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Matthew Yglesias @mattyglesias
It’s time for Jay Powell to launch a “move in with that person you’re dating” campaign to help reduce rent demand. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Proud defenders of the Republic of Siena against the invading Florentines. https://t.co/XsjLGjoo1z — PolitiTweet.org
Matthew Yglesias @mattyglesias
One way to think about this is the pandemic-era increase in “real income” was illusory. We didn’t have a gigantic increase in the economy’s productivity capacity in the year 2020. The surge in balance sheets registered as non-inflationary because people weren’t spending. — PolitiTweet.org
Matthew Yglesias @mattyglesias
In inflation-adjusted terms we are now clearly below the pre-pandemic trend as post-pandemic scarcity is now inflating away the stimulus driven surge in accumulated money. https://t.co/9agUFkIDNF — PolitiTweet.org
Matthew Yglesias @mattyglesias
Nominal disposable income surged enormously during the pandemic because it was mostly low-wage workers who lost their jobs, and over 100% of lost labor income was replaced by stimulus payments. Recently nominal income growth has cooled but the “area under the curve” is big. https://t.co/bUdEvWEhm5 — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @ebwhamilton: So many people think that buildings in DC can't be taller than the Washington Monument, let's just make that the new rule — PolitiTweet.org
Matthew Yglesias @mattyglesias
In terms of impact on aggregate demand, the relevant figure isn’t average hourly wages it’s aggregate wages — i.e., average hourly wages times average hours worked times total number of employed workers. https://t.co/d7z7O7HgrP — PolitiTweet.org
Matthew Yglesias @mattyglesias
Wrote about this last month, but worth saying the CPI rent metric is a very laggy indicator and spot rents are already trending downward — just from a very high level. https://t.co/FegHW0ydjw https://t.co/TbtVAYARLs — PolitiTweet.org
Matthew Yglesias @mattyglesias
Striking chart from @jasonfurman — though unfortunately the way this data series is assembled melds together a compositional effect (pandemic layoffs were disproportionately of low-wage workers) and the impact of inflation. https://t.co/wE1rryLAgV — PolitiTweet.org
Matthew Yglesias @mattyglesias
It’s interesting which widely held false beliefs are and are not on the “misinformation” agenda. — PolitiTweet.org
Matthew Yglesias @mattyglesias
As @milansingh03 wrote for Slow Boring, these asymmetries are downstream of the fact that self-identified conservatives outnumber self-identified liberals or progressives by a large margin. https://t.co/XzK9neD6Rq — PolitiTweet.org
Amy Littlefield @amylittlefield
"While Republicans treat their violent, racist, misogynistic, homophobic, and transphobic activist branch as the gu… https://t.co/FBHSdba4Y4
Matthew Yglesias @mattyglesias
@lionel_trolling Yes! — PolitiTweet.org
Matthew Yglesias @mattyglesias
Everyone is pretty selfish and low on solidarity, so it makes a huge difference in practice whether or not the rightist political party is threatening to cut the retirees' public sector pension benefits. — PolitiTweet.org
Matthew Yglesias @mattyglesias
In America, most people own their home and most people own stock so they're at least a little bit capitalists. Most people work as employees so they have labor interests. But a very large bloc are retired, and some people are self-employed. — PolitiTweet.org
Matthew Yglesias @mattyglesias
We should define class in terms of people's relationship to the means of production. — PolitiTweet.org
Matthew Zeitlin @MattZeitlin
it's always funny when people say "you can't define class solely by income" and then their expanded definition of c… https://t.co/4LxWWnavVz
Matthew Yglesias @mattyglesias
Broadband *upload* speeds in Montalcino are terrible, hobbling the podcast sector of the economy. — PolitiTweet.org
Matthew Yglesias @mattyglesias
As Jeff explains the deal can’t be struck right now because of a breakdown of trust. What we need is to get into a world where Democrats embrace energy positivity — renewables are beautiful but so is gas & nuclear & geothermal. https://t.co/8irpi1OwHk — PolitiTweet.org
Matthew Yglesias @mattyglesias
As Jeff explains the deal can’t be struck right now because of a breakdown of trust. What we need is to get into a world where Democrats embrace energy positivity — renewables are beautiful but so is gas & nuclear & geothermal. https://t.co/wH2VEIulHb — PolitiTweet.org
Matthew Yglesias @mattyglesias
In the longer-run to go gas free you probably need an expanded nuclear sector — which of course the anti-gas groups also oppose. But in the shorter-term there just isn’t a clear gas/climate tradeoff. https://t.co/wH2VEIulHb — PolitiTweet.org
Matthew Yglesias @mattyglesias
In the longer run this is why you probably need a growing nuclear sector to get to zero emissions — which of course the same green groups that oppose gas also oppose. https://t.co/KHNEpDki5p — PolitiTweet.org
Matthew Yglesias @mattyglesias
The fact is that at current margins, gas complements renewables (because it’s cost-effective to spin up when intermittent production goes away) it doesn’t compete with them. https://t.co/KHNEpDki5p — PolitiTweet.org
Matthew Yglesias @mattyglesias
If you bring gas to New England, that crowds out home heating oil. If you’re able to increase LNG export capacity and send it to Europe, it crowds out coal. Both reduce emissions. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Since according to Jeff, the idea of pipelines to bring natural gas out of West Virginia is one of the sticking points between Manchin & the White House let’s talk about this. It’s a fossil fuel project but is there a real climate downside? — PolitiTweet.org
Jeff Stein @JStein_WaPo
So, the White House is willing to give Manchin approval for fossil fuel projects (a 300 mile gas pipeline in WV, eg… https://t.co/xMy5s0lO36
Matthew Yglesias @mattyglesias
If you’re concerned about equality, make the penalties for high-income drivers tougher don’t level down on reckless driving: — PolitiTweet.org
Tom Lee @tjl
what on earth is @councilofdc doing https://t.co/JhfofvnjeE
Matthew Yglesias @mattyglesias
@MattZeitlin Oh for sure — you go to war with the contract you have, I’m just thinking the odds that this actually ends with Musk owning Twitter are pretty low. — PolitiTweet.org
Matthew Yglesias @mattyglesias
https://t.co/i5AIlGJ1aO https://t.co/QsfpKEc8LQ — PolitiTweet.org
Matthew Yglesias @mattyglesias
Maybe … uh … make the deal? — PolitiTweet.org
Jeff Stein @JStein_WaPo
So they’re not approving these projects yet, & not blocking them either. Limbo. That's a problem for Manchin b/c if… https://t.co/O7L9b…
Matthew Yglesias @mattyglesias
Now unleashed from the shackles of the EU, perhaps Britain can overcome centuries of colonialism and achieve Ireland’s levels of prosperity. — PolitiTweet.org
Resolution Foundation @resfoundation
Kicking off our first session - stagnation nation - @GregoryThwaites shows how Britain has fallen behind its compet… https://t.co/eZYtuPPsu6
Matthew Yglesias @mattyglesias
@JosephPolitano I’m not sure United would have loved that idea — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @lawnerdbarak: @mattyglesias That is the most likely result. But the threat of specific performance, which the contract emphatically ind… — PolitiTweet.org
