Chirag Lala
@CtheLala
Indian-American | Director of Energy @PubEnterprise | PhD Candidate @UMassEcon | macroeconomics, industrial policy, investment, decarbonization, grids, finance
Imo this gets it wrong. If progressives don’t prioritize tight labor markets on their own merits, we won’t see them again. Nor anything more. We’ve seen labor markets like this maybe thrice since the 70s. This was the only one we built on purpose. It is a big structural change.
If Trump does win, one lesson I hope the (well-meaning) neoclassical left will learn is that "tight labor markets" just is not enough to improve people's live substantially. They need major institutional and structural change, not just lower unemployment and slightly higher wages
YIMBYtown in New Haven is going to be incredible this year. An awesome time to celebrate the bipartisan momentum for pro-housing reforms across the country and continue to work toward doing even more. Check out the set of topics and speakers here: yimby.town/schedule-2/
Re grocery stores. I haven’t checked in since folks were calling automated registers “enshitification.” But there’s more variety. The stuff is better. And it’s increasingly available in more places.
There are quality of life improvements all around us, if people will just take a second to notice them. I’d never had sushi before I went college. It’s available everywhere now.
🚨 HOUSING WIN 🚨 Today, the Chicago City Council eliminated costly parking mandates for all residential zones located near CTA and Metra stops. 🥳 This important reform will lower construction costs and make it easier to build new homes across almost all of Chicago. 🏘️
Highlights Corbyn’s failure to set a policy on Europe. He either could’ve linked his project for the 2019 GE to the wider pro-EU opposition OR he could’ve diminished Brexit as a 2019 electoral issue by backing a softer option earlier. Instead he & the UK got the worst of both.
Inversely its also INSANE how well Labour did among 18-24 year olds under Corbyn, particularly after 2024 i kinda think it puts it in perspective a bit
Lots wrong with financialization discourse, but 1) the suspicion of ZIRP and 2) insistence that finance is the prime mover in squeezing capex take the cake. Not only are they contradictory, they ignore "non-financial" obstacles to investment!
What would have happened if Bush didn't bail out the big banks? Banks would have absorbed the losses in the financial system. Most of the large banks would have been closed and replaced with hundreds of smaller banks. The era of financialization would have ended ... focus on…
If the US was truly on wartime footing and wanted to develop shipbuilding capabilities, it would just encourage the Japanese & Koreans-- *who are already exceptional at building ships* --to set up shop in the US, and facilitate sharing of key knowhow with the Dept of Defense.
Bizarre assertion by @SECNAV that US shipbuilding — which consumes large volumes of steel, heavily relies on imported parts/components, and faces zero foreign competition in the US market due to the Jones Act and other protectionist laws — will benefit from Trump's tariffs.
The great thing about 🇺🇸 is that the minute you become a U.S. citizen, you are every bit as American as someone who can trace their ancestry to the Mayflower. You become part of a lineage of ambition and freedom that, at its best, encapsulates the grandest aspects of humanity.
If I moved to America, how long would it take for me to become American? One day? One week? A year? Until I got my papers?
"the three nuclear plants upstate produced almost twice as much clean energy as all of the state’s wind turbines and solar panels."
The marvelous thing about America is your "American-ness" has nothing to do with your lineage, skin color, wealth. It's a choice people make for themselves.
I think if your family has hundreds of years of history in America you are frankly more American than somebody who migrated to America in 2015.
Filibuster supporters have argued that the 60 vote threshold is necessary to maintain a bipartisan budget process. But between this year’s CR, which Dems had to swallow, and the use of rescissions, that very much seems to be in doubt.
Hello all, here's where we are with the rescissions proposal: - This am: Senate debate continues - 1:30p: amendment votes begin - Senate will likely go until the bill is done. Current state of play: all proposed cuts, except the $400 M that includes PEPFAR, are likely to pass.
Let’s not reinvent Say’s Law nor re-hash the failed preemptive decommissioning discourse. You can’t negotiate demand with supply constraints. Any country with a history of residential + commercial load shedding could tell you that.
Hello all, here's where we are with the rescissions proposal: - This am: Senate debate continues - 1:30p: amendment votes begin - Senate will likely go until the bill is done. Current state of play: all proposed cuts, except the $400 M that includes PEPFAR, are likely to pass.