Paul Krugman

Paul Krugman @paulkrugman

New newsletter -- "the silence of the hacks" -- is out https://t.co/ro3bZAzmLJ — PolitiTweet.org

Paul Krugman @paulkrugman

RT @aedwardslevy: New HuffPost/YouGov poll: Most Americans want to see Trump's tax returns -- and Democratic candidates' returns, too. http… — PolitiTweet.org

Paul Krugman @paulkrugman

America is not full. In fact, the number of U.S. residents in prime working years has stopped growing, which is probably one reason for secular stagnation - persistent weakness even with very low interest rates https://t.co/OkXDjbFR5W — PolitiTweet.org

Paul Krugman @paulkrugman

I'm hearing a new one: the only reason people like me consider Herman Cain unqualified for the Fed is because he's black. The shamelessness and bad faith are bottomless. — PolitiTweet.org

Paul Krugman @paulkrugman

Wow. Yes, I forgot. Appomattox day really should be a national holiday. The Civil War and World War II are our two great moral wars, and victory in both should be remembered. — PolitiTweet.org

Paul Krugman @paulkrugman

RT @JustinElliott: New: Congress is about to *make it illegal* for the government to offer free online tax filing. Thank TurboTax. https://… — PolitiTweet.org

Paul Krugman @paulkrugman

One further note: if these men do get appointed, and then we have a Democratic president, you know what will happen: they'll suddenly become tight-money advocates again, and try to sabotage the economy 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

That's wildly irresponsible, so he needs men who will do whatever he wants. Hence Moore and Cain. 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

So what is the emergency that would justify such policies now? Well, from Trump's point of view, the political failure of his tax cut, which hasn't caused a huge boom and remains unpopular, IS an emergency 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

What Trump is calling for, instead, is massive monetary easing – the kind you call for in an economic emergency, and which, of course, he opposed and denounced when we really did have an economic emergency 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

He wants looser monetary policy; but don't a lot of other people? Yes, but Trump isn't like economists who believe that the Fed should have held off on raising rates and tried to buy some recession insurance 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Trump wants to appoint two utterly unqualified men to the Fed. I try to explain why 1/ https://t.co/wJpInffsUk — PolitiTweet.org

Paul Krugman @paulkrugman

This is classic gang strategy: get your members to commit crimes as proof of loyalty, so there's no going back. Yes, Trump is like a crime boss — PolitiTweet.org

Paul Krugman @paulkrugman

Oh, good – another trade war https://t.co/WPni6jRZJt — PolitiTweet.org

Paul Krugman @paulkrugman

What hath partisan media wrought? Havoc, on both sides of the Atlantic https://t.co/11tRZPKsKq — PolitiTweet.org

Paul Krugman @paulkrugman

RT @JanetGornick: Video is up! “Workers and Wages in America Today”. From March 6, 2019. Featuring @paulkrugman @hshierholz & @arindube, m… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: If Trump gets his way, one of our few remaining havens of serious, nonpartisan policymaking will be on its way toward becom… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @RebeccaSpang: So glad this hit a nerve! You don't have to take my word for it. Here's @paulkrugman "Anyone who does creative work must,… — PolitiTweet.org

Paul Krugman @paulkrugman

RT @commonwealthfnd: Countries that have universal health coverage achieve it in difference ways, with some relying more on public insuranc… — PolitiTweet.org

Paul Krugman @paulkrugman

OK, I'm probably wasting my time. And Cain quote uses language taken straight from Atlas Shrugged; and it's hardly news that the right is full of Ayn Rand fanboys. But anyway, always remember that goldbugs don't actually understand the gold standard 8/ — PolitiTweet.org

Paul Krugman @paulkrugman

But real rates after 2008 were low for a different reason – weak investment demand due to global deleveraging and p… https://t.co/tZGCB05T1D — PolitiTweet.org

Paul Krugman @paulkrugman

There is, it turns, out, a reason gold doesn't do what goldbugs think it does: the gold price isn't driven by inflation, but by real interest rates -- the return on alternative assets. These seemed low in the late 70s because unexpected inflation was eroding real returns 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

Gold prices did hit one peak circa 1980, when inflation was high. But they revisited that peak in 2011, when inflation was low. This means, among other things, that a gold standard would have forced monetary tightening right at the depths of the Great Recession 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

Meanwhile, the idea that gold is a hedge against inflation, and thus that a gold standard would be stabilizing in some sense, runs against recent experience. Here's the real price of gold versus inflation 4/ https://t.co/BE8Xk6eGoZ — PolitiTweet.org

Paul Krugman @paulkrugman

So first, if you imagine that a gold standard would prevent runaway government borrowing, you might want to notice… https://t.co/8cI82sGa6n — PolitiTweet.org

Paul Krugman @paulkrugman

I was struck by his 2012 advocacy of a gold standard as a way to constrain politicians – and not just because Trump… https://t.co/z9wKLBTdEg — PolitiTweet.org

Paul Krugman @paulkrugman

I know that talking about Herman Cain's economic thought is in a fundamental sense an oxymoron – and anyway it woul… https://t.co/4SlHna7AoG — PolitiTweet.org

Paul Krugman @paulkrugman

Just thought I'd remind people that I figured out Howard Schultz a long time ago https://t.co/tWf3Qopx80 — PolitiTweet.org

Paul Krugman @paulkrugman

Trump Country somehow not helped by Trump policies https://t.co/jnJ9K6Nr0Q — PolitiTweet.org

Paul Krugman @paulkrugman

RT @jonlovett: Pretty clear no one asked Howard Schultz a hard question until he was literally on television running for president. — PolitiTweet.org