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🚗💸 A new car loses 60% of value in 5 yrs. That $40K ride? $16K in half a decade. Lose $24K every 5 yrs, then wonder why you’re not building wealth? You’re driving your net worth into a ditch. Mass transit moves millionaires.

Wild stat: The median US household makes $80K, but $40K cars fly off the lot like it’s Monopoly money. That’s not wealth, that’s cosplay w debt. The average American is driving a Mercedes lifestyle on a Civic budget and then wondering why they can’t get ahead. Insanity.

Every American is a citizen of New York City. It's so much a cultural and financial hub of our country that what happens in NYC is consequential for all of us. And I'm not an expert on the exigencies of the details of NYC economic policy, but I do think the Democratic Socialist

How can a 25% VAT benefit the US economy by reducing the trade deficit, paying down the federal debt, and fostering new targeted industries? Why is a VAT superior to a tariff? Ask Perplexity Grok

When the gov freezes prices on goods in short supply (like NYC rent), you get shortages, declining quality, black markets, and fewer new units built, helping lucky old renters, but making the overall housing crisis much worse

🌧️ Marked Soaked from the Downpour Today.

Finding a Nintendo Switch 2 for sale is easier than finding a vacant NYC apartment.

The NYC city budget is $112.4 billion cssny.org/news/entry/our…

It's very difficult to reform, but worth noting the way rent stabilization works in NYC is genuinely unhinged. It's not tailored to help the poor basically at all, and forget being able to move. The staunchest rent control advocate would not design this system in a vacuum.

The US National Climate Assessment reclassified New York City from a coastal temperate climate zone to a humid subtropical climate zone, like our infrastructure ain’t made for this new climate.

Slovenia, Latvia, the Czech Republic, the Slovak Republic and Mexico have higher Social Security benefits than America (% of earnings). cbpp.org/research/socia…

Meet the Russian spy that Elon Musk accidentally helped reveal: Sergey Goryachev Working in the White House with Trump as the director of personnel, using the name “Sergio Gor” (not very inventive) Sergio claims to be from Malta, but has not had a background check. With

Central Park: 42 million+ visitors a year. Disneyland California: only 27 million. The happiest place on earth? Try Manhattan’s backyard. Thoughts?

If the federal gov’t sold just 10% of Camp Pendleton (12,500 acres) for housing, and built at Brooklyn density (35 homes/acre), you could fit 437,500 new homes. That’s more than all the homes in San Francisco, CA.

The next NYC mayor can show he’s not incompetent by: 🏙️ Building 80K new market-rate homes/year 💸 Paying down city debt 🤖 Attracting more AI companies 🚇 Expanding the subway 📈 Using rezoning to fund transit Ambitious? Yes. Achievable?