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Funny story that inspires a personal reminiscence: some years ago I did a cycling tour in Austria's lake country, which was where much of The Sound of Music was filmed 1/ nytimes.com/2020/01/17/wor…
What was funny was that tour guides scrambled the fictional and the real together, pretty much indistinguishably: "This is where Emperor Franz Josef kept his mistress, and this is the church where Maria got married." 2/
The area is, by the way, lovely, with excellent cycling trails. I did, however, kind of OD on schnitzel 3/
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Paul Krugman
@paulkrugman
As I was saying 1/ cnbc.com/2020/02/07/pen…
So basically Pence is confirming and endorsing my Friday column 2/ nytimes.com/2020/02/06/opi…
Here's the IMF's estimate of the structural budget balance: we're getting as much deficit stimulus now as in 2012, when the unemployment rate was 8% 3/
Read 5 tweets
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Paul Krugman
@paulkrugman
As I explained in today's column, Republicans hobbled the Obama economy in the name of fiscal responsibility, which they abandoned as soon as Trump came in. But how big a deal was that? 1/ nytimes.com/2020/02/06/opi…
Well, the Hutchins Center produces regular estimates of the impact of fiscal policy on growth, which shows the turn to austerity under Obama and the reversal under Trump 2/ brookings.edu/interactives/h…
Contractionary fiscal policy began in 2011I, when Rs took the House. I took the cumulative impact on growth, and the implied effect on the unemployment rate (assuming 1% GDP = 0.5% unemployment, which is standard). Here's what it looks like 3/
Read 4 tweets
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Paul Krugman
@paulkrugman
The huge decline in the number of uninsured under Obamacare is in large part (more than half) due to the expansion of Medicaid 1/
Now Trump is trying to strangle Medicaid by converting it into block grants that won't keep up with rising costs 2/ washingtonpost.com/outlook/2020/0…
Oh, and the lies the administration is deploying to claim that this isn't a cut are the same as the arguments Newt Gingrich used to pretend that he wasn't trying to strangle Medicare in 1995. Zombies, zombies, everywhere 3/
Read 3 tweets

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Minister for Love and Light
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#Story thread
The year is 3100, & memes have been banned. The interplanetary alliance (replaced the United Alliance, which replaced UN), now sits in Lagos, Nigeria. The IA is an alliance of Humans (CEOs of the top 1% tech companies), Robots, and life forms from other planets.
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Noah Smith 🐇
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1/Today's @bopinion post is about the Millennial generation, now approaching middle age.

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Kenneth P. Vogel
@kenvogel
NEW: Ukrainian-Russian developer PAVEL FUKS files suit against the GOP fundraiser @YuriVanetik for scamming Fuks out of $200k he paid for a VIP package to TRUMP's inauguration.
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Baba97
@Baba9773
1) @TheLastRefuge2 is absolutely right but getting @Jim_Jordan to become the House Minority Leader will be HUGE because he will join @DevinNunes as a member of the Gang of Eight. They can do everything they want over the next two years. Our President showed them today and will
2) continue to do so over the next few days (others will be resigning {Wray, Rosenstein, Boente etc.}) that he has the ABSOLUTE POWER with a new AG and others that will be new in the DOJ and FBI to have actual indictments for each and everyone involved in the Soft Coup.
3) Including members of Congress on the Democrat side (Schiff, Warner, Feinstein etc.).

If this is a game of tit for tat, they will get the Atomic Sledgehammer of Truth dropped on all their heads.



@LindseyGrahamSC is licking his chops for when he takes
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Baba97
@Baba9773
1) @TheLastRefuge2 @Peoples_Pundit @LarrySchweikart @ABPatriotWriter @athein1 @brhstanford @unseen1_unseen @ed_grimly @UW_Promos @davealvord164 @MichaelENewton1 @SHEPMJS @boydvenable @jaz2cox

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Our President will
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Steve Cox
@RealSteveCox
There’s a major, fundamental ignorance about all this talk of #TrumpTreason:

Elected officials are meant to represent the body of the people, to whom they’re meant to be accountable.

The intel community is *not* accountable to us. They’re accountable to the Executive (Trump)
1/
There is no reason whatsoever that elected officials should be loyal to the intel community. That’s backward. And *anybody* saying they don’t support the intel community is not “treasonous.”

Nor is saying you believe another world leader is correct over our own IC.
2/
The IC does not represent the people. The IC does not work for the people. The IC does not answer to the people. The IC is not accountable to the people.

It’s actually easier to make a coherent, logical argument that elected officials being loyal to the IC is treasonous.
3/
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