Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

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Wed Nov 25 13:18:36 +0000 2020

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Paul Krugman @paulkrugman

Back in the 90s some of us looked at Japan and worried that the rest of us could experience similar problems 2/ https://t.co/ZEILV7tmbT — PolitiTweet.org

Posted Nov. 25, 2020 Hibernated

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Paul Krugman @paulkrugman

I missed this, from Adam Posen, about how we should stop thinking of Japan as a cautionary tale and learn lessons from its successes. Completely agree 1/ https://t.co/kIkH4d1JeI — PolitiTweet.org

Posted Nov. 25, 2020

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Paul Krugman @paulkrugman

Which indeed we did. And here's the thing: we handled those problems worse, turning to fiscal austerity much too soon and experiencing mass unemployment in a way the Japanese never did 3/ — PolitiTweet.org

Posted Nov. 25, 2020