Governments usually aren’t great at picking winners, historically. But losers are really good at picking their governments. Thanks to @thehill for running my op ed today, based on our new analysis of Louisiana’s industrial tax exemption program. https://t.co/uvBCFnrha8
re: Hormuz “leaking” stuff (i.e. a reported rise in dark transits)
First, a general comment: I can't stand random uncontextualized transit count figures and "oh you probably aren't counting this one"isms. Show me a time series and a list of which transits your counting specifically (to cross check against my list) or gtfo.
- there have always been dark transits
- there has been a notable uptick, as reported by Kpler, beginning late-May
- that dark transit uptick has been offset by far fewer "official" Iranian route passages
- traffic remains massively throttled, headline counts little changed
- also, this is still just functionally a stock draw at this stage so it doesn't change much.
PS: Murmurs of some fresh loadings (which could mean *production*) are much more promising, but we're still talking negligible figures and as with everything else they're being blown out of proportion.
@robin_j_brooks A significant issue that is difficult to predict is how much production will actually ramp. Producers won’t bring low margin assets online if Washington keeps broadcasting an imminent resolution. But if a resolution doesn’t materialize and the inventories and reserves draw down…
The inflation rate in Biden's last month in office was 2.9%. Trump (supported by a Republican Congress) has driven it up to 4.2%.
Thank you, voters, for your attention to this matter.
https://t.co/2BWtpX5aEf
@HicksCBER It’s been quite fun watching some folks try and wishcast this away as not a problem. There is no way to spin that energy, goods and services are more expensive now than in February. Laughable that some “economists” seem intent on trying.
@robin_j_brooks I also think simply saying “it’s not going to $200” isn’t the full consumer story. The SPR drawdown means eventually it has to be rebought. The war has likely caused a longer term but modest rise in oil prices compared to if it hadn’t happened. $2.50 gas isn’t coming back soon
@robin_j_brooks This is just commercial inventories. Look at what’s coming out of the ground. There has not magically been a bunch of new production to make up the shortfall. You can’t say anything with certainty about what will or won’t happen in the future based on this…
@guy_laron@gbrew24 You’re claiming 1000 secret ships worth of oil arrived at global ports and their oil specifically was not recorded for some reason? Also, given shipping insurance worries, wouldn’t companies logically actually want to be broadcasting more successful transits?
@SenRickScott Didn’t you just vote for tax cuts and the President wants a $1 trillion military budget?
“We need to cut all the programs I don’t personally like” Unserious.
My dad and I bonded over the Tigers. He passed away from cancer in 2019 and I just bought tickets for my 2.5 year old son and I to see @JustinVerlander tomorrow. Will be the only Tiger that all three of us see in person, ever. Can’t wait.
Limited seats remaining for tomorrow's game 👀
Get yours now to see three-time CY Young Award winner, Justin Verlander make his second rehab start at Fifth Third Field!
🎟️: https://t.co/h4WsP3iUsG
*Subject to change.
I am often critical of JobsOhio and the corporate welfare model of economic development. But I also try to call balls and strikes and, on the surface, this approach seems like a big step in a better direction for JobsOhio. https://t.co/qkK3VPe7EA
@VandyonTigers This is a lot of word salad with a made up argument. The market for talent is roughly the same for every team, based on control. Harris wasn’t pulling random numbers out of a hat.
And *gasp* he knows roughly what Riley and Dylan’s fair market number is. And so do they.