I can’t believe we have to just watch the dumbest people on the planet figure out in real time why diplomacy exists
Remember: the current US Secretary of Defense is just a FOX talking head. Do not expect actual strategy.
www.independent.co.uk/news/world/a...
This might be the greatest split-screen ever broadcast.
They’ll play this in museums in future.
(🎥 LCI 🇫🇷)
Source: Monthly Treasure Statement.
In February the US spent more on interest out the debt than on Medicare or national defense. This will get worse.
#EconSky
Congress will not act unless voters insist.
Alexa, what do you think of this observation?
Rand Paul embraced the devil and now he whines when devilish consequences ensue. What is he doing to preclude future devilry?
#DisempowerTheExecutive
As I watch the bombs fall abroad and the masked thugs on America's streets, I feel disinclined to enlarge federal ability to tax.
#EconSky
#EconSky
#BureauofLaborStatistics: Total nonfarm payroll #employment edged down by 92,000 in February, and the #Unemployment rate
(edged up to) 4.4 percent.
Edged. #Trump #DonaldTrump #TACO #TrumpAlwaysChickensOut #TrumpTariffs #Economy #Tariffs #Inflation #FuckingMoron
www.bls.gov/news.release...
If you took $1 billion and gave it to the endowment of a different small college each day, they could each provide a free college education to several hundred students per year in perpetuity. Instead we are using that money to bomb schools and kill students in Iran, for no clearly stated purpose.
Oil prices surging again today, WTI crude oil up $4.75/bbl another 7%, with RBOB gasoline up 5.2%, national average likely now to head closer to $3.30/gal and beyond over next few weeks
#EconSky
Will the most servile law firms finally regret their obeissance?
#EconSky
(Updated.)
This is not just cosplay because ...
#EconSky
Just a reminder: Bitcoin fundamentals price it at zero.
Only speculative and criminal uses are sustaining it.
Huiyu Li, Julien Sauvagnat, & Tom Schmitz show that the main driver of the work-from-home wage premium is selection. More productive workers with better negotiation skills are more able to get both higher wages and the right to work from home more often.
cepr.org/voxeu/column...
#EconSky
I'm surprised by even this modicum of independence, but I'm celebrating.
apnews.com/live/supreme...
JUST IN: Judge Provinzino in Minnesota has held a Justice Department attorney in civil contempt for violations of her order requiring the return of a released ICE detainee’s ID documents. He must pay $500 a day until the documents are returned.
Maybe turn to someone else in order to understand a paper written by actual economists?
www.vox.com/2020/5/8/212...
Only reality TV matters in Trumpland. Not reality.
Seeing an amazing emergent behavior where a document review agent finds internal wiki pages about the struggles of getting LLMs to understand our esoteric internal systems. The agent then decides its won’t be able to do the current task and aborts with a depressive note about its incompetence.
Censorship from the top can be fought on the Internet.
I worry more about the gap.
Profitable corporations employ people. Unprofitable corporations go bust and leave their workers without jobs. The statutory federal tax rate on corporate profits is 21%. These profits are again taxed as income when distributed as dividends or realized as capital gains.
i know they are going to be our overlords soon etc but why are Claude's business mistakes SOO CUTE? don't send ur money to a venmo u hallucinated, you sweet silly baby!! www.newyorker.com/magazine/202...
#EconSky
Your occasional reminder of the magnitude of the US fiscal deficits. (Source: Monthly Treasury Statement)
