Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 12, 2020

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Thu Jul 23 11:00:17 +0000 2020

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Paul Krugman @paulkrugman

That is, did they actually believe that amid a slump, when people are being forced to tighten their belts, the govt should tighten its belt too (which deepens the slump)? Or did they just pretend to believe that with a Dem in the WH? 3/ — PolitiTweet.org

Posted July 23, 2020

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Paul Krugman @paulkrugman

In the aftermath of the 2008 financial crisis, it wasn't entirely clear what was motivating R demands for austerity in the face of mass unemployment. Was it sabotage — trying to hamstring Obama's crisis response? Or actual ignorance? 2/ — PolitiTweet.org

Posted July 23, 2020

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Paul Krugman @paulkrugman

Well, right now people like Ted Cruz are making the same argument, and waging a war on unemployment benefits, with Trump in the WH. This suggests that Cruz et al really are ignorant, not realizing that ending worker support is likely to hammer the economy and ensure R defeat 4/ — PolitiTweet.org

Posted July 23, 2020