A question for every judicial nominee going forward should be:
“if it’s a conflict between enforcing the law or protecting the rich and powerful from losing some money or power, which one do you choose?”
Israel fears surrender more than it fears war. Trita Parsi - [Surrender would force Zionists to change their rigid, delusionary macho self concept]
https://t.co/9nZamtUOWG
In humanity's eternal quest for pleasure, companies found ways to monetize addiction. Historian David Courtwright called it "Limbic Capitalism" in his magnificent book "The Age of Addiction."
We give you the chapter on digital addictions, at After Babel:
https://t.co/GzjPiDjsoc
This WSJ piece really captures how elevated prices causes by the war are a drain on middle and lower classes but are making investors rich https://t.co/H1Ad6gIKTf
Being somewhat upbeat in nature, I am looking for a reason to be optimistic about the state of the country but finding it challenging -- best thing I can think of is that NYC murder rate is at its lowest in recorded history https://t.co/vLYsWmbCVJ
"Labor’s share of gross domestic income ... sank to 51%, the lowest since records began in 1947. Profits’ share climbed to 12.1%, the highest since 1950." (gift link)
https://t.co/Yc3Sju9TnC
Was in Switzerland, asked people if there is anger about affordability. People I asked said "generally no." Why? Because wages are so high. Anecdotal, yes, but suggests you can have high wages and have a wealthy country
The next time this admin lectures our European allies for falling short of our shared free speech values, I’d like them to explain this crap. https://t.co/y7iCPfsW7f
Economy then vs now:
GDP growth:
2024 2.8%
2026 1.6%
Inflation:
2024 2.9%
2026 3.8%
Wages:
2024 rising faster than inflation
2026 rising slower than inflation
Unemployment rate:
2024 4%
2026 4.3%
Jobs added per month:
2024 >120,000
2026 76,000
Jobs vs Unemployed:
2024 7.6 million job openings vs 6.9 million unemployed
2026 6.8 million job openings vs 7.2 million unemployed
National Debt
2024 $35.5 trillion
2026 $39 trillion
Deficit
2024 $1.8 trillion
2026 CBO projection $2 trillion
Uninsured Americans:
2024 27 million
2026 CBO projection 30 million
Gas prices per gallon:
December 2024 ~$3.00
Today $4.43
Doing event today with Sarah Wynn-Williams moderated by Carole Cadwalladr at Hay Festival, complicated by Facebook's ongoing lawsuit against Sarah for her hilarious book "Careless People"
The backlash against AI - generated content is so visceral - expect the "human-authored" certification gain momentum, esp for fiction. https://t.co/Ld3d8ZMVTw
The evident emptiness of AI content and imagery (on closer inspection, once you get used to it) kinda feels like evidence of that thing called a "soul"
Facebook's use of an NDA to silence whistleblower employee Sarah Wynn-Williams is just censorship and an abuse of power -- see this from yesterday https://t.co/fyLy7cMgs1
Btw, Sarah Wynn-Williams' book, "Careless People" (which Facebook is still trying to kill) is hilarious and exposes what went wrong with the internet in the 2010s: a lack of character and integrity in leadership https://t.co/FN0jMcshd0
On Bill Pulte, Hayek got this right: "Advancement within a totalitarian group or party depends largely on a willingness to do immoral things." Frum has more https://t.co/KbeXEsTZQv
In the USA, the level of vigilance the average person has to maintain to avoid getting ripped off extracts its own kind of price -- one most analysis of dynamic pricing doesn't pay any attention to.
Dynamic pricing in economic theory could be a boon to the poor, but more often it favors the hyper-diligent and hyper-vigilant against more normal personality types, then wreaks havoc on poorly educated consumers
I'm writing a piece about how the States should organize and re-indict as many of the inexcuseable people Trump pardons - to fight the message that you cannot buy your way out of everything
https://t.co/sGrM3DzgrK