you are goingman, to be sticking with us for the next, we will be talking about the new biden administrationicies it should pursue and what you would advise the president-elect to do. we will talk about that next. this is bloomberg. ♪ ♪ joe: president-elect joe biden on tuesday announcing that he test one of the challenges of recoverydency, keeping from the coronavirus on track. let's bring back economist paul krugman. in the wake of the financial crisis, you were merciless against the people who like to stroke their chin and talk about reform in long-term deficit reduction. it seems like they are much quieter these days. do you think there has been significant intellectual evolution the last 10 years about appropriate policies needed to get us out of a slump? paul: oh, yeah, there has been a huge ground shifting, it is a paradigm shift, something like that. you have ultra-respectable sayinglike larry summers debt is not to be worried about. that is very much reflected in the biden economic team. l for dogsed one plura is-- doves is a bevy so this is biden's bevy of deficit doves. fiscaling