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Ro Khanna

@RoKhanna ↗

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Last Checked Sept. 21, 2022

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Thu Aug 25 18:26:01 +0000 2022

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Ro Khanna @RoKhanna

To be fair, many highly respected economists such as Nobel Laureate @JosephEStiglitz think this will have de minimus inflationary impact offset by resumption of interest payments. His argument seems straightforward and compelling. https://t.co/aYTaBUJx4C — PolitiTweet.org

Jason Furman @jasonfurman

A lot of well intentioned, thoughtful people seem to be misunderstanding the inflation argument around student loan… https://t.co/34h81nmnaa

Posted Aug. 25, 2022

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Ro Khanna @RoKhanna

RT @11thHour: Pres. Biden announced he will cancel up to $10k in student loan debt for certain borrowers, up to $20k for Pell Grant recipie… — PolitiTweet.org

Posted Aug. 25, 2022 Retweet

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Ro Khanna @RoKhanna

That is the long term macro impact over the next 10 years & was based on more forgiveness. No short term inflation is the point! The improvement in credit can help lead to home sales (stiglitz), new businesses, and investment. Productivity gains could offset long term inflation. — PolitiTweet.org

Jason Furman @jasonfurman

@RoKhanna @JosephEStiglitz But Joe is contradicting your view that relief will add to GDP & jobs by increasing home… https://t.co/DmgPK…

Posted Aug. 25, 2022