@Noahpinion From 2000 - 2015 it was barely noticeable.. That line going parabolic coincides with the problem getting meaningfully worse.. City funded methadone clinics are a major culprit, which, for some brilliant reason, were placed in the most tourist-prone areas of the City.
@dmaltz19@JonnyNemo Great idea, @dmaltz19 & @JonnyNemo - wrap collaborations are the future and expand the addressable audience. Would be great if I could substitute my Just Salad wrap with Sweetgreen's higher quality ingredients.
https://t.co/Eo5OjOn5cV
@TFMkts@lisaabramowicz1 Conventional wisdom used to be that it was “lagged.” It’s not lagged. It’s deeply flawed, and not in any way representative of rent inflation.
@briankesselman@chamath Indisputably the current center for finance. Would be hard pressed to even name a #2. NY is to Finance what SF is to Tech. If Mad Man Mamdani wins though… will be a setback just a question of magnitude.
@Noahpinion@krishnanrohit@emollick You’re incorrect - What about loading up on imports, whose value well exceeds what’s being consumed in any given quarter. Said differently, front-loading imports is a negative on GDP.
@VladTheInflator Exec branch manipulation is undoing 50 yrs of manipulation? 60% of people have money in the mkt and 65% own their homes (which will go down in value). Your hope is this will be the first crisis in history where the upper class suffers more than the lower / middle
@BenK_Data@Brightfeather@mattyglesias Exactly why it's important to stand on principles and not just selfishly focus on what directly benefits you. "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." Or maybe these concepts are too "weird."
@BenK_Data@Brightfeather@mattyglesias You're right - this is just about raising revenue. That's what the Harris admin cares about. Has nothing to do with some populist (perhaps unconstitutional) proposal that allows them to score virtue votes and fleece a small percentage of citizenry that won't impact vote count.
@BenK_Data@Brightfeather@mattyglesias We all should have skin in the game, irrespective of wealth. If we wanted to pay for more programs we'd have broad based tax hikes. This tax will barely pay for our annual run-rate aid to Ukraine. It's popular because most people are happy confiscating from people they don't know
@Brightfeather@BenK_Data@mattyglesias Respectfully disagree. The tax is based on a philosophical belief that wealthy people are net-takers and shouldn't have as much as they do. It's confiscatory. If we wanted to raise revenue we'd propose a higher rate on anyone making >$100k. This way we all have skin in the game.