Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 10, 2021

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Fri Dec 18 14:46:23 +0000 2020

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Paul Krugman @paulkrugman

In general, discussions on this point emphasize the impact of the rules but don't say much about their justification 2/ https://t.co/zAux0YNnZI. — PolitiTweet.org

Posted Dec. 18, 2020

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Paul Krugman @paulkrugman

The absence of state aid is a huge problem, because state and local governments, unlike the federal gov, are required to balance their budgets. But why? Important question 1/ https://t.co/VX2EDdHFVx — PolitiTweet.org

Posted Dec. 18, 2020 Hibernated

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Paul Krugman @paulkrugman

My take is that the difference from the federal rules is ultimately driven by the difference in likely permanence of economic shocks. The nation as a whole can be expected to bounce back from a recession, which means that revenue will return 3/ — PolitiTweet.org

Posted Dec. 18, 2020 Hibernated