Skip to content
  • Home Home Home, current page.
  • Moments Moments Moments, current page.

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
paulkrugman's profile
Paul Krugman
Paul Krugman
Paul Krugman
Verified account
@paulkrugman

Tweets

Paul KrugmanVerified account

@paulkrugman

Nobel laureate. Op-Ed columnist, @nytopinion. Author, “The Return of Depression Economics,” “The Great Unraveling,” "Arguing With Zombies," + more.

New York City
nytimes.com/column/paul-kr…
Joined October 2008

Tweets

  • © 2021 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      Bad ideas never sleep. Even though we’re all focused on a lawbreaking president who places his own concerns above the natural interest, I’m still getting mail from people sure that federal debt is a grave threat. So let me take a break from the news cycle to talk about that 1/

      115 replies 473 retweets 1,788 likes
      Show this thread
    2. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      Let me start with a picture. Here’s federal interest payments as a share of GDP. They’re about half what they were at the end of the Reagan administration. Does this look like a crisis? 2/pic.twitter.com/BAEPAivCDv

      24 replies 130 retweets 549 likes
      Show this thread
    3. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      It’s true that the absolute debt number, even as a share of GDP, is way up. Interest payments are low because interest rates are low. But why should we care about the size of the debt stock? It’s debt service that matters, if anything does 3/

      18 replies 63 retweets 409 likes
      Show this thread
    4. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      And even the interest payment number gives a misleading picture. *Real* interest payments are much lower, indeed barely positive. And the budget surplus needed to stabilize debt relative to GDP, which is a much better measure of the debt burden, is *negative* 4/

      8 replies 57 retweets 350 likes
      Show this thread
    5. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      That’s because the interest rate is below the economy’s growth rate — which is actually normal. Wait, there’s more. Interest rates are low because private spending is consistently weak, probably because of demographic factors. And that has implications for budget policy 5/

      19 replies 57 retweets 368 likes
      Show this thread
    6. Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      Specifically, deficit spending is actually good under these circumstances, because it helps sustain demand and makes it easier to maintain employment. Now, we should be using deficits for good — rebuilding infrastructure, not giving corporate handouts 6/

      45 replies 107 retweets 686 likes
      Show this thread
      Paul Krugman‏Verified account @paulkrugman 8 Jan 2020

      But while the way Trump has blown up the deficit is bad, the deficit itself just isn’t an important problem; which makes you wonder why so many people are still determined to believe otherwise 7/

      4:50 AM - 8 Jan 2020
      • 99 Retweets
      • 589 Likes
      • Cathy Wilson 🇺🇸 Get vaccinated If You Can Dodge A Wrench, You Can Dodge a Finding d'Beastco Power Hub🔋 Jeff Meyer Xavi Campaña Hodings Kati Vivian J. Paige 😷📝🌈🌊 Soup4Bonnie Genwil
      103 replies 99 retweets 589 likes
        1. New conversation
        2. spiritsucks‏ @marketmaze 8 Jan 2020
          Replying to @paulkrugman

          Would you recommend a private household to take on government level deficit spending since its not a big deal?

          3 replies 0 retweets 2 likes
        3. Johan Johansson‏ @TheRealTroff 8 Jan 2020
          Replying to @marketmaze @paulkrugman

          A country is not a private household.

          1 reply 0 retweets 5 likes
        4. Show replies
        1. New conversation
        2. Rob‏ @RobMcLaughlin30 8 Jan 2020
          Replying to @paulkrugman

          b/c Republicans yelled at Obama about it for 8 years?

          1 reply 0 retweets 6 likes
        3.  ❌Timothy Tobin ❌‏ @tatobin2 9 Jan 2020
          Replying to @RobMcLaughlin30 @paulkrugman

          You're confusing deficit with dept, dimbulb. You're as bad at economics as Paul is.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. This Tweet is unavailable.
        2. allan webb‏ @awebbva 8 Jan 2020

          Try 2 trillion

          0 replies 0 retweets 0 likes
        3. End of conversation
        1. New conversation
        2. Antny  🇺🇸‏ @likea66 8 Jan 2020
          Replying to @paulkrugman

          Except it is an important problem because we all know a downturn will come sooner or later. When that downturn comes, we will not be able to stimulate like we did last time. At some point this crap catches up to you.

          1 reply 0 retweets 7 likes
        3. spiritsucks‏ @marketmaze 8 Jan 2020
          Replying to @likea66 @paulkrugman

          And when the downturn comes and gdp shrinks that initial interest rate as % of gdp graph won’t look as benign

          0 replies 0 retweets 4 likes
        4. End of conversation
        1. David Hume Lindsay‏ @DHumeLindsay 8 Jan 2020
          Replying to @paulkrugman

          They know a dem might be coming.

          0 replies 0 retweets 2 likes
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. Eric Vey‏ @EricVey 8 Jan 2020
          Replying to @paulkrugman

          I don't have to wonder, I know. It's because deficits are bad for themselves, their city and their state. Eventually it catches up with them because their income is difficult to increase.

          0 replies 0 retweets 2 likes
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2021 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info