Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 14, 2022

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Wed Jul 13 22:51:52 +0000 2022

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Paul Krugman @paulkrugman

Of course could be true. But cost of wrongly accepting high U as the norm would be huge 4/ — PolitiTweet.org

Posted July 13, 2022

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Paul Krugman @paulkrugman

Also, weird echo of early 2010s when analysts responded to cyclical decline by reducing estimates of potential output. And funny how the story has shifted from”we need a period of 5% unemployment” to “5% is permanent” 3/ — PolitiTweet.org

Posted July 13, 2022

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Paul Krugman @paulkrugman

Even worse than that. Different growth and employment numbers telling different stories. Wrote about this Tuesday https://t.co/kbbG0bgWBi — PolitiTweet.org

If you're not a little confused about the economy you're not paying attention. Three of many historically large dis… https://t.co/PshgU9bEvq

Posted July 14, 2022