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Paul Krugman @paulkrugman
RT @nytopinion: . @PaulKrugman responded to readers commenting on his column "On the Economics of Not Dying." Join the discussion here: htt… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @adam_tooze: "it's only worth listening to people making a real effort to grapple with the novelty of this crisis.” When @paulkrugman i… — PolitiTweet.org
Paul Krugman @paulkrugman
Does anyone believe white Republicans were really upset by Biden's remark, as opposed to claiming to be upset? — PolitiTweet.org
Hakeem Jefferson @hakeemjefferson
First, let's look at how people felt about Biden's comments. Here, we plot reactions and perceptions by race and pa… https://t.co/lqUFORCnWz
Paul Krugman @paulkrugman
Personal income report out. Confirms that about half of wage decline in April offset by higher unemployment benefits; almost surely more than that this month. But expanded UI ends July 31 https://t.co/38AQSSWSTK — PolitiTweet.org
Paul Krugman @paulkrugman
RT @existentialfish: CNN: CNN reporter, crew released after being arrested in Minneapolis MSNBC: U.S. sees increase in hospitalizations as… — PolitiTweet.org
Paul Krugman @paulkrugman
Indeed. Late March was a "whatever it takes" moment, in which the Fed's express willingness to intervene made actual intervention mostly unnecessary — PolitiTweet.org
Katie Martin @katie_martin_fx
On top of its massive QE programme, the Fed launched an alphabet soup of 11 special emergency schemes in the Covid… https://t.co/MbYZvnztWn
Paul Krugman @paulkrugman
RT @ASlavitt: COVID Update May 28: If Trump has done one simple thing he would have changed the course of history. 1/ — PolitiTweet.org
Paul Krugman @paulkrugman
RT @nytopinion: "If they really cared about the economy, even ardent reopeners would want people to keep wearing face masks," writes @PaulK… — PolitiTweet.org
Paul Krugman @paulkrugman
Oh, and they fixed the picture! We may update as I get shaggier — PolitiTweet.org
Paul Krugman @paulkrugman
Latest briefing, "The future of cities: Are we losing face to face" now up https://t.co/svcuYWKriz — PolitiTweet.org
Paul Krugman @paulkrugman
RT @ernietedeschi: Heather's right. And while the emergency UI payments have taken up an enormous amount of oxygen in the policy conversati… — PolitiTweet.org
Paul Krugman @paulkrugman
Speaking of refusing to do policy analysis: the Trump administration won't even release its economic projections. Yes, the future is uncertain, but it always is https://t.co/SycQtn6d99 — PolitiTweet.org
Paul Krugman @paulkrugman
Of course, we aren't having a rational debate here: if the economy were really the issue, Trump would be doing everything he could to get people wearing masks. But still worth noting that deaths versus the economy is a false choice. For most of us, not dying is worth a lot 7/ — PolitiTweet.org
Paul Krugman @paulkrugman
The pressing question, of course, is the cost/benefit of the rush to reopen. I don't have the numbers to do that calculation, but my strong guess is that it looks like a really bad idea. And uncertainty should be grounds for more caution, not less 6/ — PolitiTweet.org
Paul Krugman @paulkrugman
Now, total deaths that would been avoided is more than the 36,000 avoided by early May; even 40K is lowballing it. But even that means $200 billion if we use a fairly standard estimate, taking the differential effect on older people into account, of $5 million per life 5/ — PolitiTweet.org
Paul Krugman @paulkrugman
Meanwhile, we have a pretty good estimate of the effect of lockdown on GDP: around -10% (NOT 40% — that's an annualized growth rate). That's approximately $40 billion per week 4/ https://t.co/4cV5B7tbzU — PolitiTweet.org
Paul Krugman @paulkrugman
I'll add a back-of-the-envelope answer to a related but somewhat different question: what would the payoff have been to moving more quickly? Columbia researchers estimate that locking down a week earlier would have saved 36,000 lives by May 3 3/ https://t.co/TnL22I3xaz — PolitiTweet.org
Paul Krugman @paulkrugman
But there have been a couple of studies estimating the payoff of social distancing relative to letting the virus rip. They conclude that the cost in GDP so far has been well worth it 2/ https://t.co/tm7MkQwMxQ https://t.co/TncKhTfzpz — PolitiTweet.org
Paul Krugman @paulkrugman
I've been doing some homework on the economics of social distancing, and its implications for reopening. Not surprisingly, the Trump admin is refusing to do cost-benefit analysis 1/ https://t.co/fIEdoK32K7 — PolitiTweet.org
Paul Krugman @paulkrugman
RT @SquireForYou: According to the CDC, so far this year, Florida has had 1,762 deaths from #COVID and 5,185 from pneumonia. Average pneum… — PolitiTweet.org
Paul Krugman @paulkrugman
"You have 15 people, and the 15 within a couple of days is going to be close to zero." https://t.co/iMMa23RRtd — PolitiTweet.org
Paul Krugman @paulkrugman
RT @JamesGreiff: The coronavirus recession looks more like 1979-82 than 2007-09, and a faster recovery might follow. @Noahpinion interviews… — PolitiTweet.org
Paul Krugman @paulkrugman
A Q&A with Noah Smith. I'm not unreservedly upbeat, but more positive than I expected to be https://t.co/7w1s8Gj73v — PolitiTweet.org
Paul Krugman @paulkrugman
RT @petridishes: it’s a bit peculiar that astronauts put on their space suits when outside the space station, yet wear ordinary uniforms in… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @alfranken: This week on the Podcast, Nobel Prize-winning economist @paulkrugman shows why he's a Nobel Prize winner and I'm not. In thi… — PolitiTweet.org
Paul Krugman @paulkrugman
We're ruled by the Beavis and Butthead administration. "Look at how dorky Biden is in that mask — uh-huh-huh, uh-huh-huh" https://t.co/ouO3I53jBE — PolitiTweet.org
Paul Krugman @paulkrugman
I didn't have space to talk about how Trump's inability to admit error is widely shared in his party — which consists largely of never-wrongers. I take that up in my newsletter, coming later today 2/ https://t.co/ro3bZAzmLJ — PolitiTweet.org
Paul Krugman @paulkrugman
Trump's insecurity would be pitiful if it weren't killing thousands 1/ https://t.co/KLRfPuEHiJ — PolitiTweet.org
Paul Krugman @paulkrugman
RT @nytopinion: "Biden apologized. And in so doing he made a powerful case for choosing him over Donald Trump in November," writes @PaulKru… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @DelthiaRicks: Trump has not budged when it comes to stopping flights from Brazil, now the second-leading country in the world for #cor… — PolitiTweet.org
