Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 21, 2020

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Sun Aug 30 16:01:33 +0000 2020

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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

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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

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Paul Krugman @paulkrugman

So, where does Mnuchin fit? The Trump administration initially included a fair number of right-wingers with some independent status, who somehow didn't fully take on the nature of what they were joining. Gary Cohn; Rex Tillerson; in a different way, James Mattis 5/ — PolitiTweet.org

Posted Aug. 30, 2020