a-b-2
@a-b-2.bsky.social
Celtics fan, Neuroscientist, Programmer, here for Finance/Economics
Reposted by a-b-2
Making it illegal to build new homes for yuppies does not keep older homes affordable. Rich people just buy the old homes and build luxurious new homes inside their walls, which drives up the price of housing.
I understand that this is unsatisfying to people who want housing for the neediest first.
I understand that this is unsatisfying to people who want housing for the neediest first.
I would be very pleased if we could find a way to build brand new 30 year old houses. Unfortunately that is impossible; so the next best thing is to allow rich people to take the depreciation hit on new homes so they don’t buy existing cheaper homes and gut renovate them into new luxury housing.
August 19, 2025 at 3:51 PM
Making it illegal to build new homes for yuppies does not keep older homes affordable. Rich people just buy the old homes and build luxurious new homes inside their walls, which drives up the price of housing.
I understand that this is unsatisfying to people who want housing for the neediest first.
I understand that this is unsatisfying to people who want housing for the neediest first.
Reposted by a-b-2
Blackrock owns zero, Blackstone owns little
August 18, 2025 at 12:56 PM
Blackrock owns zero, Blackstone owns little
Reposted by a-b-2
Guy who hates accurate job counts also hates accurate vote counts
(NBC News) - President Donald Trump's pick to run the Bureau of Labor Statistics was among the crowd outside the Capitol on Jan. 6, 2021, with the White House saying he was a "bystander" who wandered over after seeing coverage on the news.
@ryanjreilly.com
www.nbcnews.com/politics/jus...
@ryanjreilly.com
www.nbcnews.com/politics/jus...
August 14, 2025 at 1:03 AM
Guy who hates accurate job counts also hates accurate vote counts
Reposted by a-b-2
(NBC News) - President Donald Trump's pick to run the Bureau of Labor Statistics was among the crowd outside the Capitol on Jan. 6, 2021, with the White House saying he was a "bystander" who wandered over after seeing coverage on the news.
@ryanjreilly.com
www.nbcnews.com/politics/jus...
@ryanjreilly.com
www.nbcnews.com/politics/jus...
August 14, 2025 at 12:15 AM
(NBC News) - President Donald Trump's pick to run the Bureau of Labor Statistics was among the crowd outside the Capitol on Jan. 6, 2021, with the White House saying he was a "bystander" who wandered over after seeing coverage on the news.
@ryanjreilly.com
www.nbcnews.com/politics/jus...
@ryanjreilly.com
www.nbcnews.com/politics/jus...
Reposted by a-b-2
The monthly BLS employment report will be rebranded The Project 2025 Jobs Celebration For Patriots
August 12, 2025 at 1:48 AM
The monthly BLS employment report will be rebranded The Project 2025 Jobs Celebration For Patriots
Reposted by a-b-2
“Not guilty b/c crime is no longer illegal”
NEW: Court overseeing USA v. Do Kwon says he may change plea tomorrow storage.courtlistener.com/recap/gov.us...
storage.courtlistener.com
August 11, 2025 at 7:43 PM
“Not guilty b/c crime is no longer illegal”
Reposted by a-b-2
Between the spring of 2006 and the end of 2007, there was a substantial increase in the unemployment rate for young college graduates.
The cause, of course, was a big advance in artificial intelligence technology.
The cause, of course, was a big advance in artificial intelligence technology.
August 11, 2025 at 7:33 PM
Between the spring of 2006 and the end of 2007, there was a substantial increase in the unemployment rate for young college graduates.
The cause, of course, was a big advance in artificial intelligence technology.
The cause, of course, was a big advance in artificial intelligence technology.
Reposted by a-b-2
We should defund private equity and REITs by building so much housing that their portfolios stop appreciating.
August 10, 2025 at 11:33 PM
We should defund private equity and REITs by building so much housing that their portfolios stop appreciating.
Reposted by a-b-2
We’re not sure who needs to hear this, but ‘blueberry’ has two b’s.
August 8, 2025 at 8:38 PM
We’re not sure who needs to hear this, but ‘blueberry’ has two b’s.
Reposted by a-b-2
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.
August 2, 2025 at 2:18 AM
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.
Reposted by a-b-2
CORRECTION: 2m net revision was NOT -11k
it was -258k. Holy smokes.
it was -258k. Holy smokes.
August 1, 2025 at 12:30 PM
CORRECTION: 2m net revision was NOT -11k
it was -258k. Holy smokes.
it was -258k. Holy smokes.
Reposted by a-b-2
watching you dildo brain cock suckers play w/ AI shit is like watching a dog paw at one of those puzzle boxes that you put treats inside of
July 31, 2025 at 2:11 AM
watching you dildo brain cock suckers play w/ AI shit is like watching a dog paw at one of those puzzle boxes that you put treats inside of
Reposted by a-b-2
Reposted by a-b-2
[VICTORY ALERT] AB 130, which creates a broad CEQA exemption for infill housing projects, has been signed by Governor Newsom. Because it is part of the budget, it is effective immediately.
July 1, 2025 at 2:20 AM
[VICTORY ALERT] AB 130, which creates a broad CEQA exemption for infill housing projects, has been signed by Governor Newsom. Because it is part of the budget, it is effective immediately.
Reposted by a-b-2
I understand the gerontocracy has a stranglehold on American politics, but it's wild that we're cutting Medicaid in part so we can give seniors a $6000 tax deduction just for being seniors and there's ~zero negative coverage of the issue
June 29, 2025 at 4:09 AM
I understand the gerontocracy has a stranglehold on American politics, but it's wild that we're cutting Medicaid in part so we can give seniors a $6000 tax deduction just for being seniors and there's ~zero negative coverage of the issue
Reposted by a-b-2
The acceleration in jobless claims is small potatoes so far, but I'm nervous that this is just the 1st inning of a more substantial and possibly disorderly cooling in labor markets.
Link: macromostly.substack.com/p/high-frequ...
Link: macromostly.substack.com/p/high-frequ...
High Frequency Labor Market Indicators (6/12)
Crunch! Labor Market Cracks Get Wider
macromostly.substack.com
June 12, 2025 at 5:49 PM
The acceleration in jobless claims is small potatoes so far, but I'm nervous that this is just the 1st inning of a more substantial and possibly disorderly cooling in labor markets.
Link: macromostly.substack.com/p/high-frequ...
Link: macromostly.substack.com/p/high-frequ...
Reposted by a-b-2
Reposted by a-b-2
Something that people need to understand is that Good Policies that lead to Bad Outcomes are actually Bad Policies
Just as a reminder that California has ~5x the homeless rate as Texas, 2x the housing costs, and ~1/3rd the new home permitting rate (aka regulations)
June 2, 2025 at 2:25 AM
Something that people need to understand is that Good Policies that lead to Bad Outcomes are actually Bad Policies
Reposted by a-b-2
I kinda feel like we need to retire the concept of "gentrification" because it's become absolutely meaningless. We should focus on measurable concepts like price increases and displacement. What is gained by arguing about the authenticity of some coffee shop?
If we're using the word "gentrification" to describe St. Marks Place, then the word has lost all meaning and now mostly means "people I don't like enjoying things I don't understand."
A very weird piece that features someone complaining about gentrifiers gentrifying St. Marks Place in 2025 as if Jonathan Larson hadn't written a Pulitzer Prize-winning musical about that very topic over 30 years or a Gap hadn't opened there in 1988. What even is going on with TikTok?
May 30, 2025 at 7:22 PM
I kinda feel like we need to retire the concept of "gentrification" because it's become absolutely meaningless. We should focus on measurable concepts like price increases and displacement. What is gained by arguing about the authenticity of some coffee shop?
Reposted by a-b-2
Opinion | Dems lost the election because they didn’t legalize heroin, and heroin is what young people want.
By Mark Cuban
By Mark Cuban
May 26, 2025 at 2:04 AM
Opinion | Dems lost the election because they didn’t legalize heroin, and heroin is what young people want.
By Mark Cuban
By Mark Cuban
Reposted by a-b-2
Just finished "Abundance" and that fact that any of it is controversial just illustrates how hosed the Democratic Party is. Building more homes, generating more clean energy and developing a mass transit network is the easiest and most obvious thing that blue states ought to be doing right now.
May 24, 2025 at 7:51 PM
Just finished "Abundance" and that fact that any of it is controversial just illustrates how hosed the Democratic Party is. Building more homes, generating more clean energy and developing a mass transit network is the easiest and most obvious thing that blue states ought to be doing right now.
Reposted by a-b-2
engaging with left-NIMBYs is like talking to a brick wall
I dont share your unswerving faith in the Almighty Magical Market.
I can only speak to what I see in Boston. Luxury condos galore and rents and house prices are through the roof in the whole metro area
I can only speak to what I see in Boston. Luxury condos galore and rents and house prices are through the roof in the whole metro area
May 21, 2025 at 6:19 PM
engaging with left-NIMBYs is like talking to a brick wall
Reposted by a-b-2
Big, beautiful bill
a toucan is sitting on a tree branch with a make gifs at gifsoup.com button
ALT: a toucan is sitting on a tree branch with a make gifs at gifsoup.com button
media.tenor.com
May 21, 2025 at 5:52 PM
Big, beautiful bill
Reposted by a-b-2
A city council member in the wealthy City of Encinitas is calling for armed insurrection against democracy because the state is making it harder for local governments to maintain segregation and an immense housing crisis. Treasonous, murderous, and the shadow of the slavers of the Confederacy.
May 17, 2025 at 4:41 PM
A city council member in the wealthy City of Encinitas is calling for armed insurrection against democracy because the state is making it harder for local governments to maintain segregation and an immense housing crisis. Treasonous, murderous, and the shadow of the slavers of the Confederacy.