Paul Krugman

@paulkrugman ↗

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Last Checked July 22, 2020

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Wed Jun 12 12:19:40 +0000 2019

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Paul Krugman @paulkrugman

Instead, we got a bit of a boost, which is already fading, with most of the lost revenue going to stock buybacks. But here's the thing: the next time Rs propose a big tax cut, they'll pretend none of this ever happened, and that cuts pay for themselves 6/ — PolitiTweet.org

Posted June 12, 2019 Hibernated

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Paul Krugman @paulkrugman

That's a lot of stimulus. Imagine what would have happened if a GOP Congress had allowed Obama to spend 2 percent of GDP -- $400 billion a year – on something actually useful, like infrastructure. Think of how much that would have juiced the economy 5/ — PolitiTweet.org

Posted June 12, 2019 Hibernated

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Paul Krugman @paulkrugman

Wonkish but possibly important point. I'm on record as saying that while the trade war is stupid and will be destructive over time, its short-run impact will he limited. Torsten Slok at Deutsche Bank (no link) has some suggestive evidence that I might be wrong https://t.co/IpR27CzP8l — PolitiTweet.org

Posted June 13, 2019 Hibernated