“This being the Trump era, you can’t completely discount the possibility that they’ve gotten to the BLS”
New York Times columnist and Nobel award winning economist Paul Krugman is a well-known sufferer of Trump Derangement Syndrome. When it was revealed on Friday that the jobs numbers were much better than the doomsday media predicted, Krugman floated a conspiracy theory as an explanation.
Joseph Vazquez reports at NewsBusters:
Krugman Conspiracy: It’s Possible Trump Admin Got BLS to Fudge GREAT Jobs Report
President Donald Trump’s economy proved it’s not going down without a fight. An excellent new jobs report has Keynesian New York Times economist Paul Krugman babbling about a Trump conspiracy on Twitter to make sense of it.
CNBC reported that “Employment stunningly rose by 2.5 million in May and the jobless rate declined to 13.3%,” based on Friday’s Bureau of Labor Statistics’s (BLS) report. The report “was far better than economists had been expecting and indicated that an economic turnaround could be close at hand.” Krugman didn’t appear to know what to do with these numbers, except try to speculate the “possibility” that the Trump administration has “gotten to the BLS” to fudge the numbers.
Economists surveyed by Dow Jones “had been expecting payrolls to drop by 8.333 million and the unemployment rate to rise to 19.5% from April’s 14.7%,” CNBC reported. “May’s numbers showed the U.S. may well be on the road to recovery after its fastest plunge in history.”
See Krugman’s tweet below:
What a completely normal thing to say.
A mind is a terrible thing to waste https://t.co/ajHKrNU1Et
— Legal Insurrection (@LegInsurrection) June 5, 2020
Krugman eventually tried to pull it back.
Getting a lot of outraged pushback over even allowing the possibility of something amiss at BLS. I was just covering myself, because so many weird things have happened lately. But I apologize for any suggestion that a highly professional agency might have been corrupted. 1/
— Paul Krugman (@paulkrugman) June 5, 2020
“They’ve gotten to the Bureau of Labor Statistics” is something a NYT columnist just wrote entirely in earnest. Incredible. https://t.co/qaRdIAmygn
— James Hasson (@JamesHasson20) June 5, 2020
Jason Furman was Chairman of the Council of Economic Advisers under Obama and even he called out Krugman.
Former Obama dudes clowning on Krugman now. https://t.co/p4jbslQno5
— Stephen L. Miller (@redsteeze) June 5, 2020
Remember, any narrative the left doesn’t like is a conspiracy theory, but any conspiracy theory they throw out there is just fine.
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