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Mike Konczal

@mtkonczal.bsky.social

Econ person. Director of Policy and Research, @economicsecurityproject.org. Former NEC. #Rstats, dad, Chicago Guy. https://mikekonczal.substack.com/

9,755 Followers  |  295 Following  |  286 Posts  |  Joined: 26.05.2023  |  2.2302

Latest posts by mtkonczal.bsky.social on Bluesky

As someone with a bit of personal experience in what infertility does to couples, I always thought this was one of the more despicable empty promises of this campaign and that everyone who participated in this scam deserves to have very bad things happen to them.

03.08.2025 16:25 β€” πŸ‘ 167    πŸ” 33    πŸ’¬ 3    πŸ“Œ 2
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I'll be on @cspanwj.bsky.social tomorrow morning, 8am ET, with E.J. Antoni of the Heritage Foundation, discussing the past week in data collection news.

I'm very excited to see how this goes. Any thoughts on what to emphasize?

03.08.2025 16:11 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 3    πŸ“Œ 0

It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.

02.08.2025 02:18 β€” πŸ‘ 21833    πŸ” 4394    πŸ’¬ 1188    πŸ“Œ 264

Key point: Friday's "disappointing" jobs report was not some outlier, much less a statistical blunder. It meshes reasonably well with the other data out there.

02.08.2025 20:45 β€” πŸ‘ 162    πŸ” 39    πŸ’¬ 7    πŸ“Œ 1
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The Friends of #BLS protest the firing of BLS Commissioner Erika McEntarfer.

The rationale for firing her is without merit and undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families, and policymakers.

02.08.2025 00:08 β€” πŸ‘ 189    πŸ” 93    πŸ’¬ 8    πŸ“Œ 8
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Dr. Erika McEntarfer has devoted her career to public service. She has conducted herself as BLS Commissioner with great integrity. There is no evidence whatsoever that BLS data are politically biased.

#econsky

01.08.2025 19:37 β€” πŸ‘ 1043    πŸ” 323    πŸ’¬ 36    πŸ“Œ 40

Today, Trump directed his team to fire the commissioner BLS because he didn’t like the jobs numbers BLS released. This is a move straight out of an autocratic playbook. 1/

01.08.2025 20:09 β€” πŸ‘ 32    πŸ” 16    πŸ’¬ 3    πŸ“Œ 1
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Trump Administration Plans to Force Millions More Seniors and People With Disabilities to Travel to Social Security’s Overburdened Field Offices | Center on Budget and Policy Priorities The Social Security Administration (SSA) is overwhelming its local offices by forcing millions more people to seek in-person service while cutting thousands of staff who provide that help. These...

Starting in less than 3 weeks, the Trump Admin plans to force millions more seniors, people with disabilities & bereaved families to travel to local Social Security offices to receive service--even as they cut thousands of the frontline staff who provide that help. www.cbpp.org/blog/trump-a...

29.07.2025 17:33 β€” πŸ‘ 142    πŸ” 101    πŸ’¬ 3    πŸ“Œ 8
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So re: Score, Growing up near Comiskey Park, the White Sox stadium, we were all Bo Jackson fans, and looking at the Score chase card we were all obsessed with buying, it's a bit more πŸ€”πŸ€”πŸ€” than I had remembered.

29.07.2025 03:13 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

If there is a senior in your family, you have been praying for something like this.

29.07.2025 03:03 β€” πŸ‘ 38    πŸ” 7    πŸ’¬ 1    πŸ“Œ 1

Topps, Upper Deck, or Score?

29.07.2025 01:52 β€” πŸ‘ 6    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

Also I have to think of all the numbers in a row, are there actually 5?, compared to just glancing at the simple symbols, that extra work should be rewarded.

26.07.2025 03:06 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I know combinatorics, I understand the math.

But it still feels unfair to me that a flush beats a straight.

26.07.2025 02:05 β€” πŸ‘ 33    πŸ” 2    πŸ’¬ 2    πŸ“Œ 0

link?

26.07.2025 02:04 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
The Political Thought of Frederick Douglass β€” Nicholas Buccola

Honestly, the best place to start is reading Douglass' autobiographies, which are very much treatises of political philosophy. David Blight's biography is masterful, and I have really enjoyed the volume "The Political Thought of Frederick Douglass" www.nicholasbuccola.com/the-politica...

25.07.2025 19:55 β€” πŸ‘ 51    πŸ” 5    πŸ’¬ 0    πŸ“Œ 0

Anything by Douglass you'd recommend reading on the moral liberalism front?

25.07.2025 17:25 β€” πŸ‘ 13    πŸ” 0    πŸ’¬ 3    πŸ“Œ 0

This is grotesque. A civil society group effectively being destroyed utterly meritless litigation because of expression that antagonized a politically-connected billionaire. Who ludicrously claims to be a champion of free speech.

25.07.2025 17:04 β€” πŸ‘ 3080    πŸ” 1046    πŸ’¬ 11    πŸ“Œ 21

!!!

25.07.2025 15:39 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Trump: It looks like it’s about $3.1 billion

Powell: I’m not aware of that.

Trump: It just came out

Powell: You just added in a third building

Trump: It’s a building that’s being built

Powell: It was built five years ago.

24.07.2025 20:12 β€” πŸ‘ 13285    πŸ” 3639    πŸ’¬ 1267    πŸ“Œ 1091
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Chris Waller's Cuts, Declining Jobs, and the Quiet Case for Fed Independence Why Fed independence matters for communications when the economy slows.

mikekonczal.substack.com/p/chris-wall...

New post, where we discuss:
- Q2 GDP numbers coming out the morning of a big FOMC vote (!)
- remember how Marco Rubio said jobs revisions were a BLS conspiracy in 2024, even as they've gotten worse in 2025
- Kobayashi Maru Waller's case for the Fed job.

24.07.2025 20:27 β€” πŸ‘ 12    πŸ” 4    πŸ’¬ 2    πŸ“Œ 0

Shakedown politics: whether an individual shakedown is a good deal for the parties, subject to transaction costs, monitoring, and time consistency.

Politics of shakedowns: what are the political causes and consequences of the Executive shaking down pillars of civil society.

Yeah it fits ketchup.

24.07.2025 18:37 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Hatzius ⚑⚑⚑

22.07.2025 17:51 β€” πŸ‘ 17    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0

folks On Here are not going to want to hear this but the data is suggesting that the outlook is shifting towards significant economic strengthening despite uncertainty/tariff cost burdens, I think there's a real risk the Fed doesn't cut at all this year (for mostly "good" i.e. positive reasons)

17.07.2025 12:33 β€” πŸ‘ 229    πŸ” 22    πŸ’¬ 30    πŸ“Œ 25

"The conservative attempt to take over the Federal Reserve isn’t about Powell being off by one cut...They’re arguing for a Fed that does what they say, because they’re running up deficits and want someone else to take the hit."

17.07.2025 13:09 β€” πŸ‘ 100    πŸ” 21    πŸ’¬ 4    πŸ“Œ 3

❀️🫑

17.07.2025 13:55 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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The Four Data Sleights‑of‑Hand Behind Trump’s Assault on Powell What looks like a monetary policy debate is really a cover to take control of the central bank.

Mike Konczal lays out the case against Trump's attacks on Powell.

mikekonczal.substack.com/p/the-four-d...

17.07.2025 01:38 β€” πŸ‘ 274    πŸ” 109    πŸ’¬ 10    πŸ“Œ 9
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The Four Data Sleights‑of‑Hand Behind Trump’s Assault on Powell What looks like a monetary policy debate is really a cover to take control of the central bank.

New post: I dug into the empirical conservative arguments against Powell and Fed's monetary policy. They involve 4 sleights-of-hand, distractions from what's really happening.

With a full-court political assault on the Fed, it's worth understanding them.
mikekonczal.substack.com/p/the-four-d...

17.07.2025 01:35 β€” πŸ‘ 74    πŸ” 21    πŸ’¬ 4    πŸ“Œ 5
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Marc Andreessen Is a Traitor It is the tech oligarchs, not young radicals, who have turned against the system that made them.

This from @adamgurri.liberalcurrents.com is excellent. www.liberalcurrents.com/marc-andrees...

14.07.2025 16:31 β€” πŸ‘ 46    πŸ” 18    πŸ’¬ 3    πŸ“Œ 2

You can catch me, hopefully for the last time, not realizing all podcasts being on YouTube now means I should be staring intently at the camera like a short TV hit, rather than looking all around, staring at notes, etc.

11.07.2025 19:19 β€” πŸ‘ 5    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

Discussing the tax law and the question over whether or not a 24oz can of beer is a "tallboy" or not.

11.07.2025 19:18 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

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