Robert J. Shapiro(@robshapiro) 's Twitter Profileg
Robert J. Shapiro

@robshapiro

Chairman of economic advisory firm Sonecon, IMF advisor, former U.S. Under Secretary of Commerce. Blogs at the intersection of politics and the global economy

ID:22040284

linkhttp://www.sonecon.com calendar_today26-02-2009 18:12:40

504 Tweets

1,8K Followers

180 Following

Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

If Reagan was right and voters care most about whether they’re better off, the answer in 2024 is clearly yes. 2021 to 2023, wage and salary income per working person averaged $3,250 more than from 2017 to 2019—again, after inflation. Check out the facts: shorturl.at/kDRT4

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

Lying is Donald Trump’s superpower, starting with the claim that the economy was stronger under him. subject that lie to the data: Growth, investment, consumer spending, employment, business creation and more are all stronger under Biden. Check it out at shorturl.at/bgEQ2

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

New analysis in Washington Monthly explaining why Biden gets no credit on the economy, despite strong jobs and growth: It's all about real incomes. Good news: Real incomes up 3.3% over past year; if that keeps going, he can win a second term. washingtonmonthly.com/2023/12/12/why…

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BusyBrands (@busybrands) 's Twitter Profile Photo

THE ANATOMY OF MARKET FRAUD: THE MMTLP FIASCO

Dr. Robert Shapiro joins us October 17, 2023 at 5:30PM eastern time

Co-Host:
JunkSavvy
Kurtis

Speakers:
Robert J. Shapiro
Wes Christian
Josh White
Frank Nez

$MMTLP

twitter.com/i/spaces/1PlKQ…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

The administration has pulled off a remarkable two-step—beating inflation while expanding employment. Today's report shows that the CPI rose just 0.1% in May. Prices rose 4.0% over the preceding year—and looking forward, up over the last 6 months at an annual rate of 2.75%.

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

The most unreported story of the last six months: Inflation is falling Sharply and people's real incomes are rising sharply. Check out the facts: washingtonmonthly.com/2023/05/23/why…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

Here's the lowdown on why the latest economic data make Biden's reelection vulnerable to the fights over the debt limit and budget: washingtonmonthly.com/2023/05/02/the…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

New piece at NBC Think on why the administration and Congress are right to prevent a rail strike:
nbcnews.com/think/opinion/…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

New piece at Washington Monthly showing the economy is doing better than during most of Trump's term. And while a slowdown next year is likely, so is a healthy rebound in 2024. washingtonmonthly.com/2022/12/01/the…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

For all the moaning about inflation, BEA reports that month-to-month real disposable income was up 0.1% in August following a 0.5% jump in July. Inflation in consumption expenditures was up 0.3% after falling 0.1% decline in July. Stick to the data, Larry.

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

Yes, Americans are better off under Biden: Using BEA data and its deflators rather than less accurate BLS data and CPI, incomes have kept up with inflation, on top of jobs, record low poverty, wealth gains...check it out: washingtonmonthly.com/2022/08/22/yes…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

I'm tired of the insidious meme from the left that Bill Clinton is a secret 'neoliberal' who failed middle-class and lower-income Americans. It's demonstrably false. And how do we make progress if we deny what worked? For the real record, see washingtonmonthly.com/2022/07/21/the…

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Robert J. Shapiro(@robshapiro) 's Twitter Profile Photo

Republicans may have lost their faith in the American economy, but the world hasn't: the BEA announced today that foreign direct investments to buy, establish and expand U.S. businesses totaled $333.6 billion in 2021--that's 136% higher than the $141.4 billion in 2020.

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David Frum(@davidfrum) 's Twitter Profile Photo

Smart economist Robert Shapiro offers a data-based case that US economy can weather interest rate increases without succumbing to recession sonecon.com/a-recession-is…

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