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Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Fri Feb 05 13:12:48 +0000 2021

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Matthew Yglesias @mattyglesias

Here's the thing about this. Summers' economic analysis is not particularly original here -- Biden's request fills more than 100 percent of the output gap. That's exactly what Biden's team means when they say it's better to do too much than too little. What's new is politics. — PolitiTweet.org

POLITICO @politico

Everyone in the West Wing is reading a Larry Summers op-ed being circulated among liberal policy wonks. Why? Summer… https://t.co/vuUFk8OCew

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

@cascamike I mean I'm sure they read it, it would be weird to just ignore and it's not that long. — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

Biden's calculus is that a huge relief bill will set the stage for future policy success. Summers' worry is that Biden is spending down political capital that would be better used on other things. It's interesting, but it's a pure politics calculus. — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated