Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 20, 2020

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Sat Dec 28 13:09:38 +0000 2019

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Paul Krugman @paulkrugman

After all, one overwhelming lesson of the past decade is that Keynesian economics works. In particular, austerity in a depressed economy really hurts. Exhibit A is the euro crisis, where a financial panic led to austerity in some but not all countries. Here's the panic: 3/ https://t.co/3d5xFORnZv — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated

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Paul Krugman @paulkrugman

And Trump has absolutely kept faith with the real Republican priority: afflicting the afflicted while comforting the comfortable. Still, the shift from fiscal austerity to stimulus now that Rs control the White House is striking 2/ https://t.co/wjfcK0Du0f — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated

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Paul Krugman @paulkrugman

And here's what happened during the years of panic-driven austerity (measured by the change in the IMF's measure of the structural budget balance) 4/ https://t.co/yA0a9ldHIU — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated