Just listened to @aaronsojourner.org bring the A game to a marketplace story about the labor market on FM radio, wow!!
Ben Passty
@economicimpact.bsky.social
I study the economy, but I enjoy the vibe here. Posts also describe the daily lessons I learn—unintentionally—from the remarkable young humans in my house.
The Trump administration is so opposed to socialism that it has acquired — sometimes by coercion — equity stakes in 30 companies so far. www.cato.org/blog/governm...
Aaron Rupar@atrupar.com · 3d agoHassett: "After World War 2, bc we had centralized production to defeat the Nazis, there were a whole bunch of socialists in the UK and US that wanted to take over the economy bc they said, 'Look, we've already centralized production, so let's just be socialist.' That's why the CEA was created ... "
A thread on how heroes like Dr. Anthony Fauci make Trump and the Republicans look like criminals by comparison. That's why they tried to destroy his good name. That's the story.
And voila! No invisible radical leftist vandals?!!! Olympian’s charges dropped. Trump LIED so he could BLAME anyone but the real culprit — HIMSELF!
Dr. Fauci is a hero. He really is. He helped guide America thru a mass death event. Millions more could have died but they did not, thanks to him. Everyone over 70 owes him a debt. It is disgusting that we live in a country that not only dishonors him but actively smears his good name.
Wolfers: For nine out of the last 10 presidencies, if you’d said, “How much should we blame the president for what’s going on with the economy right now?” I would have said that the president is just one factor among many. That’s what I would have said nine out of 10 times. This is the 10th time.
Senate intel volume 5: “It is our conclusion…that the Russian intelligence services' assault on the integrity of the 2016 U.S. electoral process and Trump and his associates'participation…represents one of the single most grave counterintelligence threats to national security in the modern era.”
This is a terrific illustration -- for elected officials but also for media figures -- of the incredible power of simply refusing to take a bullshit dodge for an answer. Keep asking the question, over and over again, and make the weasels squirm.
Aaron Rupar@atrupar.com · 3w agoOSSOFF: Who won the 2020 election? CLAYTON: Uhm, you know, I'm not going to do this with you O: This is a job interview. You have an obligation to be honest with the committee. Who won the 2020 election? C: I'm not gonna get into that with you O: You're not being honest or forthright C: ...
Another week of high frequency data suggesting the minor labor market recovery of H1 is running out of juice... ADP job growth still positive as of late June, but not much above where breakeven probably is.
Donald Trump is set to announce Thursday in prime time that he’s the only President in US history who couldn’t keep our elections secure. If this were true it should be followed up with a resignation. He’s essentially saying he’s a victim of his own incompetence.
Some policies Trump has pursued are so socialist that they verge on things Stalin might have approved of. He is consolidating the means of production to increase prices as well as his grip on the economy. Trump is creating a cartel. And he's the boss. www.editorialboard.com/whos-the-rea...
Who's the real communist?
In fact, Trump is creating a cartel and he's the boss.
editorialboard.com
This Cannot Be What You Wanted By Tony Pentimalli You may have voted for border enforcement. You did not vote for federal agents in unmarked vehicles stopping the wrong work van, killing its driver without body camera footage,
In one breath the GOP screams and sounds the alarm about the danger of socialism coming to destroy America And in the other, use government power to take stakes in companies, pour millions of tax dollars into certain industries Socialism has been here, Repubs just don’t want you to benefit
This Is Just To Say I told you so about that thing you disagreed with me about of which irrefutable proof has now emerged Forgive me it is too delicious too sweet not to remind you that you were wrong
Don’t be disheartened America, it’s actually fine having a system that gives effectively unlimited executive power to the head of government. You just have to make sure you only ever elect good chaps to head your government! You did remember to only ever elect good chaps, right
Can we finally all agree that the argument “we should run the country like a business, and therefore elect businessmen to run it” has been a failed experiment?
recognized his “greatness.” The difference between them is the difference between service and self-worship. Because peace is quiet work. It’s restraint. It’s the pause before the provocation, the decision not to humiliate, not to retaliate, not to tweet.
They tell me I’m barking at nothing. I say there is nothing because I bark. Philosophy of a German Shepherd.
I thought Canada played well, considering it was two on one
We've been running an unprecedented natural experiment running for a decade and half. 30 states have raised their minimum wages. 20 have not. What happened to pay? What happened to jobs? The good news is that it's pretty easy to figure out now. substack.com/home/post/p-...
A Minimum Wage Natural Experiment Has Been Running for Over a Decade
When 30 States Raised Minimum Wages, What Happened to Pay and Jobs?
substack.com
Hi! I'm Bret Rhett Chet, here to tell you why you should buy and hodl SpaceX stonk. For a mere $135/share, you get pro forma tangible book value of $7.85/share, an immediate 94% dilution. New investors are putting up 48% of all capital ever invested in SpaceX in exchange for 4.2% of the shares. /1
Happy Tuesday! Who's ready to hear about 1. Flesh-eating maggots (mostly go after cattle) 2. They're native to the US 3. The USDA has kept them out of the US since the 1960s 4. But the flesh-eating maggots are making a 21st century comeback. And believe it or not it may be thanks to MAGA.
I know I'm a broken record, but Trump *not* releasing his taxes as he promised and the IRS *not* auditing his taxes every year and releasing the results like they have for every goddamn president for forty years is the actual scandal. This won't outlast his term and should be fought right now
Reuters Legal@legal.reuters.com · 2mo agoThe U.S. Justice Department's agreement with President Donald Trump to bar future audits into his or his family's past tax records will remain in place even as his weaponization fund has been put on hold, two sources familiar with the matter said on Tuesday.