Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2023

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Fri Feb 24 18:16:51 +0000 2023

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Paul Krugman @paulkrugman

If you ask me, our big prediction problems now don't involve aggregate supply — what we're seeing is more or less consistent with a nonlinear Phillips curve — but aggregate demand. Why is spending so resilient? 3/ — PolitiTweet.org

Posted Feb. 24, 2023

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Paul Krugman @paulkrugman

The big Biden stimulus was two years ago; its effects should be receding. The Fed has raised rates 450 basis points, and despite all the talk of financial conditions not responding, mortgage rates — where the rubber usually meets the road — are way up 2/ — PolitiTweet.org

Posted Feb. 24, 2023

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Paul Krugman @paulkrugman

RT @nytopinion: “In modern America,” @paulkrugman writes, “some of the biggest beneficiaries of means-tested programs are rural white peopl… — PolitiTweet.org

Posted Feb. 25, 2023 Retweet