Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2021

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Fri Mar 05 13:35:54 +0000 2021

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Paul Krugman @paulkrugman

If you believe, as I think you should, that we're in a protracted era of low rates/savings glut, this is unreasonable. And in any case, you shouldn't read CBO as saying that "we're on an unsustainable path" That's not what it says 6/ — PolitiTweet.org

Posted March 5, 2021

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Paul Krugman @paulkrugman

Mostly it's just the assumption — and it's just an assumption — that the interest rate on federal debt will rise drastically, back to levels we haven't seen since before the 2008 financial crisis 5/ https://t.co/LsXVJacEFS — PolitiTweet.org

Posted March 5, 2021

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Paul Krugman @paulkrugman

What it says is that interest payments could become a bigger deal if for some reason, which is hard to specify, federal borrowing costs rise to levels we haven't actually seen for many years. Doesn't quite have the same ring ... 7/ — PolitiTweet.org

Posted March 5, 2021