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Paul Krugman
paulkrugman
I have to admit that I'm baffled by the Trump/McConnell strategy of stonewalling on aid to hospitals and state governments. I get that they have bad intentions, but what's the
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I'm still marveling at the fact that the president of the US is trying to create a cartel to support oil prices, in effect taxing U.S. consumers to support the
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Let it not be said that US conservatives refuse to learn from Europe. On the pandemic, they want us to emulate Sweden 1/https://twitter.com/shadihamid/status/1248664536078483462 And in terms of financial credibility, they
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I know there's a lot of other stuff going on, but surprised not to see more commentary about how weird it is for the U.S. president to be trying to
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Early signs are that we're fumbling the economic response to Covid-19 almost as badly as we fumbled the public health response 1/https://www.nytimes.com/2020/04/09/business/coronavirus-unemployment-washington.html?action=click&module=Well&
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Italy is a model for our near future, and it suggests that things may be grim 1/https://www.nytimes.com/2020/04/07/opinion/italy-coronavirus-naples.html?action=click&module=Opinion&pgtype=Homepage It's notable that the economic hardship i
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May be relevant to note that there is a long, close association between right-wing activism and medical quackery 1/https://twitter.com/keithboykin/status/1246959742855102465 Rick Perlstein documented "mail-order conservatism" long ago 2/htt
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America's response to the coronavirus is the worst in the world, which is shocking and has a lot to do with a leader who is completely unfit, temperamentally and intellectually,
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Covid-19 has led to a number of shortages. It has also, as a consequence, produced an epidemic of price-gouging. 1/https://www.nytimes.com/2020/03/27/us/coronavirus-price-gouging-hand-sanitizer-masks-wipes.html Crucially, the Trump administration’s r
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This paper by Guerrieri et al is impressively fast work, similar in spirit to what I've been thinking but going much further while also crossing the eyes and dotting the
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Agree with this: balance sheet damage will hinder recovery even when the virus subsides. But 20% unemployment in 6 months sounds wildly optimistic: we may well be there in *two
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So, as I understand it, the two key disaster-relief provisions of the CARES Act — enhanced unemployment benefits and small-business loans — aren't likely to be operational for weeks, due
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