Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 20, 2021

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Tue Dec 29 12:53:55 +0000 2020

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Paul Krugman @paulkrugman

So if you have a fixed amount to spend, unemployment benefits and maybe small-business aid should be priorities, not checks that will in many cases go to people who are doing OK 4/ — PolitiTweet.org

Posted Dec. 29, 2020

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Paul Krugman @paulkrugman

The key economic argument, which @crampell picks up on, is that given a slump that has affected people very unevenly, aid should concentrate on those actually suffering 3/ https://t.co/9PVyK4euDd — PolitiTweet.org

Posted Dec. 29, 2020

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Paul Krugman @paulkrugman

But is there a fixed amount to spend? No binding budget constraint for the feds, so this is all about politics. And my sense is that broad issuance of checks is actually kind of a loss leader, helping to sell a package that includes UI 5/ — PolitiTweet.org

Posted Dec. 29, 2020