<\/p>\n<p>Please don\u2019t wait one \u2064minute. <a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><span style=\"font-weight: 400\">Donate right\u200c now<\/span><\/a>  \u2013 our situation in America is dire.\u200c Our country hangs \u2062by a thread, and The Western Journal stands for truth in \u200dthis difficult time.<\/p>\n<p><b>Please stand with us by donating\u2063 today.<\/b><\/p>\n<p><b>Floyd G. \u2062Brown<\/b><\/p>\n<p>Founder of The Western Journal<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/nyt-columnist-says-war-inflation-exclude-everything-people-need-live\/\">NYT Columnist Says &#8216;War on\u2062 Inflation Is Over&#8217; &#8211; if \u2063You\u2062 Exclude Everything People Need to\u2063 Live<\/a> appeared\u200c first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western \u2064Journal<\/a>.<\/p>\n<p> <\/p>\n<h2> Does Krugman&#8217;s tweet about inflation exclude essential items like food, shelter,\u2063 energy,\u200d and used cars, making it\u2062 a self-parody?<\/h2>\n<p><span>  Parodying itself with the tweet.<\/p>\n<p>\u201cIs this a\u200b self-parody? Did you not just exclude food, shelter, energy, and used cars?\u201d Giglio asked.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Is this a \u2063self-parody? Did you not just exclude food, shelter, energy, and used cars?<\/p>\n<p>\u2014 David Giglio (@GiglioForCA) <a href=\"https:\/\/twitter.com\/GiglioForCA\/status\/1712499315238505476?\">October 12,\u200b 2023<\/a><\/p>\n<\/blockquote>\n<p>These responses highlight the absurdity of \u2062Krugman&#8217;s declaration of victory \u2062and the blatant attempt to manipulate data to fit a narrative. By excluding essential items that people need to live, Krugman \u200dconveniently ignores the \u2063real impact of rising prices on everyday Americans.<\/p>\n<p>Inflation is a serious issue that affects all \u200baspects of society. When prices rise, people&#8217;s purchasing power decreases,\u200b making it more difficult to afford basic necessities.\u2063 Food, shelter, and energy are fundamental requirements for survival,\u2062 and their exclusion in Krugman&#8217;s graph distorts the reality of the situation.<\/p>\n<p>While\u200d it may be true \u200cthat certain segments of the economy are experiencing lower\u200b rates of inflation, it \u200bis irresponsible and misleading to claim victory\u2062 over inflation as \u2062a whole. Ignoring the rising prices of essential goods\u200b and services only serves to undermine the experiences of\u2064 those who are\u2062 struggling to make ends meet.<\/p>\n<p>It is important for economists and journalists to provide accurate\u200d and\u200d comprehensive information \u200dto the public. Manipulating data and cherry-picking statistics only erodes trust in the media and further divides society. As \u200cconsumers and \u200bcitizens, we must demand transparency and honesty from \u200bthose\u200c who report on\u2063 economic issues.<\/p>\n<p>Rising inflation is a complex issue that requires careful analysis and thoughtful solutions. \u2063It cannot\u200c be \u200cdismissed or minimized by excluding key components of the consumer price \u200cindex. The impact of inflation on people&#8217;s lives is real, and it is essential that\u200c we address\u200d it honestly and effectively.<\/p>\n<p>Instead of celebrating a premature \u2064victory,\u200b economists like Krugman should focus on understanding the root causes of inflation and proposing\u2062 viable solutions. Only through a comprehensive and nuanced approach can we effectively tackle this economic challenge and\u2062 ensure the well-being of all Americans.<\/p>\n<p>As consumers and citizens, it \u2062is crucial that we remain vigilant and critical of the information presented to us. We must demand accountability\u200d and accuracy from those in positions of influence, especially \u2064when it comes to economic matters that\u200b directly impact our lives.<\/p>\n<p>The war on inflation is far\u2062 from over, and it is only \u200dby acknowledging the full reality\u2062 of the situation that we can begin to address it effectively. Let us not be swayed by misleading graphs and empty declarations of victory, but instead strive for a more informed and equitable future for all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tweet declared that inflation fears were &#8220;overblown&#8221; and that the recent price surges were merely temporary. However, many experts and ordinary Americans remain skeptical, as they grapple with the reality of soaring prices for everyday goods and services. Krugman&#8217;s self-congratulatory proclamation only serves to further disconnect the credentialed class from the struggles of the average citizen.<\/p>\n","protected":false},"author":2056,"featured_media":2069152,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2069151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2069151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2056"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2069151"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2069151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2069152"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2069151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2069151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2069151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}