Jon Favreau

@jonfavs ↗

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Last Checked April 3, 2023

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Mon Mar 13 15:07:39 +0000 2023

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Jon Favreau @jonfavs

@nycsouthpaw I realize it’s comforting to tell ourselves a neat little story about how only rich VC assholes were affected here, but the facts pretty clearly say otherwise. Plenty of reporting on this in just about every news outlet — PolitiTweet.org

Posted March 13, 2023

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Jon Favreau @jonfavs

@nycsouthpaw So your argument is that taxing banks will only lead to higher costs for consumers, but letting a bunch of start-ups and small businesses go bankrupt won’t lead to lots of layoffs and a broader bank run that could affect millions? — PolitiTweet.org

Posted March 13, 2023

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Jon Favreau @jonfavs

@nycsouthpaw Happy to answer these since the only thing I regret right now is trying to make a nuanced and complicated argument on Twitter: 1) I think there’s a good argument to be made for raising the FDIC insurance cap that a lot of very progressive policy folks have made this weekend — PolitiTweet.org

Posted March 13, 2023