Paul Krugman

Paul Krugman @paulkrugman

The point is that the contrast between the Trump hagiography and the reality of one of history's greatest policy failures is too great for the faithful (and of course Trump himself) to process. So they're becoming increasingly delusional 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

And Australia is imposing a full lockdown in Melbourne to stop this outbreak in its tracks; Florida, which is losing 180 people a day compared with Australia's 8, won't even require face masks and is reopening schools 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

There's a lot of grasping at straws. I see that Trump is gloating over new outbreaks in some countries, like Australia, that thought they had it beat. And that is a cause for concern. But bear in mind what AU's outbreak looks like compared to ours 3/ https://t.co/7liDIY5DWo — PolitiTweet.org

Paul Krugman @paulkrugman

I mean, if you've spent three years believing that Trump Made America Great Again, how do you deal with the fact that >1000 Americans are dying of Covid-19 each day, compared with 6 (six) in Italy? 2/ https://t.co/iZW5xFZs7L — PolitiTweet.org

Paul Krugman @paulkrugman

It seems to me that we need a new concept to discuss the Trump/GOP reaction to the coronavirus disaster. Everyone knows about the Big Lie, which is so outlandish people can't believe it's a lie. What we have now is the Big Fail, so extreme that people can't process it 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

More reminders that America is the sick man of the advanced world — if we're even part of that world, which seems increasingly doubtful https://t.co/fLipBgSt0I — PolitiTweet.org

Paul Krugman @paulkrugman

And what they don't know can very much hurt you, and almost everyone else 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

So the whole GOP lives in a mental universe in which the only reason people might be unemployed is because they don't want to work, or maybe because employers pay too much taxes. The idea that cutting off income for millions will lead to more unemployment isn't in their minds 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

In his view, higher output means lower inflation, because money is chasing more goods. Not a hint that he understood that output might be depressed because of insufficient spending, or even that he understood the concept. "I don't get it," he declared; that at least was true 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Larry Kudlow, who is for our sins Trump's top economist — and long a go-to-guy for the GOP in general — said some revealing things in 2006, with no indication he's learned anything since 2/ https://t.co/HD7YxSiKp9 — PolitiTweet.org

Paul Krugman @paulkrugman

To make sense of the benefits disaster, you have to realize that Republicans don't understand that lack of sufficient demand can cause mass unemployment. I don't mean that they've rejected that view; they don't even know where it comes from 1/ https://t.co/aZJymxozht — PolitiTweet.org

Paul Krugman @paulkrugman

I grew up in the suburbs, so this really hit home. Also a bit of "A Wrinkle in Time" vibe? Anyway, awesome https://t.co/B3Q2IKgKNz — PolitiTweet.org

Paul Krugman @paulkrugman

One of the defining features of the US Covid debacle has been refusal to learn from other countries. Now, as much of the country prepares to open schools, we should — but won't — look at what happened in Israel https://t.co/aOqbr8Pi5E — PolitiTweet.org

Paul Krugman @paulkrugman

RT @ObsoleteDogma: As I've said before, we’ve decided that bars and high schools are too dangerous to reopen right now, but colleges—which… — PolitiTweet.org

Paul Krugman @paulkrugman

Wrote about this last week. Italy has put America to shame https://t.co/L8LbHcQGHq — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: . @PaulKrugman responded to readers commenting on his column "The Nightmare on Pennsylvania Avenue." Join the conversation:… — PolitiTweet.org

Paul Krugman @paulkrugman

So the looming catastrophe as Pandemic Unemployment Compensation expires, sucking purchasing power out of the economy at a $900 billion per year annual rate, just doesn't register in their worldview 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

Basically the GOP and its pet economists don't believe it's even possible for an economy to suffer from inadequate demand; if unemployment is high it must be because we're taxing the rich too much, or being too nice to the unemployed 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

During the financial crisis even tenured Chicago professors reinvented old fallacies, such as Say's Law, and imagined that they were deep insights 3/ https://t.co/Q57KBijgai — PolitiTweet.org

Paul Krugman @paulkrugman

People are mocking Judy Shelton over her goldbug views, but they forget that Paul Ryan — remember, the celebrated intellectual leader of the party — declared that he learned all his monetary economics from Ayn Rand 2/ https://t.co/AKsr6uQvtx — PolitiTweet.org

Paul Krugman @paulkrugman

One thing I don't think is fully appreciated is the fact that Republicans in general, and Trump a fortiori, have no idea what causes recessions. If they've even heard of Keynes, they imagine his as a left-wing agitator, probably an antifa terrorist 1/ https://t.co/i7C5KCYdod — PolitiTweet.org

Paul Krugman @paulkrugman

Trump's lethal incompetence and his dangerous authoritarianism are two sides of the same coin https://t.co/uJPn4uKv6K — PolitiTweet.org

Paul Krugman @paulkrugman

Do people who think we can safely reopen colleges know any 19-year olds? Do they remember being 19 themselves? Not dunking on the young, just acknowledging human nature — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: "Because the Trump team insisted that a roaring recovery was coming, and refused to notice that it wasn’t happening, we’ve… — PolitiTweet.org

Paul Krugman @paulkrugman

Larry Kudlow, THIS MONDAY, still selling a V-shaped recovery: "unemployment claims and continuing claims are falling rapidly" https://t.co/I3f4Nhi2ZQ Ahem (yes, doesn't include special pandemic program , but still same story) https://t.co/0OMIkL5fBa — PolitiTweet.org

Paul Krugman @paulkrugman

So Wallace and Gromit are evil. — PolitiTweet.org

Paul Krugman @paulkrugman

So when Republicans say that they're deficit hawks, they really mean that they don't want to spend money on people in distress, unless those people were rich to begin with. It's long past time for the media to stop taking their posturing seriously 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

And in the aftermath of the 2008 crisis, when Florida was hit especially hard by the bursting of its housing bubble, the state effectively received huge aid from the feds 5/ https://t.co/2qHWWxvKkE — PolitiTweet.org

Paul Krugman @paulkrugman

Red states in general, and Florida in particular, are hugely subsidized by blue states, especially New York. State federal balances of payments: 4/ https://t.co/36GNwUxEiO — PolitiTweet.org

Paul Krugman @paulkrugman

And the hypocrisy over supposed subsidization of blue states is thick enough to cut with a knife 3/ https://t.co/iC6rdysVGl — PolitiTweet.org