Rick Kane

[Rick Kane @CoachRickKane]

Short term pain is the new transitory inflation.

[Aaron Rupar @atrupar]

COLLINS: Is this going to hurt people in your state?

SHEEHY: There's absolutely going to be short-term pain. I mean, if you're going to remodel your house to make it better in the end, it's gonna be really annoying in the short-term

[Rick Kane @CoachRickKane]

@brayden_mcmahan People don’t trust it because one man has spewed nonsense for the last 9 years.

[chris evans @notcapnamerica]

Is the average US citizen actually this dumb? God help us

[Brian Krassenstein @krassenstein]

The Electoral College is DEI for rural white Americans.

[Justin Wolfers @JustinWolfers]

Senator, I don't want to get caught up on facts, but the share of American-born folks in their prime working years who have jobs is higher than at any point during the Trump administration, and indeed, it's the highest it's ever been since the BLS started publishing these numbers

[Lorena Gonzalez Fletcher @LorenaSGonzalez]

So, immigrants come to this country (with fentanyl & guns to sell) but steal your job demanding to work for less than minimum wage. Then, with all those sub-minimum wages, outbid you on a house. (And may be eat your pets). Got it.

[Mark Zandi @Markzandi]

I’ve hesitated to say this at the risk of sounding hyperbolic, but with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economist. Economic growth is rip-roaring, with real GDP up 3% over the past year. Unemployment is low at near 4%, consistent with full employment. Inflation is fast closing in on Fed’s 2% target - grocery prices, rents and gas prices are flat to down over the past more than a year. Households’ financial obligations are light, and set to get lighter with the Fed cutting rates. House prices have never been higher, and most homeowners have more equity in their homes than ever. Corporate profits are robust, and the stock market is hitting a record high on a seemingly daily basis. Of course there are blemishes, as lower-income households are struggling financially, there is a severe shortage of affordable homes, and the government is running large budget deficits. And things could change quickly. There are plenty of threats. But in my time as an economist, the economy has rarely looked better.

[Rick Kane @CoachRickKane]

@JWonz @b2leobl @burner_izzo @deancain @BarrySealDeath @RobertJKingsbu1 They have an overly fair share now.

[Rick Kane @CoachRickKane]

@b2leobl @burner_izzo @deancain @BarrySealDeath @RobertJKingsbu1 You mean rural communities wouldn’t have representatives? How would abolishing the electoral college leave rural areas without representation? The electoral college has nothing to do with how senators and house representatives are selected.

[Mark Zandi @Markzandi]

Today’s revisions to the GDP accounts are worth a look. Both real GDP and real GDI (an alternative way of measuring overall economic activity) were revised up over the past several years, and over the past year both have increased by more than 3%. With unemployment rising, to be more consistent with full employment, and inflation receding, this suggests the economy’s potential growth is even higher. Closer to 4%. Thank strong immigration and productivity growth. The personal saving rate was also revised higher, and is now back over 5%. This suggests consumers have more financial firepower, and that they will remain stalwart spenders and an engine of overall growth. More often than not revisions to economic data have little importance. Not today’s GDP revisions. They reinforce just how exceptional the current economy’s performance is.

[Rick Kane @CoachRickKane]

@brayden_mcmahan Congratulations!

[Rick Kane @CoachRickKane]

@CadenMcGran26 It’s unrealistic to say that higher taxes will lead to lower growth in the 80’s when corporate taxes were 37% we had 7+% GDP growth. As corporate taxes have fallen growth has as well. Clinton had the highest growth of the last half century and raised taxes on the wealthy.

[Rick Kane @CoachRickKane]

@CadenMcGran26 I can agree on mismanagement. The reality is debts have to be paid one way or another so there has to be policy in place to pay it. It will get passed along one way or another so I’d rather that burden not be placed on the middle class.

[Rick Kane @CoachRickKane]

@FoxNews Forgot to mention they said they have never met or spoken to him. They are distant relatives.

[Rick Kane @CoachRickKane]

@CadenMcGran26 There is a reckoning coming for everyone to pay down debt and deficits- who should bear the majority of the burden? Right now percentage wise, the middle class is bearing the burden- why should the ultra wealthy get a pass?

[Rick Kane @CoachRickKane]

@CadenMcGran26 Leaving a state and leaving a country are two different things. There are 756 billionaires in the US. There are less than 10,000 individuals worth $100,000,000 or more. This policy of enacted would only affect these people.

[Yashar Ali 🐘 @yashar]

NEW

Some insight into the finances of Tim Walz and his wife Gwen.

They don’t own any stocks. They also don’t own mutual funds, bonds, private equities, or other securities.

No book deals or speaking fees or crypto or racehorse interests.

They don’t own any real estate either. Before moving into the governor’s mansion they sold their home below the asking price.

Their only assets are state pensions, including teacher pensions.

@danprimack reports

Full Story: https://t.co/W6TIhO5dzZ

[Headquarters @HQNewsNow]

President Biden describes the importance of family and his experience dealing with loss on Howard Stern: “There are a lot of heroes out there that dealt with what I've dealt with and more without the family I have, without support. I know there are thousands of heroes who get up every day and put one foot in front of the other”

[Rick Kane @CoachRickKane]

@atrupar It’s 9:00 pm in Nashville. Central time here