Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 29, 2022

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Tue Oct 25 18:46:13 +0000 2022

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Paul Krugman @paulkrugman

If it's really all about the price of gas, discontent about the economy has little to do with Biden policies. Suppose there had been no ARP, and inflation was 2 points lower (a high estimate). The price of gas would still be about where it is 1/ https://t.co/gakt4pG7mm — PolitiTweet.org

Posted Oct. 25, 2022

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Paul Krugman @paulkrugman

On the other hand, notice how the party effectively policed this abortive move, unlike Rs who accommodate straight-out pro-Putin, anti-democracy members 3/ — PolitiTweet.org

Posted Oct. 25, 2022

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Paul Krugman @paulkrugman

And the fall in real wages in general is all about energy and food, which don't have much to do with domestic economic policy. In short, stimulus may have been excessive, but it doesn't explain the politics 2/ — PolitiTweet.org

Posted Oct. 25, 2022