Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

Created

Sat Dec 05 13:04:00 +0000 2020

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Paul Krugman @paulkrugman

The federal govt was providing roughly as much stimulus in 2019, with 4% unemployment, as in 2012, with 8% unemployment. The stimulus was badly designed — in particular, corporate tax cuts didn't boost investment. But still 2/ — PolitiTweet.org

Posted Dec. 5, 2020 Hibernated

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Paul Krugman @paulkrugman

Looking back at the Trump economy, what's striking is how Keynesian policy was in practice. Look at the cyclically adjusted budget deficit, a rough measure of fiscal stimulus 1/ https://t.co/dqrhTBtPHd https://t.co/bySyKp2f80 — PolitiTweet.org

Posted Dec. 5, 2020 Hibernated

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Paul Krugman @paulkrugman

This tells you part of the stakes in the GA runoffs: if Rs hold the Senate, they will try to reverse this stimulus to cripple the Biden economy 3/ — PolitiTweet.org

Posted Dec. 5, 2020