Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 29, 2020

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Wed Dec 02 14:59:05 +0000 2020

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Paul Krugman @paulkrugman

I'm following the emerging consensus on fiscal policy with a mixture of wonder and deep sadness. There has been a revolution in thinking about debt and deficits that could lead to great things — but probably won't because of politics 1/ https://t.co/tDUqZRDsWk — PolitiTweet.org

Posted Dec. 2, 2020

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Paul Krugman @paulkrugman

Bond yields, which are some indication of optimism about the economy, are up. So are stock prices, although all the usual caveats apply 2/ https://t.co/BZmm4ILWjx — PolitiTweet.org

Posted Dec. 2, 2020

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Paul Krugman @paulkrugman

Intellectually, the Very Serious People position circa 2013 that debt was the biggest issue facing America now looks deeply silly. Low interest rates and the obvious needs we face on infrastructure and climate mean that we need large-scale deficit-financed public investment 2/ — PolitiTweet.org

Posted Dec. 2, 2020 Hibernated