Matthew Yglesias

@mattyglesias ↗

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Last Checked Sept. 28, 2022

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Tue May 24 10:15:12 +0000 2022

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Matthew Yglesias @mattyglesias

The only way to have robust economic recovery in the face of unhelpful OPEC and deliberate efforts to kneecap Russian oil & gas output is full recovery of US production to pre-pandemic levels — a goal the Biden administration has seemed ambivalent about. https://t.co/0r6BBz1WK4 — PolitiTweet.org

Posted May 24, 2022 Hibernated

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Matthew Yglesias @mattyglesias

A negative shock to energy supply pushes output down and prices up — stagflation. The central bank can respond to eliminate that “-flation” part of that but it will just force a large recession which is also bad. https://t.co/0r6BBz1WK4 https://t.co/LC2nsYzqfz — PolitiTweet.org

Posted May 24, 2022 Hibernated

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Matthew Yglesias @mattyglesias

Production *is* growing but not as rapidly as we need it to — Wall Street has decided they’d rather have dividends than investment. But this is too crucial to the country’s future to leave up purely to the market. https://t.co/0r6BBz1WK4 — PolitiTweet.org

Posted May 24, 2022 Hibernated