This is because I was briefly in Vienna yesterday.

How the Trump coalition beyond MAGA is splintering in the face of actually existing Trumpianism—is featured in today’s Chartbook Top Link. Click the link in the comment to visit.

There has been a lot of these rapid reversals. It would be cool to see a chart on how this is all shaking out.

Trump's full frontal assaults on the PMC should be an opening for the left to point out the shared issues with the working class and build a coalition of opposition. Should.

I feel like we just started this experimental operation. The outcome of it and what this means for the patent are very much up in the air.

Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2

Yale Budget Lab analysis of tariffs: $3,800 hit to average household. Loss of 4% of after-tax income to poorest households; 1.5% to richest.

budgetlab.yale.edu/research/whe...

Glad I got to see the African American Museum last week before the literal whitewashing.

Line graph showing the total number of U.S. patents issued to U.S. inventors from 1926 to 2015. Blue vertical bars represent the total number of patents, with orange bars showing the subset of patents relying on federal research funding. A black line tracks the percentage of patents dependent on federal funding, rising from near 0% in the 1920s to around 30% by 2015. The graph demonstrates a steady increase in both total patents and the proportion of federally supported patents over time, with the total patent count growing from around 20-40 thousand in the early years to over 140 thousand by 2015.

Nearly a third of U.S. patents rely directly on federal government supported research, and most of those patents are by corporations.

h/t @jossfong.bsky.social

par.nsf.gov/servlets/pur...

This continues to be the biggest story in the country: DOGE has already squandered half a trillion dollars in 6 weeks. Not billion. half a trillion, $500 billion talkingpointsmemo.com/edblog/irs-p...

Your regular reminder that no tax cut in the history of tax cuts has ever paid for itself.

Resort development as foreign policy

The White House war on federal statistics Economists and scientists worry over disappearing data and advisory groups

Good to see the FT editorial draw attention to this less well known casualty of the US regime - official statistics
on.ft.com/43Tejhn

Perhaps, but today it means neoliberalism - individual rights, a state that pursues markets over social programs, free trade,... It is not radical or even progressive but conservative.

LOL. Idiot, huh. There is nothing post 1.0 that beats 1.0. Every phan knows this.

So it is still liberals vs the left?

What the actual fuck are you talking about?

Crime rates are down across the US, not just NYC. I think you have newer data for NYC than other communities.

This is before the recent market tank and exposing of DOGE shenanigans.

What a fucking liar.

They do now!

If by globalists you mean globally connected firms and economic actors, yes. We live in a global economy.

The COVID caused wage growth has all but disappeared in the US.

Voters Were Right About the Economy. The Data Was Wrong. Here’s why unemployment is higher, wages are lower and growth less robust than government statistics suggest.

"Our alternative indicator reveals that, since 2001, the cost of living for Americans with modest incomes has risen 35 percent faster than the CPI.... When our more targeted measure of inflation shows purchasing power fell at the median by 4.3 percent in 2023."

😢