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Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out

paul krugman

Summary List Placement

  • Paul Krugman expects the US economic recovery from the pandemic to be “much faster and continue much longer than many people expect,” he said in a recent New York Times column.
  • The Nobel Prize-winning economist predicts mass vaccination, pent-up demand, greater household savings, technological progress, and the Biden administration’s backing to fuel a jobs boom.
  • Americans grew their personal savings by 173% year-on-year between March and November last year, as disposable incomes ballooned by $1 trillion and household spending tumbled by $535 billion, a New York Times analysis shows.
  • “I’m in the camp that expects rapid growth once details ⇒

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