In my opinion, this is an absolutely major theme in the coming years.

A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc.

'Late stage capitalism' sure seems to beat...everything else.

Bama Dude Of course they are. Police could have immediately removed the protesters
twitter.com/DC_Draino/stat…

About a year ago, I warned that the benefits of a policy like this would be extraordinarily skewed towards high earners.

Higher debt -> Higher earnings
Higher debt - > Longer repayment plan (and more benefit from cutting off payments after 20 years)

forbes.com/sites/prestonc…

PWBM estimates that the average beneficiary of this policy has a household income of $313,000.

People block bridges in SF and somehow it takes hours for police to arrest them. It should take 5 minutes. Is laughable to watch the coddling and release of all kinds of lawbreakers across the country, but especially in California and NYC. Is just silly and sad.

Median size of a dwelling in every US state vs the same thing in Europe. 👀

Bach: orphaned at age 10. Lost first wife and 10 of his 20 children in infancy. Walked 265 miles to hear someone play organ music.

You: take a sick day because feeling sad.

The best time to dam the East River to create more infill real estate was 1924, the second best time is now

The entire criminal justice system is inadequately funded with significant negative ramifications for public safety, protection of constitutional rights of accused, and rehabilitation/reintegration. I rarely call for more govt spending but it's necessary here.
via Charles Fain Lehman

The man can't even focus on the China threat because he's too distracted with his own bullshit.

Trump blew up meeting on China threat by obsessing over Stormy Daniels: AT&T CEO

rawstory.com/trump-stormy-d…

At least part of the reason why colleges have returned to mandatory standardized testing, besides being highly predictive of college success, is that LLMs have completely degraded the essay component as a reliable measure.

#Idiocracy

'Biden embraced Trump’s tariffs. It might be his undoing.' - via Fareed Zakaria washingtonpost.com/opinions/2024/…

A few more, just for fun:

Exceptional talent is rare and worth every penny.

Reporter: Pro-Choice of Pro-Life, which one is it?

Trump: You know exactly which one it is. When I was in New York and I was a Democrat, you know, Ronald Reagan was a Democrat… but if you look at what we’ve done with Roe…

Sen. Rubio is measuring manufacturing progress by job levels and ignoring the productivity improvements that have grown output w/ fewer workers needed. Which is good!

As Milton Friedman said, if jobs is the only goal, why not use spoons instead of industrial digging equipment?