Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 27, 2020

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Sat Dec 28 13:14:17 +0000 2019

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Paul Krugman @paulkrugman

Well, here's a comparison: growth during Obama's 2nd term versus growth since the Trump tax cut. You may be surprised to learn that there was only a slight acceleration. And ALL of it (and then some) can be explained by the shift toward stimulus 6/ https://t.co/sVhNIEsLtg — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated

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Paul Krugman @paulkrugman

The US didn't do anything that dramatic, but as the Hutchins Center estimate shown above shows, it did have significant austerity under Obama, which changed to stimulus under Trump. How much has that mattered? 5/ https://t.co/MsCavGVV2b — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated

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Paul Krugman @paulkrugman

So I'd say that it's misleading to see all this as a change in economic philosophy. It's really about politically weaponized Keynesianism: austerity for thee, stimulus for me 7/ — PolitiTweet.org

Posted Dec. 28, 2019 Hibernated