Steve Roth

share.google/aimode/sZxjB...

Ah, I see. I thought it was just referring to FT article in the post I’m replying to. Thx.

Plus a great rundown from Joey here. (One edit: “the vast majority of computer fixed investment *spending goes to and drives production in other countries*).

www.apricitas.io/p/americas-1...

The deeper problem is insane concentration of wealth (hence power). It’s The Great Satan.

👍👍👍

For those who have and want to keep their Ring...

Yet another paper showing that wealth concentration, inequality, strangles economic growth.

www.sciencedirect.com/science/arti...

Coffee is the only thing we know of that has solid evidence showing it delays onset of Parkinson’s. Exercise, maybe, but it’s v hard to distinguish between its amelioration of symptoms and delay of onset.

Is this the same as the treasury‘s Fed account?

At least for me: the people and groups that are close or adjacent have little or no relationship to my interests and post subjects.

Thanks.

Makes me crazy that economists (are required to?) bury their chart labels in verbose text notes. Intentionally making their work more impenetrable.

Curious where you get data on how many “plays” there were. Thanks.

I’m totally uninformed on this. Printed date is definitely suspicious. Do we know whether it was released on the ninth?

Sorry! I didn’t understand properly what you meant by that. Sheesh.

Seems v optimistic. Wouldn't a 5% to 6.5% swing be more likely given Downballot's tally? docs.google.com/spreadsheets...

This is true for many people but not nearly all.

But sure, they could definitely send you the first draft which you could sign and send if you have no changes.

lol should get a huge turnout for this. 150 followers!

The eternal battle (including during the Constitutional convention) between those who actually cherish and champion the moral principles enunciated in the Declaration as "self-evident," and those who simply…don't.

‘Anti-Trump activist’: Conservative groups rip former Romney adviser’s attempt to influence MAGA agenda A prominent economist trying to influence the incoming Trump administration is facing criticism from conservative groups over his organization's liberal donors.

Cass has avoided full-throated Never-Trumperism, but he's still been eviscerated by Radical Red Right Trumpster Republicans for inadequate goose-stepping and boot-licking. www.foxnews.com/politics/con...

Opinion | The Finance Industry Is a Grift. Let’s Start Treating It That Way.

Long-time "small government" Republican economist eviscerates Wall Street financialization. Nuts and bolts, brass tacks, and the big picture. Highly recommended. HT @deanbaker13.bsky.social

Gift link:
www.nytimes.com/2026/02/06/o...

Indeed. Or the first one anyway. It’s just stunning how many of those break points you see ~1980 across all sorts of economic indicators. Completely reverses the huge, epochal, unprecedented wealth dispersal that happened 1930s to late 70s, for instance.

Updated version of this graph, through ’23. The explanation (second graph) is just arithmetic.

Rich people sit on their wealth, like Smaug the Dragon. They don't turn it over in spending — the driving force of economic activity, production, and investment (ask any producer).

S&P was up 2.7% in Q4.

These are yery small asset classes in the household sector portfolio. The top three are equities, real estate, and (if you include these; PSZ don’t, DFAs do) pension entitlements.

Trump Says His Unpredictable Style Gives Him Leverage. But It Has a Cost.

In a game of chicken, the trick is to convince your opponent that you’ve thrown the steering wheel out the window. Not to actually throw the steering wheel out the window.

www.nytimes.com/2026/02/04/u...

He should be out there leading and constantly promoting popular demonstrations.

Again, I know everyone wants to yell at The Democrats & Chuck Schumer & Hakeem Jefferies, but there are 10-25 people in Washington who could literally end all of this tomorrow, & none of them are Democrats, & they continue to get 24/7 free passes for being absolute oath-violating cowards. Focus.

And a massive fail long-term even on pure electoralism. The Right has seized and moved the Overton Window over half a century by running extremist candidates.