Martha Gimbel

@marthagimbel.bsky.social

Sometimes Econ, sometimes rants, sometimes both. Current Budget Lab at Yale, former CEA, JEC, DOL, SF, Indeed.

elmo from sesame street is standing in front of a wall of fire .

ALT: elmo from sesame street is standing in front of a wall of fire .

media.tenor.com

Ben Casselman@bencasselman.bsky.social · 10mo ago

3. "Fine, we'll just rely on private data." (This one is @marthagimbel.bsky.social bait) There is lots of private data out there, and we'll be leaning on it heavily during a shutdown. But hardly anyone who has looked closely at these data thinks they can come close to replacing government sources.

Scratching my head at the CEA estimate that their economic plan will lower debt/GDP by at least 3pp in FY 2025. There are only 3 months left in FY 2025. And tariff revenue < 0.5% of GDP. So would need about 12% annualized GDP growth in Q3 to hit this target.

Bild