Paul Krugman+ Your Authors @paulkrugman Nobel laureate. Op-Ed columnist, @nytopinion. Author, “The Return of Depression Economics,” “The Great Unraveling,” "Arguing With Zombies," + more. Jul. 13, 2020 1 min read + Your Authors

Aside from the capital gains tax break — included, I guess, to remind plutocrats that Trump is their friend — everything here is about pushing people back to work, which might make some sense if we had beaten the virus 1/

But the reality is that we wasted the results of the lockdown, which means we need to do it all over again 2/

Here's where we are now: right back where we were in March 3/

Oh, and a crucial part of the safety net — expanded unemployment benefits — will go away in TWELVE DAYS 4/

You can follow @paulkrugman.


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