Paul Krugman

Paul Krugman @paulkrugman

RT @JohnJHarwood: in other words, there's a difference between a genuinely bad economy and a pretty good economy dealing with a bad problem… — PolitiTweet.org

Paul Krugman @paulkrugman

There was always good reason to believe that current economic troubles wouldn't last, but it looked as if they might last enough to hand power irreversibly to MAGA. But MAGA fumbled the shot, and may not have another chance for quite a while 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Median Survey of Professional Forecasters prediction for unemployment and inflation, stacked misery index style. Of course they don't know, but plausible 3/ https://t.co/cyvDGNaK2n — PolitiTweet.org

Paul Krugman @paulkrugman

Inflation is almost certain to come down. A recession is possible, but likely to be over by late 2024 — in fact, a slump in 2023 might even perversely be good for Ds, because the economy could be bouncing back in time for the election — think morning in America 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

So Democrats held their own, even though the party in the WH usually loses in midterms, and despite inflation and negative views about the economy. Do political analysts realize how much more favorable the environment is likely to be in 2024? 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Dean is right. A hugely important story, barely covered https://t.co/XoeOVYkP8i — PolitiTweet.org

Paul Krugman @paulkrugman

My head talking about the CPI print https://t.co/noshjMQQIG — PolitiTweet.org

Paul Krugman @paulkrugman

I actually do very little TV. But here I was on inflation https://t.co/PsvMh7C61O — PolitiTweet.org

Paul Krugman @paulkrugman

yes indeed. The argument on political economy grounds for investment-based climate policy, as opposed to carbon pricing, has been massively vindicated. — PolitiTweet.org

Paul Krugman @paulkrugman

RT @JohnJHarwood: "It seems at least possible that Americans told pollsters that the economy is terrible, because that’s what they’ve been… — PolitiTweet.org

Paul Krugman @paulkrugman

So, I guess I'll take a financial hit from the crypto meltdown. Probably fewer designated-enemy gigs at blockchain conferences (fees paid in actual money) — PolitiTweet.org

Paul Krugman @paulkrugman

About that good inflation report https://t.co/ivXR9kGLPc — PolitiTweet.org

Paul Krugman @paulkrugman

74 Percent of Jewish Voters View Trump, MAGA as ‘Threat to Jews in America,’ Poll Finds - U.S. News - https://t.co/eilXBHHIuN https://t.co/0fiYnfzdWA — PolitiTweet.org

Paul Krugman @paulkrugman

In the end, big spending wasn't a big political problem https://t.co/H8B9sYsMmI — PolitiTweet.org

Paul Krugman @paulkrugman

What Justin says 4/ https://t.co/j2JYtsjCCr — PolitiTweet.org

Paul Krugman @paulkrugman

A soft landing is looking increasingly plausible. 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Overwhelming evidence now that growth in new tenant rental rates has slowed dramatically and maybe even gone negative. This will feed into BLS shelter index with a lag. Between this report and the wage numbers, good reason to believe underlying inflation coming under control 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

A good inflation report — core inflation for October only 3.6% annualized. Monthly data are volatile; still 6% over the past 3 months. But shelter accounts for more than half of that — and it's a lagging indicator 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Bookmarking this, as an example of the power of The Narrative: Given this headline, a bit of a shock to realize their poll was actually +5 D https://t.co/QV0If1W70F https://t.co/LuisM0eqf0 — PolitiTweet.org

Paul Krugman @paulkrugman

That's a pretty narrow margin on inflation given D control of WH and Congress. Maybe Rs hurt by complete lack of a plan? https://t.co/0RwUrljbzH https://t.co/f4vxntoZnn — PolitiTweet.org

Paul Krugman @paulkrugman

Democrats would probably have held both houses (still might, but unlikely) if Putin hadn't invaded Ukraine https://t.co/wIra12eXQf — PolitiTweet.org

Paul Krugman @paulkrugman

RT @paulkrugman: Feeling somewhat pleased with myself: I went to bed early, figuring that doomscrolling would be bad for my health, and wok… — PolitiTweet.org

Paul Krugman @paulkrugman

Oh, one more thing: glad to see that the Mason-Dixon line hasn't moved north to the Delaware River 12/ — PolitiTweet.org

Paul Krugman @paulkrugman

The big losers right now are all the pundits who were ready to lecture Dems on how they were doing everything wrong, and should have emphasized [whatever their favorite issue is] 11/ — PolitiTweet.org

Paul Krugman @paulkrugman

Waiting for tomorrow's CPI, but the best guess is that inflation will be largely driven by shelter costs, which are very much a lagging indicator; new-tenant rental rates appear to have stalled, which will eventually show up as much lower official shelter inflation 10/ — PolitiTweet.org

Paul Krugman @paulkrugman

I hope that Ds will do the obvious thing and use the lame duck to defang the debt limit; it would be crazy not to, especially because absent a GOP-induced financial crisis the economy is likely to look much more favorable in 2024 9/ — PolitiTweet.org

Paul Krugman @paulkrugman

In reality, if Rs take the House, no matter how small the margin, they'll almost surely act as if they had +100 seats, with a blizzard of spurious investigations, impeachment — they'll come up with something — and a confrontation over the debt limit 8/ — PolitiTweet.org

Paul Krugman @paulkrugman

You might think that Republicans will be chastened by their underperformance, their lack of a clear mandate. That is, you might think that if you spent the last 30 years in a cave 7/ — PolitiTweet.org

Paul Krugman @paulkrugman

If Democrats were a stock, its price would surge, just like that of a company still losing money but at a much slower rate than expected. Unfortunately, that's not how politics works 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

And yet Dems had what appears to have been a below-average loss of seats. Was it Roe? Did voters care about democracy, after all? Did they vote based on their personal financial condition, which was always better than their views about the economy? God knows 5/ — PolitiTweet.org