Paul Krugman

@paulkrugman ↗

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Last Checked March 31, 2023

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Sat Jan 28 13:35:24 +0000 2023

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Paul Krugman @paulkrugman

But now the argument is between what we might call Team Stagflation and Team Soft Landing. Many of the same players, but in many ways a role reversal in arguments 4/ — PolitiTweet.org

Posted Jan. 28, 2023

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Paul Krugman @paulkrugman

Second, the current inflation debate is very different from the one that took place in 2021. Then, Team Transitory argued that despite large fiscal stimulus we wouldn't see a big rise in inflation; we were wrong, and have admitted that 3/ — PolitiTweet.org

Posted Jan. 28, 2023

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Paul Krugman @paulkrugman

At this point the big surge in domestic spending is behind us, with nominal spending growth rapidly slowing to rates more or less consistent with target inflation 5/ https://t.co/ZjeFjjFVGy — PolitiTweet.org

Posted Jan. 28, 2023