Profile picture
Paul Krugman @paulkrugman
, 4 tweets, 2 min read Read on Twitter
More thoughts on the Bennhold piece on bitter East German men and the rise of Germany's hard right: this piece has a lot of resonance with what's going on here. (Am I trying to do something besides worry about tonight? Why, yes) 1/ nytimes.com/2018/11/05/wor…
The US also has a lot of stranded men in declining regions. Austin, Glaeser and Summers had a very interesting piece on this, showing high rates of prime-age men not working in Greater Appalachia 2/ brookings.edu/wp-content/upl…
These are also areas that went for Trump, bigly. So there are commonalities with German experience. Meanwhile, the concentration of high-end economic activity in places that are already doing well continues 3/ nytimes.com/2018/11/05/tec…
So we, like the Germans, are sort of turning into two countries regionally and culturally. There's a lot more wealth and considerable more people in forward-moving America -- but our political system gives disproportionate weight to the other America 4/
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Paul Krugman
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @paulkrugman see all

Profile picture
This is a mostly good summary of interesting papers presented at the ASSA meetings -- but tellingly misrepresents what the paper by @ojblanchard1 actually said 1/ bloomberg.com/news/articles/…
Here's how the authors put it: 2/
But if you read the actual paper, it doesn't say anything like "debt is bad but not catastrophic". It notes that in simple models a situation like the one we're in, in which interest rates are below growth rates, is one in which debt is actually good 3/ aeaweb.org/aea/2019confer…
Read 5 tweets
Profile picture
I was sort of startled by how much reaction this piece on top tax rates got; most of it positive, but the negative reactions were revealing 1/ nytimes.com/2019/01/05/opi…
Not surprisingly, most of the pushback came from the right, where I got a fair number of complaints that the government has no right to tax away income that people have earned. Worth thinking about that: isn't it an argument against any taxation at all? 2/
Or if you admit that we need a government, maybe it's an argument against any kind of progressive taxation (and also against any social safety net). And that's a coherent point of view -- but one the public overwhelmingly rejects 3/ pewresearch.org/fact-tank/2017…
Read 6 tweets
Profile picture
This is a guy in his 40s who believed that monetary policy should be based on "Atlas Shrugged". Washington declared him a Very Serious Thinker 1/
This is a member of Congress who danced in college and recently called for a change in tax policy based on the work of leading economists. Washington considers her a flaky nitwit 2/
More about the economics of top tax rates 3/ nytimes.com/2019/01/05/opi…
Read 3 tweets

Related threads

Profile picture
#GilletJaunes protesters kicking a riot police officer today in #Paris. Police are firing rubber bullets. Protesters are throwing rocks. Looks messy.
Footage of what is believed to be a police sniper on the roof of the #ChampsElysees in #Paris a few hours ago.
Looks like some pretty big fires were set also.
Read 63 tweets
Profile picture
[ gertchase ! roommates au ]

gert and karolina are roommates and there is nothing they love more than their apartment. well, there’s one thing karo loves more and that is her girlfriend, nico. who has just asked her to move in. to which karo agrees without a moment’s hesitation.
gert is now down one roommate halfway through the school year and rent is unreasonably expensive for just her. so she looks through the student forum and— would you look at that? someone’s ex-girlfriend just kicked them out and they’re looking for a new place to stay.
GIRLS!
Read 169 tweets
Profile picture
Ooooooh this is a good idea. For every person I gif & mute, I will do the same! Bring it misogynobros💪🏻
There were 48 of these this week, which works out to a $2400 donation. Congrats, muted assholes! You just paid for several people from underrepresented groups to go to tech conferences, instead of you 😘
MEN IN TECH: for every asshole misogynist in my mentions, I’m donating $50 to @ProjAlloy - $2400 this week.

I can well afford it. But many folks targeted by hate groups can’t.

MY CHALLENGE TO YOU: use your wage gap money. Match my donations! #assholesforequity
Read 15 tweets
Profile picture
Twitter Thread - #NewStartforLibya

Ladies and gentlemen, the political and economic situation in #Libya today makes life hard for everyone, for #Libyans, our neighbours and the rest of the world. But we may still have hope that this can change.
I tweet today, not as a representative of any institution, faction or interest group but as someone who only wants the best for Libya; and #Libya surely deserves much better than she has had for the last fifty or so years.
I want to give you a summary of ideas that I have been developing for some time with a group of friends, professionals and academics which has become something of an informal think-tank.
Read 135 tweets
Profile picture
1/ Well said. In #Germany there is far, far too much complacency about what the #AFD are doing. “Just the far-Right having a laugh.”
2/ Every few weeks the #AFD say something eye-wateringly racist then walk it back. They’re not just joking or being provocative, they are testing the water. They are an abuser, grooming a victim.
3/ The #AFD knew they were onto a winner when they criticised the Holocaust Memorial and their poll numbers, after an intense backlash, recovered fairly quickly. google.de/amp/s/mobile.r…
Read 9 tweets
Profile picture
1/ #German magazine .@DerSPIEGEL reports rising number of #xrw foreign fighters (2,500 now) joining Asow militia in #Ukraine to fight agst #Russia in current print issue.
2/ It is also reported Asow militia actively recruited openly during largest German #xrw concert in #Themar in July 2017. This shows how much underestimated the threat of #xrw foreign fighters compared to #jihadists is. Imagine outcry if #ISIS would openly recruit at a concert.
3/ And the issue is not new. German and other European #neonazis have for example fought in HOS militia in #Bosnian civil war. See this remarkable article featuring interviews with some of them. bit.ly/2yQrL8k
Read 9 tweets

Trending hashtags

#Germany #Africa #Agenda2063 #Niger #German #AFD #NTC #Leipzig #NewStartforLibya #TRON #GilletsJaunes #Barsinghausen #Berlin #assholesforequity #terrorism #Bosnian #jihadists #Jamahiriya #Gaddafinomics #NotAllWomen #bots #truck #SüddeutscheZeitungMagazin #Jungfernstieg #BrandenburgAnDerHavel

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!