Understandable Economics
@UnderstandEcono
The new book for anyone seeking a better understanding of our economy without the usual jargon, formulas, graphs, and unrealistic assumptions: http://amzn.to/3xpHEjx
Another giant Republican giveaway to the wealthy, this one hidden in the Educational Choice for Children Act. The tax rate that may drop below zero - from @thehill and @UnderstandEcono thehill.com/opinion/financ…
The tax rate that may drop below zero tinyurl.com/bdzekbks
The tax rate that may drop below zero. @thehill thehill.com/opinion/financ…
Mamdani cannot visit a nation that he feels overreacted to being invaded but has no trouble visiting a nation that has the death penalty for gays. #nycmayor nytimes.com/2025/07/20/nyr…
Really interesting and thought provoking conversations are rare. Here is one of them. @TIRShowOakland youtu.be/9ZEfZU9y7DU
@UnderstandEcono believes heightened recession risk remains in place as economic changes caused by tariffs finally get through the lag period and show up in numbers. In this clip from @MoneyLifeShow 7/15, he says we're in uncharted territory. (Plus @MarkNewtonCMT & more!)
Because the YTD deficit is $1.34 Trillion or so and will continue toto grow.
The United States had a 27 billion dollar budget surplus in June. This is a very big deal. I wonder why the media isn't covering it?
Article I, Section 8, Clause 1 of the Constitution states: "The Congress shall have Power To lay and collect Taxes," not the President. Tariffs are a sales tax on certain goods. So, what is going on here? nytimes.com/live/2025/07/1…
"Economics is not as complicated as economists make it out to be." Listen (at 20:15) to Howard Yaruss on @WWDB_AM_860's Brian and Lee Show discussing his book, UNDERSTANDABLE ECONOMICS: bit.ly/44I1SUx @prometheusbks
YOU CAN'T UNDERSTAND TRUMP IF YOU DON'T UNDERSTAND OUR ECONOMY UNDERSTANDABLE ECONOMICS (winner of Axiom Business Book Award's Bronze Medal for Economics and Amazon bestseller) breaks down our economic system in a clear, engaging and nopartisan way. amazon.com/Understandable…
Legislators who sincerely believed we can no longer afford food programs and health coverage for millions of Americans would show sorrow not elation. x.com/i/status/19408…
Republicans dancing after Speaker Johnson signs the OBBB
This is literally not in the bill.
Winning, winning, winning, and more winning.
Government run grocery stores: Bad Presidential run steel company: fine. thebulwark.com/p/trumps-about…
Most Americans don't know that tax rates on investment income are lower than on work income. Almost no one seems to know that the new Senate tax bill reduces the tax rate on a large share of investment income to ZERO. Spread the word. cnn.com/2025/06/06/bus…
A long long time ago, in a far away galaxy... the US used to tax the rich
Wait. I thought China would pay for the tariffs - and Mexico for the wall, Qatar for the plane, etc. There is one source of cash for the US government - and it is not abroad. nytimes.com/2025/05/17/us/…
A picture is worth a thousand words: We elected leaders who promoted and funded "development" policies which resulted in what you see below. If you don't like the result, be more careful next time you enter the voting booth.
Maybe we shouldn’t have done this to every single downtown and built a country around cul de sacs and strip malls, exclusively. Thetransitguy.substack.com