Paul Krugman

@paulkrugman ↗

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Last Checked April 24, 2021

Created

Fri Apr 03 11:38:58 +0000 2020

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Paul Krugman @paulkrugman

State and local spending cuts played a huge role in delaying recovery from the Great Recession. I worry that the same thing will happen again unless there's much more federal aid https://t.co/L84pZgPJBY — PolitiTweet.org

Posted April 3, 2020 Hibernated

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Paul Krugman @paulkrugman

What we need right now, beyond the medical response, is disaster relief for millions who have lost their incomes. But money probably won't flow in significant amounts for weeks or months https://t.co/W7PXbFpH0T — PolitiTweet.org

Posted April 3, 2020 Hibernated

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Paul Krugman @paulkrugman

Agree with this: balance sheet damage will hinder recovery even when the virus subsides. But 20% unemployment in 6 months sounds wildly optimistic: we may well be there in *two weeks* 1/ — PolitiTweet.org

"If we allow the jobless rate to soar to 20% in 6 months, the notion that it will retrace back to 3.5%, amid safe c… https://t.co/Oahm4JomrO

Posted April 3, 2020 Hibernated