Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

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Tue Dec 15 12:44:28 +0000 2020

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Paul Krugman @paulkrugman

And the higher-wage workers who haven't been hurt much by the pandemic have been saving a lot, and are now flush with cash 3/ https://t.co/ZvQvP78aV8 — PolitiTweet.org

Posted Dec. 15, 2020 Hibernated

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Paul Krugman @paulkrugman

Over the next few months millions of Americans will be in desperate straits — savings exhausted, quite possibly evicted and homeless. But laid-off workers tend to be low-wage, which is why GDP has recovered much more than employment (Macro Advisers data) 2/ https://t.co/DZYiPYdigO — PolitiTweet.org

Posted Dec. 15, 2020 Hibernated

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Paul Krugman @paulkrugman

What all this means is that we'll be well set up for a rapid economic surge once the vaccine is widely distributed, even though many Americans will have been financially ruined. It's grossly unfair, and shouldn't have happened this way, but it's how things are 4/ — PolitiTweet.org

Posted Dec. 15, 2020 Hibernated