Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 30, 2021

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Sun Nov 14 17:44:40 +0000 2021

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Paul Krugman @paulkrugman

Real final demand (excluding inventories) is up 2.6% over the past two years. That's well short of normal growth in potential output 2/ https://t.co/CK4M5DpkQm — PolitiTweet.org

Posted Nov. 14, 2021

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Paul Krugman @paulkrugman

Trying to clarify my own thoughts on inflation. I got inflation wrong; I didn't see the current surge coming. But why? I didn't think the fiscal stimulus early this year would boost demand as much as Summers et al predicted ... and, in fact, so far it hasn't 1/ — PolitiTweet.org

Posted Nov. 14, 2021

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Paul Krugman @paulkrugman

What's happened, however, is that we've faced supply constraints, both supply-chain issues in meeting huge demand for durable goods and withdrawal of workers from the labor force, i.e. Great Resignation 3/ — PolitiTweet.org

Posted Nov. 14, 2021