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Paul Krugman
paulkrugman
Putting the Republican attempt to hobble the Fed in perspective: important to realize that financial crises have been a defining feature of the world economy these past 25 years 1/https://www.nytimes.com/2020/12/17/us/politics/closing-in-on
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Still thinking about the R effort — apparently abandoned as a practical matter — to prevent the Fed from acting to prevent crises. I still think sabotage was the main
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Watching the spectacle of Trump's final days makes me think about ... interest rates. Bear with me a minute 1/https://twitter.com/maggieNYT/status/1340349856574038017 If you follow economics you may be aware how the
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The absence of state aid is a huge problem, because state and local governments, unlike the federal gov, are required to balance their budgets. But why? Important question 1/https://www.nytimes.com/2020/12/17/business/stimulus-state-local-a
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The GOP spent most of 2020 rejecting science in the face of a deadly pandemic; now it's rejecting democracy in the face of a clear election loss. How did we
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Many of the headlines on the new administration offer get it wrong by emphasizing the headline cost, which makes it sound serious. The key thing is the refusal to extend
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So Trump lost, but we're still talking about why so many people voted for him. And story seems to be that millions thought "We feel disrespected by liberal elites, who
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A bit more on Mnuchin's sabotage effort; it's helpful to know the context in which that money was made available in the first place 1/https://www.nytimes.com/2020/11/19/business/economy/mnuchin-fed-emergency-programs.html?action=cli
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The next few months will be terrible, politically and economically, and a lot of people will be impoverished and die unnecessarily. But vaccination is coming — and when it does,
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Not the most important issue, but one of the things that really disturbs me about America under Trump is the number of seemingly reasonable people who went completely feral 1/https://www.huffpost.com/entry/fox-business-lou-dobbs-donald-trum
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What a terrible election. As far as I can tell from the vote analysts, Biden is highly likely to pull this out — the outstanding votes in WI/MI/PA and, for
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The more I look at this election, the less I imagine I understand. Florida was a surprise Trump triumph — and also voted to increase the minimum wage to $15
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