back

by nzealand·3y ago·view on hn ↗
Krugman didn't debate recession semantics.

My point is, if you are going to claim we are in a recession now, to be intellectually consistent, you also have to claim that 2020 wasn't one of the shortest and sharpest recessions ever in history...

1 comments
Oh i thought you were curious, to test my theory with people on the left and right that are fighting now over it what they used to say. I looked at Krugman because he's a major figure on the left saying we aren't (or weren't 2 months ago) in a recession https://www.irishtimes.com/business/economy/2022/07/29/paul-...

I just looked and National Review even wrote this on the subject at the time - https://www.nationalreview.com/corner/recession-are-we-there... so maybe I need a better representative for the right and left to measure intellectual consistency.

IDK I'm not that interested in finding partisan hacks in the online debate on the subject. I will say just looking around, observing metrics and being told this isn't a recession the country is going through right now seems absurd.