Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 2, 2020

Created

Sun Sep 15 20:50:47 +0000 2019

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Paul Krugman @paulkrugman

So basically China is doing what it has to to cope with the trade war, while Trump and co pandered to the ideological right, which doesn't do the trick — and now Trump is demanding that the Fed bail him out 6/ https://t.co/yVJFYVVbOl — PolitiTweet.org

Posted Sept. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

The Trump stimulus, by contrast, consisted largely of giving corporations a big tax break and hoping that they would invest it and/or use it to raise wages. What they're using it for instead is dividends and stock buybacks. So bang for the buck much smaller 5/ — PolitiTweet.org

Posted Sept. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

Fair enough. I'd say that China's stimulus is much less dysfunctional than the Trump tax cut, but it may be insufficient. I'm less convinced by the IMF estimate, which looks like the Fund's standard multiplier of 0.5 1/ — PolitiTweet.org

a) it is always a little dangerous to disagree with Dr. Krugman ... b) I think he may be giving China a bit too mu… https://t.co/IPNN5GkveZ

Posted Sept. 16, 2019 Hibernated