Paul Krugman+ Your Authors @paulkrugman Nobel laureate. Op-Ed columnist, @nytopinion. Author, “The Return of Depression Economics,” “The Great Unraveling,” "Arguing With Zombies," + more. Jun. 30, 2020 1 min read + Your Authors

Paycheck support is closing up shop; expanded unemployment benefits end late July. This might make sense if we had a sustainable roaring recovery ... but we don't 1/  https://www.nytimes.com/2020/06/30/business/paycheck-protection-program-coronavirus.html?action=click&module=Well&pgtype=Homepage&section=Business 

WP headline. That's the story. So we're slashing wage support just as any recovery in wage income is about to stall. 2/

You might think that the Trump admin, out of sheer self-preservation, would face reality here. But if it were that kind of administration, Trump would be wearing a mask 3/


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