@pjdfive.bsky.social
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The data show Trump tariffs raising consumer prices by 0.6-0.7%.
Part of that is because Trump exempted many goods. But it was irresponsible to suggest, as Kamala Harris did, that a 10% tariff=a 10% sales tax on Americans. Tariffs are on wholesale prices. They were never going to cut that deep.
Part of that is because Trump exempted many goods. But it was irresponsible to suggest, as Kamala Harris did, that a 10% tariff=a 10% sales tax on Americans. Tariffs are on wholesale prices. They were never going to cut that deep.
How We Lost the Trade War
Tariff uncertainty may be waning, but the damage will persist
paulkrugman.substack.com
October 30, 2025 at 3:04 PM
The data show Trump tariffs raising consumer prices by 0.6-0.7%.
Part of that is because Trump exempted many goods. But it was irresponsible to suggest, as Kamala Harris did, that a 10% tariff=a 10% sales tax on Americans. Tariffs are on wholesale prices. They were never going to cut that deep.
Part of that is because Trump exempted many goods. But it was irresponsible to suggest, as Kamala Harris did, that a 10% tariff=a 10% sales tax on Americans. Tariffs are on wholesale prices. They were never going to cut that deep.
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“My change of mind in 2025 is that democracy, far from being the natural twin of capitalism, has to watch it like a hawk… The problem is the attitude that business instils in people: that everyone is negotiable, that a so-called extremist must just be bluffing.” www.ft.com/content/36c2...
When business and democracy don’t mix
Liberals were wrong to assume the two ideas are natural twins
www.ft.com
December 19, 2025 at 7:14 PM
“My change of mind in 2025 is that democracy, far from being the natural twin of capitalism, has to watch it like a hawk… The problem is the attitude that business instils in people: that everyone is negotiable, that a so-called extremist must just be bluffing.” www.ft.com/content/36c2...
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🚨🚨 SCOOP @ms.now : The Department of Veteran Affairs has quietly implemented its abortion ban following a DOJ memo issued last week.
This will affect 9 million veterans and their dependents, and has been a long time coming: It was outlined in Project 2025.
Read/share 👇
This will affect 9 million veterans and their dependents, and has been a long time coming: It was outlined in Project 2025.
Read/share 👇
Department of Veterans Affairs quietly implements abortion ban
A VA spokesperson confirmed to MS NOW that the ban was in place following a Department of Justice memo issued last week.
www.ms.now
December 23, 2025 at 4:37 PM
🚨🚨 SCOOP @ms.now : The Department of Veteran Affairs has quietly implemented its abortion ban following a DOJ memo issued last week.
This will affect 9 million veterans and their dependents, and has been a long time coming: It was outlined in Project 2025.
Read/share 👇
This will affect 9 million veterans and their dependents, and has been a long time coming: It was outlined in Project 2025.
Read/share 👇
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With fewer than 40 bills signed into law as of Dec. 22, the House and Senate set a modern record for lowest legislative output in the first year of a new presidency, according to data maintained by C-SPAN and Purdue University. https://wapo.st/3YPTQGo
December 27, 2025 at 1:30 AM
With fewer than 40 bills signed into law as of Dec. 22, the House and Senate set a modern record for lowest legislative output in the first year of a new presidency, according to data maintained by C-SPAN and Purdue University. https://wapo.st/3YPTQGo
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It’s pretty wild that the most rabidly anti-immigrant administration in recent memory is comprised of a President married to an immigrant, a VP married to the daughter of immigrants, an assistant AG in charge of Civil Rights who’s an immigrant (Dhillon), & it was all funded by an immigrant (Musk).
December 27, 2025 at 12:12 AM
It’s pretty wild that the most rabidly anti-immigrant administration in recent memory is comprised of a President married to an immigrant, a VP married to the daughter of immigrants, an assistant AG in charge of Civil Rights who’s an immigrant (Dhillon), & it was all funded by an immigrant (Musk).
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"Nathaniel Raymond, a public health scholar and the executive director of the lab, estimates that between 30,000 and 100,000 people may have been killed in six weeks, with 60,000 as a plausible midpoint."
Opinion | This Is What the Murder of a Whole City Looks Like
www.nytimes.com
December 27, 2025 at 3:26 AM
"Nathaniel Raymond, a public health scholar and the executive director of the lab, estimates that between 30,000 and 100,000 people may have been killed in six weeks, with 60,000 as a plausible midpoint."
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There's no way to know who's telling the truth because the U.S. government is a completely unreliable source of information.
A day after part of a missile fired by the United States hit their village, landing just meters from its only medical facility, the villagers of Jabo in northwest Nigeria are in a state of shock and confusion.
Fear and confusion in Nigerian village hit in US strike, as locals say no history of ISIS in area | CNN
A day after part of a missile fired by the United States hit their village, landing just meters from its only medical facility, the villagers of Jabo in northwest Nigeria are in a state of shock and c...
www.cnn.com
December 27, 2025 at 3:18 AM
There's no way to know who's telling the truth because the U.S. government is a completely unreliable source of information.
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what's funny about the CA wealth tax is that doing a one time tax, with a credible commitment to not do it again, is the *correct* way to do this... assuming people can't avoid the tax.
and yet because it's California, i imagine this will work out in the dumbest way possible
and yet because it's California, i imagine this will work out in the dumbest way possible
December 27, 2025 at 1:10 AM
what's funny about the CA wealth tax is that doing a one time tax, with a credible commitment to not do it again, is the *correct* way to do this... assuming people can't avoid the tax.
and yet because it's California, i imagine this will work out in the dumbest way possible
and yet because it's California, i imagine this will work out in the dumbest way possible
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In actual fact, one remarkable thing about Roman citizenship is that,.like American citizen, it was generally 'all or nothing' - a newly enfranchised veteran was instantly every bit a citizen as the bluest blooded senator.
December 27, 2025 at 12:52 AM
In actual fact, one remarkable thing about Roman citizenship is that,.like American citizen, it was generally 'all or nothing' - a newly enfranchised veteran was instantly every bit a citizen as the bluest blooded senator.
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When the emperor expanded citizenship to a community for loyal service, he sure as hell wasn't adopting them as his heirs.
The same obviously goes for soldiers getting citizenship on discharge.
The same obviously goes for soldiers getting citizenship on discharge.
December 27, 2025 at 12:50 AM
When the emperor expanded citizenship to a community for loyal service, he sure as hell wasn't adopting them as his heirs.
The same obviously goes for soldiers getting citizenship on discharge.
The same obviously goes for soldiers getting citizenship on discharge.
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Freed slaves, for instance, immediately became Roman citizens but they very much did not get adopted by their former masters.
There was an expectation they'd act as clients, but even that wasn't codified into law until quite late.
There was an expectation they'd act as clients, but even that wasn't codified into law until quite late.
December 27, 2025 at 12:49 AM
Freed slaves, for instance, immediately became Roman citizens but they very much did not get adopted by their former masters.
There was an expectation they'd act as clients, but even that wasn't codified into law until quite late.
There was an expectation they'd act as clients, but even that wasn't codified into law until quite late.
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Literally did the meme lol
December 26, 2025 at 10:51 PM
Literally did the meme lol
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This piece is a great illustration of how the long-term effect of Trump’s destruction of US institutions won’t be felt in a dramatic market collapse, but rather in permanently worse economic conditions, and lower prosperity.
giftarticle.ft.com/giftarticle/... So long, American exceptionalism
giftarticle.ft.com/giftarticle/... So long, American exceptionalism
So long, American exceptionalism
For the first time, investors are talking about ‘US risk’
giftarticle.ft.com
December 26, 2025 at 7:59 PM
This piece is a great illustration of how the long-term effect of Trump’s destruction of US institutions won’t be felt in a dramatic market collapse, but rather in permanently worse economic conditions, and lower prosperity.
giftarticle.ft.com/giftarticle/... So long, American exceptionalism
giftarticle.ft.com/giftarticle/... So long, American exceptionalism
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more confirmation that lurking clearly behind this idea of the “heritage american” is a straightforward contempt for the actual history and tradition of this country, such that vermeule has to hallucinate a framework to justify his desire to jettison the clear meaning of the 14th amendment
I had missed this latest delirium by Adrian Vermeule on birthright citizenship
'Common law?! NAH, it's the Roman law of adoption that should govern the interpretation of the 14th Amendment of the US Constitution!'
thenewdigest.substack.com/p/immigratio...
'Common law?! NAH, it's the Roman law of adoption that should govern the interpretation of the 14th Amendment of the US Constitution!'
thenewdigest.substack.com/p/immigratio...
December 27, 2025 at 12:01 AM
more confirmation that lurking clearly behind this idea of the “heritage american” is a straightforward contempt for the actual history and tradition of this country, such that vermeule has to hallucinate a framework to justify his desire to jettison the clear meaning of the 14th amendment
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I think one of the lessons that the huge success of congestion pricing in NYC is that charging a nominal upfront fee- even one far less the the levellized cost you are paying for elsewhere- is very good at cutting off the bottom 5% of bad behavior that makes things worse for everyone.
December 23, 2025 at 11:46 PM
I think one of the lessons that the huge success of congestion pricing in NYC is that charging a nominal upfront fee- even one far less the the levellized cost you are paying for elsewhere- is very good at cutting off the bottom 5% of bad behavior that makes things worse for everyone.
Reposted
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I was joking but the truth is dumber.
December 26, 2025 at 2:13 AM
I was joking but the truth is dumber.
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like if you look at the turnover at the VP/SVP level in big tech it was an absolute bloodbath where the worst guys got a rocketship into management while the best of the old guard all got promoted to fired. (got increases in title with zero reports.)
December 26, 2025 at 5:18 AM
like if you look at the turnover at the VP/SVP level in big tech it was an absolute bloodbath where the worst guys got a rocketship into management while the best of the old guard all got promoted to fired. (got increases in title with zero reports.)
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oh. that seems pretty obvious to me. like. you can see what happened. people stopped praising them and they reoriented their entire view of the world towards the people who told them that they would literally be kings. then the people who that happened to fired everyone who didn't.
December 26, 2025 at 5:16 AM
oh. that seems pretty obvious to me. like. you can see what happened. people stopped praising them and they reoriented their entire view of the world towards the people who told them that they would literally be kings. then the people who that happened to fired everyone who didn't.
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Nikola Jokić is the first player in NBA history with 55 PTS, 15 REB and 15 AST in a triple double 🎄
H/T @optastats.optajoe.com
H/T @optastats.optajoe.com
December 26, 2025 at 6:54 AM
Nikola Jokić is the first player in NBA history with 55 PTS, 15 REB and 15 AST in a triple double 🎄
H/T @optastats.optajoe.com
H/T @optastats.optajoe.com
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Year 1 data on congestion pricing in Manhattan…
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
December 23, 2025 at 2:00 PM
Year 1 data on congestion pricing in Manhattan…
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
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This project is using very big data to show what @jamellebouie.net keeps saying: the yglesias types aren't standing in reporting about some silent majority backlashing against CRT, DEI, and progressive racial ideology. They ARE the backlash.
December 21, 2025 at 6:58 PM
This project is using very big data to show what @jamellebouie.net keeps saying: the yglesias types aren't standing in reporting about some silent majority backlashing against CRT, DEI, and progressive racial ideology. They ARE the backlash.
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For generations scholars have debated about whether fascism was driven more by elites or the masses. I’ll just say that Bari Weiss is an entirely elite phenomenon
December 22, 2025 at 6:20 PM
For generations scholars have debated about whether fascism was driven more by elites or the masses. I’ll just say that Bari Weiss is an entirely elite phenomenon
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The full spiked 60 Minutes CECOT package, clean & subtitled. 1/5
December 23, 2025 at 1:28 AM
The full spiked 60 Minutes CECOT package, clean & subtitled. 1/5