Paul Krugman

Paul Krugman @paulkrugman

For reference: gains in real labor income according to https://t.co/yG94huDJsD https://t.co/wrFDAOFeGN — PolitiTweet.org

Paul Krugman @paulkrugman

Russia's disastrous transition to capitalism still haunts the world https://t.co/untQCXz3wl — PolitiTweet.org

Paul Krugman @paulkrugman

The good news is that the debate doesn't matter much for current policy. The Fed must tighten and is tightening — and we'll see what it effect it has 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

They could be right, but I didn't hear any effort even to grapple with the issue — no mention at all of the vast difference between expected inflation now and what it was the last time we needed to disinflate 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

They basically believe in a mechanical "sacrifice ratio" — you need x point-years of excess unemployment to reduce inflation by 1 percentage point, and consider the evidence that expected inflation remains low irrelevant 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Just came out of a virtual meeting in which it was clear that the pessimists believe that 2022 is, in fact, just like 1980. 1/ https://t.co/ZdvIJmukNX — PolitiTweet.org

Paul Krugman @paulkrugman

Can't help thinking about how much abuse was heaped on those of us who said that we aren't in a recession, at least so far — PolitiTweet.org

Paul Krugman @paulkrugman

Is there a political speech writing equivalent of the bad sex writing award? — PolitiTweet.org

Paul Krugman @paulkrugman

OK, they were having fun here https://t.co/Q0BhNlS1Uu — PolitiTweet.org

Paul Krugman @paulkrugman

Can you drown the government in a bathtub if you can't fill the bathtub? 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Something I haven't seen mentioned in reporting about the absence of water in Jackson, Mississippi: Back in April the governor announced that he was making "an investment in Mississippians". By which he meant ... a tax cut 1/ https://t.co/opEUwssRQY — PolitiTweet.org

Paul Krugman @paulkrugman

OK, actually the floor is clear — because I haven't been here doing my usual professor thing. I'll create a proper mess in short order 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Back in the office at CUNY (made a few quick visits, but now sort of here for real). Here's what it looks like 1/ https://t.co/QLuulAhw55 — PolitiTweet.org

Paul Krugman @paulkrugman

The point is that assessments of Russian military prowess have, weirdly, become another front in the culture war. People like Carlson need to believe in Russian strength no matter what the reality is 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

When you start from there, the many failures of Russia's Ukraine invasion — which was supposed to take Kyiv in 72 hours — are a humiliation for the US right, a challenge to their whole world view. What if being brutal and un-woke also makes you ineffectual? 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

Remember Ted Cruz holding up supposed Russian toughness to show the dangers of a "woke, emasculated" military 4/ https://t.co/fNgdpA55OE — PolitiTweet.org

Paul Krugman @paulkrugman

One possibility is that Carlson is preparing the ground for cutting off aid to Ukraine if the GOP takes Congress. But I think there's also something else at work: the desperation of the anti-woke cult 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

It's especially odd given that Ukraine is apparently on the offensive. Nobody knows how that will turn out, but claims that Russia is winning will be especially embarrassing if, say, Kherson falls in the near future 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

We know that the right is pro-Putin. His regime is authoritarian, brutal, homophobic and anti-intellectual. What's not to like? But hyping Russia's war effort seems odd, and calls for an explanation 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

via @NYTOpinion https://t.co/MOuPtBPfcp — PolitiTweet.org

Paul Krugman @paulkrugman

Um, that's two-thirds are over 30. Blame the cat who kept me up all night. 7/ — PolitiTweet.org

Paul Krugman @paulkrugman

Since people have asked, this is how Jack more normally spends his time https://t.co/W4rEKW1vvY — PolitiTweet.org

Paul Krugman @paulkrugman

For sure there are valid criticisms of the policy; but what we're seeing looks more like a visceral response looking for a rationale than a reasoned critique 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

I guess some of these over-30s are still finishing medical training and will become high earners later; but surely most people with incomes low enough to qualify aren't on a path to future wealth 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

Also, from NY Fed data, three-quarters of those in debt are over 30: 4/ https://t.co/fMd479fxIa https://t.co/7odjESQZCv — PolitiTweet.org

Paul Krugman @paulkrugman

Now we're getting claims that despite the income cap, much of the aid will go to people who will make big bucks in the future. Bear in mind that ~40 percent of those with debt never got a degree 3/ https://t.co/6dIiZhIsCa — PolitiTweet.org

Paul Krugman @paulkrugman

First we had fire-and-brimstone about inflation when their own estimates said maybe 0.2 percentage points over the next year 2/ https://t.co/u3j7Z79V2E — PolitiTweet.org

Paul Krugman @paulkrugman

The centrist freakout over student debt relief has been something to behold. I won't say I'm totally baffled; I have some theories about motives. But it's really kind of wild 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

So our 9-year-old rescue cat, who spent almost half his life in a shelter, spent a lot of last night running around the house with a mouse in his mouth. Best day of his life, I guess; one of the worst nights of mine. — PolitiTweet.org

Paul Krugman @paulkrugman

I do not think that word "split" means what you think it means: overwhelming support for doing at least as much as Biden has https://t.co/ZwV2BxdhJD https://t.co/8xren72FwC — PolitiTweet.org