
Paul Krugman @paulkrugman
Thread. Quite close to my own thoughts. If this were just about stimulus, it's a lot bigger than needed. But it isn't, which is why multipliers are probably low and that's OK. Overheating quite possible; stagflation, ie sustained inflation hard to reverse, unlikely 1/ — PolitiTweet.org
Joseph Gagnon @GagnonMacro
@mattyglesias As someone who agrees with @LHSummers that the stimulus is too big but also agrees with @PaulKrugman… https://t.co/rYfEYFOWSv