@conor64 This is just your lamest bit.
The Lakers had *the worst record in the entire league* over the five years leading up to LeBron.
He arrived and immediately delivered a title. He has been consistently excellent while aging into his 40s.
Without him, you’d be in the gutter!
@willpoffwebster An insane comment from him given that he is currently supporting a bill that *would make it illegal* to "make money from that" by banning institutional investors from building and renting homes.
@conorsen Brand recognition.
Everyone knows ChatGPT. What percentage of Americans have heard of "Gemini" or "Claude"?
They can win the Consumer market if they want it.
@andrewsharp Oil prices up 2x, Stocks in correction territory, two dozen Americans dead, Straight of Hormuz still closed, Iranian regime still in place, $200B price tag -- what exactly has been accomplished here? What is your criteria over the coming months for this being a success?
@JeremiahDJohns It captures Millennial Leftism well - he’s vaguely depressed, vaguely guilty about being white, vaguely angry about capitalism, convinced the world has gone to hell but somewhat aware that it’s just because he’s spending too much time online.
@mattyglesias It’s a meme that went mega viral on Instagram. The penguin leaves his colony and “heads for the mountains” and people joke that they can relate.
Because this administration is terminally online, they wanted to jump on the viral meme trend (but did so in a lazy/hacky way).
@AlecStapp One of my favorite heuristics is "would the same people complain if the reverse had happened?"
Imagine if we had cheap & ubiquitous ride-sharing, but then that was replaced by the taxi cab medallion monopoly model.
I don't think leftists would be celebrating that as a win!
No - this is the real Big Lie that has demented our politics. Both the Left and Right are factually wrong about this. Americans at every level of the income spectrum are better off today than they were 30 or 50 years ago.
"No one anymore, on the left or the right, denies that globalization has fractured the U.S., both economically and socially. It has hollowed out once-prosperous regions like the furniture-making areas of North Carolina and the auto manufacturing towns of the Midwest. It has been a driver of income inequality. Perhaps most alarmingly, the U.S. has outsourced not just the manufacture of toys and furniture, but pharmaceuticals and semiconductors—products we need for our national security. Trump owes much of his political success to the fury that these realities aroused in working-class Americans," writes @opinion_joe.
"Which raises an obvious question: Why did so many economists, policymakers, and journalists like me refuse to acknowledge the problems with neoliberalism for so long? Why were we so quick to label anyone who even flirted with the idea that maybe the U.S. should be protecting its industrial base, just as other countries did, as a Pat Buchanan-like fool?"
New pod: American families with young kids aren't ready for what a long trade war with China would mean for everyday life.
The business press has been good at reporting on China as a global leader in smartphone and electronics manufacturing. But consider also that, as a share of all US imports, China accounts for:
- 99% of child safety seats
- 96% of toys for pets
- 95% of cooking appliances
- 93% of coloring books for children
- 88% of microwave ovens
- 70+ % of toys intended for children under 12
So, yes, American AI, electronics, smartphone, and clean energy companies are not set up to thrive in a protracted trade war. But ordinary parents of young kids will be among the hardest hit.
Jason Miller, a supply chain expert from MSU, joins to explain why the U.S. is set up for pain, pain, pain if this trade war continues.
https://t.co/cD8KjVLDoR
Tariffs on semiconductors and electronics will be introduced in about a month, according to U.S. Commerce Secretary Lutnick.
Those products were exempted from tariffs just yesterday. The whole system seems designed to create paralysis.
This trade war is predicated on a mountain of bullshit.
1. Wages and incomes for typical workers haven’t been stagnant for decades.
2. The game isn’t rigged—economic gains flow to everything.
3. The middle hasn’t been permanently hollowed out.
👇
https://t.co/C5wdZIDRbk
@mattyglesias I think this could be a real preference cascade thing, and it would take just one (somewhat) brave CEO stepping up and calling out that the Emperor has no clothes for the tide to turn.
Someone should just say it! Who is it going to be?
Who is going to be the first prominent business leader to come out against the tariffs?
Seems like an obvious opportunity to kickstart a Preference Cascade.