Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 26, 2021

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Sun Aug 08 14:01:46 +0000 2021

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Paul Krugman @paulkrugman

Total cost of that shortfall? Around $3 trillion. And elite opinion thought throwing away that $3 trillion was the prudent, responsible thing to do. Remember this when the usual suspects start whining about debt again 7/ — PolitiTweet.org

Posted Aug. 8, 2021

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Paul Krugman @paulkrugman

How I think of it: throughout the Obama years there was a huge gap between what the economy could have been producing and what it actually produced; adequate federal spending could have eliminated that gap 6/ https://t.co/XAgKHaT9Dh — PolitiTweet.org

Posted Aug. 8, 2021

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Paul Krugman @paulkrugman

Obligatory sense of scale: even if all of this happens along with the bipartisan thingie, it will amount to 1.3% of GDP over the next decade. Huge by recent standards, but recent standards have been pitiful https://t.co/5dQPiTKgS5 — PolitiTweet.org

Posted Aug. 9, 2021