Paul Krugman

Paul Krugman @paulkrugman

Still, the reality is amazingly different from the narrative. Sort of reminds me of the way France gets trash-talked, and how shocked some people get when you tell them that employment of prime-age adults is higher there than here 4/ — PolitiTweet.org

Paul Krugman @paulkrugman

Where CA did badly — and it did very, very badly — was housing, where the NIMBYs prevented remotely adequate construction 3/ https://t.co/buJ6vEOVam — PolitiTweet.org

Paul Krugman @paulkrugman

CA also matched TX employment growth 2/ https://t.co/rsREhiRNZm — PolitiTweet.org

Paul Krugman @paulkrugman

A crazy process and lack of attention could give California a Trumpist governor. Watching the horror show, I started looking at how CA has fared since 2010, when progressives took power. Did you know that its economy grew as fast as Texas'? 1/ https://t.co/zCOX2GgzBo — PolitiTweet.org

Paul Krugman @paulkrugman

Original headline: You can take this job and shove it. And no, it's not about unemployment benefits https://t.co/7M0keLpgMx — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: "The pandemic may have given many Americans a chance to figure out what really matters to them," @paulkrugman writes, "and… — PolitiTweet.org

Paul Krugman @paulkrugman

But Politico says DeSantis won the pandemic — PolitiTweet.org

Paul Krugman @paulkrugman

At the very least we're seeing an impressive display of sheer competence. — PolitiTweet.org

Paul Krugman @paulkrugman

RT @atrupar: Fox News on FDA's approval of Pfizer vaccine: Was it rushed? *40 seconds pass* What took so long? https://t.co/Id8NVmXKzI — PolitiTweet.org

Paul Krugman @paulkrugman

The Sturgis bike rally started Aug. 6 https://t.co/uN2B052GjE — PolitiTweet.org

Paul Krugman @paulkrugman

Just the usual: a struggle between the shaves and the shave-nots — PolitiTweet.org

Paul Krugman @paulkrugman

RT @JohnJHarwood: "In a very real sense, the irresponsible minority is depriving the rest of us of life, liberty and the pursuit of happine… — PolitiTweet.org

Paul Krugman @paulkrugman

Barney Frank's phrase: weaponized Keynesianism (gov spending destroys jobs, unless it's on weapons, when it creates them) — PolitiTweet.org

Paul Krugman @paulkrugman

A memory perhaps relevant to the discourse over debt: In the 1950s, I think, when Britain was obsessed over the balance of payments, an official was asked why they didn't have these problems in the heyday of empire. His answer: "You see, back then we didn't have statistics" — PolitiTweet.org

Paul Krugman @paulkrugman

Book recommendation: a novel about Westerners trying unsuccessfully to impose their values in central Asia — except the Westerners are Alexander the Great's Macedonians https://t.co/IboFTZn3in — PolitiTweet.org

Paul Krugman @paulkrugman

The psychology is clear — why I joked after the financial crisis that the govt should invent a fake alien invasion, fighting which somehow required infrastructure investment, to make the debt scolds shut up — PolitiTweet.org

Paul Krugman @paulkrugman

To a first approximation, we've always been willing to do functional finance in times of war. The debt scolds only emerge when we're talking about things other than bombs and guns 5/ — PolitiTweet.org

Paul Krugman @paulkrugman

The Union also paid for about 2/3 the cost of the Civil War by issuing bonds 4/ https://t.co/SjCmg4pv6x — PolitiTweet.org

Paul Krugman @paulkrugman

Chart. I'm familiar with this stuff bc of all the people back circa 2010 saying that Keynes would have had different views if Britain had been deeply in debt — which, in fact, it was when he wrote 3/ https://t.co/9wZZTOnofd — PolitiTweet.org

Paul Krugman @paulkrugman

Certainly it wasn't the first time Britain went there. WWI was also paid for with a massive increase in debt — and so, a bit more slowly, were the Napoleonic Wars! 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

Tooze is really good on this — the problem with the War on Terror is NOT that it added to the national debt — but a little off-base, I think, in suggesting that WWII marked a sharp break with previous fiscal orthodoxy 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

Backup for my latest TV appearance https://t.co/2uHgt0PiAh — PolitiTweet.org

Paul Krugman @paulkrugman

It's Wasserman, of course. — PolitiTweet.org

Paul Krugman @paulkrugman

I did mean Wasserman. All these W names sound alike. — PolitiTweet.org

Paul Krugman @paulkrugman

MAGA types always complain about being ignored; but somehow it's OK to overrule the public's desire for more safety and less death? 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

The public supports vaccine mandates. I wish they had also asked about governors preventing private businesses from requiring that customers be vaxed; probably very unpopular 1/ https://t.co/CdX49eBChM — PolitiTweet.org

Paul Krugman @paulkrugman

And all such maps — Medicaid non-expansion, UI cutoff, and non-vaccination — look more or less the same 3/ https://t.co/Z1WWaUYhCW — PolitiTweet.org

Paul Krugman @paulkrugman

I'd say I'm surprised, but remember, many of these states are still refusing a 90% federal funded expansion of Medicaid 2/ — PolitiTweet.org

Paul Krugman @paulkrugman

As Dave Weigel would say, I've seen enough: the red-state rush to cut off aid to the unemployed did not do much if anything to create jobs, but did create vast, gratuitous hardship for millions of Americans 1/ — PolitiTweet.org

Paul Krugman @paulkrugman

RT @nytopinion: "We still tend, far too often, to imagine that we can shape the world as we like. But those days are long gone, if they eve… — PolitiTweet.org