Paul Krugman

@paulkrugman ↗

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Last Checked July 9, 2021

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Thu Jun 24 22:22:40 +0000 2021

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Paul Krugman @paulkrugman

One thing I'm not seeing much focus on yet is the pay-fors. What are these public-private partnerships? Are the spectrum auctions new or are they things that would have taken place anyway? Etc. 3/ — PolitiTweet.org

Posted June 24, 2021

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Paul Krugman @paulkrugman

I'm not entirely sure about the politics of doing it this way, and don't claim any special insight. I can sort of see the advantages to Rs of not seeming totally obstructionist, and to Biden of seeming to reach out. But isn't this a zero-sum game? Hard to parse 2/ — PolitiTweet.org

Posted June 24, 2021

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Paul Krugman @paulkrugman

As best I can tell, however, a lot of this is taking revenue that would have come in anyway and saying that it's paying for this plan — which means that in an economic sense it's largely deficit-financed. And that's OK! 4/ — PolitiTweet.org

Posted June 24, 2021