[cnnsucks]

>> And if you think I'm wrong, ask yourself why GDP growth has been so anemic in the age of the Internet.

GDP is the wrong figure. As we've pulled up the ladder and pushed people out of the workforce our net GDP has leveled off, but non-farm labour productivity has continued the rapid pace characteristic of the US economy, hitting an all time peak in 2015. We're getting more value out of fewer people. Some part of that has to be attributed to advanced communications, including the Internet.

Krugman has established a long history of embarrassingly bad predictions; this is merely one of the most demonstrably terrible. Also sometimes cited is his advocacy for 'housing bubble' policy and subsequent denials. Krugman doesn't know whats going on. He writes economic red meat for his fellow leftists inside his New York echo chamber. The real world is paying no attention.

[hyperpape]

Where are you getting your numbers? I've read that productivity growth was quite bad for most of the 2000s (you're right that 2016 was good). Also, you can't just write off decreased labor force participation by pointing to higher productivity, since many times in the 20th century, you had high labor force participation and high productivity growth.

P.S. Attacks on Krugman seem pretty non-responsive to what I said, but this is 1998, prior to Krugman's heavy involvement in partisan politics, an involvement which may not have made him more...careful.