Bob Holben

Curiousity of a 3-year old

[Bob Holben @rbholben]

@BrunswickGovt Because odds on odd days and evens on even days was way too obvious!

[Bob Holben @rbholben]

@BrunswickGovt

[Bob Holben @rbholben]

Always seek to learn and grow

[Adam Grant @AdamMGrant]

The hallmark of an open mind is not letting your ideas become your identity.

If you define yourself by your opinions, questioning them is a threat to your integrity.

If you see yourself as a curious person or a lifelong learner, changing your mind is a moment of growth.

[Bob Holben @rbholben]

If you call yourself a Republican or a Democrat, you’re either a politician or a tool. Don’t be a tool!

[Bob Holben @rbholben]

Ever since Jimmy Carter, it has always driven me nuts when politicians can’t pronounce NUCLEAR.

Let’s add NVIDIA to the list of irritants.

https://t.co/km3176qKuS

[Bob Holben @rbholben]

DOJ: Ghislaine, we will issue you a full pardon and immunity on the following conditions:

- You must swallow this arsenic delivery system.
- And you must release in a very slow and measured way only the names and damning testimony we approve.

If you violate these terms,👋

[Bob Holben @rbholben]

“There’s a sucker born every minute”
- P.T. Barnum, 1860’s

“There’s about four suckers born every second”
- Bob Holben, 2020’s

We are in the age of nearly total mind control.

[Bob Holben @rbholben]

https://t.co/bLy72krEcW

[Oren Cass @oren_cass]

“My GDP chart shows free trade is working well because correlation is causation” is obviously nonsense, as everyone promoting this knows.

But to the extent you believe it, the chart you’d want is one looking at trend, not absolute level, and then you’d have no point at all.

[Bob Holben @rbholben]

It sure would be nice if US policymakers would listen to Pelosi’s comments here. 🤨

[MAZE @mazemoore]

Incredible clip from 1996. Nancy Pelosi on tariffs and the trade deficit with China.

"On this day, your member of Congress could have drawn the line to say to the President of the United States, do something about this US-China trade relationship that is a job loser for the United States."

Thirty years later and our annual trade deficit is now approximately $300 billion annually with China. Our politicians did nothing to stop this. They sold out America.

Now politicians, including Pelosi, are saying that not only China, but all countries should be able to tariff us and we shouldn't respond in kind.

[Bob Holben @rbholben]

@SaveDem79589185 @LukePerkins9 @Ike_Saul Trade deficits with China and Mexico were inconsequential in the 80’s. Completely different world now.

[Bob Holben @rbholben]

@rekrap313 @Ike_Saul I’m not disagreeing with some of this. You’re arguing with someone who favors UBI which would make welfare programs a thing of the past.

[Bob Holben @rbholben]

@rekrap313 @Ike_Saul Don’t forget that even poor countries have a wealthy class of consumers. Time will tell how competitive our exports can be in a modern high tech world. Over time, labor differences will become less consequential.

[Bob Holben @rbholben]

@SaveDem79589185 @LukePerkins9 @Ike_Saul Chinese transportation costs are compensated by cheap labor. A crude rule of thumb is that if it can fit in a shoebox, it’s cheaper to import. Higher tariffs make the box smaller and smaller.

[Bob Holben @rbholben]

@SaveDem79589185 @LukePerkins9 @Ike_Saul There is no tariff ceiling that can’t equalize labor differences

[Bob Holben @rbholben]

@SaveDem79589185 @LukePerkins9 @Ike_Saul In addition to operations people, manufacturing companies require leadership, engineering, finance, marketing, sales, HR, etc.

[Bob Holben @rbholben]

@Ike_Saul Can’t believe no other administration went after this huge trade deficit advantage we had built up as a nation. I have no love for Trump, but the strategy has my interest.

[Bob Holben @rbholben]

@Ike_Saul Tax cuts also stimulate overall economy. It will be a bumpy/hectic ride. But outcome seems intriguing cuz last 40 years built ridiculous trade deficits. Tariff revenue will dry up if tariffs set too high. Gotta tune it over time. 25% seems like a smart start based on history.

[Bob Holben @rbholben]

@SaveDem79589185 @LukePerkins9 @Ike_Saul Used to be 25%. Not hard to imagine the tariff strategy could return it to maybe 15-20% (1990’s level). Low unemployment is also a plausible outcome of the strategy.