Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2020

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Sun Aug 02 17:46:40 +0000 2020

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Paul Krugman @paulkrugman

We should be helping states in a pandemic for the same reason governments pay for wars in part by borrowing: the needs are temporary and it's inefficient to cover them entirely by slashing nondefense spending and/or raising taxes 8/ — PolitiTweet.org

Posted Aug. 2, 2020

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Paul Krugman @paulkrugman

What about GOP opposition to temporary aid to states and cities? You don't even have to be a Keynesian to see that this is bad economics. It makes no sense to impose severe cuts in government services in the face of a known temporary revenue loss/ cost increase 7/ — PolitiTweet.org

Posted Aug. 2, 2020

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Paul Krugman @paulkrugman

In short, there is no economic theory or logic behind the Republican position. It's all about being mean-spirited and/or cynically exploiting a crisis to force governments to shrink 9/ — PolitiTweet.org

Posted Aug. 2, 2020