Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 21, 2022

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Sun Dec 27 16:59:42 +0000 2020

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Paul Krugman @paulkrugman

Maybe Ds should have fought harder for more weeks of UI, but I don't see the harm in borrowing some more money at negative real interest rates; at least some of it will go to people who need it 4/ — PolitiTweet.org

Posted Dec. 27, 2020 Hibernated

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Paul Krugman @paulkrugman

LS should always be listened to, but I think he's wrong here. I agree that across-the-board checks are not an ideal policy — much better to extend enhanced unemployment benefits until the economy recovers — but that's not politically on the table 3/ — PolitiTweet.org

Posted Dec. 27, 2020 Hibernated

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Paul Krugman @paulkrugman

Larry appears to be worried that across-the-board checks will overheat the economy, leading to inflation. Again, I agree that the economy is likely to recover fast once there's a vaccine, so that demand-side stimulus won't be crucial. But inflationary pressure? Not a worry 5/ — PolitiTweet.org

Posted Dec. 27, 2020 Hibernated