Explainer

unrepentant neoliberal

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Demographic collapse is the biggest problem that the median voter doesn't appreciate. We're on track for every household to look like this:

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@3RenChengHu If Elon follows through it'll be more for PR reasons than charitable ones

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@mmjukic Maybe I'm jaded, but this doesn't seem so bad. Most of this is pretty inocuous entertainment, and there's a decent amount of mid-brow intellectual and self-improvement content. Huberman and Diary of a CEO in top 25 were surprising.

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@asymmetricinfo Spot on as usual.

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@joshrauh @garrytan @gabriel_zucman Gabriel Zucman's entire intellectual self worth is wrapped up in this working. He'll deny reality until the bitter end.

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@dgt10011 Well timed tweet. I wonder how he's doing today.

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@mattyglesias Hanging out with friends is good
Indulging in histrionics online is bad

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@jdcmedlock Now he just needs to figure out how to enforce this for cops' personal cars that go plateless

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@KelseyTuoc @JeremiahDJohns Okay but white collar crime exemption only to make sure we keep moms in the workforce and eliminate that motherhood penalty.

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@jonbrooks Wrong premise. Many consumers aren't "tapped out".

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@Brad_Setser The only meaningful way for CCP to increase consumption is to provide old age entitlements, which creates a bigger problem than it solves over the long run.

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@peterrhague Perfect analogy.

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Boomers earned through the greatest bull run in history. If they'd invested just 3% of their income until 65 they wouldn't need social security.

[Patrick Heizer @PatrickHeizer]

You have to hand it to the Boomers.

They added ~$30T to the national debt while the stock market is up ~20,000% since 1980, and yet they still somehow managed to bankrupt Social Security.

It'd be impressive if it wasn't going to burden my and my children's generations.

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@Nate_Tice Everything has gotten better. Talent pipeline, coaching, practice, nutrition, strength/conditioning. Everything. It's clearest for FG accuracy where offensive and defensive improvements don't cancel each other out.

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@mwintid @KurtSchlichter I didn't know this was ever considered. Would've been a huge W for dubya.

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@KurtSchlichter Youngers generations are already carrying a disproportionate amount if the burden. Reforms are needed to make sure that the burden is shared more equally by boomers.

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@3RenChengHu But the real promise is what they felt in their hearts.

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@lymanstoneky I mostly agree, but steel-manning the other side: our original sin was forcing savings into a government run entitlement system and investing it in treasuries yielding 2.5%. If social security was invested in broad market index the trust fund would be fine.

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@RichardHanania @DKThomp More like "only the 1% can afford without sacrificing many of the luxuries that they grew accustomed to in their late 20s."

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@mtkonczal Prebutting concerns is genius. X should sell a Grok subscription that does that for all of the haters in the comment section.

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@alexolegimas @ModeledBehavior 90% of news is entertainment for doomscrollers. mostly useless unless you're an anthropologist.