@adamtaggart Using ALL MEN as your sample, demographics explains the majority of it.
If you want to use better data, review prime-age men only.
Fortunately, the Fed has some indications on why.
https://t.co/hgRGYuO4fs
TLDR: Longer Education. Disability. Caretaking.
@MikeBenzCyber It may not fit your narrative, but you might want to go back and look at when those contracts started. You’re flat out misinforming everyone about “Biden Administration contracts,” and people are too stupid or too lazy to review it.
@TrumpWarRoom@chamath@POTUS If this is a honeypot, I’m still bear-ing the news that this is a complete fabrication. Source: the CBO website, which as late as Aug 15 still notes the $3.4T deficit.
@WallStreetMav It’s both “never been done before” and “the way it always used to be before income taxes.”
There is also no evidence on the CBO website supporting the claimed surplus. They still say $3.4T deficit add as of August 15:
https://t.co/3mhZwTjxzl
@thomasbethke@bgurley@tobi So, Stripe, Coinbase, Affirm, Adyen, etc.? Or do they get kicked out?
Everyone not named Visa and Mastercard makes more supporting each credit card transaction than those two. Shopify is getting ~1% of TPV as margin (charging ~3% revenue) to build a cart on those rails.
@Jason@thatsKAIZEN “You had to go steal a white person’s slot.”
A white person’s slot. Think about the underlying systemic worldview underlying that thought.
@adamtaggart …waiting on more data.
Inflation is running almost 50% higher than target after being above target for over four years.
Labor market is clearly weakening.
The mandates are drifting apart and presenting an enormous monetary policy issue (because fiscal policy).
@bgurley@Boilertribe Short of 100% takeover, the message is that the only risk is not pledging fealty. In this case a government grant became 10% of the equity, and somehow the market response is flat to positive rather than reflecting the math. Socialized losses/capitalist gains is trite but true.