Jeff Werling
@ripple79.bsky.social
Reposted by Jeff Werling
March 5, 2025 at 3:33 PM
Of course, we know the figures for Real GDP without government consumption and investment (GDPxG). It's line 11 of NIPA Table 1.17.6. Here is the growth of GDP vs. GDPxG. I don't see a very clear distinction between the growth of the two, especially over the past 8 years.
March 5, 2025 at 3:25 AM
Of course, we know the figures for Real GDP without government consumption and investment (GDPxG). It's line 11 of NIPA Table 1.17.6. Here is the growth of GDP vs. GDPxG. I don't see a very clear distinction between the growth of the two, especially over the past 8 years.
Reposted by Jeff Werling
A @nytimes.com op-ed by Ben Harris & me.
When financial markets start to worry that the bus could go careening off the side of the cliff - we will get the fiscal crisis that people have worried about for decades.
Brought on by political malpractice.
www.nytimes.com/2025/02/18/o...
When financial markets start to worry that the bus could go careening off the side of the cliff - we will get the fiscal crisis that people have worried about for decades.
Brought on by political malpractice.
www.nytimes.com/2025/02/18/o...
Opinion | How Trump Could Get Us Into a Debt Crisis (Gift Article)
A blowup won’t be sparked by government spending but instead from political malpractice.
www.nytimes.com
February 18, 2025 at 3:57 PM
A @nytimes.com op-ed by Ben Harris & me.
When financial markets start to worry that the bus could go careening off the side of the cliff - we will get the fiscal crisis that people have worried about for decades.
Brought on by political malpractice.
www.nytimes.com/2025/02/18/o...
When financial markets start to worry that the bus could go careening off the side of the cliff - we will get the fiscal crisis that people have worried about for decades.
Brought on by political malpractice.
www.nytimes.com/2025/02/18/o...
A reminder that the single largest fraudulent heist of American taxpayer funds occurred as a result of the Cares Act signed and administered by Trump in 2020.
Yet with $100s of billions to recover, Repubs covering it up by allowing SOL to expire on COVID fraud cases. thehill.com/opinion/cong...
Yet with $100s of billions to recover, Repubs covering it up by allowing SOL to expire on COVID fraud cases. thehill.com/opinion/cong...
Congress must prevent a mass-amnesty for COVID fraud
Don’t give criminals and fraudsters a “get out of jail free” card for COVID fraud.
thehill.com
February 13, 2025 at 2:55 PM
A reminder that the single largest fraudulent heist of American taxpayer funds occurred as a result of the Cares Act signed and administered by Trump in 2020.
Yet with $100s of billions to recover, Repubs covering it up by allowing SOL to expire on COVID fraud cases. thehill.com/opinion/cong...
Yet with $100s of billions to recover, Repubs covering it up by allowing SOL to expire on COVID fraud cases. thehill.com/opinion/cong...
So is this NFL ban on BSky real?
January 29, 2025 at 3:01 PM
So is this NFL ban on BSky real?
Reposted by Jeff Werling
A few thoughts on economic effects of the freeze on funds. 1) this action, even if short-lived, sows chaos and uncertainty, which is bad for the economy. 1/4
January 28, 2025 at 7:36 PM
A few thoughts on economic effects of the freeze on funds. 1) this action, even if short-lived, sows chaos and uncertainty, which is bad for the economy. 1/4
Paul Volker: “There is a prudent maxim of the economic forecaster's trade that is too often ignored: pick a number or pick a date, but never both.” (Changing Fortunes: The World's Money and the Threat to American Leadership, 1993)
George Orwell: “Tell me about it.”
George Orwell: “Tell me about it.”
January 28, 2025 at 3:15 PM
Paul Volker: “There is a prudent maxim of the economic forecaster's trade that is too often ignored: pick a number or pick a date, but never both.” (Changing Fortunes: The World's Money and the Threat to American Leadership, 1993)
George Orwell: “Tell me about it.”
George Orwell: “Tell me about it.”
Not surprising, but very disturbing nonetheless. Gift Link: wapo.st/4azdaNb
Trump ousts at least 12 independent inspectors general in late-night purge
The dismissals appeared to violate federal law, which requires Congress to receive 30 days’ notice of any intent to fire a Senate-confirmed inspector general.
wapo.st
January 25, 2025 at 2:52 PM
Not surprising, but very disturbing nonetheless. Gift Link: wapo.st/4azdaNb
Trump has so far addressed two big sources of MAGA grievance: 1) the asylum seekers and refugees who come here to grow the economy and help pay for our entitlements, and 2) the government workers who not only assure that we receive those entitlements, but also those that protect and defend us.
January 24, 2025 at 2:28 PM
Trump has so far addressed two big sources of MAGA grievance: 1) the asylum seekers and refugees who come here to grow the economy and help pay for our entitlements, and 2) the government workers who not only assure that we receive those entitlements, but also those that protect and defend us.
Reposted by Jeff Werling
The American public needs thoughtful policymaking that transparently acknowledges how tax legislation affects the nation’s fiscal and economic trajectory, Adam Looney and Elena Patel argue.
How low can you go? Budget baseline games and tax policy
www.brookings.edu
January 23, 2025 at 12:52 PM
The American public needs thoughtful policymaking that transparently acknowledges how tax legislation affects the nation’s fiscal and economic trajectory, Adam Looney and Elena Patel argue.
Excellent read.
www.npr.org/sections/pla...
www.npr.org/sections/pla...
This economist survived a wildfire. Now she's taking on California's insurance crisis
An economist's harrowing escape from fire, and her big ideas to rescue California from its insurance doom spiral.
www.npr.org
January 23, 2025 at 4:37 PM
Excellent read.
www.npr.org/sections/pla...
www.npr.org/sections/pla...
Important information: www.nilc.org/resources/kn...
What to Do if You Are Arrested or Detained by Immigration
A Know Your Rights resource with general information on what to do if you are stopped, arrested, or detained by immigration or other law enforcement.
www.nilc.org
January 19, 2025 at 7:25 PM
Important information: www.nilc.org/resources/kn...
I think folks will want to look over this incredibly timely and comprehensive work on climate change and property insurance.
www.cbo.gov/publication/...
www.cbo.gov/publication/...
Climate Change, Disaster Risk, and Homeowner’s Insurance | Congressional Budget Office
Presentation by Sheila Campbell and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies Division, and David Torregrosa, an analyst in CBO’s Financial Analysis Division, at the Mortgage Bankers As...
www.cbo.gov
January 14, 2025 at 2:05 PM
I think folks will want to look over this incredibly timely and comprehensive work on climate change and property insurance.
www.cbo.gov/publication/...
www.cbo.gov/publication/...
Reposted by Jeff Werling
Due to this idiotic statement, by a person who has proven his inability to distinguish truth from online propaganda, I just donated to Wikipedia. Please do the same.
December 25, 2024 at 9:03 PM
Due to this idiotic statement, by a person who has proven his inability to distinguish truth from online propaganda, I just donated to Wikipedia. Please do the same.