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Paul Krugman @paulkrugman
Context: Trump is trying to appoint her to the Fed — PolitiTweet.org
Sam🔔 @sam_a_bell
holy shit! Judy Shelton 2015: "on the statistics, short answer I completely agree with you. I don't trust the stati… https://t.co/iSuxQS1c5T
Paul Krugman @paulkrugman
And meanwhile the president of the United States is complaining about having to flush the toilet too often https://t.co/O4BJd2FWBC https://t.co/qFV92rR9Ph — PolitiTweet.org
Paul Krugman @paulkrugman
So I have a problem writing about the Dem primary. I have no idea how it will turn out — but that's not the problem, because neither does anyone else. My problem is that I'm aware of my ignorance, and can't bring myself to write horse-race pieces based on nothing ... — PolitiTweet.org
Paul Krugman @paulkrugman
I haven't fully figured this out yet, but there is, I think, some kind of principle under which trivial limitations on clearly destructive behavior generate more right-wing rage than big policy issues 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
Some may remember when Erick Erickson suggested that state legislators should be beaten to a "bloody pulp" because they had banned phosphates in dishwasher detergent; phosphates make detergent work a bit better, but also lead to toxic algae blooms 2/ https://t.co/JegqjSz4fS — PolitiTweet.org
Paul Krugman @paulkrugman
Also light bulbs that make him look orange. The thing is, it's not just Trump; this kind of enraged pettiness is very common on the right 1/ https://t.co/EBc1fE0QXs — PolitiTweet.org
Paul Krugman @paulkrugman
Ezra Klein nails it. Sanders has a vision, but his notion of how to achieve it is Green Lanternism — somehow the sheer power of will will make it happen. Warren is almost as progressive, but with a real theory of change https://t.co/LbVWvV3rnc https://t.co/6YbbXoBxOj — PolitiTweet.org
Paul Krugman @paulkrugman
In the trade war with China, Trump basically declared victory and retreated. Lots of costs, hardly any tangible gains, and certainly no transformation https://t.co/iIzeKGgyxD — PolitiTweet.org
Paul Krugman @paulkrugman
RT @meara_greg: Thought it would be a good idea to listen to a @Trade__Talks podcast with @paulkrugman on the way into my political economy… — PolitiTweet.org
Paul Krugman @paulkrugman
Republicans posed as deficit hawks, producing blood-curdling warnings about debt, under Obama, then turned on a dime under Trump. Democrats are if anything less deficit-hawkish now than they were in the Obama years 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
The deficit surge under Trump has, as this article says, given the economy a boost. It has also revealed the asymmetry of hypocrisy between the parties 1/ https://t.co/h1NgEFxXk3 — PolitiTweet.org
Paul Krugman @paulkrugman
There will also be some events in Spain after the London jaunt. 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
Aaand, here's my book tour as of now. You know what this means: sometime in the next 2 weeks I have to get a haircut. 1/ https://t.co/BtnCuuL3VK — PolitiTweet.org
Paul Krugman @paulkrugman
What's sort of funny is that previously the biggest driver of my hate mail was ... monetary policy. There were a lot of people who got incredibly agitated at those of us who argued that the Fed's monetary expansion after 2010 wouldn't cause hyperinflation 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
I've seen a huge increase in anti-Semitic hate mail under Trump; a lot of it involves some version of "Jews will not replace us," ie the claim that there's a Jewish plot to replace whites with brown people 1/ https://t.co/VjRMZb9NfB — PolitiTweet.org
Paul Krugman @paulkrugman
My guess is that he would in fact do this; there's a deep pool of very progressive economists to draw on, and God knows he couldn't be worse than Trump. At the same time, however, it's only fair that he be scrutinized for what he's saying now 6/ — PolitiTweet.org
Paul Krugman @paulkrugman
To be OK with Sanders, however, you have to believe that he would be able to produce feasible policies once in office — that he would find advisers who can do the math and listen to them. 5/ — PolitiTweet.org
Paul Krugman @paulkrugman
What the huge Sanders numbers really say is that he isn't thinking seriously about the details of policy; he's issuing what look like policy proposals but are actually statements of values and priorities, not meant to add up. And there's a case for doing that! 4/ — PolitiTweet.org
Paul Krugman @paulkrugman
And while I'm for more deficit spending, spending on this scale — I think we're talking sustained deficits of more than 10% of GDP — *would* be inflationary. But actually that's not what worries me about the Sanders plan, because it won't happen even if he becomes prez 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
No doubt some Sanders supporters will claim that Modern Monetary Theory says that deficits don't matter. But even aside from the problems with MMT, that's not what it says — it says that deficits matter only if they're inflationary 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
Bernie Sanders is proposing a huge spending increase, without a remotely comparable increase in taxes. Should we care, and if so why? 1/ https://t.co/Kw7MVxcmSL — PolitiTweet.org
Paul Krugman @paulkrugman
RT @larry_levitt: The whole premise of the lawsuit to overturn the ACA is that the individual mandate without a penalty is unconstitutional… — PolitiTweet.org
Paul Krugman @paulkrugman
What a boring explanation. Are you sure Europe isn't exporting goods to space aliens? — PolitiTweet.org
Adam Tooze @adam_tooze
Self-surplus: The EU even has a trade surplus with itself … to the tune of 307bn Euros = 86% of global accounting a… https://t.co/uISCJw3Ki7
Paul Krugman @paulkrugman
RT @NoahShachtman: NEW: James Murdoch slams his family's empire for climate change denial https://t.co/r84sFuZUsv — PolitiTweet.org
Paul Krugman @paulkrugman
What's really at stake for health care this November https://t.co/jMZsO5zxD8 — PolitiTweet.org
Paul Krugman @paulkrugman
But some GOP senators got away with the same lie in 2018. And we shouldn't dismiss the possibility that Trump understands the issue so little that he almost believes his own lie 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
In some ways, Trump pretending to be defender of Americans with preexisting conditions is his most astonishing lie yet. He's tried to take away that protection every step of the way, in full public view 1/ https://t.co/YmCKlpOIDv — PolitiTweet.org
Paul Krugman @paulkrugman
I suspect that what's going on is a combination of racism and ideological blinders. Big urban areas have lots of immigrants and nonwhites in general, plus they're run by bleeding-heart liberals, so they must be crime-ridden hellholes. Don't believe your lying eyes! 4/ — PolitiTweet.org
Paul Krugman @paulkrugman
And it's not just abstract statistics; you can see it in up-close-and-personal reporting too 3/ https://t.co/LlZdSb7QwM — PolitiTweet.org
Paul Krugman @paulkrugman
Overall US life expectancy is lagging far behind the rest of the advanced world — but it's a rural, red-state story, with blue America actually keeping pace with the world 2/ https://t.co/0WaLnyZWNy — PolitiTweet.org