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Paul Krugman @paulkrugman
That myth is a zombie, which can't be killed by evidence. Someone should write a book about that ... — PolitiTweet.org
Heidi Shierholz @hshierholz
This is a hearing on the minimum wage and omg before this I had mistakenly let myself believe that the myth that mi… https://t.co/oK3lyIw1dL
Paul Krugman @paulkrugman
My take on CBO/minimum wage has been that the agency feels obliged, essentially because of the politics, to give credence even to studies with dubious methodology; no idea why it has *increased* that weight. Anyway, I trust Dube on this https://t.co/bze6hegcsz — PolitiTweet.org
Paul Krugman @paulkrugman
And he probably won't get a single Republican vote. The GOP simply isn't interested in helping to govern 3/ https://t.co/C1bDvdQ9fr — PolitiTweet.org
Paul Krugman @paulkrugman
Business is also a big fan 2/ https://t.co/NHaj20LM5t — PolitiTweet.org
Paul Krugman @paulkrugman
Anyone who believes, or pretends to believe, that Biden could have "unity" if he reached out to Republicans isn't following the economic debate. Biden's proposals have overwhelming public support 1/ https://t.co/dHyNeSB5vt — PolitiTweet.org
Paul Krugman @paulkrugman
Very good piece by Bill Dudley. Even if we do overheat as a result of the Biden package — which remains uncertain — unlikely to turn into sustained inflation https://t.co/h4ukySu1pZ — PolitiTweet.org
Paul Krugman @paulkrugman
When even Ted Cruz attacks profiteering, you know the game is up https://t.co/67lIGxORit — PolitiTweet.org
Paul Krugman @paulkrugman
Satire is dead, part MMXXI https://t.co/QWNJ5Xiaul — PolitiTweet.org
Paul Krugman @paulkrugman
Talking global shmobal https://t.co/2Gf7lNPWDw — PolitiTweet.org
Paul Krugman @paulkrugman
Ahem https://t.co/jX6NvWkI83 — PolitiTweet.org
Paul Krugman @paulkrugman
Here's the architect of the plan explaining the theory that Ted Cruz — Ted Cruz! — just declared unworkable 4/ https://t.co/L1vrwxImHD — PolitiTweet.org
Paul Krugman @paulkrugman
It was a bad theory on multiple grounds, which I'll write about more. But if even the least likable man in America says that we can't let prices spike, the whole thing becomes complete nonsense 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
The whole idea was that utilities would take precautions so that they could profit from price spikes during shortages 2/ https://t.co/TzqR1arZAg — PolitiTweet.org
Paul Krugman @paulkrugman
The idea behind Texas energy policy was that a deregulated market didn't require any oversight to protect the syste… https://t.co/czG8e6MiA3
Paul Krugman @paulkrugman
Cancun Man declares that the entire premise of the deregulated Texas energy market was a gigantic mistake 1/ https://t.co/AmgzRB1Ws2 — PolitiTweet.org
Paul Krugman @paulkrugman
Some numerology on the Dem relief package https://t.co/5YIDMfKNLP — PolitiTweet.org
Paul Krugman @paulkrugman
Aha. I've just figured out who sabotaged the Texas power grid https://t.co/s5IfeARfg6 — PolitiTweet.org
Paul Krugman @paulkrugman
Of course, the WSJ's opinion page is peddling the lie that it was all because of renewable energy even as its news department gets it right 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
My version 2/ https://t.co/JN1WD3fWo8 — PolitiTweet.org
Paul Krugman @paulkrugman
It's too bad that the Republicans who run Texas are now committed to the canard that renewable energy somehow cause… https://t.co/RJcFMvyfY2
Paul Krugman @paulkrugman
Good explanation of what went wrong in Texas, basically saying the same thing I said earlier today but in more detail 1/ https://t.co/45zKYwLReB — PolitiTweet.org
Paul Krugman @paulkrugman
We know about the banality of evil; but there's another book to be written about the pettiness of evil https://t.co/Qk3D7vuIAC — PolitiTweet.org
Paul Krugman @paulkrugman
"heat" — PolitiTweet.org
Paul Krugman @paulkrugman
So it's now looking as if this will be a three-phase crisis: 1. No power or hear 2. No clean water, or maybe no water at al 3. A wave of bankruptcies It's one hell of a lesson — but the people running Texas won't learn it 5/ — PolitiTweet.org
Paul Krugman @paulkrugman
And consumers didn't just freeze in the dark; many are now facing catastrophic bills 4/ https://t.co/NLKrz2vwfp — PolitiTweet.org
Paul Krugman @paulkrugman
But they didn't, even though the price spike has been incredible 3/ https://t.co/LpX5a6VUQ4 — PolitiTweet.org
Paul Krugman @paulkrugman
The idea behind Texas energy policy was that a deregulated market didn't require any oversight to protect the system from crisis, because profit-maximizing utilities would build in robust excess capacity to take advantage of possible price spikes 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
It's too bad that the Republicans who run Texas are now committed to the canard that renewable energy somehow caused the blackout; once you've gone with a Big Lie, there's no going back. Because they really should be reflecting on the failure of a theory 1/ — PolitiTweet.org
Paul Krugman @paulkrugman
Re: Cruz’s dog: Not saying that a man’s relationship with his pets tells you everything about him, but ... https://t.co/a9cKsAmqT4 — PolitiTweet.org
Paul Krugman @paulkrugman
My head talks to Mehdi Hasan https://t.co/Q5LtStiFHf — PolitiTweet.org
Paul Krugman @paulkrugman
Do I have any confidence in these numbers? Of course not. But they're my answer to anyone claiming a slam-dunk case that this plan is wildly excessive. To me it looks roughly the right size — and roughly is as good as we get in this business fin/ — PolitiTweet.org
Paul Krugman @paulkrugman
That's $1.1 trillion, versus a $1.9 trillion package. But I expect a multiplier well under 1, bc broad-based checks and some state/local aid will be saved. So again we're talking about mostly closing the gap, but not wildly overshooting 6/ — PolitiTweet.org
