Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 20, 2022

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Wed Oct 05 13:02:38 +0000 2022

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Paul Krugman @paulkrugman

Lots of people pointing out that August's sharp decline in the job openings/unemployment ratio still leaves us well above pre pandemic level. But how many months like August would it take to eliminate the gap? Two. 4/ https://t.co/FSnDwziiwK — PolitiTweet.org

Posted Oct. 5, 2022

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Paul Krugman @paulkrugman

Say the lag is 6 months, which I think is conservative. Here's the 10-year rate lagged 6 months. We're just at the beginning of a large Fed-induced cooling/contraction 3/ https://t.co/tCmBpPvN82 — PolitiTweet.org

Posted Oct. 5, 2022

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Paul Krugman @paulkrugman

Yes, the Fed was behind the curve on rising inflation. But I worry that we may be enacting the old joke about the driver who runs over a pedestrian, then tries to fix it by backing up — and runs over the guy a second time 5/ — PolitiTweet.org

Posted Oct. 5, 2022