Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Sat May 29 12:07:19 +0000 2021

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Paul Krugman @paulkrugman

Biden's economists claim that their family policies would increase labor supply, which is reasonable 4/ https://t.co/RvSdO47M3Y — 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

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Paul Krugman @paulkrugman

But even there the main thing is helping families — changing the things you can — not creating an implausible surge in GDP 5/ — PolitiTweet.org

Posted May 29, 2021