Matthew Yglesias

@mattyglesias ↗

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Last Checked March 20, 2021

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Fri Feb 05 13:20:56 +0000 2021

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Matthew Yglesias @mattyglesias

Last thing! In principle “state and local fiscal aid” is a totally different thing from “public investment” but if you know how state budgets work in practice they are pretty similar. — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

But for the record, I do think his narrow economic point is correct. It would be better to settle for a smaller stimulus **IF** doing so created more space for other priorities. But is that true? It doesn't seem true to me. — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated

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Matthew Yglesias @mattyglesias

@jbarro It’s more that when states face shortfalls, they cancel projects and defer upkeep. But in practice an “infrastructure bill” would take the form of one-off windfall opportunities for states. — PolitiTweet.org

Posted Feb. 5, 2021 Hibernated