Justin Mackie
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meetjmac.bsky.social
Justin Mackie
@meetjmac.bsky.social
“We are not what we know but what we are willing to learn.” -Mary Bateson

http://datajustin.com
Hegseth needs to be fired ASAP.

He repeatedly lied on TV about the Signal leak to duck accountability. What message does this send to the troops and civilian military contractors with top secret clearance?
April 20, 2025 at 9:50 PM
You’re right. The lack of links beyond their own website is a problem. No credit to the OP.
March 2, 2025 at 4:26 AM
How can I buy long puts or synthetic puts on crypto? Multi-year tenor.
March 2, 2025 at 4:15 AM
Nice chart. 👍🏼

I would love to see effective tax rate by income bin with a wealth overlay. I last saw this in ProPublica’s Secret IRS files. But, the guy who delivered the info, Littlejohn, is imprisoned.
February 28, 2025 at 6:18 PM
So use LLMs to summarize and rerank LLM-generated crap? Ugh. I think this is what paid search like Kagi does.
February 20, 2025 at 1:14 AM
EIA reports the avg U.S. household uses 10,500 kWh in a year. You used nearly 4,000 kWh in one month.

You need to start asking questions about why usage is high. What home and away temps do you set? Any deficient seals or insulation? Fridge temp setting. Etc.
February 11, 2025 at 7:29 PM
Yes, my point was the CFPB has positive financial value from a taxpayer POV. There are certainly less measurable benefits like a higher-trust banking system.

I was not implying CFPB has profit targets or “quotas”.
February 10, 2025 at 10:33 PM
A few facts about the CFPB—

bsky.app/profile/meet...
The CFPB was created in response to the Great Recession. Recall the market situation was so dire our 74th Treasury Secretary puked from the stress.

CFPB spent ~$777 million in 2024 and only has 1,758 employees. Eliminating it would have negligible impact on the Fed deficit.
JUST IN: Acting director of US Consumer Financial Protection Bureau instructs all staff not to perform 'any work tasks’
February 10, 2025 at 6:31 PM
CFPB reports $19.7 billion in consumer relief in 13 years—an average of $1.5 billion/year. That exceeds their annual spend.

So in aggregate, the net dollar impact to taxpayers is positive. CFPB pays for itself.
February 10, 2025 at 6:27 PM
February 10, 2025 at 4:44 AM
That was a lot of numbers. For more numbers, my government data sources and calculations are posted below.

Here's to quality weather alerts, honest bailout-free banks, and airplanes that stay in the air.
February 10, 2025 at 4:44 AM
Surprisingly, over 60% of the 2.3 million Fed employees are *civilian* Defense employees! See below chart. In contrast, CFPB's 1,758 employee headcount looks low compared to their nationwide anti-fraud mission and the complexity of today's consumer financial products.

bsky.app/profile/usaf...
The Department of Defense has the most full-time employees with 775,100. Followed by the Department of Veterans Affairs (433,700), and the Department of Homeland Security (212,000).
February 10, 2025 at 4:44 AM