Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 31, 2020

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Fri Jul 31 12:51:16 +0000 2020

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Paul Krugman @paulkrugman

Basically the GOP and its pet economists don't believe it's even possible for an economy to suffer from inadequate demand; if unemployment is high it must be because we're taxing the rich too much, or being too nice to the unemployed 4/ — PolitiTweet.org

Posted July 31, 2020

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Paul Krugman @paulkrugman

During the financial crisis even tenured Chicago professors reinvented old fallacies, such as Say's Law, and imagined that they were deep insights 3/ https://t.co/Q57KBijgai — PolitiTweet.org

Posted July 31, 2020

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Paul Krugman @paulkrugman

So the looming catastrophe as Pandemic Unemployment Compensation expires, sucking purchasing power out of the economy at a $900 billion per year annual rate, just doesn't register in their worldview 5/ — PolitiTweet.org

Posted July 31, 2020