Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

Created

Wed Apr 22 11:17:41 +0000 2020

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Paul Krugman @paulkrugman

What we did then was just let the debt/GDP ratio erode over time as the economy grew. This is really easy to do when interest rates are below growth rates, which they normally are 2/ — PolitiTweet.org

Posted April 22, 2020 Hibernated

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Paul Krugman @paulkrugman

Good piece on a theme I've often stressed: we don't have to worry about how we'll pay off the debt run up to deal with Covid-19, because we never will — just as we never paid off the debt from WWII 1/ https://t.co/Q3sHDuvdTI — PolitiTweet.org

Posted April 22, 2020 Hibernated

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Paul Krugman @paulkrugman

Important because if Biden wins, you know that Republicans will suddenly rediscover their former conviction that debt is a horrible existential threat, and that social spending must be cut. I hope centrists don't fall for this scam again (although they probably will) 3/ — PolitiTweet.org

Posted April 22, 2020 Hibernated