Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked Sept. 21, 2020

Created

Sun Aug 30 16:00:23 +0000 2020

Likes

498

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

The other was the CARES Act, which contained a bunch of stuff. All indications, however, are that the really crucial element was that $600 a week supplement to unemployment benefits. Those $1200 checks appear to mostly have been saved; it was UI that provided the stimulus 3/ — PolitiTweet.org

Posted Aug. 30, 2020

Preceded By

Paul Krugman @paulkrugman

So, about that rescue: two crucial things kept the U.S. economy from going into total meltdown this spring. One was the Fed's extremely aggressive intervention to stabilize financial markets, which was basically Jerome Powell, not anyone in the Trump team 2/ — PolitiTweet.org

Posted Aug. 30, 2020

Followed By

Paul Krugman @paulkrugman

And the $600 was, of course, a Democratic idea, which most Republicans hated. Mnuchin gets some credit for helping sell Trump on letting it get enacted anyway. But it's really Pelosi/Schumer policy 4/ — PolitiTweet.org

Posted Aug. 30, 2020