Paul Krugman

@paulkrugman ↗

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Last Checked March 24, 2022

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Tue Feb 15 15:33:47 +0000 2022

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Paul Krugman @paulkrugman

Crude prices are set on world markets; US refinery capacity utilization is if anything a bit low by historical norms. Isn't this a situation in which you would normally expect tax cuts to be passed on to consumers? 3/ https://t.co/jt5piDV9BR — PolitiTweet.org

Posted Feb. 15, 2022

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Paul Krugman @paulkrugman

All right-thinking economists are condemning the idea of temporarily cutting gasoline taxes, saying that it would do little to help consumers and mainly help oil companies. Is this right? 2/ — PolitiTweet.org

Posted Feb. 15, 2022

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Paul Krugman @paulkrugman

At the same time, many economists are urging Biden to eliminate the Trump tariffs on imports, saying that this would reduce inflation. But we're in a supply-chain crisis! Wouldn't the short-run benefits of lower tariffs mostly go to the shipping industry? 4/ — PolitiTweet.org

Posted Feb. 15, 2022