Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 7, 2021

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Sat Jan 16 12:38:32 +0000 2021

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Paul Krugman @paulkrugman

Basically, after Rs took the House in 2010, they forced austerity on the Obama administration, delaying recovery. Then they cheerfully presided over both tax cuts and spending increases under Trump 3/ — PolitiTweet.org

Posted Jan. 16, 2021

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Paul Krugman @paulkrugman

Annual fiscal impulse is the change in CBO's estimate of the cyclically adjusted budget balance; it's a rough measure of stimulus, but good enough to make the point 2/ https://t.co/H45kcOmdYz — PolitiTweet.org

Posted Jan. 16, 2021

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Paul Krugman @paulkrugman

In fact, given the scale of the shift from austerity to stimulus, it's surprising that the Trump economy wasn't stronger. It may have been held back by trade-war uncertainty, and/or poorly targeted stimulus 4/ — PolitiTweet.org

Posted Jan. 16, 2021