Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 18, 2022

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Thu Jan 20 12:40:04 +0000 2022

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Paul Krugman @paulkrugman

Thinking a bit more about Biden's low approval rating on the economy despite huge job gains. One explanation is that inflation has eroded real wages. But some historical perspective: this is nothing like the Carter years (composition effects skew the pandemic numbers) 1/ https://t.co/5aBxj96Dhe — PolitiTweet.org

Posted Jan. 20, 2022

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Paul Krugman @paulkrugman

Those who warned about inflation were right, those of us who downplayed the risks were wrong. But the details remain inconsistent with a simple "too much spending" story https://t.co/MWF0hfelDI — PolitiTweet.org

Posted Jan. 19, 2022

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Paul Krugman @paulkrugman

And perhaps more apropos: I still remember Bush the Elder winning in 1988 on the economy — yet real wages declined through Reagan's 2nd term 2/ https://t.co/7rnYByRFrN — PolitiTweet.org

Posted Jan. 20, 2022