Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 10, 2020

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Sun Oct 27 13:07:04 +0000 2019

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Paul Krugman @paulkrugman

At the time, the unemployment rate was 8 percent and the economy desperately needed fiscal support — but Republicans and a lot of centrists were demanding austerity. Now we have <4% unemployment, a trillion-dollar deficit — and crickets 2/ — PolitiTweet.org

Posted Oct. 27, 2019 Hibernated

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Paul Krugman @paulkrugman

A thought on the budget deficit: it's now roughly back to what it was in 2012. Here's what Paul Ryan said in his convention speech that year: "In this generation, a defining responsibility of government is to steer our nation clear of a debt crisis while there is still time. " 1/ — PolitiTweet.org

Posted Oct. 27, 2019 Hibernated

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Paul Krugman @paulkrugman

Hate to say this, but Larry is just wrong on the political economy here. Two words: Koch brothers. Influence goes far beyond campaign contributions; climate denial, for example, is driven by a network of disinformation institutions 1/ — PolitiTweet.org

Very few of the problems today involve personal contributions of the wealthy. They instead involve corporate contri… https://t.co/fKC7thwwjz

Posted Oct. 27, 2019 Hibernated