There’s no shortage of good economic news nowadays — except in the mind of Paul Krugman, where hopelessness springs eternal. In his New York Times column Friday, the Princeton economics professor closed his eyes to economic reality and cried, “There is very little evidence in the data for a strong recovery ready to break out.” Huh? What about rising durable goods orders? A huge spike in new-home sales? Falling new jobless claims? Sadly for Krugman, the recessionary dreams of the Left are fading. Don Luskin and the Krugman Truth Squad have the full story.
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