Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 15, 2021

Created

Wed Dec 23 16:38:14 +0000 2020

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Paul Krugman @paulkrugman

Where we are now is that a minority of American have suffered a catastrophic loss of income, which is likely to last at least 6 months, while many have suffered no loss at all. Sending everyone a check is not a good response 2/ — PolitiTweet.org

Posted Dec. 23, 2020

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Paul Krugman @paulkrugman

Dems are gleefully signing on to Trump's demand for $2000 checks, hoping to embarrass Rs; fair enough. And it would do no harm, since debt is not a problem given negative real interest rates. But the way this is playing out is still bad news for the future 1/ — PolitiTweet.org

Posted Dec. 23, 2020

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Paul Krugman @paulkrugman

For someone who won't have earnings until we have mass vaccination, even a $2000 check isn't remotely enough to compensate for the loss of that $300 a week extra unemployment benefit starting in mid-March 3/ — PolitiTweet.org

Posted Dec. 23, 2020