Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

Created

Sun May 10 13:46:59 +0000 2020

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Paul Krugman @paulkrugman

True unemployment probably ~20%. If so, worse than all but the worst 2 years of the Great Depression, according to estimates that try to apply modern concepts to available historical data 2/ https://t.co/sZ06xl2yAW — PolitiTweet.org

Posted May 10, 2020 Hibernated

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Paul Krugman @paulkrugman

Friday's employment report was devastating — and reality almost surely worse. The BLS itself says that the unemployment number was probably understated 1/ https://t.co/qAA4NeiC3C https://t.co/pIF1YYuXSt — PolitiTweet.org

Posted May 10, 2020 Hibernated

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Paul Krugman @paulkrugman

But how long does this go on? Short answer is nobody knows. Long answer, I think, is that it depends hugely on the course of the pandemic — which may seem like a "well, duh" proposition but a bit more to it than that 3/ — PolitiTweet.org

Posted May 10, 2020 Hibernated