You don't need a Nobel to see the dire effects of inflation, the ex-president's son said on Wednesday.
Don Jr. took the stage in Hialeah, Florida to warmup the crowd he estimated at 10,000 deep. He delivered the hits against the Biden regime and bolstered a second term for his dad.
He also took a shot at New York Times columnist Paul Krugman for a recent bellwether read of the economy in a written piece.
"Did you see last week, The New York Times," he asked the crowd. "Paul Krugman, Nobel Laureate economist. He won a Noble Prize in economics."
Krugman won the award in 2008.
He continued: "He shows nice beautiful graphics with inflation going down. Then problem is there's an asterisk: Inflation, he says is going great...Inflation is going along perfectly if you don't include a couple of things."
"If you don't include housing. Energy. Food. And transportation."
The article Don Jr. is likely referring to ran on Nov. 7 titled, "Why Did So Many Economists Get Disinflation Wrong?"
In it, Krugman defines inflation as "the rate at which prices are increasing, not their absolute level" and shows some graphs to bolster the argument that the economy is essentially in a better place than it was a year ago.
"Well, from where we’re sitting a little over a year later, things (thankfully) look quite a bit different," he writes.
Don Jr. hit back and took notice of one of the graphs that specifically omitted the critical items of "food and energy."
"Hey, if you don't include literally everything you need to surviving things are going great folks," he said laying the sarcasm extra thick. "You can get transgender surgeries at 50% off and everything else is 3X."
"That's what they're doing."
