Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 4, 2021

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Fri Jan 10 13:02:52 +0000 2020

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Paul Krugman @paulkrugman

And it wasn't just tax cuts, which seem to have been ineffective at raising business investment. More important has been that all the spending austerity Republicans forced on Obama went away suddenly with Trump in office 3/ https://t.co/QC2X4M7K79 — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated

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Paul Krugman @paulkrugman

What I realized is that much as I may have been distressed by Trump's election, what my economic models actually said was that bigger budget deficits would act as economic stimulus. What I didn't realize was just how big that stimulus would get 2/ — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated

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Paul Krugman @paulkrugman

Let me, however, make a prediction: if a Democrat wins this year, and Rs still control the Senate, they'll suddenly discover that deficits are terrible and try to reimpose austerity. GOP economic policy in practice isn't conservative; it's politically weaponized Keynesianism 4/ — PolitiTweet.org

Posted Jan. 10, 2020 Hibernated