Matthew Yglesias

@mattyglesias ↗

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Last Checked July 12, 2022

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Thu Oct 28 10:30:53 +0000 2021

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Matthew Yglesias @mattyglesias

If we resume rapid job growth over the next six months, then an inflation blip will be a small price to pay for a rapid recovery. But if we don't, the inflationary climate makes it hard to now how to respond. We're not going to stimulate more and the Fed is pulling bac too. — PolitiTweet.org

Posted Oct. 28, 2021 Hibernated

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Matthew Yglesias @mattyglesias

To me the real issue is not inflation, which will get better, but jobs which were doing great for a while but then stalled out over the past few months and I don't think it's obvious what this winter holds. https://t.co/kDZyjipyGD https://t.co/W9xR1T78sf — PolitiTweet.org

Posted Oct. 28, 2021 Hibernated

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Matthew Yglesias @mattyglesias

And we should try to learn lessons for next time. "Doing too much" (ARP) turns out way better than "doing too little" (ARRA) but ARP could have been much more effective if it was spent out slower or had more conditions-based automatic provisions. https://t.co/kDZyjipyGD — PolitiTweet.org

Posted Oct. 28, 2021 Hibernated