genevieve caruncho-simpson

Several of my sources say they will never go back to the federal government -- at least, not under this admin -- after being terminated for no reason. Other sources still in the admin are thinking daily about leaving because morale is so low.

KHOSLA: “.. This isn’t your usual bubble mania. Most valuations are bonkers ..

“.. capital concentration is extreme. .. there will only be a few winners.” 👀

@theinformation.com
www.theinformation.com/articles/ai-...

When stocks at all-time highs aren’t enough. 😞

(via RenMac)

“.. democracy often erodes slowly at first .. But with each concession, autocrats become bolder.. and reversal becomes harder. Responses that, early on, can feel pragmatic—waiting it out, remaining silent, cutting a deal—only embolden ..”

@dziblatt.bsky.social
www.foreignaffairs.com/germany/hitl...

There aren't many stories that prompt gasps at our editors' daily budget meeting. But this was one.

Gov. Shapiro says Pennsylvania "got screwed" in the reconciliation bill signed into law. • Pennsylvania Capital-Star Gov. Josh Shapiro is criticizing Pennsylvania Republicans who voted in favor of the reconciliation bill signed into law late last week by President Donald Trump, saying the commonwealth “got screwed.”

Gov. Shapiro says Pennsylvania “got screwed” in the reconciliation bill signed into law. penncapital-star.com/briefs/gov-s...

Rural hospitals brace for financial hits or even closure under Republicans' $1 trillion Medicaid cut States and rural health advocacy groups are sounding the alarm that Congress’ slashing of Medicaid will devastate already financially fragile rural hospitals.

Republican bill slashing Medicaid could cause rural hospitals across the US to close | AP News apnews.com/article/medi...

The Texas Floods Were Made Worse by Climate Denialism Elected officials must be held accountable, now and in the future, for the lives lost in disasters brought on by increasingly extreme weather.

BLOOMBERG: ".. Not every life can be spared from climate change, unfortunately, but many more could be saved if elected officials stopped pretending that they’re powerless to do anything about it."

@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...

London IPO fundraising falls to 30-year low Companies raise just £160mn in first half amid growing fears over waning attractiveness of UK markets

London IPO fundraising falls to 30-year low https://on.ft.com/4nMgf2W

Black women’s unemployment is rising. Economists say it’s a warning sign. New data released Thursday from the Bureau of Labor Statistics marked the third straight month of high unemployment rates for Black women.

Good morning, it's Jobs Day. Reports today will likely focus on the modest job growth we saw in June and a fairly low unemployment rate.

But I want to once again *turn your attention to Black women,* where the story is very different.
19thnews.org/2025/07/blac...

The pain of Election Day was not knowing how bad it could get. The fury of today is knowing how bad it will get.

Big Bill not popular

A $1 Trillion Medicaid Cut Is THIS Close to Happening. Here’s What It’d Look Like. Republicans are about to slash a lifeline for the needy. In North Carolina, people are preparing for chaos and calamity.

A $1 Trillion Medicaid Cut Is THIS Close to Happening. Here’s What It’d Look Like. www.thebulwark.com/p/medicaid-c...

Interesting peek into how tariffs may shorten the lifespan of Social Security — by requiring higher cost-of-living adjustments and suppressing the number of jobs/workers who pay into the fund.

(A lower birth rate doesn’t help.)

@nytimes.com
www.nytimes.com/2025/06/18/b...

And as we saw yesterday, the health care industry is starting to awaken and mobilize against these massive Republican cuts to Medicaid.

The hospital industry, in particular...they have a lot to lose.
bsky.app/profile/aske...

Everything that is happening and will happen with Iran is a direct consequence of Trump’s first-term decision to shit on American diplomatic credibility by impulsively shredding a hard-won nuclear agreement.

Georgia’s Much Vaunted Medicaid Waiver “Pathways to Coverage” Has Turned Into “Pathways to Profit” for Consultants As of June 2024, a paltry 4,231 Georgians were enrolled in Georgia’s section 1115 Medicaid waiver, according to reports from the state recently posted by federal CMS. Data from the newly released r…

Senate adds $100 million for states to hire contractors like Deloitte to construct systems of red tape that cause people to lose Medicaid for total of $200m.

My blog last fall about Georgia's work requirement re the waste of taxpayer $ to keep people uninsured.

ccf.georgetown.edu/2024/10/30/g...

Advocacy Action Center The Planetary Society is organizing a new space constituency that is educated, empowered, and loud.

Please sign this petition to keep space science in the US from being utterly destroyed.

The petition is open to anyone, worldwide. This affects everyone.

www.planetary.org/advocacy-act...

NSF, NASA and NIH budgets per year, inflation adjusted from 2000-2025 along with the proposed cuts. NSF includes research component only. Massive cuts across all sectors, well below support spanning 25 years.

How bad will it be? Catastrophic.

Proposed cuts to #NSF, #NIH, and #NASA will set the US R&D landscape back 25 yrs+, cause economic and job loss now, and undermine innovations to come.

But, this is the WH's *proposed* budget.

Speak up now before it is too late.

(inflation adjusted $-s below)

"Loss of community health center sites was associated with an increase in age-adjusted all-cause mortality of 3.54 deaths per 100,000 population in the year following the loss. The largest increase was observed for cancer mortality."

onlinelibrary.wiley.com/doi/abs/10.1...

Community health centers are reliant on Medicaid dollars and proposed cuts represent an existential threat to them — according to the National Association of CHCs, "Medicaid covers 50% of CHC patients and accounts for 42% of revenues."

www.nachc.org/medicaid-at-...

CITI: “.. As the full effects of the tariffs come online—likely over the next few months—demand could face a double blow. The tariffs could reduce real purchasing power, and in addition, front-
loaded purchases will be ‘paid back.’”

If lawfully present immigrants are cut out of 1331 Basic Health Plan eligibility, we’re not just undermining coverage, we’re risking the health and stability of a workforce essential to our farms and food systems. (2/2)

For those of us in WA State and other agri states, this matters. We talk a lot about food security, especially during the pandemic, but rarely connect it to policy choices that impact the workers who keep our food supply running. (1/2)

The GOP's "Big, Beautiful Bill" From Hell

"It's a great day to be an American," says Speaker Mike Johnson after Republicans in the House voted to gut Medicaid, SNAP, and Obamacare to pay for tax cuts for the rich.

I talk to @piperformissouri.bsky.social.

open.substack.com/pub/thelefth...

A picture of Mike Johnson smirking

The grin of a man who just helped take health insurance away from 10 million people, minimum, and slashed more than $1 trillion from Medicaid and the ACA.

NEW: Under Trump, the National Science Foundation is awarding grants at the slowest pace in decades. We took a detailed look at every area of science affected by the funding lag. Here's a gift link: www.nytimes.com/interactive/...

The House just passed a version of their budget that contains even more draconian cuts to health care than previous versions.

The cuts to Medicaid and the ACA will now be well over $1 trillion, the bill still triggers $500 billion in Medicare cuts, and likely kicks 10-12 million off insurance.