Paul Krugman tops 2017 Fake News Awards

Keynesian economist Paul Krugman has topped President Donald Trump’s inaugural Fake News Awards. It’s about time, considering that Krugman has delivered a fresh dose of fake news for years.

On Wednesday, the Republican Party released the 2017 Fake News Awards, which included 11 stories that turned out to be false.

The first on the list was Krugman’s column that concluded the markets would “never” recover from President Trump – futures markets were in the red hours following Election Day.

Krugman’s logic has been faulty to say the least. He alluded to the markets around Election Day as a signal that the Trump administration was doomed to failure. However, since the Dow Jones, S&P 500, and the NASDAQ have soared in Trump’s first year, he is dismissing it and encouraging others to focus on other economic data, like employment.

Economist Robert Murphy and commentator Tom Woods did an excellent job discussing this Krugman trend. Be sure to check it out.

The list then concentrated on other fake news that we have covered here this year, such as the Brian Ross debacle, CNN botching dates, CNN deceptively editing video, and so on.

But to see Krugman on top of the list should bring joy to every conservative or libertarian.

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