Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Sat May 29 17:12:59 +0000 2021

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Paul Krugman @paulkrugman

Apocalyptic view that we're headed back to stagflation a distinct minority view, though not a crank position. And concern that the Fed might not tap on the brakes soon enough a common worry — again, one that I share! 3/ — PolitiTweet.org

Posted May 29, 2021

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Paul Krugman @paulkrugman

Whether it's so much bigger than needed *as stimulus* that it will cause major problems less of a consensus, though by no means an outlier position 2/ — PolitiTweet.org

Posted May 29, 2021

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Paul Krugman @paulkrugman

Basically, you miss the real debate if you frame this as a replay of 2009. Not many academics saying what I was saying (correctly) then — that the plan was way underpowered. This time it's about whether going bigger than we probably need in macro terms is an acceptable risk 4/ — PolitiTweet.org

Posted May 29, 2021