John Lettieri
@LettieriDC
Co-founder @InnovateEconomy
Defund all these nonprofits and rents will go down. Cost of living will become reasonable in California These are the groups who want to make sure Gen Z will barely be able to stay in state scraping by on rent and many will never afford to buy homes
Oh no, anyways latimes.com/environment/st…
Social Security will go insolvent two years before the Mets stop having to pay Bobby Bonilla.
Wishing everyone a very happy Bobby Bonilla Day. Today, the New York Mets pay Bobby Bonilla $1,193,248.20. He is 62 years old and has not played for the team since 1999. He will continue to be paid $1,193,248.20 every July 1 through 2035.
I’m unable to stop thinking about this.
New paper & surprising result. LLMs transmit traits to other models via hidden signals in data. Datasets consisting only of 3-digit numbers can transmit a love for owls, or evil tendencies. 🧵
NEW: There’s been a lot of discussion lately about rising graduate unemployment. I dug a little closer and a striking story emerged: Unemployment is climbing among young graduate *men*, but college-educated young women are generally doing okay.
SCOOP: Trump taking new steps to block wind and solar projects, undisclosed memo says. Interior Sec Doug Burgum will have to sign off on any permits on federal lands. Stems from recent EO targeting tax credit phaseouts in megabill. w @zcolman subscriber.politicopro.com/article/2025/0…
SCOOP: Trump taking new steps to block wind and solar projects, undisclosed memo says. Interior Sec Doug Burgum will have to sign off on any permits on federal lands. Stems from recent EO targeting tax credit phaseouts in megabill. w @zcolman subscriber.politicopro.com/article/2025/0…
GenZ is making more money than the rest of us. Good. We still have a lot of inequality. Bad. Even Hayek cared about relative incomes. Good news: Wage growth for bottom 10% is catching up.
Median wages aren’t everything—but they’re not nothing either. In fact, even when we dig into the shortcomings, one story remains consistently true: The return to work is at a record high.
Trump has ordered the Nuclear Regulatory Commission to overhaul its rules and processes in an effort to revitalize nuclear power. This is an example of how deregulation could be more stimulative to growth than tariffs or tax cuts. My column elaborates: wsj.com/economy/trumps…
Does Francis Fukuyama live in a padded cell at this point how does that work?
Does Francis Fukuyama live in a padded cell at this point how does that work?
This mindblowing discovery about NYC (and Boston and Seattle)--that they actually collapsed on a Rust Belt scale before reinventing themselves within the same physical infrastructure--is one of the best parts of Glaeser's MIT open courseware lectures
new york city is just as much a post-industrial place as anywhere in the rust belt, but besides economic historians and old union activists, very few people intuitively think of new york city that way. i guess the difference is that the services "hand off" actually happened
The Great Transfer-mation is ESSENTIAL #BigBeautifulBill reading. Government transfer payments constitute a larger share of local area income than ever before. Is that a status quo to be preserved? No, but it means the stakes couldn't be higher. eig.org/great-transfer…
It would be quite something if this marks the beginning of the world’s 5th largest economy — home to the world’s greatest innovation ecosystem — finally deciding to get out of its own way.
ITS HAPPENING!!! All new housing projects under 50 units in the state of California will be exempt from CEQA!! The state is finally coming to its senses!