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Paul Krugman
@paulkrugman
, 3 tweets, 1 min read Read on Twitter
This isn't really surprising. If you're a Jew with any sense of history, you know that when bigotry runs free, you're always the next target 1/ talkingpointsmemo.com/edblog/jews-an…
I'm personally seeing an upsurge in explicitly anti-Semitic hate mail. All of it is coming from the right 2/
And related, from Pew 3/ pewresearch.org/fact-tank/2019…
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Paul Krugman
@paulkrugman
This gets at a question I wonder about a lot: why isn't Trump an actual populist, even a little bit? Aside from tariffs – which the white working class doesn't like – he's been straight GOP orthodoxy 1/
And the thing is that there really is a substantial constituency of racist whites who like safety-net programs, at least for themselves 2/ voterstudygroup.org/publication/po…
So Trump would be much stronger if he threw those constituents at least a bone or two. Why doesn't he? Is it personal -- pathological lack of empathy? Is he afraid that if he deviates from the hard right the GOP might call him on his corruption and Putinizing? 3/
Read 5 tweets
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Paul Krugman
@paulkrugman
Andrew Yang isn't a serious contender for the nom, but is getting a fair bit of attention for advocating universal basic income, which he says is needed because automation is taking away all the jobs -- a common tech-industry view 1/ vox.com/2019/3/11/1825…
But it's a view that has zero support from the data. If the robot apocalypse were here, we should be seeing soaring output per hour worked. What we actually see is ... a slowdown 2/
This whole techno-fatalism thing is strange. I think it's popular among business types because it (a) plays into the techno-hype they love and (b) diverts attention from the role of power in wage stagnation 3/ nytimes.com/2019/03/14/opi…
Read 3 tweets
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Paul Krugman
@paulkrugman
Actually, none of the reasons given here are why I doubt that a Fed rate cut would be very effective, or in general why we're so badly prepared to fight a slump if it happens 1/ cnbc.com/2019/06/14/fed…
The most immediate problem is that there isn't enough room to cut. In past recessions the Fed has on average cut by 5 percentage points, and even that wasn't enough to avoid long "jobless recoveries". This time they only have room to do half that much 2/
Also, long-term rates -- which are what matter for investment – are already very low. How much lower would a Fed cut push them? And what would they drive? Monetary policy works largely through housing, and while we aren't in 2006-bubble territory, housing already high 3/
Read 5 tweets

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Friend or Foe?
@starknightz
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(((Neil))) 👁‍🗨
@dungeekin
Really glad to see the Corbynistas taking the announcement of the @EHRC investigation into #LabourAntisemitism in such good grace..... Oh.
Because there's no Jew-hate in the Labour Party.

Oh.
Exoneration is just around the corner.

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Dan Poraz
@PorazDan
I’m an avid history geek 🤓 and I got this idea from @GippersChutzpah!
My follower count is currently stuck in the mid ages. I’ll tweet some Jewish history milestones from along the years, according to my follower count. So come on, I’m 4 followers short of the first story...
On 13/12/1204, Moshe Ben Maimon AKA #Maimonides (Greek) and Ha’Rambam (Hebrew), died at 69 in Egypt.
A Philosopher, Physician, Astronomer and one of most important #Jewish Scholars of all times.
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Sibel Edmonds
@sibeledmonds
#Khashoggi Case Thread: I am going to ‘pin’ this post to use it as an ‘Info Thread’ on the #Khashoggi Case. I am in #Turkey. I’ve been following the case closely and with access to sources & experts here. This is a very ‘sensitive’ criminal case due to ‘Diplomatic Booby Traps’!!!
The Evidence Obtained Outside Cameras will not show any evidence of ‘tempering’ but other than license plates of dozens of diplomatic cars (Many with tinted windows-large trunks) with related time stamp, drivers Info, model/year: Nothing.
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