Runbook Research

We track what moves markets, industries, and small businesses.

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@atrupar Literally why is Larry Fitzgerald there

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Why is Larry Fitzgerald sitting behind Kevin Warsh????

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Higher taxes don't solve problems they fund people paid to manage them. Bureaucrats have no incentive to eliminate the issues that justify their jobs. The War on Poverty spent $30 trillion over 60 years. The poverty rate barely moved.

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@greendragonhq @NYCMayor have you ever bought something of Amazon? Its pretty awesome.

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@Coinvo The only way his company stays in business is by making this happen.

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@drydenwtbrown If a person loses their job because it becomes obsolete due to AI they will have to figure out a way to be productive in society and generate income for themselves.

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@icanvardar AI and how easily people can apply to jobs is mostly to blame. You can mass apply to jobs in minutes with the same generic AI generated resume. Impossible for employers to sort through all the slop.

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In states with the most restrictive child-to-staff ratios, annual toddler care costs $20,196. In the least restrictive state, it costs $7,254. That $13,000 gap is largely a regulatory gap. The standard political response is more subsidies. Subsidies paid to providers operating under the same restrictive rules just increase costs further. The regulations are the problem.

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@BladeoftheS Funnily enough, a lot of those billionaires pay for the healthcare of their employees

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Politicians promise pension benefits today that cost nothing today. The bill lands decades later on different taxpayers. Illinois alone carries $144 billion in unfunded pension liabilities, with Chicago's fire and police funds near insolvency. States legally exclude full pension costs from annual budgets, hiding the debt until it becomes someone else's crisis. The federal government has no bailout obligation. The political pressure to do it anyway will be enormous.

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Private insurers running Medicare Advantage are paid roughly 20% more than it would cost to cover the same people in traditional Medicare, totaling $76 to $84 billion in overpayments annually. The mechanism is upcoding, where insurers inflate patients' diagnosis codes to game the payment formula. Fixing it does not cut any patient benefits. The only obstacle is the insurance lobby.

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@zerohedge I find anthropics models give me the most frustrating outputs when it comes to how they speak conversationally.

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@moccaobe @BernieSanders So why are you so upset that people have more than you? How does it affect your life?

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@a16z Such a misleading stat that always gets tossed around.

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@moccaobe @BernieSanders Have you considered simply making more money?

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Convinced all the worlds problems would be solved if everyone read this book.

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@greendragonhq The government only has money for those subsidies because of the tax money they already receive. Give the government less money, and see less handouts. Give the government more money, see more absurd handouts.

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@DarrigoMelanie The idea that people having wealth is stopping other people from creating their own wealth is incredibly small minded.

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@DebtCrisisOrg A question everyone who has student loans needs to weigh is what are the odds of a socialist administration coming into office and canceling all student debt.

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@Kalshi If its universal, it cannot be high. Having high income would imply that there would be low income.