Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 12, 2021

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Sat Dec 19 13:40:27 +0000 2020

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Paul Krugman @paulkrugman

So, after all McConnell's railing against "blue state bailouts", red states by and large experiencing a bigger revenue hit than blue — bc red state tax systems are regressive, blue somewhat progressive 1/ https://t.co/hp0Vbtjuxe — PolitiTweet.org

Posted Dec. 19, 2020

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Paul Krugman @paulkrugman

Now, few people are predicting a renewed financial crisis — but then, financial crises are almost by definition unpredictable, bc if people knew they were coming they would have happened already. Tying the Fed's hands is just a way to ensure that the worst might happen 6/ — PolitiTweet.org

Posted Dec. 19, 2020

Followed By

Paul Krugman @paulkrugman

The pandemic slump has hit low-wage workers hard, while the affluent have by and large been OK. So states with significant taxes on high incomes have suffered less revenue loss than places like Texas and Florida with no income tax 2/ — PolitiTweet.org

Posted Dec. 19, 2020