Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 22, 2021

Created

Tue Feb 04 16:33:17 +0000 2020

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Paul Krugman @paulkrugman

Trump's deficitpalooza is giving the economy as much stimulus now as it was getting in 2012, when the unemployment rate was 8%. Imagine what Obama's economy would have looked like if Rs and Very Serious People had let him run deficits that big 3/ — PolitiTweet.org

Posted Feb. 4, 2020 Hibernated

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Paul Krugman @paulkrugman

The answer is, it's the deficit, stupid. This chart compared the unemployment rate with the IMF's measure of the structural budget deficit as % of GDP, a rough measure of stimulus, since 2012 2/ https://t.co/RKuwwNAR9Y — PolitiTweet.org

Posted Feb. 4, 2020 Hibernated

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Paul Krugman @paulkrugman

And of course imagine if we were using that money to build infrastructure and help children, not give corporations more money to buy back their own stock 4/ — PolitiTweet.org

Posted Feb. 4, 2020 Hibernated