NEW from me: When I criticize lawmakers for refusing to address soaring long-term debt, many respond "OK, so where's your plan?" Well, here is my 30-year plan to stabilize the federal debt.👇 Specifically, its an update to my 2019 blueprint. 🧵 manhattan.institute/article/a-comp…

Thom Tillis Blasts 'Clueless' Critics of Helene Response mediaite.com/news/north-car…

1. I don't think people realize just how expensive electricity used to be. Real electricity prices are HALF of what they were in 1960. The "good old days" of "cheap coal" is just cheap propaganda.

Retail productivity is up 32% since 2000 jabberwocking.com/retail-product…

2024 is on track to be an extraordinary year for the economy (and US stocks). Here are 3 key points that show how incredible it is. 1) The US is defying expectations. Inflation has fallen all the way back to 2.4% without a recession. Growth is strong & unemployment is still

Finally a story about grocery prices that gets it right, shows that grocery is more affordable today than it was before pandemic - once you factor in rising wages (as you should). marketwatch.com/amp/story/groc…

Americans are significantly richer now than they were back in 2019, after accounting for inflation. And the US economy is pulling away from other developed countries.

People with the lowest wages have gained the most after inflation since the end of 2019, but the middle-class has also done well. But don’t feel too bad for the top quintile – they did the best in the previous decades when inequality was growing.

Almost all of Trump’s economic proposals would reduce supplies of labor, industrial inputs, consumer goods, & federal tax revenues, while spurring huge federal deficits, writes Adam Posen: foreignaffairs.com/guest-pass/red…

Wow: this Associated Press exposé on Trump’s “refusal to disclose details about his physical or mental well-being,” breaking decades of precedent, is a must read. They write there are multiple “red flags for cognitive issues.” apnews.com/article/trump-…

Research shows that in the last 100 years, immigrants to the US — go to jail less — are employed more — are married more — live with children more — are in better health Than their US born counterparts. This holds true for every immigrant race as well.

And the year starts with an inflationary bang. May be partly exacerbated by seasonal issues--but those same issues also artificially muted earlier months. Core CPI annual rates: 1 month: 5.2% 3 months: 3.6% 6 months: 3.4% 12 months: 3.3%

Every $1 invested in NIH returns $2.46—cutting National Institute of Health research funding won’t save money; it’ll cost lives.

Party of the working class, indeed

No sign DOGE significantly cut spending or the deficit in February according to CBO. Federal outlays grew 7% compared to last year and the deficit grew 5%.

Government spending +7% Y/Y in February. $308B monthly deficit vs. $296B monthly deficit same month in 2024. Running at a $3.6T deficit on a $30T economy. DOGE has done absolutely nothing so far, and all of its “recommendations” were ignored in the 2026 spending bill that

This is seismic. When the Telegraph - the house paper of Brexit - publishes a 2,000-word obituary admitting: 📉 Brexit has cut UK GDP by up to 8% 📉 Investment down 18% 📉 Productivity down 4% 📉 Employment down 4% 📉 No trade benefits 📉 No regulatory freedom 📉 No immigration