John Carney

Raised in New York City’s most liberal neighborhood. Conservative by the grace of God. Ask me for my Signal #.

[John Carney @carney]

My great-great-great grandfather, Major Richard Oulahan, 184th New York Volunteers, aide de camp to General Michael Corcoran, commander of Corcoran's Irish Legion in the Civil War. (He’s the father of John Sanderson’s wife.)

[John Carney @carney]

My father, Captain John Carney of the US Army, and my grandfathers, Lt. Colonel John Carney (Army) and Captain Richard Sanderson (Navy).

Teaching my kids about the service of their ancestors on this Veterans Day.

[John Carney @carney]

My great-great-grandfather, John Williams Sanderson, Master, US Navy.

[John Carney @carney]

@MartinaMarkota I have that lamp in real life.

[John Carney @carney]

I didn’t really pick any of that up on X. I saw constant complaints about affordability and attacks on anyone who minimized it. Deportations are good and should be celebrated but I didn’t see memes. Certainly didn’t see anyone say a Red Wave was inevitable

[Tom Nichols @RadioFreeTom]

Musk buying Twitter, as @AdamSerwer points out, lured conservatives into the trap of thinking that X is real life - and they paid for it.

https://t.co/BF9bbZc2Wl

[Larry Kudlow @larry_kudlow]

Here’s @CGasparino on the “reckless” Nvidia CEO Jensen Huang’s alleged spy affair: “he's going to resign.”

[John Carney @carney]

Larry Kudlow Calls on Nvidia CEO Jensen Huang to Resign Amid Chinese Espionage Scandal https://t.co/xTbNJg6LF6 via @BreitbartNews

[John Carney @carney]

@Kurtbelgard I agree. My point is really to try to warn people against the interventions they are considering to significantly increase the supply of new homes.

[John Carney @carney]

We’re about to flip from a perceive shortage of homes to an obvious excess and people are not prepared for it.

[Nick Gerli @nickgerli1]

Florida's housing demographics are getting very concerning.

The population of Gen-Z/Millennial renters to Elderly owners is plunging.

And could soon fall below 1.0x.

Back in 2015, Florida had 1.48x renters aged 25-44 for every homeowner aged 75+.

Today, that ratio has collapsed to just 1.08x. The lowest in at least 20 years.

A massive demographic shift.

And one with major implications for Florida's housing market over the next decade.

Structural supply is about to spike as Baby Boomers age out of their homes, while there aren't enough young renters to buy the homes.

To see the 25-44 Renter / 75+ Owner ratio for your ZIP, upgrade now on Reventure: https://t.co/UCc7u2rE0E

[John Carney @carney]

@Charles_Benoit I love the Black Hills.

[Larry Kudlow @larry_kudlow]

Jensen Huang should exercise some common sense, set an example of integrity and character, and step down from his position as the Nvidia CEO.
https://t.co/VS0WDE0g83

[John Carney @carney]

The full archive of National Review is a treasure trove. I spent a lot of time in my freshman year in college reading the very old issues from the early years.

[Michael Brendan Dougherty @michaelbd]

Fun day at @NRO. We’ve launched a new website, returned to our original brand identity and for the first time time, we’ve made the entire archive of National Review online. https://t.co/hhkwdLV2ot

[John Carney @carney]

@SobonBet I’m just amazed that he was able to get someone on the phone at AOL at all.

[John Carney @carney]

Before AOL was acquired by the Italian company Bending Spoons, it had about 215 employees. 100 were laid off after the acquisition earlier this year and they’ve certainly lost a few.

So AOL today actually employs probably less than 100 people.

Can you imagine being one of those guys trying to deal with Mark Levin?

[Mark R. Levin @marklevinshow]

Folks, I have spent literally the entire day trying to get someone at AOL to unlock my email. For the last eight hours, I have been told that the issue has been escalated to supervisors who would contact me. I haven't heard a thing.
You would think that, since I'm one of the last human beings on the face of the Earth still using AOL, they would take care of this. You'd be wrong.
So, once this gets resolved, hopefully before the next presidential election, I'm dropping them. (I kept them this long out of convenience, but now I have no reason to keep them.)
I'll see you on the radio at 6 p.m., at which time I will address this further.

[E.J. Antoni, Ph.D. @RealEJAntoni]

Higher prices in Oct wiped out the considerable increase in average weekly earnings last month, leaving the inflation-adjusted value essentially unchanged for the average American's weekly paycheck, which is up ~1% since Jan '25:

[John Carney @carney]

Absurd and obviously wrong.

[jack neel @jackneel]

Dave Smith Explains Why It Feels Impossible for Young Men to Succeed in 2026

“You've got to kind of make $1 million a year to live kind of a middle-class lifestyle.”

(Via Jack Neel)

[John Carney @carney]

Today is one of those days when we can finally see how equities trade without the influence of panicky bond investors.

[John Carney @carney]

@yourlyingeyes Yep. It’s a big problem that everyone wants to build more houses now when we’re verging on a housing glut and house prices are likely to under-perform for the rest of the lives of everyone now living.

[John Carney @carney]

@jasonfurman What was striking to me was how little the foreign tariff incidence had to be. I started with one-third (basically, dividing equally between importers, purchasers, and producers) but found it could go all the way down to less than 5% and still produce positive GDP results.

[John Carney @carney]

@jasonfurman That’s an effect of the way the model works but it is fascinating that the FRB/US model with your scenario minus the relative price of capital specification produces positive economic growth results.

[John Carney @carney]

@jasonfurman I’m going to spell this out more tomorrow but if I take away your constraint on the relative price of capital and allow foreign producers to absorb 4% of the tariff through price reductions, I’m getting a result that tariffs are positive for investment and GDP.