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Paul Krugman @paulkrugman

I couldn't stop myself from looking this up: Ohio has a very high rate of deaths of despair per 100,000 people, roughly twice as high as the rate in New York 5/ https://t.co/Qv1snyKxRv — PolitiTweet.org

Posted July 11, 2021
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Paul Krugman @paulkrugman

Yes, there are bad places and people (although New Yorkers are, on the whole, remarkably considerate and helpful when it counts.) But that's true anywhere 4/ — PolitiTweet.org

Posted July 11, 2021
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Paul Krugman @paulkrugman

Jackson Heights any day of the week, to see the decency of the world's most diverse neighborhood; Brighton Beach, for a bit of my own cultural heritage. Every New Yorker probably has their own special places 3/ — PolitiTweet.org

Posted July 11, 2021
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Paul Krugman @paulkrugman

FWIW, there are places in NYC I like to visit when I want to feel good about humanity. Riverside Park on a nice afternoon, to see people (and their dogs) enjoying themselves in a huge variety of ways 2/ — PolitiTweet.org

Posted July 11, 2021
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Paul Krugman @paulkrugman

Lots of people ragging on this, and rightly so. But important to realize that Vance isn't a fool, he's a fraud. He knows perfectly well that NYC isn't a hellhole; but he's playing to a right-wing base he holds in contempt 1/ https://t.co/3qVaMAoaO2 — PolitiTweet.org

Posted July 11, 2021
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Paul Krugman @paulkrugman

Indeed. And when the Pareto coeff changes this is what u see. But lots of ppl didn’t see this. They thought it was college v non or something — PolitiTweet.org

John Voorheis @john_voorheis

Krugman does I think get bragging rights as the coiner of the phrase "fractal inequality", although I'll note this… https://t.co/QQEz524H0k

Posted July 10, 2021
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Paul Krugman @paulkrugman

But KY is under the delusion that it hates big govt while in fact big govt is the only thing that saves it from economic desperation 4/ — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

Mainly, that's bc KY is relatively poor, so pays little in taxes, and has high disability rates, meaning relatively high benefits from Social Security and spending by Medicare/Medicaid. So it's govt programs doing what they're supposed to 3/ — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

On average, residents of KY receive $14K more in federal spending than they pay in federal taxes — making the state the nation's #1 welfare recipient 2/ https://t.co/o1Gvy3ooRR — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

Joe Biden having some fun ridiculing McConnell for boasting about aid he tried to block; but it's worse than that 1/ https://t.co/HaOE33MQEy — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

But anyway, p 133 from paperback 3/ https://t.co/ZTkjGTr4gh — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

Always good to see yr catchphrases reach the point where nobody knows where they came from 2/ — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

Agreed about the fractal nature of inequality — but can't help pointing out that I introduced that concept in "Peddling prosperity" back in 1994 1/ — PolitiTweet.org

Matthew Yglesias @mattyglesias

The right way to understand this is @chrislhayes's "fractal inequality" concept. The economic gap between the ric… https://t.co/cfKmpOUhu7

Posted July 10, 2021
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Paul Krugman @paulkrugman

The Marxist communist socialists at, um, JP Morgan find no evidence that cutting unemployment benefits creates jobs https://t.co/oahYEUERf3 — PolitiTweet.org

Posted July 10, 2021
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Paul Krugman @paulkrugman

Suddenly we're thriving, or at least that's what we tell Gallup. Why? https://t.co/wjlJEy4BuY — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

Post-Reagan isn't a flawed success story; it's a failure made worse by inequality 5/ — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

And here's another view of the same data, emphasizing that slowdown in median reflected both inequality and overall slowdown 4/ https://t.co/LWYcbpUGNO — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

Here's log of mean and median family incomes, which grew in tandem <1980, then both flattened and diverged after 3/ https://t.co/F6Aq4V0ktE — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

Widespread perception that growth accelerated but was unevenly distributed; in fact growth slowed AND was unevenly distributed 2/ — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

Yes, yes, yes! 1/ — PolitiTweet.org

Mike Konczal @rortybomb

Big ideological evolution to talk about the era of the last 40 years as one of slow growth, excessive profits, mass… https://t.co/9OPIaRmkdP

Posted July 9, 2021
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Paul Krugman @paulkrugman

Hopeless task. Hey, I'm still trying to use "data" as a plural except when it refers to android Starfleet commanders — PolitiTweet.org

Larry Levitt @larry_levitt

In his new executive order on promoting competition, President Biden comes down clearly on one side of a contentiou… https://t.co/hW1I6qHlbz

Posted July 9, 2021
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Paul Krugman @paulkrugman

RT @nytopinion: . @PaulKrugman responded to readers commenting on his column "The Trumpian Roots of the Chip Crisis." Read their exchanges… — PolitiTweet.org

Posted July 9, 2021 Retweet
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Paul Krugman @paulkrugman

RT @ChadBown: Some of today's supply chain bottlenecks trace back to President Trump's trade policies. (Excellent explainer of the channel… — PolitiTweet.org

Posted July 9, 2021 Retweet
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Paul Krugman @paulkrugman

RT @ritholtz: Bottlenecks caused by the Semiconductor chip shortage? @paulkrugman says, "Blame Trump's trade policies." https://t.co/ks2z… — PolitiTweet.org

Posted July 9, 2021 Retweet
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Paul Krugman @paulkrugman

An anecdote from my pre-beard days. I have no memory of it. — PolitiTweet.org

Simon Bowmaker @SimonBowmaker

“…I have vivid memories of giving my first seminar (as a graduate student at Yale)…putting the model up on the boar… https://t.co/Z6xFQagldR

Posted July 9, 2021
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Paul Krugman @paulkrugman

Tariff Man and the price of used cars https://t.co/vUMyGs7K4S — PolitiTweet.org

Posted July 9, 2021
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Paul Krugman @paulkrugman

Haven't seen anyone else flag this, but used car prices dropped in June. Only a little, but another sign that a lot of recent inflation is transitory https://t.co/C1xP95khqd — PolitiTweet.org

Posted July 8, 2021
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Paul Krugman @paulkrugman

Radicals want to defund the tax police. Two, three, many Wesselbergs! https://t.co/SXiiN586Rt — PolitiTweet.org

Posted July 8, 2021
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Paul Krugman @paulkrugman

Whichever way this turns out, let's hope that the opposing sides in this debate do what the inflationistas of the Obama era never did: admit they were wrong, and try to learn from their mistakes 3/ — PolitiTweet.org

Posted July 8, 2021
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Paul Krugman @paulkrugman

Of course, markets can be wrong. Circa 2005 Dean Baker and others, including yours truly, saw compelling evidence for a housing bubble, which the markets shrugged off; the bubbleheads, as Kudlow called us, were right 2/ — PolitiTweet.org

Posted July 8, 2021