Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2020

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Wed Oct 28 17:24:35 +0000 2020

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Paul Krugman @paulkrugman

What we know from lots of evidence is that we're having a "reverse square root recovery" — huge plunge, rapid partial snapback, much slower growth since: 2/ https://t.co/Ci3HC2rHRX — PolitiTweet.org

Posted Oct. 28, 2020

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Paul Krugman @paulkrugman

Lots of good explainers on why the big GDP number we're likely to see tomorrow doesn't actually mean we're doing OK. I thought I'd add a schematic graph 1/ https://t.co/0Ga5ifat21 — PolitiTweet.org

Math interlude #2: Fun with quarterly averaging! When the BEA says GDP was $19 trillion in the fourth quarter, it m… https://t.co/RArOWQcf7o

Posted Oct. 28, 2020

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Paul Krugman @paulkrugman

"3rd quarter growth" will actually be growth from the average of the 2nd q to the average of the 3rd — which means that it will mostly be telling us that there was rapid growth earlier this year, not that we're growing now: 3/ https://t.co/klCMqtVO5t — PolitiTweet.org

Posted Oct. 28, 2020