Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked Sept. 13, 2020

Created

Fri Aug 14 10:51:55 +0000 2020

Likes

803

Retweets

195

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

My back of the envelope says consumer spending cuts ~ 3% of GDP coming, plus S&L govt cuts of ~1% of GDP. That's a negative demand shock of 4% of GDP, probably with a substantial multiplier. This is financial-crisis level stuff 3/ — PolitiTweet.org

Posted Aug. 14, 2020

Preceded By

Paul Krugman @paulkrugman

From the CBO: Huge fiscal support for families in business last month, almost all of it disappearing 2/ https://t.co/L6FNUliHtl — PolitiTweet.org

Posted Aug. 14, 2020

Followed By

Paul Krugman @paulkrugman

Business econs I talk to think there will be a deal. But why? The Trump "plan" is totally unworkable, but will probably prevent any real deal for months. Again, why aren't we panicking? 4/ — PolitiTweet.org

Posted Aug. 14, 2020