Paul Krugman

@paulkrugman ↗

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Last Checked April 24, 2021

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Fri Apr 03 19:13:25 +0000 2020

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Paul Krugman @paulkrugman

They suggest that there may be lasting negative effects, even as the pandemic fades, because of balance-sheet damage; they suggest, going beyond where I was, that there may be adverse effects on the economy's potential 3/ — PolitiTweet.org

Posted April 3, 2020 Hibernated

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Paul Krugman @paulkrugman

My informal discussion here. We have a direct hit to "contact-intensive" sectors, and a second-round Keynesian demand-side hit to the rest of the economy 2/ https://t.co/Xdm1Rspnoh — PolitiTweet.org

Posted April 3, 2020 Hibernated

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Paul Krugman @paulkrugman

One thing they don't mention, but I think is very serious, is the fiscal impact on state and local governments, which face balanced-budget requirements and will be forced into destructive austerity, delaying recovery, unless they get federal aid 4/ — PolitiTweet.org

Posted April 3, 2020 Hibernated