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paulkrugman's profile
Paul Krugman
Paul Krugman
Paul Krugman
Verified account
@paulkrugman

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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

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    Paul Krugman‏Verified account @paulkrugman Feb 20

    It's too bad that the Republicans who run Texas are now committed to the canard that renewable energy somehow caused the blackout; once you've gone with a Big Lie, there's no going back. Because they really should be reflecting on the failure of a theory 1/

    4:02 AM - 20 Feb 2021
    • 3,120 Retweets
    • 13,023 Likes
    • Fours Seasons and a Total Landscaping Movie Sitkajim Jason Ozolins Cat John T. Crawford Mike Lucas Missy Rogers🌈 MP Buettner Ignacio Parada
    390 replies 3,120 retweets 13,023 likes
      1. New conversation
      2. Paul Krugman‏Verified account @paulkrugman Feb 20

        The idea behind Texas energy policy was that a deregulated market didn't require any oversight to protect the system from crisis, because profit-maximizing utilities would build in robust excess capacity to take advantage of possible price spikes 2/

        83 replies 867 retweets 4,295 likes
        Show this thread
      3. Paul Krugman‏Verified account @paulkrugman Feb 20

        But they didn't, even though the price spike has been incredible 3/pic.twitter.com/LpX5a6VUQ4

        33 replies 595 retweets 3,270 likes
        Show this thread
      4. Paul Krugman‏Verified account @paulkrugman Feb 20

        And consumers didn't just freeze in the dark; many are now facing catastrophic bills 4/https://www.ft.com/content/0e746280-e72c-4087-9c0d-df2a7af82b77 …

        45 replies 730 retweets 3,397 likes
        Show this thread
      5. Paul Krugman‏Verified account @paulkrugman Feb 20

        So it's now looking as if this will be a three-phase crisis: 1. No power or hear 2. No clean water, or maybe no water at al 3. A wave of bankruptcies It's one hell of a lesson — but the people running Texas won't learn it 5/

        128 replies 881 retweets 4,830 likes
        Show this thread
      6. Paul Krugman‏Verified account @paulkrugman Feb 20

        "heat"

        86 replies 175 retweets 1,946 likes
        Show this thread
      7. End of conversation
      1. New conversation
      2. Mas‏ @RaulyMas Feb 20
        Replying to @paulkrugman

        My dad loves your shit

        3 replies 1 retweet 11 likes
      3. danielle mowery‏ @dym44 Feb 20
        Replying to @RaulyMas @paulkrugman

        Smart dad!

        0 replies 1 retweet 3 likes
      4. End of conversation
      1. New conversation
      2. Get vaccinated!‏ @pfhmarsden Feb 20
        Replying to @paulkrugman

        Once power is fully restored I’d LOVE some polling to know if Texans are buying that particular line of BS.

        11 replies 4 retweets 94 likes
      3. Ben Walling‏ @bwalling Feb 20
        Replying to @pfhmarsden @paulkrugman

        The oil and gas state opposing renewable energy sources? Of course they will.

        0 replies 0 retweets 14 likes
      4. End of conversation
      1. This Tweet is unavailable.
      2. Nancy Birkhimer‏ @nbirkhimer Feb 20
        Replying to @Sethmcneil5V @paulkrugman

        There is no difference, if they were building support to eliminate cats. They are actually packaging two lies as one: "It is not the fault of an unregulated, unprepared power grid." "The Green New Deal will destroy us." Thinking of all those still struggling in Texas.

        1 reply 10 retweets 110 likes
      3. Show replies

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