Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 28, 2021

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Sun Oct 17 15:33:33 +0000 2021

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Paul Krugman @paulkrugman

That's not a condemnation: WV has to a large extent been stranded by changes in economic geography. But the state's true interest lies in strengthening the safety net now and searching for a better future — not trying to hold on to an unrecoverable past 7/ — PolitiTweet.org

Posted Oct. 17, 2021

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Paul Krugman @paulkrugman

In any case, the larger point is that coal is a shrinking and doomed sector. Right now, WV's economy is largely supported by federal transfers, with de facto aid of about 17% of the state's GDP 6/ https://t.co/o1Gvy3ooRR — PolitiTweet.org

Posted Oct. 17, 2021

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Paul Krugman @paulkrugman

A bit more on fossil fuels and West Virginia. The thing that always strikes me is that the state stopped being a coal-fueled economy a *long* time ago. Here's the share of coal mining in total compensation (a better measure than share of GDP, as I'll explain) 1/ https://t.co/46yhCwmUoV — PolitiTweet.org

Posted Oct. 18, 2021