Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 7, 2021

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Fri Feb 05 18:51:21 +0000 2021

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Paul Krugman @paulkrugman

I mean, suppose that the Fed ends up hiking rates because unemployment is 3.2% and the economy is growing at 8%. Would that be so bad? But while I don't think Summers is being helpful, the fact that he is weighing in like this says some good things about Democrats 2/ — PolitiTweet.org

Posted Feb. 5, 2021

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Paul Krugman @paulkrugman

Lots of people are dunking on Larry Summers today, and in my view rightly so; this piece by Jordan Weissman seems especially on point. Yes, a rescue package this size could lead to overheating, but how bad is that? 1/ https://t.co/X4ArVunvpg — PolitiTweet.org

Posted Feb. 5, 2021

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Paul Krugman @paulkrugman

As Kevin Drum pointed out long ago, there's a "hack gap" between the parties: even Republicans who should know better fall in line to back the party line, as economists did for the 2017 tax cut. Democrats, not so much 3/ — PolitiTweet.org

Posted Feb. 5, 2021