The first Friday of a new month brought with it the latest jobs report, and the news continues to be very good unless you’re a Democrat running for the 2020 nomination:
JUST IN: US economy added 263,000 jobs in April; unemployment rate falls to 3.6%, the lowest since 1969, new jobs report shows.
— NBC News (@NBCNews) May 3, 2019
Another excellent jobs report. https://t.co/7eJwQQjje1
— Mollie (@MZHemingway) May 3, 2019
Now that the latest positive jobs report is out, a tweet about a prediction from New York Times’ Nobel Prize-winning economist Paul Krugman is making the rounds. This was what Krugman said the night Donald Trump won the election:
We are very probably looking at a global recession, with no end in sight, says @PaulKrugman https://t.co/N1fvu9h1Fj
— New York Times Opinion (@nytopinion) November 9, 2016
Missed it by THAT much!
This tweet aged like rotting milk.
— Physics Geek (@physicsgeek) May 3, 2019
This opinion has aged well, right @paulkrugman ? https://t.co/SyNy1xyK3e
— Pradheep J. Shanker (@Neoavatara) May 3, 2019
Another nominee for induction to the “This Didn’t Age Well” Hall of Fame? Krugman’s going to own the place after a while.
This is aging well
— IemdaLaw (@IemdaLaw) May 3, 2019
Bahaha…so this didn't age well. https://t.co/t4gD2eekue
— Gary Ryberg (@gryberg3) May 3, 2019
Nobel right here https://t.co/smxiZ5dDmY
— Christopher Bedford (@CBedfordDC) May 3, 2019
Comedy Central needs to get this guy a show. https://t.co/sgWaSH9C4s
— Saving Ferris ⚕️ (@StreetDoc_67) May 3, 2019
"Nobel Laureate" https://t.co/mxvgyCxTg9
— Sean O (@Sean_O_914) May 3, 2019
I remember reading this the day it was published. Markets had plunged immediately following Trump’s win but were already quickly rebounding.
This was one of the first instances of Orange Man Bad I can remember. No real basis to the article outside of Krugman’s disdain for Trump. https://t.co/vhacpS5OR0
— Ryan Smyth (@RyanSmyth7) May 3, 2019
He still has a job. https://t.co/WNaVoRMbJB
— JWF (@JammieWF) May 3, 2019
One might even say that being consistently wrong is a job requirement at some media outlets.
People should have stopped taking Krugman seriously when he said in 2005 that the internet would have no more relevance than the fax machine. No, I’m not making that up. https://t.co/MyJtdk2LAM
— Joseph Daher (@joedhr15) May 3, 2019
Is there a Nobel Prize for consistency in being wrong?
Join the conversation as a VIP Member