Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

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Wed Oct 16 11:47:34 +0000 2019

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Paul Krugman @paulkrugman

What we do have is a persistent problem of weak demand; yes, we have full employment now, but only with extremely low interest rates, which means little ability to respond to the next downturn. This makes a strong case for a big government investment program 5/ — PolitiTweet.org

Posted Oct. 16, 2019 Hibernated

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Paul Krugman @paulkrugman

Here's labor productivity over the past 30 years. It's slowing down! Output per hour rose 36% from 1996 to 2007, only 15% from 2007 to 2018. If automation is replacing people, why aren't we producing more with fewer people? 4/ https://t.co/BkA0BE5NZJ — PolitiTweet.org

Posted Oct. 16, 2019 Hibernated

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Paul Krugman @paulkrugman

As advocated by Sanders, but also left-wing radicals like, um, Larry Summers. Meanwhile, Yang's suggestion that we give everyone $1,000 a month doesn't address the real problem — and it's not enough to live on 6/ — PolitiTweet.org

Posted Oct. 16, 2019 Hibernated