Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 29, 2020

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Wed Dec 02 15:34:52 +0000 2020

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Paul Krugman @paulkrugman

More on fiscal issues: once Biden is in office, expect Rs to wave around a lot of charts purporting to show a dangerous long-run debt trajectory. And to be fair, long-term CBO projections show a big rise in debt 1/ — PolitiTweet.org

Posted Dec. 2, 2020

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Paul Krugman @paulkrugman

But unless Dems win both GA Senate races, expect total blockade and sabotage from McConnell; and even if they do, an expansive agenda may not get through. We know what to do; unfortunately, knowledge isn't necessarily power 3/ — PolitiTweet.org

Posted Dec. 2, 2020 Hibernated

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Paul Krugman @paulkrugman

But what's driving those projections? Mainly it's rising interest costs — which in turn are driven largely by the assumption that rates will rise a lot 2/ https://t.co/q0AjPNfrV3 — PolitiTweet.org

Posted Dec. 2, 2020 Hibernated