Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 1, 2022

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Sun Jul 31 10:51:15 +0000 2022

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Paul Krugman @paulkrugman

This is *not* a critique of the BEA, which has to make estimates based on incomplete data and imputations; America is not a total surveillance state in which every transaction is observed by the government 2/ — PolitiTweet.org

Posted July 31, 2022

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Paul Krugman @paulkrugman

A characteristically informative deep dive by Matt Klein, suggesting that GDP may not actually have declined in the first half of 2022 1/ — PolitiTweet.org

New at THE OVERSHOOT: Is the 2022H1 GDP Decline...Fake? https://t.co/s1Mbh2Mipk <-- The details of the data cont… https://t.co/IwYBx1…

Posted July 31, 2022

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Paul Krugman @paulkrugman

But because all economic statistics are estimates, not direct observations, they can be inconsistent with each other and are often revised, sometimes by a lot 3/ — PolitiTweet.org

Posted July 31, 2022