Paul Krugman

Paul Krugman @paulkrugman

RT @ThePlumLineGS: Here's why I dread 2022: Thanks to Manchin, Democrats are on the verge of letting a generational opportunity to rehabili… — PolitiTweet.org

Paul Krugman @paulkrugman

"paying" attention 7/ — PolitiTweet.org

Paul Krugman @paulkrugman

Despair is not a plan. Nobody should give up. But if you aren't extremely worried, you aren't lying attention 6/ — PolitiTweet.org

Paul Krugman @paulkrugman

We had an attempted coup a year ago; the GOP has now essentially endorsed that attempt and is preparing the ground for future cancelation of democracy. GOP policy on vaccines is a combination of bottomless cynicism and deep crazy 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

We've always had ideological conflict, and these conflicts have often been won by people with bad ideas and sometimes by people with bad motives. But now half our political spectrum is controlled by a faction that is ruled not by ideology but by the will to power 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Longer term I'm terrified of climate change. But at this point that fear has been overtaken by the near-term risk of political catastrophe right here in America 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

At this point I'm not personally all that afraid of Covid. I do know vaxxed/boosted people who've had breakthrough cases, but both anecdotes and the available data say that these cases are usually mild. For those acting responsibly, we're down to normal-risks-of-life levels 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Do you share my sense of dread about the year ahead? If not, why not? 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Deleting, with extreme apologies, my tweet about Isabella Weber on price controls. No excuses. It's always wrong to use that tone against anyone arguing in good faith, no matter how much you disagree — especially when there's so much bad faith out there. — PolitiTweet.org

Paul Krugman @paulkrugman

Huh. 8/ https://t.co/AHjsGNsK4g — PolitiTweet.org

Paul Krugman @paulkrugman

RT @charles_gaba: Thank you! For those who want the methodology/sources, here you go: https://t.co/te2QHWqFz8 — PolitiTweet.org

Paul Krugman @paulkrugman

I think — probably, maybe, I hope — that inflation will subside as demand gets less skewed and supply chains adjust. Price controls would just screw up that adjustment. Not all bad ideas come from the right 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

But we don't have a weak economy; we have inflation because we have a booming economy, with supply chains having trouble keeping up with the boom in goods consumption. And there's no hint of a wage-price spiral 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

There's also a *possible* argument for temporary controls to break a wage-price spiral that is persisting despite a weak economy — although making that work is so hard that it would be a strategy of last resort 3/ — PolitiTweet.org

Paul Krugman @paulkrugman

Price controls VERY occasionally have their uses — during wartime when rationing is rampant and perceived fairness/lack of profiteering are important 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

I am not a free-market zealot. But this is truly stupid 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

RT @guardian: We have a powerful weapon to fight inflation: price controls. It’s time we use it | Isabella Weber https://t.co/K7xJki2zRi — PolitiTweet.org

Paul Krugman @paulkrugman

So it seems a pretty safe prediction that we're heading for another wave of red death — followed a few months later by claims that the governors responsible actually did a great job. Sigh. 7/ — PolitiTweet.org

Paul Krugman @paulkrugman

And yes, while there are multiple reasons people don't get vaxxed, at this point it's very partisan, as @charles_gaba keeps documenting (especially if you exclude the suspect Miami-Dade numbers) 6/ https://t.co/g14UARGcDy — PolitiTweet.org

Paul Krugman @paulkrugman

I've been following the NYC data, both for personal reasons and bc it tends to be where the Covid future happens first. It's really stunning 5/ https://t.co/wMBtrP2SNu — PolitiTweet.org

Paul Krugman @paulkrugman

Pretty obvious that Omicron will soon be everywhere. Hospitalizations and deaths still low in southern states (but what the hell is happening in PA?) But they're lagging indicators. Once they catch up, what will matter is vaccination rates 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

And then that wave subsided, and until a few days ago DeSantis's people were boasting about their low case rate as Omicron hit the Northeast first. Sure enough 3/ https://t.co/Q8EzLF20CN — PolitiTweet.org

Paul Krugman @paulkrugman

Then that episode went down the memory hole and it was back to anti-mask and social distancing being great — until the Delta wave wreaked havoc across the red states, FL in particular 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Covid time is a flat circle, especially in FL. Remember when the first Covid wave started in the NY area, and right-wingers demanded that we apologize to Ron DeSantis — just as infections and deaths soared across the Sunbelt? 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Can we make an NFT of this tweet and save it for eternity? All of the interlinked madness of the right, joined at the hip. https://t.co/9SikDm2wq2 — PolitiTweet.org

Paul Krugman @paulkrugman

I'm on a much-needed break from the column and the newsletter; back next week. But took some time (and a bit of an emotional vacation) to write a draft semi-academic paper on deficits, inflation targets, and all that: "Credible irresponsibility revisited" https://t.co/NkQDwIJSk2 — PolitiTweet.org

Paul Krugman @paulkrugman

Oct. 20, 2020: If Biden is elected, the stock market will crash. Not that the Dow matters for anything much, and we all make bad predictions; but some of us admit mistakes and try to learn from them https://t.co/G0wgrQlVIC — PolitiTweet.org

Paul Krugman @paulkrugman

Oh, my. I took his class, and felt that I learned a lot. Especially remember the Taiping Rebellion. Also his last class, which he began with a lesson from China's history: "Death is never far away" https://t.co/ApBlaP3SM7 — PolitiTweet.org

Paul Krugman @paulkrugman

Prices at the pump lag a few weeks behind crude oil. But drivers seem about to see some serious relief. I'm sure that's bad news for Biden https://t.co/XwEHFVXf89 — PolitiTweet.org

Paul Krugman @paulkrugman

RT @atrupar: @joshtpm Christmas gifts are on time this year. Here’s why that’s bad news for Joe Biden. — PolitiTweet.org