Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2021

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Thu May 21 11:27:27 +0000 2020

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Paul Krugman @paulkrugman

First, when people ask how we'll pay back the debt incurred as we respond to Covid-19, or suggest that debt over 100 percent of GDP would be disastrous, consider the history of the UK in the mid-20th century 2/ https://t.co/5I8RzKBOKr — PolitiTweet.org

Posted May 21, 2020 Hibernated

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Paul Krugman @paulkrugman

Today's broadcast, "Who's afraid of the big bad debt?", going up shortly. Let me share a couple of slides that may also be relevant to today's column 1/ https://t.co/svcuYWKriz — PolitiTweet.org

Posted May 21, 2020 Hibernated

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Paul Krugman @paulkrugman

Britain emerged from World War II with debt of more than 250 percent of GDP. It didn't have a debt crisis. And it never paid off that debt, just rolled it over. However, debt as a share of GDP eroded as the economy grew. 3/ — PolitiTweet.org

Posted May 21, 2020 Hibernated