Paul Krugman

Paul Krugman @paulkrugman

In which I apologize for insulting Scrooge by comparing him to a Republican https://t.co/j2wGPuTONU — PolitiTweet.org

Paul Krugman @paulkrugman

Thread — PolitiTweet.org

Paul Krugman @paulkrugman

RT @JanetGornick: Paul Krugman is sitting in his Stone Center office signing 1000 book plates, to be bound into special editions of Arguing… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @crampell: Scientists say Amazon, world’s largest rainforest, is at a tipping point, may begin turning into savanna, unleashing carbon s… — PolitiTweet.org

Paul Krugman @paulkrugman

So one reason for decent economic performance under Trump is that the de facto economic sabotage of the Obama years finally came to an end 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

After Republicans took the House in 2010, they forced Obama into years of austerity policies despite high unemployment. As soon as Trump was in, however, all that austerity came to an end (except for poor people) 2/ https://t.co/aUhyRf02i7 — PolitiTweet.org

Paul Krugman @paulkrugman

The Trump tax cut has completely failed to deliver the promised surge in business investment. But what's driving the economy? An important, underemphasized factor is ... government spending 1/ https://t.co/S0VgXvWrO6 — PolitiTweet.org

Paul Krugman @paulkrugman

Out to dinner with friends, carefully not looking at phone until now. And I'm surprised at how much emotional impact this moment has, even though we knew it was coming https://t.co/3H9p1alAqU — PolitiTweet.org

Paul Krugman @paulkrugman

RT @abettel: SCOOP: Trump personally intervened to slash Puerto Rico’s Medicaid money as part of budget deal. https://t.co/8PYNFB3wBw @rach… — PolitiTweet.org

Paul Krugman @paulkrugman

Hey, inyalowda — I decided to have a bit of fun combined with serious macroeconomics https://t.co/6lj3vIKqNM — PolitiTweet.org

Paul Krugman @paulkrugman

So I'm glad that we've seen big apologies for misusing the Greek crisis from ... actually, I can't think of anyone who got it wrong who has admitted error or accepted any responsibility for destructive policies 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

But the Greece analogy did enormous damage, helping to justify austerity policies that cost millions of jobs and greatly delayed recovery. Without that massive policy error, we probably wouldn't have Trump and Britain wouldn't be leaving the EU. 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

In fact, even euro countries saw their debt crises melt away as soon as Mario Draghi said three words — "whatever it takes" — and the liquidity panic ended. Here's the Spain-Germany spread 3/ https://t.co/eK0LPs6QBY — PolitiTweet.org

Paul Krugman @paulkrugman

In reality it was no such thing. Countries like the US and UK that borrow in their own currencies never had any problems. Here's Greece (blue) v US (red) 2/ https://t.co/UjRuHrS5hr — PolitiTweet.org

Paul Krugman @paulkrugman

Tis the season for decade-in-review pieces. One thing I haven't seen people noting, however, is that we're at the 10th anniversary of the Greek debt crisis, which was widely treated as a harbinger of fiscal crisis everywhere 1/ https://t.co/bdDqYqu3PP — PolitiTweet.org

Paul Krugman @paulkrugman

I've been trying to recapture some of that old blog feel with my newsletter, which is less formal than the column (and revives my music recommendations). But something has definitely been lost 5/ https://t.co/ro3bZAzmLJ — PolitiTweet.org

Paul Krugman @paulkrugman

I can say from personal experience that this ends up being a bit inhibiting; I don't feel as easy about scrappy short-order blogs with crude graphics when I know many readers think it's just a badly produced column 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Meanwhile, social science bloggers with big audiences have to an important extent been absorbed by more or less mainstream media. Noah Smith write for Bloomberg; The Times has made my blog digitally indistinguishable from the column; Ezra Klein runs Vox, etc. 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

I think that two things happened: social media, and mainstreaming. On social media: many of us now use tweetstorms to make arguments that would once have been blog posts. At some level this is stupid and inefficient — but more people read them! 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

A very nice essay on the retirement of Mark Thoma, who was at the epicenter of the golden age of econoblogging. Maybe I can add a few notes on why that golden age came to an end 1/ https://t.co/3QATyvwgwN — PolitiTweet.org

Paul Krugman @paulkrugman

I once used a speech by Warsh to illustrate how Very Serious People somehow decided that the prudent thing was to do nothing about mass unemployment 2/ https://t.co/Og6Xc3BW3O — PolitiTweet.org

Paul Krugman @paulkrugman

Amazing. He's an affable guy, with a history of talking nonsense. Why on earth would the BoE want him? 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Declaring victory amidst headlong retreat https://t.co/SQoTgQFUZ3 — PolitiTweet.org

Paul Krugman @paulkrugman

RT @douglasblackmon: So @realDonaldTrump’s economic performance boils down to this: Anywhere he’s tried anything big—like agri and manufact… — PolitiTweet.org

Paul Krugman @paulkrugman

A recession would probably have killed any chance of Trump reelection, but growth at roughly the same pace as 2016 leaves things wide open 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Notice that the good job growth is mainly in states that are solidly blue or solidly red; in general weaker in swing states 2/ https://t.co/6lQ9HsA0JW https://t.co/QehJKDMai2 — PolitiTweet.org

Paul Krugman @paulkrugman

Yes, and America 2020 very different from America 1992. Highly polarized on values, income classes and geography; the overall economy probably much less determinative than in the past 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Not saying there's no difference. But there really is something wrong with you if you can't see supporting any of these candidates whole-heartedly if she or he gets the nom 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Sanders may be too left for others. But he would have to bring moderate Dems along with him, so he couldn't be too radical in office — and wouldn't be able to do Corbyn-style loyalty purges, even if he were so inclined, which I don't think he is 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Dems are a coalition, with multiple centers of power. This will shape and constrain whoever wins. Biden may be too moderate for your taste, but his policy proposals on health and taxes are well to the left of anything Dems imagined a decade ago 2/ — PolitiTweet.org