Diane
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soonerdi.bsky.social
Diane
@soonerdi.bsky.social
140 followers 350 following 9 posts
Jesus Lover. Retired teacher. Blessed wife, mom, grandmother. New England transplant from OK. Sooners, Red Sox, OKC Thunder, Bruins.
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Reposted by Diane
cullenhendrix.bsky.social
There you have it. The Economic Policy Uncertainty Index (www.policyuncertainty.com) just hit an all-time high, surpassing its previous high from May 2020 - the teeth of the #COVID pandemic.

Consequences: worse investment climate, higher risk premia, (likely) higher interest rates...
We (the original researchers, not the poster) develop a new index of economic policy uncertainty (EPU) based on newspaper coverage frequency. Several types of evidence – including human readings of 12,000 newspaper articles – indicate that our index proxies for movements in policy-related economic uncertainty. Our US index spikes near tight presidential elections, Gulf Wars I and II, the 9/11 attacks, the failure of Lehman Brothers, the 2011 debt-ceiling dispute and other major battles over fiscal policy. Using firm-level data, we find that policy uncertainty is associated with greater stock price volatility and reduced investment and employment in policy-sensitive sectors like defense, healthcare, finance and infrastructure construction. At the macro level, innovations in policy uncertainty foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major economies. Extending our US index back to 1900, EPU rose dramatically in the 1930s (from late 1931) and has drifted upwards since the 1960s. The index for January 2025 reached its highest point of any time since the mid 1990s, when the primary index begins. It's higher than during the worst months of the pandemic, when global trade and economic activity slowed abruptly, causing a massive global recession. Greater policy uncertainty, or the degree to which markets and expert forecasters disagree about the likely trajectory of the economy, is known to delay investment and hiring (Bernanke 1983), reductions in spending by households and firms, and constrained credit, with more adverse effects for developing countries. The Economic Policy Uncertainty Index measures the degree to which businesses, investors, and economic forecasters are uncertain about government policies related to fiscal and monetary policy, trade policy, and regulation. Link for data: https://www.policyuncertainty.com/.
February 16, 2025 at 2:56 PM
Reposted by Diane
rbreich.bsky.social
DOGE is reportedly threatening NOAA with massive staff and budget cuts.

NOAA houses the National Weather Service and National Hurricane Center, which produce forecasts and warn people about storms.

This attack on public safety is ripped straight from the pages of Project 2025.
Doge staffers enter Noaa headquarters and incite reports of cuts and threats
Members reportedly sought access to IT systems at agency that Project 2025 has called ‘harmful to US prosperity’
www.theguardian.com
February 7, 2025 at 4:20 PM
Reposted by Diane
maxwellfrost.bsky.social
They’ve called armed federal officers to the scene. We aren’t dangerous. We are here to represent our people. To defend public education. This is an authoritarian regime. You cannot block members of Congress from entering the Department of Education.
February 7, 2025 at 3:18 PM
Reposted by Diane
timothysnyder.bsky.social
This tells you who their constituents are. Not American voters. Not Americans at all.
www.nbcnews.com/politics/nat...
Pam Bondi ends FBI effort to combat foreign influence in U.S. politics
The order also curbs prosecutions of Americans who improperly lobby for foreign nations. President Donald Trump says Republicans were unfairly targeted in the past.
www.nbcnews.com
February 7, 2025 at 4:26 PM
Reposted by Diane
cwarzel.bsky.social
New: We spoke to government IT employees/contractors about DOGE. Their warnings were dire. The people who maintain the systems that keep the country working are terrified. "This is the largest data breach and the largest IT security breach in our country’s history—at least that’s publicly known."
The Government’s Computing Experts Say They Are Terrified
Four IT professionals lay out just how destructive Elon Musk’s incursion into the U.S. government could be.
www.theatlantic.com
February 7, 2025 at 2:14 PM
Reposted by Diane
rebeccaallen.bsky.social
breaking a 103-year silence "by rigorous examination and a full accounting of one of the darkest episodes of our nation’s past. This report lays bare new information and shows that the massacre was the result not of uncontrolled mob violence, but of a coordinated, military-style attack on Greenwood”
DoJ releases its Tulsa race massacre report over 100 years after initial review
DoJ report acknowledges attack ‘was so systematic and coordinated that it transcended mere mob violence’
www.theguardian.com
January 11, 2025 at 2:59 AM
soonerdi.bsky.social
An excellent read or listen!
November 19, 2024 at 3:22 PM
Reposted by Diane
geauxgabrielle.bsky.social
Bluesky,

Today is my 2nd day on here as an escapee from The Bad Place. I am BEGGING y’all to repost this

I have $80,000 in scholarship money to give away to women and girls NATIONWIDE. I worked so hard to raise this money. Applications open THIS week. I’m scared the mass migration will impact this
November 11, 2024 at 2:49 PM