Matthew Yglesias

@mattyglesias ↗

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Last Checked April 2, 2021

Created

Sat Feb 06 20:14:56 +0000 2021

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Matthew Yglesias @mattyglesias

It’s embarrassing that we let over 20 years go by without re-obtaining the 1999 labor market peak, but instead of owning up to that embarrassing reality key policy institutions have gotten invested in the idea that it’s impossible. But why would it be impossible? — PolitiTweet.org

Posted Feb. 6, 2021 Hibernated

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Matthew Yglesias @mattyglesias

If the economy was above potential in 2019 how come inflation was below target, the Fed was cutting interest rates, and the prime age employment-population ratio was below its peak level? There’s no need to do our math starting from obviously false premises. — PolitiTweet.org

Posted Feb. 6, 2021 Hibernated

Followed By

Matthew Yglesias @mattyglesias

Pre-pandemic, my neighborhood achieved “full employment for ground floor retail” and restaurants started closing due to higher rents in order to be replaced by other businesses. When’s the last time we had stories of businesses failing because they couldn’t meet wage demands? — PolitiTweet.org

Posted Feb. 6, 2021 Hibernated