Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

Created

Sat Apr 25 11:32:40 +0000 2020

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Paul Krugman @paulkrugman

Second, Republican deficit concern is fake and always was. They had no qualms about an unfunded $2 trillion tax cut for corporations and the wealthy; but now that we're talking about helping stressed state governments, debt is evil again 3/ — PolitiTweet.org

Posted April 25, 2020 Hibernated

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Paul Krugman @paulkrugman

Two key points. First, the belief that rising debt inevitably leads to crisis is a zombie idea, which no amount of evidence and experience can change. CBO current projects a deficit of 18% of GDP, and real interest rates are negative — but the zombie shambles on 2/ — PolitiTweet.org

Posted April 25, 2020 Hibernated

Followed By

Paul Krugman @paulkrugman

If Biden wins, expect the usual suspects to party like it's 2009, warning about bankruptcy and hyperinflation as if none of the previous decade happened 4/ — PolitiTweet.org

Posted April 25, 2020 Hibernated