Paul Krugman

@paulkrugman ↗

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Last Checked July 22, 2020

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Sat Jun 15 14:10:53 +0000 2019

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Paul Krugman @paulkrugman

Actually, none of the reasons given here are why I doubt that a Fed rate cut would be very effective, or in general why we're so badly prepared to fight a slump if it happens 1/ https://t.co/UEpehm9mQO — PolitiTweet.org

Posted June 15, 2019 Hibernated

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Paul Krugman @paulkrugman

My column today, if you missed it 2/ https://t.co/0OFlGFjbvy — PolitiTweet.org

Posted June 14, 2019 Hibernated

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Paul Krugman @paulkrugman

The most immediate problem is that there isn't enough room to cut. In past recessions the Fed has on average cut by 5 percentage points, and even that wasn't enough to avoid long "jobless recoveries". This time they only have room to do half that much 2/ https://t.co/iN7EVjFSvw — PolitiTweet.org

Posted June 15, 2019 Hibernated