Justin Thyme 🌊
@JRRYG123
Liberal old white guy with critical thinking skills. Disdain for racist bigots/cults. #voteblue, #BLM,#itstheguns,#think,#TrumpIsNotFitTobePresident🌊💙
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In the past, most political parties had key voter demographics: young people, older people, males, females, etc. The MAGA party has some of the usual demographic groups as prior parties, but what sets it aside is that one of their key voter demographics is assholes. That's not…
Axios: Trump has admitted what economists, CEOs, and consumers already knew: Americans pay for tariffs. Trump's global tariffs, effectively the highest in nearly a century, are expected to cost the average household more than $2,300 a year. #TrumpTarrifs #TrumpIsUnfitForOffice
Today we launched a new segment: "The Professor Is In." We're taking a step back from the daily news cycle and I try to teach a bit about underlying economics forces that shape your life. I'm really proud of what we're trying to do. Lemme know if it works, or what to fix.
The professor is in! Trade agreement = marriage Trade deal = dating Trade talks/chats = just texting @JustinWolfers breaks down Trump's trade war and tariff negotiations like only he can!
Another version of the first slide with some additional labeling. 4/END
So I'm getting a +10% benefit from this bill, but I don't want it. I've traveled throughout Europe to know we already have it made tax wise. The focus should be on economic, wage, and population growth. Lifting as many ppl as possible expands our economy and exports our culture.
Another view of the cumulative distribution from the Republican tax bill. About 11% of the benefits go to those earning less than $80k, which was the real median household income in 2023 (latest data).
Here's the 2027 table with the details behind the bar chart above. Those earning over $200k get $339 billion in tax cuts (see Groups section) or 60% of the benefit. 2/
🧵JCT/CBO analyzed which income groups benefit most from the Republican tax cut bill. Of course, benefits skew to the rich. Chart shows % benefit by income group in 2027. Those earning over $200k get 60%. Those earning $100k or less get only 17%. 1/
The BOSS!
In case anyone thought Bruce Springsteen would back down after Donald Trump’s threats, last night he doubled down: “In my country, they're taking sadistic pleasure in the pain they inflict on loyal American workers. They're rolling back historic civil rights legislation that led…
THE MOST CORRUPT President and Administration in history.
This week, Trump will host a secret dinner with the top buyers of his meme coin. Reports suggest that the majority of the attendees will be foreigners. That's outrageous. Are these corrupt oligarchs? Do they have terrorist ties? How many are Putin cronies? We deserve to know.
Not to mention how many times Trump has broken the laws of the constitution.
Great question. Trump talking groceries with foreign leaders, reminds me of my mother in law when we decided it was time for assisted living. But she wasn't "losing it" on the world stage.
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