Whoever said “don’t count your chickens before they hatch” was an idiot. This shit is awesome look at all the fucking eggs i have. None of them have hatched sure but i used to have like no eggs
I know. Everything has already been said about tariffs.
But here is one point that hasn't been stressed enough!
Higher prices are not the economic cost of tariffs.
I have repeatedly made this point, again and again and again:
The vast majority of waste, fraud, abuse, and overbearing, job-killing regulation is not in the federal government. It's the planning bureaucrats in your local city hall and zoning board.
The median home price in California is 9x the median household income. A healthy ratio ranges between 3 and 5. (The ratio in Texas is 4.5.) It's cold confort to say "all are welcome here" and then uphold housing policies that exclude all but the wealthiest.
I hope the “abundance” view wins out in the Democratic Party
There’s a reason a lot of deregulation happened in the 70s: it’s the right response to a supply shock.
More of everything: housing, energy, transportation, health can address tangible voter concerns over the economy
If state Dems in NY/CA/MA etc. don't enact YIMBY policies and actually do something about the rampant, out of control housing costs in their states in the wake of an absolute drubbing I will actually lose it.
Stakes coming in focus over the last 24 hours:
1) RFK Jr. says Trump “promised me” control of the HHS and Ag.
2) Trump confirms he's giving Elon Musk permission to cut up to $2 trillion in spending.
3) Mike Johnson says they'll kill Obamacare.
Trump’s deregulation in his 1st term should be of much more importance in this election.
One of the things he did was allowing big meat producers (like Boar’s Head) do their own inspections of themselves. It’s now cost 8 lives for no good reason.
Cost of Humira:
US: $3,216
Italy: $526
Germany: $420
France: $248
When are we going to realize that our drug pricing policies just subsidize cheap drugs for the rest of the world?
It’s a classic free rider problem.
“Democrats do meaningfully better than the average presidential incumbent party during the midterms” and “Democrats lose the House and dig a Senate hole they can’t climb out of for 20 years” are sadly compatible scenarios.