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Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

Created

Fri Oct 11 11:08:32 +0000 2019

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559

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68

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Paul Krugman @paulkrugman

Neither, of course, are Larry Summers or yours truly. All of us have concluded based on data and hard thinking that debt isn't the kind of existential threat a lot of Beltway types claim that it is 3/ — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated

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Paul Krugman @paulkrugman

The author contrasts millennial alarm over climate change with lack of attention to debt. So maybe the first thing to say is that Olivier Blanchard, who tells us with great authority that debt risks are exaggerated, is not a millennial 2/ https://t.co/SdSDKVBZX0 — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated

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Paul Krugman @paulkrugman

It's not just that with interest rates below growth rates, debt won't snowball. Also, public debt is NOT borrowing from the future. Unless it displaces investment — which there's no sign it's doing — it just creates claims by one part of the population on another part 4/ — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated

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