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Paul Krugman

@paulkrugman ↗

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Last Checked April 24, 2021

Created

Wed Mar 31 19:06:44 +0000 2021

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195

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32

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Paul Krugman @paulkrugman

Real interest rate over time (using previous 3-year core inflation) 3/ https://t.co/eViZnWxARf — PolitiTweet.org

Posted March 31, 2021

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Paul Krugman @paulkrugman

Also very much agree that the case for a full pay-for via taxes is weak, given extremely low real interest rates, which are a triple reason to spend: we can afford it, private sector doesn't see high returns, and it means that we need to worry about secular stagnation 2/ — PolitiTweet.org

Posted March 31, 2021

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Paul Krugman @paulkrugman

But Biden team knows all this. If they can pass tax increases linked to physical infrastructure, this creates space for being relaxed about budget implications of child care etc initiatives 4/ — PolitiTweet.org

Posted March 31, 2021

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