Albert Gustafson
@apgustafson
Anglican. Credit guy. Midwest partisan. Born along the Des Moines River, living along the Ohio River. God loves you, so do I.
“You are beloved of God, made in His image, precious in his sight, and created to participate in His Love.” —@Deolaudes as often as he could What a legacy to leave with so many.
the economics version of this
TRUMP CUTS TARIFF ON PHILIPPINE GOODS TO 19% FROM 20%
It always fascinates me how, during WWII, the US took a far more hands off approach to war production and how it resulted in out producing (in quality and quantity) both our allies and enemies With far less oversight than anywhere, the private sector armed the allies. 1/2
do boomers realize they're mostly still gonna be alive when we soft default in like 5-15 years thinking about this a lot lately what's their strategy here
When the intern walks you through the DCF he put together and it shows gross profit larger than revenue
WSJ: "Bongino has told colleagues that his association with the administration’s decision to keep the files private has eroded his credibility among the base of support that fueled his rise as a successful podcaster and media personality." That's what you want your deputy…
So let’s all get this straight. If Boeing buy heavy steel machinery from Germany, it’s going to pay a 15% tax. But if Boeing imports steel to make the machinery itself in Kansas, it owes a 50% tax? This is a smart idea?
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Call me radical but water should always be free
Toyota is up +8% on the news of a 15% tariff. Why? It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production,…
Rail is best used for freight while humans should fly through the sky at 500 miles per hour because they value their time.
This tariff stuff is ridiculous because you can grab a pen and paper, do some simple algebra as if you were an American firm and quickly realize that it’s stupid
The year is 2210. American & Chinese officials meet in Lisbon for the ceremonial "extending of the tariff deadline", celebrating the two countries' trade relationship in an annual tradition whose origins are now lost to history
Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm cnbc.com/2025/07/22/bes…
its kind of weird how bad, in practice, it has been to break up some monopolies. It seems like one of the few ecosystems that actually generates slush fund situations for very smart people.
Bell Labs was the original skunkworks. They invented: - Transistor - Laser - Solar cell - UNIX - C language - Fiber optics - Digital signal processing - Touch-tone - CCD (digital imaging) - Cellular networks and the model for lab-to-factory innovation pre-DFM
They can’t keep getting away with it
🚨 TRUMP: WE ARE THINKING ABOUT NO TAXES ON CAPITAL GAINS ON HOUSES
Howard Lutnick's investment bank Cantor Fitzgerald is offering to buy the right to businesses tariff refunds, basically betting that the courts will overturn the tariffs.
'water is transparent only within a very narrow band of the electromagnetic spectrum, so living organisms evolved sensitivity to that band, and that's what we now call "visible light". ' (found via HN)
Political project with the goal of enfranchising absolutely everybody: Hey why are politicians appealing to the lowest common denominator
The Republican Party slowly went insane over a two decade period leading up to Trump's 2016 campaign, and I fear something similar is now happening to the Democrats.
Okay let's clarify some things. Link below
Okay let's clarify some things. Link below
Prediction: 1) MAHA will continue to demand food changes that make no health difference 2) Americans will lose weight for the first time in decades due to GLP-1s 3) MAHA will take credit
.@PepsiCo just announced it will eliminate artificial colors and flavors from Lay’s and Tostitos by year’s end—and expand the use of avocado and olive oil in place of canola and soybean oil. I urge every other food company to follow their lead and join the movement to Make…
We are simply not going to get Mexican migration anymore, which has been net zero since the Obama administration.
📉 Yesterday, I reported a striking fact: Mexico’s total fertility rate (TFR) in 2023 was 1.60, lower than the U.S. rate of 1.62. 🔗 x.com/JesusFerna7026… Will Mexico’s TFR keep falling? There’s a good chance the answer is yes. Let’s look at the state-level TFR data from…