Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 13, 2020

Created

Fri Sep 25 11:22:03 +0000 2020

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Paul Krugman @paulkrugman

But the same thing was true in 2010; yet all the Very Serious People were calling for fiscal austerity, saying that it would improve confidence, and warning about the dangers of debt 3/ https://t.co/PDxoGBkgYN — PolitiTweet.org

Posted Sept. 25, 2020

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Paul Krugman @paulkrugman

Basically they say that under Biden government spending will be higher, that this will lead to faster recovery, and that with low interest rates debt won't be a problem. And this seems to be conventional wisdom across much of the spectrum 2/ — PolitiTweet.org

Posted Sept. 25, 2020

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Paul Krugman @paulkrugman

It now seems to be almost universally acknowledged that this was a serious mistake; but somehow we got there without anyone admitting that they were wrong before. Oh well 4/ — PolitiTweet.org

Posted Sept. 25, 2020