Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 1, 2021

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Sat Dec 05 13:05:38 +0000 2020

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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

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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

I'd say it's a combination of slow growth in working-age pop and lack of investment-driving new technology, but it doesn't matter that much; the point, as you say, is that we're awash in excess savings, and resources aren't scarce 1/ https://t.co/LmDKtg5tNy — PolitiTweet.org

@paulkrugman Great points, @paulkrugman. But riddle me this: why does it take such strong pro-cyclical monetary and… https://t.co/9c3G0oRFSk

Posted Dec. 5, 2020 Hibernated