Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 13, 2021

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Fri Jan 24 17:44:34 +0000 2020

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Paul Krugman @paulkrugman

If you want to assess the Trump tax cut, you want to compare actual revenues with what might have been expected oth… https://t.co/FwDKyLmzzS — PolitiTweet.org

Posted Jan. 24, 2020 Hibernated

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Paul Krugman @paulkrugman

Why is this stupid? Because we have a growing economy with at least some inflation. In a normal year dollar GDP rises around 4%, so we expect revenues to go up every year there isn't a recession. 5/ — PolitiTweet.org

Posted Jan. 24, 2020 Hibernated

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Paul Krugman @paulkrugman

Here's what that comparison looks like. Revenue is about $220 billion less than expected, spending about $70 billion higher, so the overall deficit has gone up almost $300 billion relative to expectations 7/ https://t.co/splWT5114L — PolitiTweet.org

Posted Jan. 24, 2020 Hibernated