Something to be thankful for: The price of Thanksgiving dinner — like many prices through the economy — is moderating as inflation has largely normalized.
Soft drink companies use sugar substitutes because of high tariffs on sugar. If you mandate that they use sugar instead of corn syrup, without also removing the tariff, this will cause... prices of soft drinks to increase
Incredibly, people are still writing stories about how only the elite has benefited from the strong economy. In fact, the biggest gains have gone to low-wage workers
Business applications have jumped since COVID--a fact many have enthusiastically touted.
But given that we already know the (great) GDP, jobs etc. data should we also care about this above and beyond them?
I'm not sure.
A speculative thread🧵about 3 possible reasons to care.
GDP has grown 2.7% more than the CBO predicted in 2020, before the pandemic even happened.
That’s an impressive recovery from an economic crisis that left nearly 15% of Americans unemployed in April 2020.
Thank you, President Biden.
Housing prices in Springfield, OH have gone up at almost the exact same rate as the entire US and all of Ohio over the past decade
We have a national housing affordability crisis in the US caused by supply restrictions, not a particular one in Springfield caused by immigrants
2/ The strongest part of recent reports, the prime working age employment population ratio, held strong at 80.9%.
This matches the highest level since 2001. Americans are hitting the grind!
Nashville Police Officer Michael Collazo and Officer Rex Englebert shot and killed school shooter Audrey Hale.
When officers arrived -- investigators say Hale was shooting at police cars through a window.
Collazo and Englebert ran toward the gunfire -- killing the shooter.
Here’s @MNPDNashville body cam footage of the hero cops taking out the trans school shooter. Warning, it’s violent. But given how often police cam footage is used to criticize officers, I think it’s worth sharing their bravery too.