Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Thu Jan 14 23:26:27 +0000 2021

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Matthew Yglesias @mattyglesias

Here is the theory BTW: All those low paid food service workers are basically an embedded form of labor market “slack” who in a high pressure economy could be rapidly reallocated to more productive sectors. — PolitiTweet.org

Posted Jan. 14, 2021 Hibernated

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Matthew Yglesias @mattyglesias

imo it would not be a bad idea to try overheating for once ... I have a pet theory that conventional output gap measures substantially understate potential GDP and I’d like to put it to the test — PolitiTweet.org

From a top down perspective, advocates of stimulus often point to multipliers like 1.5 or higher. In this case the… https://t.co/R7hcYeWnws

Posted Jan. 14, 2021 Hibernated

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Matthew Yglesias @mattyglesias

In the restaurant sector itself you’d see fewer full-service restaurants and more fast casual to save labor, with only high end places bothering to employ servers. But that’s no great tragedy compared to the upside. — PolitiTweet.org

Posted Jan. 14, 2021 Hibernated