Matthew Yglesias
@mattyglesias
Slow Boring, cohosting http://politix.fm, Bloomberg columnist
Defrauded by a Canadian penny at Dunkin yesterday — real New England moment
Business conditions worsening due to erratic trade policy but investors believe Trump will keep the line going up somehow as banks push for laxer regulations on their risk-taking 🤔
Bessent is correct that the tariffs are a key part of the Trump Administration’s larger fiscal policy including tax cuts tilted to wealthy and cutting programs for most vulnerable. The end result is a major upward redistribution of wealthy:
BESSENT: TARIFF REVENUE IS 'BIG NUMBER,' COULD BE 1% OF GDP
With enough clean energy, you can solve basically all problems slowboring.com/p/theres-plent…
American water use is all about agriculture, not housing or data centers. slowboring.com/p/theres-plent…
Economic losses due to natural disasters are going up (in part because the world is getting richer so people have more to lose) but deaths are going down (in part because the world is richer so people are better protected). aon.com/getmedia/01e16…
AI data centers using water is the least of our problems with regard to either water or artificial intelligence. slowboring.com/p/theres-plent…
Oops: On Joe Rogan’s podcast in September 2018, Tulsi Gabbard acknowledged that Russia interfered in the 2016 election. Rogan called it “amazing” that it took until 2016 for foreign election influence to become a major issue in the U.S.
Legalize it
A 44 foot wide 6-plex. Can fit in any neighborhood lot ... and it's pretty! 1BR+Den, 740sf
Absolutely do not let these councilmembers launder the MAGA position they share with Vickie Paladino as progressive. It isn’t, and they should be shamed into reversing course.
The Charter Commission’s Final Report significantly weakens the City Council’s role in land use decisions. This shift toward executive control undermines democratic oversight and meaningful public engagement. I stand with my colleagues who are fighting back. Our statement below:
Need tariffs on foreign beef, on fertilizer and animal feed, and on farm equipment.
Reporter: More soaring prices at the grocery store. The cost of beef is hitting record highs across the country. Prices are up 9% since January, and beef is retailing at the grocery store for on average $9.26 a pound. That is a dramatic increase since the beginning of the year
I’m not convinced that firing Powell and bringing in a lackey even would bring down mortgage rates, the ten year, etc — the whole thing seems based on false premises to me.
Good ideas
NYC Charter Review Commission just voted on ballot proposals for the Nov. election: 1: Fast Tracking Affordable Housing – PASSED 2: Simplified review of modest housing – PASSED 3: Land Use Appeals Board – PASSED 4: Modernize the City Map – PASSED 5: Even-year elections – PASSED