Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

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Fri Sep 04 16:53:37 +0000 2020

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Paul Krugman @paulkrugman

But there was a big fall in the unemployment rate. How is that possible? Well, it's a different survey — one of households. And it's generally considered less reliable; maybe especially so now, with Covid depressing response rates 4/ — PolitiTweet.org

Posted Sept. 4, 2020 Hibernated

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Paul Krugman @paulkrugman

And this number, by the way, was pretty much consistent with what other indicators, from credit card data to the Beige Book, were saying: growing, but rapid snapback is over 3/ — PolitiTweet.org

Posted Sept. 4, 2020 Hibernated

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Paul Krugman @paulkrugman

When economic data don't seem to match the story you're getting from other sources, the odds are higher that the data are for whatever reason misleading. Important: you DON'T want to say that because you don't like what the data say. That's not the point 5/ — PolitiTweet.org

Posted Sept. 4, 2020 Hibernated