Reposted by Peter Pihos
Few things more ominous and infuriating than the European “wake up call” to prepare for a warfare state while cutting social spending alongside a gleeful chattering class which pretends this is a moral crusade against the fascist machinations of the US administration.
March 5, 2025 at 9:49 PM
Few things more ominous and infuriating than the European “wake up call” to prepare for a warfare state while cutting social spending alongside a gleeful chattering class which pretends this is a moral crusade against the fascist machinations of the US administration.
If you and Martin Wolf have the same position on Trump, what should you do?
March 5, 2025 at 9:31 PM
If you and Martin Wolf have the same position on Trump, what should you do?
I do follow a lot of economists, so I'm not surprised my feed is dominated by tariff apoplexy.
Too many assumptions that Trump won't arrive at a workable tariff policy.
March 5, 2025 at 7:45 PM
I do follow a lot of economists, so I'm not surprised my feed is dominated by tariff apoplexy.
Too many assumptions that Trump won't arrive at a workable tariff policy.
March 5, 2025 at 7:44 PM
Too many assumptions that Trump won't arrive at a workable tariff policy.
Too much betting on a recession.
March 5, 2025 at 7:44 PM
Too much betting on a recession.
538 was bad for journalism.
As reported, the entire staff of 538 was laid off this morning. This is a severe blow to political data journalism, and I feel for my colleagues. Readers note: As we were instructed not to publish any new content, all planned updates to polls data and averages are canceled indefinitely. Huge loss :(
March 5, 2025 at 4:59 PM
538 was bad for journalism.
Reposted by Peter Pihos
13/14
Obstfeld's loyalty to American agency probably isn't just a matter of patriotism. I suspect that it is mainly because for his models of the US economy to work, the US must have total agency, which means, in a globalized world, that the rest of the world cannot.
Obstfeld's loyalty to American agency probably isn't just a matter of patriotism. I suspect that it is mainly because for his models of the US economy to work, the US must have total agency, which means, in a globalized world, that the rest of the world cannot.
March 5, 2025 at 10:02 AM
13/14
Obstfeld's loyalty to American agency probably isn't just a matter of patriotism. I suspect that it is mainly because for his models of the US economy to work, the US must have total agency, which means, in a globalized world, that the rest of the world cannot.
Obstfeld's loyalty to American agency probably isn't just a matter of patriotism. I suspect that it is mainly because for his models of the US economy to work, the US must have total agency, which means, in a globalized world, that the rest of the world cannot.
Reposted by Peter Pihos
11/14
He cannot consider the idea that domestic saving rates in these countries can be driven by domestic policies and conditions, and can in turn drive the savings rates of the US, even though it is an economy with a totally open capital account, a very flexible and...
He cannot consider the idea that domestic saving rates in these countries can be driven by domestic policies and conditions, and can in turn drive the savings rates of the US, even though it is an economy with a totally open capital account, a very flexible and...
March 5, 2025 at 10:02 AM
11/14
He cannot consider the idea that domestic saving rates in these countries can be driven by domestic policies and conditions, and can in turn drive the savings rates of the US, even though it is an economy with a totally open capital account, a very flexible and...
He cannot consider the idea that domestic saving rates in these countries can be driven by domestic policies and conditions, and can in turn drive the savings rates of the US, even though it is an economy with a totally open capital account, a very flexible and...
Reposted by Peter Pihos
9/14
So is China's extraordinarily high savings rates, or the moderately low savings rate of the US, more likely to have caused the global savings imbalances? As a good American, Obstfeld cannot imagine that foreigners could determine US saving rates.
So is China's extraordinarily high savings rates, or the moderately low savings rate of the US, more likely to have caused the global savings imbalances? As a good American, Obstfeld cannot imagine that foreigners could determine US saving rates.
March 5, 2025 at 10:02 AM
9/14
So is China's extraordinarily high savings rates, or the moderately low savings rate of the US, more likely to have caused the global savings imbalances? As a good American, Obstfeld cannot imagine that foreigners could determine US saving rates.
So is China's extraordinarily high savings rates, or the moderately low savings rate of the US, more likely to have caused the global savings imbalances? As a good American, Obstfeld cannot imagine that foreigners could determine US saving rates.
Reposted by Peter Pihos
Absolutely fucking do this.
I’m ready to go on the road in California and start hosting town halls - in Republican districts. If GOP House members won’t hold town halls in their districts, we will.
March 5, 2025 at 4:17 AM
Absolutely fucking do this.
The IRS is very effective and we should hire more agents.
BREAKING: The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say.
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say
The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation...
apnews.com
March 5, 2025 at 12:07 AM
The IRS is very effective and we should hire more agents.
Reposted by Peter Pihos
Look "Trump take egg" is ultimately silly but the core that actually works is
1) people are mad about eggs being expensive
2) associate Trump with the problem and blame him for it
You want the concepts "trump" and "no egg" to be adjacent in people's heads and Trump Take Egg jams them together
1) people are mad about eggs being expensive
2) associate Trump with the problem and blame him for it
You want the concepts "trump" and "no egg" to be adjacent in people's heads and Trump Take Egg jams them together
I get this, it’s funny, I’m not trying to pick on Ben or anyone. But it’s worth thinking about the appeal and audience of the “Trump take egg” stuff: not actual persuadable Americans, but committed anti-Trump people who THINK that this is how you need to talk to persuadable Americans
March 4, 2025 at 6:05 PM
Look "Trump take egg" is ultimately silly but the core that actually works is
1) people are mad about eggs being expensive
2) associate Trump with the problem and blame him for it
You want the concepts "trump" and "no egg" to be adjacent in people's heads and Trump Take Egg jams them together
1) people are mad about eggs being expensive
2) associate Trump with the problem and blame him for it
You want the concepts "trump" and "no egg" to be adjacent in people's heads and Trump Take Egg jams them together
Reposted by Peter Pihos
Tl;dr the Teamsters are working with Josh Hawley and Cory Booker to try to pass legislation that’ll end up killing strikes and shoving an arbitrator’s contract down the throats newly organized workers.
The FAST Act — which is basically the binding arbitration included in EFCA but excluded from PRO — is basically an administrative remedy to coerce a median settlement without addressing that the parties are not coming to the table on a level playing field.
March 4, 2025 at 6:51 PM
Tl;dr the Teamsters are working with Josh Hawley and Cory Booker to try to pass legislation that’ll end up killing strikes and shoving an arbitrator’s contract down the throats newly organized workers.
Reposted by Peter Pihos
‼️ THE COVID HOMICIDE WAVE HAS OFFICIALLY ENDED (at least in cities) ‼️
The quietly-released Major Cities Chief Assn violent crime data showed homicides fell by ~17%, to levels below those in 2020; higher still than 2019 (w 2 fewer agencies reporting), but lower than 2016 and 2017.
This is BIG NEWS!
The quietly-released Major Cities Chief Assn violent crime data showed homicides fell by ~17%, to levels below those in 2020; higher still than 2019 (w 2 fewer agencies reporting), but lower than 2016 and 2017.
This is BIG NEWS!
March 4, 2025 at 3:00 PM
‼️ THE COVID HOMICIDE WAVE HAS OFFICIALLY ENDED (at least in cities) ‼️
The quietly-released Major Cities Chief Assn violent crime data showed homicides fell by ~17%, to levels below those in 2020; higher still than 2019 (w 2 fewer agencies reporting), but lower than 2016 and 2017.
This is BIG NEWS!
The quietly-released Major Cities Chief Assn violent crime data showed homicides fell by ~17%, to levels below those in 2020; higher still than 2019 (w 2 fewer agencies reporting), but lower than 2016 and 2017.
This is BIG NEWS!
Reposted by Peter Pihos
Taking a super nice train in Italy for $45 and thinking of how cool it is that our taxpayer money back home will buy Ethereum to bail out David Sacks.
March 4, 2025 at 1:25 PM
Taking a super nice train in Italy for $45 and thinking of how cool it is that our taxpayer money back home will buy Ethereum to bail out David Sacks.
If you aren't interested in governing, administering real programs, or implementing anything positive, it does give you a hell of a lot of time to wreck havoc.
March 4, 2025 at 5:25 PM
If you aren't interested in governing, administering real programs, or implementing anything positive, it does give you a hell of a lot of time to wreck havoc.
Reposted by Peter Pihos
Mi sensación honesta es que los Republicanos son demasiado fanáticos, incompetentes e idiotas (quizás en ese orden) como para administrar el hegemón global o dirigir un Estado capaz de reconciliar los intereses divergentes de clase del país, tanto dentro de la clase dominante como contra las ...
March 4, 2025 at 5:21 PM
Mi sensación honesta es que los Republicanos son demasiado fanáticos, incompetentes e idiotas (quizás en ese orden) como para administrar el hegemón global o dirigir un Estado capaz de reconciliar los intereses divergentes de clase del país, tanto dentro de la clase dominante como contra las ...
Reposted by Peter Pihos
Rep. Pramila Jayapal is bringing Sara Nelson to the SOTU.
Not the Seattle City Council President, but the flight attendent union leader.
Not the Seattle City Council President, but the flight attendent union leader.
NEW: I’m proud to announce Sara Nelson as my guest for tonight’s Joint Address.
Sara is the President of @afacwa.org — an experienced and effective union leader on the frontlines of keeping American travelers safe — and I’m thrilled she’ll be joining me.
Sara is the President of @afacwa.org — an experienced and effective union leader on the frontlines of keeping American travelers safe — and I’m thrilled she’ll be joining me.
March 4, 2025 at 4:14 PM
Rep. Pramila Jayapal is bringing Sara Nelson to the SOTU.
Not the Seattle City Council President, but the flight attendent union leader.
Not the Seattle City Council President, but the flight attendent union leader.
Courts: Strong enough to destroy democracy.
Also, courts: Too weak to save democracy.
Also, courts: Too weak to save democracy.
Today, @nikobowie.bsky.social argues that the enforcement powers available to federal courts are simultaneously too limited, weak, and dangerous for us to depend on courts alone to save democracy.
Courts Are Useful, but We Cannot Depend on Them to Save Democracy
Federal courts have an important role to play in enforcing laws against powerful figures who defy them. But the options available to federal courts are simultaneously too limited, weak…
lpeproject.org
March 4, 2025 at 3:27 PM
Courts: Strong enough to destroy democracy.
Also, courts: Too weak to save democracy.
Also, courts: Too weak to save democracy.
Reposted by Peter Pihos
Feel like our colleagues and fellow unionists are being DOGEd.
WWU is firing staff. It is so gut-wrenching. They are doing it with no humanity and even less forethought about how it will impact academic programming. I'm sick to my stomach.
March 4, 2025 at 4:58 AM
Feel like our colleagues and fellow unionists are being DOGEd.
Reposted by Peter Pihos
Live footage of academia right now
March 4, 2025 at 3:10 PM
Live footage of academia right now
Reposted by Peter Pihos
Feel like our colleagues and fellow unionists are being DOGEd.
WWU is firing staff. It is so gut-wrenching. They are doing it with no humanity and even less forethought about how it will impact academic programming. I'm sick to my stomach.
March 4, 2025 at 4:58 AM
Feel like our colleagues and fellow unionists are being DOGEd.
WWU is firing staff. It is so gut-wrenching. They are doing it with no humanity and even less forethought about how it will impact academic programming. I'm sick to my stomach.
March 4, 2025 at 4:57 AM
WWU is firing staff. It is so gut-wrenching. They are doing it with no humanity and even less forethought about how it will impact academic programming. I'm sick to my stomach.