Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 22, 2020

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Wed Oct 09 13:40:02 +0000 2019

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Paul Krugman @paulkrugman

In reality it's unclear at this point whether the tax cut did anything for growth; it certainly didn't lead to the promised surge in investment 5/ https://t.co/sadXWBORts — PolitiTweet.org

Posted Oct. 9, 2019 Hibernated

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Paul Krugman @paulkrugman

Imagine what might have been accomplished if we'd been willing to spend an extra $300 billion a year on infrastructure. Instead, it was mainly tax cuts for businesses and the wealthy, which were supposed to supercharge growth 4/ — PolitiTweet.org

Posted Oct. 9, 2019 Hibernated

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Paul Krugman @paulkrugman

A best guess is that the tax cut was a bit of a stimulus, but with low bang for the buck; and that its effects were offset, or more than offset, by Trump's trade war. So despite completely abandoning their pretended principles, Rs haven't gotten much 6/ — PolitiTweet.org

Posted Oct. 9, 2019 Hibernated