'In short, the good economic news is real'

A general view of Wall Street and the New York Stock Exchange building.

It is 'hard to overstate just how good recent economic numbers have been'

(Image credit: Yuki Iwamura / Bloomberg via Getty Images)

published 8 October 2024

'All the good economic news vindicates Bidenomics'

Paul Krugman at The New York Times

It is "hard to overstate just how good recent economic numbers have been," says Paul Krugman. Does this "good news vindicate Bidenomics? I would say yes — but not quite the way you might imagine." America's "success at getting to the good place where we are right now shows that progressive economic policies are, in fact, feasible." This is "what Bidenomics was about — the assertion, now vindicated, that progressive policies can go hand in hand with prosperity."

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Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.