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Paul Krugman @paulkrugman
Me on CNN International the other day https://t.co/KygtrG3Ps6 — PolitiTweet.org
Paul Krugman @paulkrugman
Lots of food for thought. But one thing is clear: Imagining that a good economy will speak for itself is fantasy 7/ — PolitiTweet.org
Paul Krugman @paulkrugman
Partisanship can explain a significant part of this gap: Republicans say the current economy is worse than 1980, when the misery index was 21! 6/ — PolitiTweet.org
Paul Krugman @paulkrugman
People arguably *shouldn't* care that much about inflation; but in any case consumer sentiment is about 12 points lower than you'd expect even given the misery index, although that's not totally unprecedented 5/ — PolitiTweet.org
Paul Krugman @paulkrugman
A quick-and-dirty version uses the "misery index" — the sum of unemployment and inflation. It's kind of a stupid measure, except that it works pretty well 4/ https://t.co/XnVSuu02uy — PolitiTweet.org
Paul Krugman @paulkrugman
Here 3/ https://t.co/kvdnZVrdM4 — PolitiTweet.org
Nate Cohn @Nate_Cohn
If you fit a quick model of consumer confidence as a function of inflation, gdp, income, and unemployment, you'd gu… https://t.co/aSqtKWUbBI
Paul Krugman @paulkrugman
Nate Cohn fitted a model, and finds a 10-15 point mystery 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
Still noodling away on the question of why people are so down on an economy that's yielding real income gains 1/ https://t.co/RgTBuAEcwi — PolitiTweet.org
Paul Krugman @paulkrugman
It's quite addictive. For example, there's a running discussion about why people rate the current economy so badly;… https://t.co/2vAIsM3ZpD
Paul Krugman @paulkrugman
Can't resist: in 1980, debating Jimmy Carter, Reagan asked "Are you better off now than you were 4 years ago?" The true answer was ... yes? (although recent declines dominated people's minds) 7/ https://t.co/gEGDrVFaep — PolitiTweet.org
Paul Krugman @paulkrugman
Much more — they offer a wealth distribution tool too. I'll have much more to say about what we can learn in the next few days 6/ — PolitiTweet.org
Paul Krugman @paulkrugman
Here's what that economy looked like 5/ https://t.co/5AIBXfXT3L — PolitiTweet.org
Paul Krugman @paulkrugman
I've noted that Republicans say that the current economy is worse than it was in June 1980 4/ https://t.co/LAq9yL1nUO — PolitiTweet.org
Paul Krugman @paulkrugman
It's quite addictive. For example, there's a running discussion about why people rate the current economy so badly; to add to the puzzle, here's real income over the past year, which is up for everyone 3/ https://t.co/kaNkmgUUb1 — PolitiTweet.org
Paul Krugman @paulkrugman
The website, which draws graphs FRED style, is here 2/ https://t.co/yG94huDJsD — PolitiTweet.org
Paul Krugman @paulkrugman
Saez, Zucman and associates have a great new tool that estimates changes in income distribution in real time 1/ https://t.co/5TCDrbKVDE — PolitiTweet.org
Paul Krugman @paulkrugman
New York looks like a major European country in terms of vaccination level; it's red America dragging the average down 4/ https://t.co/mRwTftY2FF — PolitiTweet.org
Paul Krugman @paulkrugman
Look at vaccination rates for some big states 3/ https://t.co/G967VsU5c7 — PolitiTweet.org
Paul Krugman @paulkrugman
Charles Gaba has been documenting this extensively 2/ https://t.co/J1y7OsbNBv — PolitiTweet.org
Charles Gaba 🇺🇦 @charles_gaba
Weekly Update: County-level #COVID19 vaccination levels by Partisan Lean (now w/boosters!) https://t.co/8rGCfmjcx1
Paul Krugman @paulkrugman
One thing this useful article only kind of hints at is the extreme regional divide within the US, driven by Republican anti-vaccine propaganda and policies 1/ https://t.co/J6fcjUPp2H — PolitiTweet.org
Paul Krugman @paulkrugman
RT @nytopinion: "Far right politicians are not the only promoters of Bitcoin. New York City Mayor Adams is promoting Bitcoin, too," writes… — PolitiTweet.org
Paul Krugman @paulkrugman
Why Jerome Powell won't have to be another Paul Volcker https://t.co/AjBBpMsTJ2 — PolitiTweet.org
Paul Krugman @paulkrugman
One interesting question is how public views will change if Omicron fades as quickly as it seems to be doing. Here's NYC 6/ https://t.co/fiQTeoajf6 — PolitiTweet.org
Paul Krugman @paulkrugman
And it still goes on 5/ https://t.co/2W27t5cf8Y — PolitiTweet.org
Ezra Klein @ezraklein
"The number of Covid patients in US hospitals on January 19 would have peaked at 91,000 instead of 161,000 if the U… https://t.co/0fCzUKiHsO
Paul Krugman @paulkrugman
But the story so far is that the right sabotaged America's fight against Covid, killing thousands in the process — and may triumph because voters blame Biden 4/ — PolitiTweet.org
Paul Krugman @paulkrugman
Charles Gaba documented the incredible disparities. Less with Omicron, which is highly transmissible, although fading fast 3/ https://t.co/qp8pEIIq4Q — PolitiTweet.org
Paul Krugman @paulkrugman
The Delta wave was overwhelmingly something that hit the unvaccinated — and low vax rates were very much a political phenomenon 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
If we think Biden's approval/economic confidence were mainly undermined by Delta, we need to recognize that this is a horrifying success story for ruthless sabotage 1/ — PolitiTweet.org
Jonathan Bernstein @jbview
Surely it's Delta. Worth noting too that while the data isn't quite conclusive, it sure appears that Biden approval… https://t.co/KCOC4Qav8W
Paul Krugman @paulkrugman
In which I invoke Hobbes, although I couldn't find a way to bring in Calvin https://t.co/SaVI1VCBtB — PolitiTweet.org
Paul Krugman @paulkrugman
OK, NOW the supply chain issues are serious — PolitiTweet.org
Bloomberg Wealth @wealth
"There simply aren’t enough yachts available" https://t.co/K4M9sv9JXC
Paul Krugman @paulkrugman
RT @Nate_Cohn: One could argue that 7% inflation is more jarring today than it was in those prior instances, when baseline inflation was hi… — PolitiTweet.org