James Pethokoukis ⏩️⤴️ @JimPethokoukis Twitter profile

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James Pethokoukis ⏩️⤴️

4 months

The future we used to dream of is waiting. Here's how to make it happen, finally. 🚀⚛️🧬 THE CONSERVATIVE FUTURIST: How to Create the Sci-Fi World We Were Promised

The Conservative Futurist: How to Create the Sci-Fi World We Were Promised

www.amazon.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

The option I like: We don't sacrifice America's grandparents. We prepare the economy for a big pause and then a big restart. We act like the world's richest nation on the tech frontier and get our act together to contain and kill COVID-19. Anything less to our everlasting shame.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

GOLDMAN SACHS: "We find a national [facemask] mandate could ... cut the daily growth rate of confirmed cases by 1.0pp to 0.6% ... a face mask mandate could potentially substitute for lockdowns that would otherwise subtract nearly 5% from GDP."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

GOLDMAN SACHS: A Democratic "blue wave" would "likely result in substantially easier US fiscal policy, a reduced risk of renewed trade escalation, and a firmer global growth outlook."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

GOLDMAN SACHS: "A Biden win, especially in a "blue wave", would likely mean greater fiscal stimulus, more cyclical upside, less trade policy risk, and a weaker USD/stronger EM FX. Earlier vaccine availability would have directionally similar effects, in our view."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Twitter, a private company, has no obligation to let itself be a tool for insurrection.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

🚀 GOLDMAN SACHS: "We have raised our GDP forecast to reflect the latest fiscal policy news and now expect 8% growth in 2021 (Q4/Q4) and an unemployment rate of 4% at end-2021—the lowest among consensus forecasts—that falls to 3.5% in 2022 and 3.2% in 2023."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

"If because of a wealth tax ⁦ @elonmusk ⁩ had left PayPal with $60 million less, would #Tesla and/or #SpaceX have made it past 2008? Kaplan doesn’t think so. “Either SpaceX or Tesla would not exist."

🧐 Imagine an America with steep billionaire taxes — and without Amazon, Pixar, SpaceX, and Tesla

Also: 5 Quick Questions for … Brookings Institution scholar Mark Muro on the changing geography of tech

fasterplease.substack.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

JPMORGAN morning trading note: "Many clients have told us they are not worried about Omicron itself, but the reaction of governments."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

6 months

Zuckerberg is way richer than me, but I'm pretty sure that if I blew out my knee, I would have the same surgery as him. This simple truth, about how technological advances diffuse through a population, escapes critics of techno-capitalism.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

To try and cleverly pivot to "censorship" and away from the insurrection that happened just a few days ago displays utter moral confusion.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

a pond, they invented a pond

Natural-Pool Owners Are Kissing Chlorine and Other Chemicals Goodbye

Intense demand during Covid and a shortage of chlorine tabs have homeowners hopping from chemical-treated pools to greener alternatives.

www.wsj.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

This is a tough chart for Democrats.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

1 year

GOLDMAN SACHS (Hatzius): All major economies (except the UK) now look likely to avoid recession this year.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

8 years

Some eye-popping numbers on Clinton's growing popular vote lead, via at @TheAtlantic

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Turns out I am a one issue voter: American democracy

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Winston Churchill totally downplaying things:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

This is, to be charitable, an unserious person who continues to do serious damage to his country.

Tucker Carlson

@TuckerCarlson

2 years

The invasion of Ukraine is a humiliating defeat for Joe Biden. He is quickly draining the reservoir of American credibility and power that has accumulated over centuries of wise decision making.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

GOLDMAN SACHS: “... the costs of US tariffs have fallen entirely on US businesses and households, with no clear reduction in the prices charged by Chinese exporters. “

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

This new talking point that immigrants — even if they came here as children — are not *really* patriotic, trustworthy Americans ... is something.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

1 month

@johnjhorton Outstanding 11/10

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 months

Google DeepMind used a large language model to solve an unsolvable math problem

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

GOLDMAN SACHS: "Build Back Better Unlikely to Pass; Lowering GDP Forecast"

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

JPMORGAN: "We now look for a $1.7 trillion fiscal stimulus package (up from $900 billion) to be passed in March. ... we now expect 6.4% (4Q/4Q) GDP growth this year and 2.8% next year We see the labor market getting back to full employment, or around 4% unemployment, by 2Q22"

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Literally every Bernie explanation for every problem is corporate greed. Makes it easy to do economic policy because you don't have to know anything about economic policy. Or costs and benefits. Or trade-offs. Or unintended consequences.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

"By overwhelming margins, voters in Pennsylvania and Florida were repelled by President Trump’s conduct in the first general election debate"

Poll Finds Voters in Two Crucial States Repelled by Trump’s Debate Behavior (Published 2020)

Biden is ahead by seven points in Pennsylvania and five points in Florida, according to the Times/Siena survey.

www.nytimes.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

This US immigration data, from Goldman Sachs, is incredibly self-defeating:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Profiles in Courage 2015-2020 would be a slender volume. But this Raffensperger might make it.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

THREAD: 1/ The American economy is shutting down. An insta-depression (effectively) encouraged by government to stop the spread of #COVID -19. But the ongoing collapse of 30m small businesses will cause mass unemployment today and painfully slow recovery tomorrow.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

🚀 GOLDMAN SACHS: "In the US, we expect above-consensus full-year growth of 7% in 2021 ... 50% of the population expected to be vaccinated by May ... unemployment rate to fall to 4.1% and core PCE inflation to rise to 1.85% by year-end 2021."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

GOLDMAN SACHS on the policy impact of a blue wave:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

8 years

Kentucky Governor Signs Bill Untangling Hair Braiders from Unnecessary Regulations

Kentucky Governor Signs Bill Untangling Hair Braiders from Unnecessary Regulations - Institute for...

Arlington, Va.—In Kentucky it used to take 1,800 hours of irrelevant training to become a natural, African-style hair braider. That was because hair braiders needed […]

ij.org

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

"Hollywood is now pushing back. The market is simply not worth the aggravation anymore in attempting to please Chinese censors."

Top Gun’s Maverick Risks China’s Anger With Taiwan Flag on Jacket

Tom Cruise isn’t simply taking on what appears to be Russian-made fighter jets in his update to the 1986 classic “Top Gun”: He’s also angering China.

www.bloomberg.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Man, to despise immigrants *so much* that you're willing to undermine America's most valuable companies and opt for an economy that generates less wealth and opportunity for you and your kids. That's commitment!

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

JPMORGAN: "The number of permanent job losers increased by 534,000 to 3.411 million, a somewhat concerning sign of labor market sclerosis developing."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

GOLDMAN SACHS: Why Is US Labor Supply So Low?: "... we attribute about a third of the US participation shortfall to the form in which fiscal support was delivered, through generous unemployment benefits instead of job retention schemes."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

I believe we are still underweighting the damage from what may turn out to be a lost year and a half of schooling. And, amazingly, I believe we are still underestimating what a catastrophic debacle America's pandemic response has been.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

JPMORGAN: "Less than 18% of the adult population is reluctant to get vaccinated; less than 8% “definitely” won’t .... In our models, the number of anti-vaxxers is too small to materially change the timing of the pandemic’s end ... not a major risk to the economic recovery"

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

And just a brutal number on business investment, -3.0%. Second straight negative number. How's the trade war going?

BEA News

@BEA_News

5 years

The U.S. economy grew at a 1.9% pace in Q3.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

A nuclear-powered economy is a fantasy. Also, in 2020, nuclear energy accounted for 71% of total energy generation in France -- a completely non-fictitious country.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

"That was some weird shit.” - President George W. Bush

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

Is climate change a serious problem or not? Zero accidents anywhere for all eternity is a high bar.

CNBC

@CNBC

2 years

Nuclear power is on the brink of a $1 trillion resurgence, but one accident anywhere would stop that momentum

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

GOLDMAN SACHS: "Is there a solution to the national housing shortage? Economic research shows that relaxing the zoning rules and other regulatory constraints that have impeded homebuilding for decades would boost supply and lower prices and rents."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

I think we all know how this ends: foreign-born scientist in US develops vaccine, gets deported. #2020

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

I don't know what the right amount of quarantine time is. But a liquidation of the US economy also has health consequences, both long and short. We can't pretend there are no trade-offs.

Donald J. Trump

@realDonaldTrump

4 years

WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Another 2000 dead Americans today. Will be at 20,000 by the end of the week. Where would we be if the incompetence at the federal level was also seen at the state level in places like Washington, California, and Ohio?

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

As the prophecy foretold…

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 months

I heard America is no longer culturally relevant on a global scale here in the 21st-century

@jason

@Jason

3 months

Knew I should have gone to Tokyo for Taylor Swift

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Wow, a horrific 11-story dorm housing 4,500 students, 94 percent of whom would not have windows in their small, single-occupancy bedrooms. And it's designed by "amateur architect" and billionaire Charlie Munger of Berkshire Hathaway!

Architect Resigns in Protest over UCSB Mega-Dorm

He criticizes Munger Hall as "a social and psychological experiment" with unknown consequences.

www.independent.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

⏰ THREAD: 1/ The US economy is imploding. That’s the message of the plunging stock market and rising jobless claims. And Washington is not doing nearly enough to stop it. Forecasts of a deep recession followed by a strong recovery are too optimistic. Here’s why:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

Every protest in Paris, no matter the issue, looks like a film shoot for Les Misérables

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

🚨 GOLDMAN SACHS: 2022 Economic Outlook: Unemployment ⬇️ Inflation ⬇️ Growth ⬆️⬇️

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

8 years

Who do the Democrats run in 2020? Mark Cuban? Michelle Obama?

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Again, saying a socialist economy would work great -- if only it were allowed to trade with the rich capitalist country nearby is not the killer argument that socialists think it is #FreeCuba

Josh Kraushaar

@JoshKraushaar

3 years

AOC's Cuba tweet draws fiery response from Florida Dem - POLITICO

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

7 years

Why is US prime-age labor participation rate lower than in most other advanced economies? Goldman Sachs offers an explanation:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

GOLDMAN SACHS: "The US economy does not appear to be on the brink of recession at the moment." More:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

LOVE this. In my Substack, I asked @ATabarrok what he thinks of the argument that China's econ success, particularly in tech, points to a more viable industrial strategy than America's current approach:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Amazing bit of self harm.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

This whole fight over the Biden agenda seems like a behavioral psychology case study. Progressive Dems anchored their expectations when they thought the 2020 elections were going to be a big win -- and when they weren't, struggled to alter expectations

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

More calming words from Winston Churchill downplaying the Nazi threat in 1940 (via @JoeNBC ): "If this long island story of ours is to end at last, let it end only when each of us lies choking in his own blood upon the ground.”

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

🤔| GOLDMAN SACHS: "... labor supply appears to be tighter than the unemployment rate suggests, likely reflecting the impact of unusually generous unemployment benefits and lingering virus-related impediments to working."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Why does JPMorgan think a Biden win is a "neutral to slight positive" for stocks? Corporate tax hikes might not be so bad + Biden better on infrastructure, tariffs. Also less chaos.

James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

JPMORGAN: "The consensus view is that a Democrat victory in November will be a negative for equities. However, we see this outcome as neutral to slight positive."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Saying a socialist economy would work better if it was allowed to trade more with the super-successful capitalist country nearby is not the killer argument that socialists think it is #Cuba

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Another supposed right-wing exodus to Parler, you say?

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

President Trump should absolutely apologize to Fed Chairman Jerome Powell, a dedicated public servant and patriot, before day’s end.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

JPMORGAN: "Our outlook is broadly consistent with the desired soft landing, with job growth and GDP growth slowing while staying positive, the unemployment rate drifting up over time, and inflation moving back closer to target."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

To stop the collapse of US small business, we need $1.2-1.5t in grants, basically, to replace at least 80% of revenue ... for 3 months ... in exchange for no job/benefit cuts. IMMEDIATELY. Prevent mass unemployment today/enable strong recovery tomorrow.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

A week ago, they were forecasting a 4% drop | Morgan Stanley Sees U.S. Economy Plunging 30% in Second Quarter

Morgan Stanley, Goldman See Virus Causing Greater Economic Pain

Morgan Stanley and Goldman Sachs Group Inc. economists said the coronavirus will inflict greater economic pain than they previously expected as they warned of a record plunge in the U.S. output in...

www.bloomberg.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

All I'm saying is that maybe Democrats shouldn't nominate someone who thinks America is a garbage country that has done nothing good since it allied with the Soviet Union in World War II.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Kramer: “It’s a write-off for them.” Jerry: “How is it a write-off?” Kramer: “They just write it off.” Jerry: “Write it off what?” Kramer: “Jerry, all these big companies, they write off everything.” Jerry: “You don’t even know what a write-off is.”

CNBC

@CNBC

4 years

Elizabeth Warren says she can forgive student loan debt without Congress

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Real talk: Bugs Bunny is the far superior character to Mickey Mouse in every way. No contest. Same goes for Daffy Duck and Donald Duck, of course. Surprised this is not more widely acknowledged.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

If we even come anywhere close to bailing on Ukraine, it will a historic strategic blunder and perfidy -- and to our everlasting shame.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

How author and futurist Arthur C. Clarke saw the 21st century, a timeline:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

Again, here's the modern socialist formula for prosperity: Take a wealthy, technologically advanced society that *somehow* got that way 🤷🏼‍♂️ ... and then add socialism!

Garry Kasparov

@Kasparov63

4 years

As I wrote about Sanders and his supporters four years ago, "Americans talking about socialism in the 21st century is a luxury paid for by the successes of capitalism in the 20th." Rising inequality is a big problem, but getting Trump reelected isn't going to solve it.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

8 months

Greatest economic chart ever

Khoa Vu

@KhoaVuUmn

8 months

Apparently, all men have a favorite economic graph. Spill it, gents.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

This seems like a good answer from ⁦ @BetoORourke ⁩

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

Saying we are in "late capitalism" is like saying we are in "late oxygen" or "late gravity."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

If you get a chance, rewatch President George W. Bush's speech this morning in Shanksville, Penn. A call to civility and common purpose and love for each other.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Stop suppressing conservative speech, I beg of you, FB!

Facebook's Top 10

@FacebooksTop10

3 years

The top-performing link posts by U.S. Facebook pages in the last 24 hours are from: 1. Diamond And Silk 2. Diamond And Silk 3. Dinesh D'Souza 4. Candace Owens 5. PBS 6. Ben Shapiro 7. Sean Hannity 8. Ben Shapiro 9. Alexandria Ocasio-Cortez 10. Ben Shapiro

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

2022 US forecast from @IHSMarkit :

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

ONE RING TO RULE THEM ALL! VOTE!

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

How a healthy, serious nation operates

Michael Beschloss

@BeschlossDC

4 years

Defeated Jimmy Carter and President-elect Ronald Reagan on way to Reagan inaugural, January 1981: #NARA

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

No one tell them that leading GOP intellectual Tucker Carlson wants to turn Google into public utility and the Republican Treasury Secretary would like to investigate Amazon for practicing capitalism.

David M. Drucker

@DavidMDrucker

5 years

NEW: Wealthy GOP donors frightened of a socialist takeover in Washington have boosted support for House Republicans despite concerns about party’s direction. @dcexaminer

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

This defund police is stuff is an amazing political error.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

It's like we're still operating under the Articles of Confederation.

Eamon Javers

@EamonJavers

4 years

President Trump accuses some states of having “insatiable appetites” for medical supplies during this pandemic and being “never satisfied.”

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

I went to a conservative private Christian school in the Chicago area. And I learned slavery was really terrible and a stain on admirable goals the American Project. Assigned to watch "Roots." I kind of find the current controversy baffling.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

7 months

JC gonna flip

Republican Voters Against Trump

@AccountableGOP

7 months

Meanwhile on Truth Social:

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

This is why we have a 25 percent jobless rate and sky-high productivity growth.

Ryan Blevins 🧢 🏎

@Blevins2020

5 years

In 2004 Blockbuster Video had roughly 85,000 employees. In 2019 Netflix only has about 5,500 enployees. That’s what the automation does. It replaces large numbers of jobs, to create just a few new jobs. #freedomdividend #ubi #netflix

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

December Jobs: HUGE 312,000 new payrolls vs. 177,000 consensus. 3.9% unemployment rate, up 0.2%, as participation rate also rises. Over the year, average hourly earnings have increased by 84 cents, or 3.2%.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

BioNTech’s Mr Sahin said he expected the vaccine’s immune response to last for “at least one year” ... adding “There's a very low likelihood that a [mutation of] the virus can overcome the immune response"

Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective

Positive trial results could lead to shot being available for use by the end of the year

www.ft.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

A harrowing, scorching analysis by CNN's Nic Robertson on the utter inability of the Taliban to keep its promise to keep foreign terrorists out of Afghanistan. It will again be a safe haven for such groups.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

My gods. Hire @levarburton and be done with it.

Jeopardy!

@Jeopardy

3 years

New episodes of Jeopardy! continue this week with guest host @DrOz !

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

this is really outstanding

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

5 years

Fun thought: What if the US economy is improving because of all the stuff “American Greatness” nationalist populists disdain: immigrants, trade, Silicon Valley, economic dynamism. 🤔

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

2 years

JPMORGAN am trading note: "Tail risks diminishing post-CPI, sentiment improving for risk assets: signs that a peak in inflation is behind are growing, which reinforces the idea that Fed hawkishness is likely behind and a soft landing is increasingly likely."

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

7 years

I like drones that aren't captured

Donald J. Trump

@realDonaldTrump

7 years

We should tell China that we don't want the drone they stole back.- let them keep it!

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

7 years

"The only president to take office during a stronger economy is George HW Bush" via @FT

Donald Trump’s economic inheritance in 7 charts

Only recent president to take office during a stronger economy is George HW Bush

www.ft.com

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

🔥 JPMORGAN: "Revised GDP forecast of -2.0% annualized growth in 1Q, followed by -3.0% growth in 2Q. ... forecast assumes a fiscal response of about $500 billion. .... If the spread of virus moderates .... stage could be set for a return to growth in 3Q, when we forecast 2.5%"

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

1 year

When I think about the MAGA crowd, I think about the people who lived in Las Vegas in "The Stand." Pops into my head all the time.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

3 years

Setting aside monetary policy, the US fiscal package tackling the pandemic is over $5 trillion. Even the bit about the checks is wrong. What garbage.

John Cardillo

@johncardillo

3 years

You got $1400. Illegals are getting $86 million in luxury hotel rooms. And no, this isn’t satire.

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James Pethokoukis ⏩️⤴️

@JimPethokoukis

4 years

According to @CNN , Russian "strongman" Vladimir Putin has been operating in almost complete isolation from his residence outside Moscow. People can only enter through special tunnels where they are sprayed with disinfectant.

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