Paul Krugman

@paulkrugman ↗

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Last Checked July 10, 2021

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Sat Jul 10 12:18:31 +0000 2021

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Paul Krugman @paulkrugman

But KY is under the delusion that it hates big govt while in fact big govt is the only thing that saves it from economic desperation 4/ — PolitiTweet.org

Posted July 10, 2021

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Paul Krugman @paulkrugman

Mainly, that's bc KY is relatively poor, so pays little in taxes, and has high disability rates, meaning relatively high benefits from Social Security and spending by Medicare/Medicaid. So it's govt programs doing what they're supposed to 3/ — PolitiTweet.org

Posted July 10, 2021

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Paul Krugman @paulkrugman

Indeed. And when the Pareto coeff changes this is what u see. But lots of ppl didn’t see this. They thought it was college v non or something — PolitiTweet.org

Krugman does I think get bragging rights as the coiner of the phrase "fractal inequality", although I'll note this… https://t.co/QQEz524H0k

Posted July 10, 2021