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Paul Krugman

@paulkrugman ↗

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Last Checked July 3, 2020

Created

Fri Mar 22 11:36:09 +0000 2019

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394

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79

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Paul Krugman @paulkrugman

The most dramatic example right now is Howard Schultz going on about the evils of debt at the very time leading macroeconomic experts have concluded, based on careful evaluation of the evidence, that debt worries are vastly overblown 2/ — PolitiTweet.org

Posted March 22, 2019 Hibernated

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Paul Krugman @paulkrugman

Yes – and actually a bit worse than that. CEOs who inject themselves into policy debate have a specific kind of bias (besides the obvious class bias): they're very susceptible to "seriousity" (my riff on "truthiness"); stuff that sounds serious when it isn't 1/ — PolitiTweet.org

Matthew Yglesias @mattyglesias

The tendency to treat successful CEOs as all-purpose sages is a real sickness in American public life. Jamie Dimo… https://t.co/4KGvNg5VmV

Posted March 22, 2019 Hibernated

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Paul Krugman @paulkrugman

But Dimon had his own episode (there may have been others); he was one of the biggest proponents of the idea that high US unemployment wasn't about inadequate demand and destructive austerity, it was about a "skills gap" 3/ https://t.co/dDLe3jUVKC — PolitiTweet.org

Posted March 22, 2019 Hibernated

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