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One of these trajectories is not like the others. Is it Trump's fault? Of course: pandemic response is heavily dependent on presidential leadership, and Trump has been a malign influence every step of the way 1/
But it's not just Trump. Republican governors also played crucial dire roles 2/
Ron DeSantis killed a lot of Floridians 3/ washingtonpost.com/national/coron…
Abbott killed a lot of Texans, although his state's toxic political culture is making it hard for him to do better 4/ wsj.com/articles/will-…
So it's the ideology of modern conservatism as a whole, but just Trump's hopeless inadequacy, that has made America the sick man of the Western world — literally 5/
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Paul Krugman
@paulkrugman
A couple of months ago, before the great reopening disaster, I did several interviews in which I was asked about the tradeoff between the economy and fighting the pandemic. I answered that there was no tradeoff; you can't recover until you beat the virus. 1/
But that seemed impossible for the interviewers to process: each time they would come back with, "Yes, but how should we make the tradeoff between the economy and fighting the pandemic?" 2/
But there really isn't a tradeoff. The US is now lagging behind other countries that didn't rush to reopen 3/ bloomberg.com/news/articles/…
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Paul Krugman
@paulkrugman
And another: the Real-Time Population Survey, conducted in coop with Dallas Fed, suggests a decline in employment between the June and July reference weeks 1/ sites.google.com/view/covid-rps/
It's still not clear whether the official BLS number will be a small plus or a minus. But it won't be another big positive month 2/
Something I'm just registering: because official monthly employment reports are actually snapshots of the second week of the month, "August" numbers will reflect reality <3 weeks from now. It won't be great either 3/
Read 6 tweets
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Paul Krugman
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The unemployment claims number was terrible by any normal standard, although it's kind of the new normal. It's one of various indicators suggesting a stall in the economic recovery 1/
We really don't know whether the next official employment number, which will be for "July" but actually a snapshot of the 2nd week, will be a small positive or negative. Politically that may matter; the reality is that either way we're stuck deep in a hole 2/
It's a really terrible time to be cutting off aid to 30 million unemployed Americans. But that's what Rs in the Senate are doing, apparently believing that restaurant workers etc. are living the good life on the dole and need to be forced back into their petri dishes 3/
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