545 people rule us. Think about that. 350,000,000 people. 435 + 100 + 9 + 1. That’s Roman Empire-level oligarchy/aristocracy. Bought and paid for. Ironically, we need WAY more representation than we have. Country ain’t as small as it was 250 years ago.
Of course we can’t just exclude shelter but it’s a valuable reminder that constraints on housing supply growth are *the* key speed limit on the overall economy.
Headline CPI rose by 0.1% in November after 0.0% last month. Over the year, inflation was 3.1% over the year, down a tick from 3.1% .
Core CPI rose 0.3% (0.28%) in November, and is up 4.0% percent over the year.
Both measures are bang on expectations.
Inflation keeps falling.
NEW: in a big win for Democrats, New York’s top court has ordered a new congressional map, which could ultimately allow Dems to draw a new gerrymander in time for 2024. Huge deal for House control. https://t.co/hPOBhkczro
Scoop: Republicans are quietly delaying more than $1 billion in planned funding for PEPFAR — the life-saving HIV program — demanding changes to terms like abortion, sexual reproductive health, even "human rights" in PEPFAR documents.
More at The Post: https://t.co/aYDyLtJ9lE
Newly elected House Speaker Mike Johnson gave a radio interview in mid-November 2020 and promoted the conspiracy theory about Hugo Chávez and Dominion voting systems. https://t.co/enioaJ184d
JUST IN: US GDP soared to a blockbuster 4.9% in Q3. That’s the highest since the end of 2021 and a big uptick from 2.1% in Q2.
Strong consumer spending and gov’t spending drove the growth.
Bottom line: No recession in sight.
I wonder if those attacking the deal allowing use of Iranian assets for humanitarian goods know that this program was created by the Trump administration in 2018, with no GOP pushback. Iran's regime is evil, but let's be honest about how we got here. https://t.co/ueTkTeqeOH