Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 2, 2020

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Mon Sep 16 13:20:00 +0000 2019

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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

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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

This number doesn't come out of thin air; it's what you get if you look at the average effects of austerity programs pre-Great Recession. But it's a multiplier that reflects the usual tendency of monetary policy to move in the opposite direction of fiscal policy 2/ — PolitiTweet.org

Posted Sept. 16, 2019 Hibernated