Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

Created

Sat Jul 11 11:25:51 +0000 2020

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Paul Krugman @paulkrugman

What, after all, was the situation under lockdown? It was annoying but sustainable. Many workers and some businesses were receiving enough in emergency aid to avoid hardship, and we could have plugged the holes in that safety net, making lockdown tolerable much longer 2/ — PolitiTweet.org

Posted July 11, 2020 Hibernated

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Paul Krugman @paulkrugman

It's now clear that the US took a decisive wrong turn in late March, rushing to reopen even though Covid-19 wasn't remotely under control. And here's one way to think about it: America drank away its children's future 1/ — PolitiTweet.org

Posted July 11, 2020

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Paul Krugman @paulkrugman

Could we afford to do that? Yes. Borrowing costs were very low. There were no financial constrains on taking as long as necessary to control the virus. But there was one crucial thing where lockdown inflicted long-term damage: education 3/ — PolitiTweet.org

Posted July 11, 2020