Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2021

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Thu Jul 29 13:25:33 +0000 2021

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Paul Krugman @paulkrugman

Now, Rs haven't done the math (surprise). Even if purely debt-financed, the Biden plans wouldn't be all that big a stimulus. Here's potential GDP as predicted by CBO 4/ https://t.co/YiCp5RuGe4 — PolitiTweet.org

Posted July 29, 2021

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Paul Krugman @paulkrugman

Meanwhile Dems are arguing that things like child care will expand the labor supply and other policies will raise productivity 3/ — PolitiTweet.org

Posted July 29, 2021

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Paul Krugman @paulkrugman

Cumulative over the next decade is $295 trillion. So even a $4T plan is only slightly over 1% of pot GDP. And largely paid for, although many of the pay-fors look like vaporware. Still, overall fiscal impulse not big 5/ — PolitiTweet.org

Posted July 29, 2021