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Paul Krugman
Nobel laureate. Op-Ed columnist, @nytopinion. Author, “The Return of Depression Economics,” “The Great Unraveling,” “The Age of Diminished Expectations” + more.
Not, in the end, all that different from, say, Belgium, even adjusting for somewhat smaller population 3/
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Of course there's a great deal of hardship; many businesses have already gone under, and the end of unemployment supplements will mean disaster for many. But don't say that America was incapable of dealing with this; last I heard, NYC was part of America 5/
America's uniquely disastrous coronavirus response was about politics — a vicious incompetent in the White House and a ruling party that can't and won't do actual policy. With decent leadership Americans could have risen to the occasion 6/
It's in the Book of Armaments, Chapter two, verses nine through twenty-one 1/
"Trump’s unemployment benefit boost would be a new program that could take months to set up." Trump's CCSP — Country Club Stimulus Plan — is policy theater, not actual policy
In 2018, according to the Rockefeller Institute, KY received $45 billion more in federal expenditures than it paid in federal taxes. That was more than 20% of state GDP
So, do you want to know what I think about the choice of Harris? No, of course you don't. You have no idea how much peace of mind that gives me.
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I don't know if anyone else has said this, but payroll tax cuts are the hydroxychloroquine of economic policy. They won't do anything to solve the employment crisis, but will have dangerous side effects. Yet Trump remains obsessed with them as a cure 1/
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, for the job 1/
So did Trump just betray the Kurds because (a) He has business interests in Turkey (b) Erdogan, being a brutal autocrat, is his kind of guy (c) His boss Vladimir Putin told him to Remarkable that all three stories are perfectly plausible.
Has anyone pointed out that Biden is capable of admitting error? That by itself puts him on a higher moral plane than you know who
Did I miss Trump saying something about the killing of Judge Esther Salas's son? Or did he exhaust his reserves of compassion feeling sorry for Ghislaine Maxwell?
Another thought on Arizona's numbers: AZ, with 7 million people, is reporting as many new cases per day as the European Union, with 446 million.
Remember: the two main means-tested programs in America are Medicaid and SNAP (food stamps). In each case most beneficiaries are children, elderly, or disabled. The idea that we're handing out billions to lazy bums is false and slanderous.
One of the defining features of the US Covid debacle has been refusal to learn from other countries. Now, as much of the country prepares to open schools, we should — but won't — look at what happened in Israel
By now we were supposed to have a fading pandemic and a roaring recovery. Instead we have a fading recovery and a roaring pandemic. And its all about bad leadership.
Susan Collins says she's concerned about deficits, and that's why she's voting for the tax bill. I'm watching my weight, and that's why I'm having a huge piece of pie with ice cream.
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