Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Sat May 29 12:00:51 +0000 2021

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Paul Krugman @paulkrugman

No bombastic boasts about incredible economic growth — because the Bidenites aren't that kind of people, and history has been unkind to such boasts. Policy can cure or cause recessions, but long-run growth is hard to change 2/ — PolitiTweet.org

Posted May 29, 2021

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Paul Krugman @paulkrugman

So Biden has proposed a Serenity Prayer budget: "God, grant me the serenity to accept the things I cannot change, courage to change the things I can, and wisdom to know the difference." 1/ https://t.co/J0Fu7bKFIE — PolitiTweet.org

Posted May 29, 2021

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Paul Krugman @paulkrugman

One way to measure these effects is to look at growth between business cycle peaks. So, how did the economy fare between 1973 and 1979, amid oil shocks etc? 2.92% growth. How did it fare between 1979 and 1989, after Reagan's miraculous tax cuts? 3.05% growth 3/ — PolitiTweet.org

Posted May 29, 2021