๐ฎโ๐จ๐ค๐ผ
08.10.2025 03:46 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0@jc-econ.bsky.social
Founder MPP (yeah you know me), UT Austin Prof, former chief economist various financial firms, Fed economist, Prez NABE. Passionate about family, macro, cats and freedom
๐ฎโ๐จ๐ค๐ผ
08.10.2025 03:46 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0๐๐ผ for Dolly โค๏ธ
08.10.2025 03:33 โ ๐ 9 ๐ 0 ๐ฌ 3 ๐ 0Growth in H1
07.10.2025 20:54 โ ๐ 2 ๐ 0 ๐ฌ 0 ๐ 0at this point you have to acknowledge that there is no way that these guys don't try to mess with the 2026 midterms. there is absolutely no respect for the legitimacy of the opposition
07.10.2025 00:41 โ ๐ 3871 ๐ 993 ๐ฌ 119 ๐ 47Congratulations on all of it!
06.10.2025 02:43 โ ๐ 6 ๐ 0 ๐ฌ 0 ๐ 0Projection is always the strategy ๐
06.10.2025 02:23 โ ๐ 6 ๐ 0 ๐ฌ 0 ๐ 0These are Maine Coons
05.10.2025 13:38 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0People are talking about the choice of Bad Bunny for the Super Bowl halftime show as an appeal to an international audience but hereโs some dataโhis 2022 tour was the highest grossing tour in *North America*, Latinos are 20% of the US population, Benito is an American and Latin music is just good
05.10.2025 00:51 โ ๐ 29 ๐ 6 ๐ฌ 0 ๐ 1May you find all the audacity and resolve of a 10lb kittenโฆand happy #Caturday
04.10.2025 14:40 โ ๐ 66 ๐ 4 ๐ฌ 3 ๐ 0*SUPREME COURT REFUSES TO LET TRUMP IMMEDIATELY OUST FED'S COOK
01.10.2025 14:58 โ ๐ 17 ๐ 5 ๐ฌ 0 ๐ 0Whelp! ADP did a preliminary benchmark to the QCEW and we are already seeing private job losses in August & September...
01.10.2025 12:27 โ ๐ 43 ๐ 20 ๐ฌ 2 ๐ 1The Damage Done: @marianneguenot.bsky.social tells the story of clinical trials derailed by the administration's reckless science policy, across kidney disease, HIV, Alzheimer's disease, and cancer. Years of work and money thrown away, at times just short of a cure.
www.nature.com/articles/s41...
the graph shows that white men are a third of the labor market in 2024, down from more than 60% in the 1950s
This fever dream against diversity is just wildly at odds with the reality of the modern US labor market that all employers, including the military must compete for talent in
30.09.2025 15:18 โ ๐ 22 ๐ 6 ๐ฌ 2 ๐ 1Todays data suggest the labor market is cooling pretty rapidly despite low layoffs and unemployment. The hiring rate hit a new cycle low alongside a decline in quits suggesting it is weak demand rather than limited supply and consumers are reporting a lack of job opportunities
30.09.2025 14:49 โ ๐ 51 ๐ 12 ๐ฌ 2 ๐ 0DOGE is about stealing data not efficiency:
"DOGE operatives could edit and delete data in this system and potentially share it with private entities or foreign actors"
So grateful to investigative journalists like @makenakelly.bsky.social & @telliotter.bsky.social
Tax cuts, AI + some reduction in interest rates may be enough to offset the fistfuls of policy sand being lobbed into the gears of the US economy, but 2/3 of growth comes from consumers, & with companies relying on reduced hiring to protect their margins the engine of hiring /spending is at risk
24.09.2025 15:16 โ ๐ 26 ๐ 6 ๐ฌ 0 ๐ 0More trouble lies ahead on the US job front - FT column here from the always excellent @jc-econ.bsky.social. The Fed is right to worry about what is happening in employment www.ft.com/content/091c...
24.09.2025 13:24 โ ๐ 12 ๐ 5 ๐ฌ 2 ๐ 2I never advocated for staying in permanent crisis or not making necessary policy adjustments, but the way you do it matters and involves coalition building, strategy and sometimes patience. Competence and experience are helpful in this regard. Same goes for the US
23.09.2025 18:11 โ ๐ 4 ๐ 0 ๐ฌ 1 ๐ 0The job of an elected official is to govern, especially through difficult transitions. It doesn't matter if you have good ideas if you can't execute. This isn't a journal article with elegant math, it is the art of policy making
23.09.2025 17:52 โ ๐ 7 ๐ 0 ๐ฌ 1 ๐ 0And yet guess who the real culprit of our loss of freedoms and economic dynamism is?
22.09.2025 21:03 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0#BREAKING: Over dissents from Justices Sotomayor, Kagan & Jackson, #SCOTUS grants a stay in the Slaughter case (allowing President Trump to remove the last Dem member of the FTC), *and* grants certiorari "before judgment" to decide whether to formally overrule its 1935 ruling in Humphrey's Executor.
22.09.2025 19:15 โ ๐ 2776 ๐ 1152 ๐ฌ 292 ๐ 390The man who gifted Musk his infamous chainsaw is now begging the US for a bailoutโฆ
22.09.2025 16:05 โ ๐ 50 ๐ 12 ๐ฌ 2 ๐ 2More pro growth policies!
*TRUMP EXPECTED TO ADD NEW $100,000 FEE FOR H-1B VISAS
@chrisrugaber.bsky.social asked a good Q in yesterday's Fed press conference--could tariffs be reducing labor demand as companies unable to pass them along thru higher prices to cautious consumers protect margins instead by reducing hiring & labor costs. That seems to be just what CEOs are reporting
18.09.2025 17:30 โ ๐ 85 ๐ 33 ๐ฌ 6 ๐ 4May you live in placid times
--JPow, 2025
JPow: We live life looking thru the windshield not the review mirror Fox boy
17.09.2025 18:58 โ ๐ 18 ๐ 1 ๐ฌ 0 ๐ 0Views are mixed on what the FOMC's 2025 dot plot will show
The Fed is widely expected to lower rates 25bps today. Much less clear is what the 2025 and 2026 dot plot distribution will show. Our survey of market participants last week revealed views are very mixed on the outlook for future cuts. @jc-econ.bsky.social @laurarosner.bsky.social
17.09.2025 16:48 โ ๐ 3 ๐ 1 ๐ฌ 1 ๐ 0The importance of setting up the right incentive structures in designing policy doesn't get the attention it deserves--set up bad incentives, get bad results
17.09.2025 13:03 โ ๐ 62 ๐ 10 ๐ฌ 2 ๐ 1BREAKING: The DC Circuit has *rejected* Trump's bid to fire Lisa Cook from the Fed board, allowing her to participate in tomorrow's interest-rate setting meeting.
Trump's last hope is a quick stay from SCOTUS. storage.courtlistener.com/recap/gov.us...
Inside the Fed, there is a preoccupation with doing whatever possible to avoid provoking Trump, which at times has meant complying with his wishes. That cautious approach is drawing scrutiny as its independence comes under threat
www.nytimes.com/2025/09/15/b... @nytimes.com @bencasselman.bsky.social