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Paul Krugman @paulkrugman
RT @nytopinion: .@PaulKrugman responded to readers who commented on his column, "The Covid-19 Slump Has Arrived." Read their exchanges he… — PolitiTweet.org
Paul Krugman @paulkrugman
The non-expansion states have also deliberately made it hard to apply for unemployment benefits and other safety-net programs. Incredible hardship looming for red states https://t.co/8e4MyDTuKp — PolitiTweet.org
Paul Krugman @paulkrugman
But right now it means sitting in front of my laptop at home. Almost no wasted time. Changes the cost-benefit calculus. 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
One weird and trivial thing about the lockdown: I'm doing a lot more TV, because it's easier. Normally, TV means going to the studio, having makeup done, hanging around in the green room for a long time, then getting your 5 minutes. Not worth it! 1/ — PolitiTweet.org
Paul Krugman @paulkrugman
LA Review of Books interview https://t.co/DfgMVOk54H — PolitiTweet.org
Paul Krugman @paulkrugman
RT @LucyHockingsBBC: "If it's a question of saving millions of lives... who cares about GDP" I spoke with Nobel Prize winning economist @p… — PolitiTweet.org
Paul Krugman @paulkrugman
This is nothing, as everyone understands. It wouldn't be surprising to see 10 million jobs lost in the next report https://t.co/obe1gUozO2 — PolitiTweet.org
Paul Krugman @paulkrugman
After the Great Recession, many red states deliberately made their safety-net programs hard to use as a way of holding down aid to the needy. Now they're catastrophically unprepared for the Covid-19 slump https://t.co/CDGZUw8Wpc — PolitiTweet.org
Paul Krugman @paulkrugman
And it won't just be damaged firm balance sheets. Also forced fiscal austerity by state and local govts 3/ https://t.co/pG1U3DOC74 — PolitiTweet.org
Paul Krugman @paulkrugman
State and local spending cuts played a huge role in delaying recovery from the Great Recession. I worry that the sa… https://t.co/TvZMATeFyP
Paul Krugman @paulkrugman
Justin Wolfers thinks it's 13 percent already. 2/ https://t.co/1mj4yLqytz — PolitiTweet.org
Paul Krugman @paulkrugman
Agree with this: balance sheet damage will hinder recovery even when the virus subsides. But 20% unemployment in 6 months sounds wildly optimistic: we may well be there in *two weeks* 1/ — PolitiTweet.org
Nick Timiraos @NickTimiraos
"If we allow the jobless rate to soar to 20% in 6 months, the notion that it will retrace back to 3.5%, amid safe c… https://t.co/Oahm4JomrO
Paul Krugman @paulkrugman
State and local spending cuts played a huge role in delaying recovery from the Great Recession. I worry that the same thing will happen again unless there's much more federal aid https://t.co/L84pZgPJBY — PolitiTweet.org
Paul Krugman @paulkrugman
What we need right now, beyond the medical response, is disaster relief for millions who have lost their incomes. But money probably won't flow in significant amounts for weeks or months https://t.co/W7PXbFpH0T — PolitiTweet.org
Paul Krugman @paulkrugman
RT @nytopinion: "Time is one thing millions of distressed Americans, many of whom were already living on the edge, don’t have," @PaulKrugma… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @gabriel_zucman: There is a government agency out there that receives quarterly payments from businesses, knows a lot about their income… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @civicaction: Nobel-prize winning economist @paulkrugman says baseless assumptions like "tax cuts create growth" are a kind of "zombie i… — PolitiTweet.org
Paul Krugman @paulkrugman
After all, even if it did create such a task force, Trump would surely put Jared Kushner in charge 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
This cries out for a crash effort, led by experts, to clear up the bottlenecks — sort of like the effort that rescued https://t.co/YnEhffSJ6j when Obamacare launched. But while I'd like to be proved wrong, hard to see Trump admin doing this 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
So, as I understand it, the two key disaster-relief provisions of the CARES Act — enhanced unemployment benefits and small-business loans — aren't likely to be operational for weeks, due to lack of administrative capacity, even though we've already lost 10 million jobs 1/ — PolitiTweet.org
Paul Krugman @paulkrugman
Nobody could have predicted that administration incompetence might derail a key part of the economic rescue program https://t.co/yw41C1G6JL — PolitiTweet.org
Paul Krugman @paulkrugman
Read the whole thread — PolitiTweet.org
Heidi Shierholz @hshierholz
Today's UI claims, as extraordinary as they are, leave out many who are out of work due to the virus, including ind… https://t.co/rAHa8WdArJ
Paul Krugman @paulkrugman
I talk to Business Insider https://t.co/BGIvpcHEwQ — PolitiTweet.org
Paul Krugman @paulkrugman
But fits right in 2/ https://t.co/bQmiCs5Zva — PolitiTweet.org
Paul Krugman @paulkrugman
Took me a second to get this 1/ — PolitiTweet.org
The Poke @ThePoke
BREAKING: Panic in White House as scientists confirm loss of taste could be symptom of COVID-19 https://t.co/h5y6PFTOmv
Paul Krugman @paulkrugman
Just a few weeks ago https://t.co/9hj6GKoFFD — PolitiTweet.org
Paul Krugman @paulkrugman
10 million new claims for unemployment insurance over 2 weeks. That's around 20 times the normal rate, and understates actual job losses. For comparison, 9 million jobs lost in the Great Recession https://t.co/ff6X3iFajs — PolitiTweet.org
Paul Krugman @paulkrugman
Guess where people haven't been practicing social distancing? 2/ https://t.co/cSxSNh4kNr — PolitiTweet.org
Paul Krugman @paulkrugman
New York has been the epicenter of the crisis, with density probably the main cause. But that may soon change 1/ https://t.co/lhXnv7S0u5 — PolitiTweet.org
Paul Krugman @paulkrugman
Goldman Sachs has a new tracker designed to capture economic activity in virus-sensitive sectors https://t.co/3ZkLDnguIC Gulp: https://t.co/HHgf7b2g6S — PolitiTweet.org
Paul Krugman @paulkrugman
You might think that now that Trump has acknowledged that we face a deadly threat, the right would stop threatening anyone who reported that threat. But being right is no excuse for challenging Dear Leader on any occasion https://t.co/QcJyTZIWkL — PolitiTweet.org
