Paul Krugman's avatar

Paul Krugman

@pkrugman.bsky.social

So how is it that in the 19th century the federal government largely paid its way with tariffs? Because back then the government was much, much smaller. Believing that we can go back to those days is just ignorant 6/

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Sánchez Bolín (pavesista)'s avatar Sánchez Bolín (pavesista) @pavesista.bsky.social
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Trump is an ignorant not only in Economics, also in Maths.

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Johan Zvrskovec 🇺🇦's avatar Johan Zvrskovec 🇺🇦 @johanzvrskovec.bsky.social
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I have always liked the idea of inflation taxation, because it would mean less tax declaration work.

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Yossi Gol ⚽️'s avatar Yossi Gol ⚽️ @yossigol.bsky.social
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If we want to go back to 19th century policies, we'll have to take to assume other 19th century-related consequences, including no electricity, child labor, and a life expectancy of 30-35 years.

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