Democrat economist Paul Krugman claims the “war” on inflation has been won in misleading post!

Paul Krugman, the Nobel Prize-winning economist, is under fire for sharing a post with a misleading chart that inaccurately represents inflation as lower than it actually is. The chart excludes significant expenses like food, energy, housing, and used cars, which are essential for many Americans. Instead of presenting this as a mere suggestion, Krugman's post appeared to assert that inflation has dramatically decreased, despite the fact that the United States is currently grappling with a severe inflation crisis during the Biden administration.Show more

What's even more concerning is Krugman's effort to portray the Biden administration as competent in handling inflation, which has further eroded his credibility. His claim that inflation is a minor issue, based on excluding essential expenses, appears to be out of touch with the everyday experiences of many Americans. Despite his Nobel Prize, Krugman is losing credibility because his views seem disconnected from the real challenges faced by ordinary citizens during these economically challenging times.