scott davidson
@scottpkdavidson.bsky.social
“A post-pandemic economic boom had kept the relationship between g and r on a stable trajectory, and in the fall of 2024, with inflation waning, the Fed began to lower interest rates.
Then Donald Trump took office and threw the world economy into chaos.”
Then Donald Trump took office and threw the world economy into chaos.”
The Debt Is About to Matter Again
When interest rates outpace growth, very bad things can happen.
www.theatlantic.com
May 24, 2025 at 6:47 PM
“A post-pandemic economic boom had kept the relationship between g and r on a stable trajectory, and in the fall of 2024, with inflation waning, the Fed began to lower interest rates.
Then Donald Trump took office and threw the world economy into chaos.”
Then Donald Trump took office and threw the world economy into chaos.”
Reposted by scott davidson
Walmart CFO John David Rainey: "We've not seen a period where you've had prices go up this high, this quickly. We're well equipped and experienced in dealing with price increases that are going up 2 or 3 percent, but not 30 percent."
May 15, 2025 at 3:41 PM
Walmart CFO John David Rainey: "We've not seen a period where you've had prices go up this high, this quickly. We're well equipped and experienced in dealing with price increases that are going up 2 or 3 percent, but not 30 percent."
Reposted by scott davidson
NEW from me. In the NY Post's review of Trump's first 100 days, I critique DOGE's disappointing start - which has maximized chaos while saving just 0.1% of federal spending - and probably worsening deficits after the IRS enforcement cuts. nypost.com/2025/04/28/o...
Despite faux fanfare and outrage, DOGE hasn’t even scratched the federal budget monster
Many of my fellow fiscal conservatives cheered President Trump’s executive order establishing the “Department of Government Efficiency,” headed by billionaire businessman Elon Musk.
nypost.com
May 1, 2025 at 4:36 AM
NEW from me. In the NY Post's review of Trump's first 100 days, I critique DOGE's disappointing start - which has maximized chaos while saving just 0.1% of federal spending - and probably worsening deficits after the IRS enforcement cuts. nypost.com/2025/04/28/o...
Reposted by scott davidson
JUST IN: Judge finds 'probable cause' to hold U.S. in contempt over Alien Enemies Act deportations
Judge: 'Probable cause' to hold U.S. in contempt over Alien Enemies Act deportations
The government sent several planeloads of alleged gang members to El Salvador, including 137 people under the act, the White House said at the time.
www.npr.org
April 16, 2025 at 4:43 PM
JUST IN: Judge finds 'probable cause' to hold U.S. in contempt over Alien Enemies Act deportations
Reposted by scott davidson
Anyone who needs a clear, not condescending walk-through of the bond market and why everyone watching it is so nervous right now and EXACTLY how it will affect YOU... It's Data Bear on the case!
www.dataandpolitics.net/the-bond-mar...
www.dataandpolitics.net/the-bond-mar...
The Bond Market at the 5% Threshold
1: The Border
On April 11, 2025, the 30-year Treasury yield briefly approached 5%. Quietly. And then it fell back. Just enough to preserve the illusion that nothing had changed.
But something had.
...
www.dataandpolitics.net
April 13, 2025 at 10:13 PM
Anyone who needs a clear, not condescending walk-through of the bond market and why everyone watching it is so nervous right now and EXACTLY how it will affect YOU... It's Data Bear on the case!
www.dataandpolitics.net/the-bond-mar...
www.dataandpolitics.net/the-bond-mar...
They are cutting the Federal Government so they can pass a tax cut through reconciliation.
That’s it.
It’s not about efficiency.
It’s not about waste.
It’s so billionaires can keep their money.
That’s it.
It’s not about efficiency.
It’s not about waste.
It’s so billionaires can keep their money.
Republican Tax Legislators’ Potential Framework for Extending Trump’s Tax Cuts Is a Gimmick That Would Cost More Than Advertised
Using a current policy baseline to mask the cost of extending Trump’s tax cuts is a gimmick that cannot change the fact that doing so would increase the deficit.
www.americanprogress.org
March 11, 2025 at 2:38 PM
They are cutting the Federal Government so they can pass a tax cut through reconciliation.
That’s it.
It’s not about efficiency.
It’s not about waste.
It’s so billionaires can keep their money.
That’s it.
It’s not about efficiency.
It’s not about waste.
It’s so billionaires can keep their money.
Reposted by scott davidson
“Why aren’t you cheering Trump & DOGE? I thought you wanted spending and deficit cuts!"
Here's my long ranty answer posted on the other site...
Here's my long ranty answer posted on the other site...
February 5, 2025 at 1:43 AM
“Why aren’t you cheering Trump & DOGE? I thought you wanted spending and deficit cuts!"
Here's my long ranty answer posted on the other site...
Here's my long ranty answer posted on the other site...