Matt Darling ๐ŸŒ๐Ÿ—๏ธ Profile Banner
Matt Darling ๐ŸŒ๐Ÿ—๏ธ Profile
Matt Darling ๐ŸŒ๐Ÿ—๏ธ

@besttrousers

47,326
Followers
2,506
Following
10,534
Media
138,181
Statuses

Senior Employment Policy Analyst @niskanencenter . Chief Neoliberal Shill 2023. Labor/behavioral economics and causal inference.

Somerville, MA
Joined March 2008
Don't wanna be here? Send us removal request.
Pinned Tweet
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
19 days
Hey folks, I have a new big paper up at @niskanencenter . It's about the weird way that the USA finances our unemployment insurance system and how it is RUINING THE LABOR MARKET.
Tweet media one
16
106
594
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Fun day on twitter dot com.
Tweet media one
545
2K
51K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
6 months
We need causal inference classes in high school.
@ray4tesla
Ray
6 months
80% of Covid patients put on ventilators died. This is probably most shocking revelation unknown to the public.
2K
1K
4K
193
869
27K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
Which is about $2/person and 0.00002751572% of GDP.
@NBCNews
NBC News
7 years
The solar eclipse will cost America almost $700 million in lost productivity
Tweet media one
3K
2K
6K
57
659
21K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
This type of dense, swimmable mixed use urbanism is illegal to build in much of the United States.
@AllgeierLab
Coastal Ecology and Conservation Lab
1 year
The artificial reefs we built 6 months ago in Little Abaco are loaded with white grunts, lobster, and more!
205
4K
27K
36
940
17K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 years
Great article in today's @WSJ : "Faces of the Unemployment Insurance Crisis"
Tweet media one
50
2K
8K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
@johnjhorton You just got automated.
1
0
8K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
5 months
UK economy seems like things are going well.
Tweet media one
@paulgp
Paul Goldsmith-Pinkham
5 months
Feel like every twitter fight I'm seeing is just people zooming out further and further on a time series plot. Why not just zoom out all the way to start?
10
3
256
33
237
7K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Tweet media one
@RubinReport
Dave Rubin
2 years
I know a lot of people who regret getting the vaccine. Donโ€™t know anyone who regrets not getting it.
13K
6K
34K
63
870
7K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
The weirdest thing about these posts is the insistence that public school should teach stuff that is, by definition, ephemeral. There is no "taxes" skill you can learn at 15 and apply at 30 (that isn't just "literacy").
@Dr_LeDune
Dr. Chad LeDune
11 months
Say it louder!!
Tweet media one
242
175
733
290
311
6K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
7 months
"first recession"
Tweet media one
@Jason
@jason
7 months
Gen-Z is losing their minds in their first recessionโ€ฆ Iโ€™ve been through three of these as an adultโ€ฆ they suck, they last a couple of years, but they make you stronger. Just focus on adding skills and put in 2 more hours a day than your hardest working peers and youโ€™ll comeโ€ฆ
576
61
1K
66
260
5K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
This is interesting, but I would not be surprised if stuff like this ends up giving managers *distorted* views of individual productivity that actually makes management worse.
@HowThingsWork_
H0W_THlNGS_W0RK
3 months
Dystopian. This coffee shop uses AI to measure the productivity of their employees & also the time spent in the shop per customer. โ˜•๏ธ
435
1K
9K
170
241
5K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
8 months
It really is amazing that there used to be an over the counter sore throat remedy that was effective, and now there just isn't.
@JohnArnoldFndtn
John Arnold
8 months
Americans have been wasting billions a year on cold medicines like Sudafed & Benadryl with the active ingredient phenylephrine, despite conclusive evidence they don't work. But a report published yesterday may finally lead to the removal of these drugs from pharmacy shelves. 1/6
Tweet media one
322
424
2K
96
287
5K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
5 months
This is, perhaps, the worst economic reasoning I have ever seen
Tweet media one
@NoahCarl90
Noah Carl
5 months
I argue the claim "immigration is good for the economy" is so vague as to be meaningless:
69
62
565
127
214
5K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
8 months
Remember that "what happens when you give people money" is perhaps the most studied question in the social sciences. No need for wacky theorizing!
@AviSchiffmann
Avi
8 months
I think there would be mass suicide if UBI was rolled out
416
21
588
29
277
5K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
7 months
I swear this account lacks object permanence. (The US is less involved in overseas wars now than it was 3 years ago)
@WallStreetSilv
Wall Street Silver
7 months
At least we don't have mean tweets
Tweet media one
214
659
3K
77
179
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
@mia_antifa To be clear, I didn't actually do the calculation. ๐Ÿ˜œ
20
4
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
Regular reminder that "shrinkflation" is included in CPI calculations.
@WallStreetSilv
Wall Street Silver
9 months
Inflation? What inflation? Shrinkflation ... ๐Ÿ˜ฎ Was 50g Now 44g
Tweet media one
2K
3K
22K
40
166
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
8 months
Again, one reason "the vibes are off" is that lots of people prefer a world where people are desperate for jobs and willing to take anything they can get.
@redpilledhawk
RedHawk
8 months
You used to be able to reliably pull off any highway in America and get yourself a hotel room. Even at 2 AM. Now with nobody working, I have to stop long drives by 9 PM at the latest to make sure someone is at the desk. Little things like this keep adding up and its getting worse
273
122
3K
114
456
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
5 months
Iโ€™mma let you finish, but Jerome Powell had one of the softest landings of all time! One of the softest landings of all time!
@TIME
TIME
5 months
Taylor Swift ( @taylorswift13 ) is TIME's 2023 Person of the Year
Tweet media one
5K
27K
95K
57
289
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
"Will we ever have peace, Muad'Dib?" "We will have victory."
Tweet media one
22
232
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
The good old days, when the immigrant share of the United States was only 11%, instead of today's startling 13%.
@Sargon_of_Akkad
Carl Benjamin
4 months
This is what the world looked like before mass immigration, widespread racial and gendered guilt activism, and before bankers had totally screwed the economy for their own gain. People were just allowed to be themselves, and they did fun, wholesome things for their own sake.
2K
1K
16K
72
174
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
Worth remembering that this is standard operating practice in Scandinavia (even during the winter!).
Tweet media one
@greenhausghost
Alien Mother ๐Ÿ‘ฝ๐ŸŽง
1 month
Yall some girl left her NEW BORN INFANT BABY in a stroller outside the dispensary my husband works at to buy weed. Children shouldnโ€™t even be on the premises. They called the cops and banned her. If you canโ€™t get a baby sitter to go buy weed then you canโ€™t buy weed.
5
16
356
49
122
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
@B0BHitt What I really enjoyed about this is that lots of people know that the difference is *important* but not what the difference *is*.
10
10
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
"63% of Americans do not have $500 in the bank to pay for an emergency healthcare bill." This is inaccurate. Median household net worth is $192k, including $8k in checking accounts.
@SenSanders
Bernie Sanders
4 months
Last year, the richest 0.05%, those who own at least $100 million in wealth, made a combined profit of $8.5 trillion on their investments that will go untaxed. Meanwhile, 63% of Americans do not have $500 in the bank to pay for an emergency healthcare bill. We need a wealth tax.
1K
2K
10K
322
277
4K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
This...sounds like a really good methodology?
@DavidSacks
David Sacks
2 years
Twitter is toast.
Tweet media one
1K
2K
14K
85
109
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
It's 2013. Unemployment is 7.4%. CPI is 1.5%. The main impediment holding back the economy is that workers are too lazy. It's 2022. Unemployment is 3.5%. CPI is 8.2%. The main impediment holding back the economy is that workers are too lazy.
Tweet media one
@SylvanLane
Sylvan Lane
2 years
@besttrousers The common dominator between the two is "major shift in labor market only viewed through the lens of employers."
2
9
250
17
700
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
People talk about how the US has become a "low trust society" but when I was a kid you had to tell the cashier how much butter to put in your popcorn. Today, the popcorn butter dispenser is open to all.
Tweet media one
177
104
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
Tweet media one
@ReidChalker
Reid Chalker
9 months
The YIMBY concept of โ€œfilteringโ€ makes 0 sense to me. Iโ€™ve spent the last 20 years in two of the most expensive cities in the US for housing. I have not once heard someone say โ€œI would gladly move into a more expensive apartment just because itโ€™s nicer.โ€
136
16
177
36
110
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 years
It's outrageous that the Federal Reserve is putting $1.5 trillion into capital markets. With that money, the Federal Reserve could give every American a $3,000 loan right now, that they would need to pay back tomorrow morning.
40
501
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 months
We should also rescale feet so "10" is a really tall person and "1" is a really short person.
@tomgara
Tom Gara
2 months
As a lifelong Celsius guy who has been reluctantly dragged into Fahrenheit over the last decade I think โ€œscaled to human experienceโ€ is in fact the biggest thing Fahrenheit has going for it (and same goes for most imperial measurements)
40
22
655
72
73
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 months
My entry in the "Pinewood Derby: Dads" competition is not particularly aerodynamic.
Tweet media one
44
80
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
This is a very weird belief to maintain after a 3 year period in which the government started several temporary programs, which all expired.
@LibertyCappy
Declaration of Memes
10 months
2 weeks to flatten the curve!
Tweet media one
36
107
1K
42
105
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
@CommieDirtbag @mquintos @Noahpinion You did not know that this existed 5 minutes ago.
19
63
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
6 months
My basic take is that Marvel used to try to make different types of movies ("Winter Soldier" is 70s spy pastiche, "Ant Man" is heist-comedy, "Guardians of the Galaxy" is Buddy-SciFi). Now they just try to make "Marvel movies".
@Variety
Variety
6 months
This weekโ€™s Variety cover story: Crisis at Marvel: Jonathan Majors Back-Up Plans, 'The Marvels' Reshoots, Reviving Original Avengers and More Issues Revealed
Tweet media one
693
1K
7K
37
165
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
11 months
Got a lot of comments like this. It's wrong. Sometimes it's appropriate to scale data by the range, not including zero.
64
58
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
People on twitter will really be like "you believe in distributing anti-malaria nets? that pales in effectiveness to my strategy, firebombing a Walmart" and then not firebomb a Walmart
29
209
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Free distribution of malaria nets is estimated at stopping half a billion cases of malaria.
41
139
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
Tweet media one
@SteveLovesAmmo
Steve ๐Ÿ‡บ๐Ÿ‡ธ
3 months
Imagine what $113,313,000,000.00 could have done for America instead of Ukraine.
Tweet media one
3K
11K
40K
45
182
3K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
11 months
Krugman was right. Economic growth since 1998 has been disappointing.
@tunguz
Bojan Tunguz
11 months
I think about this a lot.
Tweet media one
2K
7K
81K
80
108
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
Tweet media one
@bengrossbg
Ben Gross ๐Ÿ”†
10 months
Jonah Hill discourse shows the limits of liberalism/consent-only ethics because what people really want to say is that his boundaries are bad even if heโ€™s honest about them and the other party agrees to them.
137
195
3K
15
137
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Mwa haha.
Tweet media one
61
31
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
I don't think it's dystopian to hire people in developing countries to do tasks.
Tweet media one
@themaxburns
Max Burns
1 month
Amazon billed its "Just Walk Out" stores as some triumph of AI. In reality, it was powered by thousands of low-paid Indian workers manually adding up items in your cart as you shopped. How insanely dystopian.
453
11K
46K
124
87
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
"39% of Americans are regularly skipping meals in order to pay their rent" This is not true. If you think it is true, you are dramatically out of touch.
@marwilliamson
Marianne Williamson
1 month
@RoKhanna "Acknowledge that people still have legitimate frustration and anger because the economy is not working for them?" - 39% of Americans are regularly skipping meals in order to pay their rent, Congressman. Millions are selling their blood plasma in order to survive. This is moreโ€ฆ
55
7
37
53
122
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
"So where you guys invested these days?" "Vanguard." "Vanguard." "Vanguard." "Vanguard." "Cool. Cool cool cool."
@lindaholmes
Linda Holmes thisislindaholmes.com
2 years
I realize it just feeds the beast, but it honestly makes me laugh so hard when I imagine people being like โ€œYOUR FRIENDS SHOULD WANT TO TALK ABOUT INVESTING AND CARDIO.โ€ Itโ€™s just the most boring thing I can imagine.
Tweet media one
213
259
7K
34
74
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
8 months
"Most Americans will never own a home or a vehicle." Bro, most Americans owns home or vehicle right now.
@JoeyMannarinoUS
Joey Mannarino
8 months
During the Great Depression in 1930: The average home cost $3,900 The average car cost about $600 The average rent was about $216 a year Meanwhile, the average salary was $1,300 per year. Today, in 2023 Joe Biden's America: The average house costs $436,000 The average carโ€ฆ
1K
5K
20K
88
80
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Regular reminder that the number of people working multiple jobs has gone down over the last 3 decades.
Tweet media one
@singingsox
โœจ๐ŸŽถKristennnn๐Ÿ‡ต๐Ÿ‡ธโœจ
1 year
Everything is way too expensive. We all work constantly, often multiple jobs. We have no savings accounts, pensions, or plans for retirement (lol). Many of us still rent at exorbitant prices. The planet is desperately trying to warn us to stop this lifestyle. And yet, here we are
60
670
8K
124
165
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
I really like this point
Tweet media one
@hankgreen
Hank Green
4 months
I think a harm of online activism is the "THIS IS ACTUALLY EASY" argument. I've seen lots of folks indicate that a single billionaire could solve homelessness, or that there are 30x more houses than homeless people so we could just give them all houses. These words areโ€ฆ
681
3K
21K
41
227
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
8 months
@CharlesFLehman Should put a sign on the box "do not use for meth".
7
12
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
"Nearly 12 million US workers may need to switch jobs by 2030, a McKinsey study found." Guys, 5.6 million US workers switched jobs in July 2023.
45
159
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
I cannot emphasize enough how no one will remember this incident next week.
@bdomenech
Ben Domenech
2 years
I feel like Australia underestimates how this Novak Djokovic incident is going to tar the entire nation as fundamentally anti-freedom, and a place you should not visit, for a long time to come.
4K
2K
11K
40
110
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
There should be a tax penalty for thinking that your marginal tax rate is your effective tax rate.
@SkotiVi
Skoti
1 year
@mrbergmann @unusual_whales Here is what $400k a year gets you in NYC: ~50% tax (city + state + federal) = ~$16.5k per month take-home Decent 2-bedroom apt: ~$6k Savings/Retirement deposit: ~$5k Groceries: ~$1k Car expenses: ~$1500 Entertainment: ~$2000 Utilities: ~$1000 Itโ€™s not extravagant.
1K
23
309
31
97
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Most Americans do not live paycheck-to-paycheck: - The median American household has a networth of $193k. - The median American household holds $8k in transaction accounts (checking/savings). - 54% of adults claim to have cash savings that could pay for 3 months of expenses.
@bungarsargon
Batya Ungar-Sargon
4 months
We're endlessly lectured by progressive elites in politics and the media about how GREAT the Biden economy is. It actually is greatโ€”if, like the elites lecturing you, you own a house and have a stock portfolio. But for most Americans who live paycheck to paycheck, it's awful.
227
46
239
216
200
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Hot take: Low-cost interventions that save millions of lives are under-, not over-, discussed.
@Tyler_A_Harper
Tyler Austin Harper
4 months
@xriskology Omg these people and their fucking malaria nets enough with the malaria nets already
13
0
24
27
79
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
As we all know, the people recorded on video in 1923 were a carefully chosen random sampling of the population.
16
38
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
6 months
When the economy was good (because you could get people to provide you services because of a lack of better employment opportunities).
@michaelrbock
Michael R. Bock
6 months
tbt to the glory days of 2016 when an Uber was under $2
Tweet media one
178
864
9K
60
121
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
You are unable to live in housing that is currently under construction.
35
60
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
Under Neoliberalism we will not provide enormous subsidies to inefficient modes of transportation.
@dsa_losangeles
DSA-LA ๐ŸŒน
7 years
under socialism all the parking lots downtown will be collectively owned and free for the working class.
115
16
151
41
82
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Tweet media one
@JediofGallifrey
Gallifreyan Jedi
2 years
me, spraying a firehose of money at a bunch of war shit: we can't afford covid releif it would damage the economy just shut up about it already
26
61
384
29
186
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Didn't happen.
Tweet media one
41
95
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
Tweet media one
@axios
Axios
4 months
๐Ÿ˜ 63% of Americans rate their current financial situation as being "good," including 19% of us who say it's "very good," according to findings from our Axios Vibes survey by The Harris Poll. Americans' outlooks for the future are also rosy.
134
479
1K
34
175
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
We have good data about layoffs! The last three years are the years with the *fewest* layoffs. That's part of why folks are saying the economy is good!
@IBJIYONGI
Chanda Prescod-Weinstein
4 months
I am tired of hearing how great the economy is while hearing daily about layoffs
17
660
3K
37
112
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Hepatitus, Rotavirus, Tetanus.
@ZubyMusic
ZUBY:
2 years
Tell me some other 'effective' vaccines that require 3-4 injections per year and still don't prevent you from getting the disease.
406
2K
10K
21
114
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
Median UChicago Economics seminar presentation.
@crazyclipsonly
Crazy Clips
3 months
Body armor company demonstrate their โ€œstab protectionโ€ vest on their CEO
2K
4K
65K
24
78
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
People's concept of the pandemic timeline is so weird. Stuff was generally open by 8/4/2021. People were going to the movie theaters to watch "Fast and Furious 9" that summer.
@dom_lucre
Dom Lucre | Breaker of Narratives
10 months
On August 4, 2021, President Obama and First Lady Michelle were accidentally exposed for being a hypocrite and an elitist by singer Erykah Badu who leaked this video of Obama dancing at his 60th birthday bash. This was during strict COVID restrictions with Jay-Z, Beyonce, Johnโ€ฆ
776
5K
17K
63
56
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
Honestly, 12% of people being willing to host immigrants in their *homes* seems fairly high?
@PpollingNumbers
Political Polls
3 months
Do you want to host immigrants in your home (Massachusetts Voters) No 79% Yes 12% 96% of Republicans said no, and 68% of Democrats said no.
40
12
82
111
31
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
23% of American think unemployment - which is at historic lows - is "a very big problem".
@johngramlich
John Gramlich
2 years
NEW: "The public views inflation as the top problem facing the United States โ€“ and no other concern comes close."
Tweet media one
208
541
1K
107
190
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
It is not true that 60% of families are living paycheck to paycheck. - The median American household has a net worth of $193k. - The same household holds $8k in transaction accounts (checking/savings). - 54% of adults have 3 months of expenses saved.
@deanbphillips
Dean Phillips
3 months
Kudos to the Biden Administration for strong macro economic growth. Iโ€™ll focus on ensuring more of that growth accrues to the 60% of Americans living paycheck to paycheck and 40% with < $400 in the bank. โžก๏ธAmerican Dream Accounts, Natโ€™l Health Insurance, Debt Free Education,โ€ฆ
Tweet media one
216
24
139
199
214
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
6 months
Vivek, don't announce the randomization assignment a year before treatment!
@VivekGRamaswamy
Vivek Ramaswamy
6 months
On Day 1, *instantly* fire 50% of federal bureaucrats. Hereโ€™s how: if your SSN ends in an odd number, youโ€™re fired. That downsizes government by half. Absolutely *nothing* will break as a result. It doesnโ€™t violate civil service rules because mass layoffs are exempt. SHUT ITโ€ฆ
9K
4K
36K
20
63
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
Once you install AI that counts how many cups you've made, individual employees have pretty strong incentives to stop cleaning the bathroom.
21
50
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
7 months
"The vax didn't work" is one of the weirdest beliefs. Even if you don't buy the original RCTs or the regression models - just like, look around?
@Dunesyy
Immortal Money Denny Dunes ๐Ÿดโ€โ˜ ๏ธ
7 months
@Noahpinion Bro they literally didnโ€™t work tho
61
1
366
23
43
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
7 months
"2/3 of our citizens are living paycheck to paycheck." This is not true Median household networth in 2022 was $193k. That includes $39k in financial assets and $8k in transaction(checking or savings) accounts.
@catturd2
Catturd โ„ข
7 months
Our country is being destroyed from within ... - Our border is purposely wide open and we're being invaded. - Our cities are crime-ridden hell-holes. Nobody is safe. - Our colleges are breeding grounds for hate. - We have more veterans and people than we can count who areโ€ฆ
2K
15K
58K
126
88
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
11 months
#3 is perhaps the most pessimistic claim I've ever seen.
@VivekGRamaswamy
Vivek Ramaswamy
11 months
TRUTH. 1. God is real. 2. There are two genders. 3. Human flourishing requires fossil fuels. 4. Reverse racism is racism. 5. An open border is no border. 6. Parents determine the education of their children. 7. The nuclear family is the greatest form of governance known toโ€ฆ
1K
3K
22K
33
26
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Regular reminder that the Federal Reserve is audited twice a year.
@Rothmus
Rothmus ๐Ÿด
1 year
Tweet media one
44
527
2K
19
78
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 months
Tweet media one
15
160
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
We are at a 20 year prime age employment rate high.
@PaulGoodman24
Paul Goodman
9 months
Does anyone work anymore? Went on a walk Monday at 11:00 am and there were young people everywhere. Working age people. Between all these 'creator' types, remote work, quiet quitting, etc... I honestly wonder how many people even work anymore. Is your city like that?
1K
103
2K
30
118
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
Non-managerial workers.
Tweet media one
@ninaturner
Nina Turner
3 months
Again, when people say the economy is โ€œbooming,โ€ we must ask โ€œfor whom?โ€
38
88
305
46
155
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
9 months
Personally, I thought the shortages were Bad.
Tweet media one
29
62
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Tweet media one
@maiamindel
Maia
1 year
People make many big claims about external validity but "giving people money helps them" is like the dumbest thing to have a very high burden of proof on - there's a lot of evidence!
7
19
302
3
180
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
4 months
The case for free distribution of malaria nets did not come from "logic" and "reasoning" practiced on message boards, but from careful large scale randomized trials that demonstrated that it was an effective method to prevent malaria.
@IwriteOK
Robert Evans (The Only Robert Evans)
4 months
anyone who claims to be entering an established field and reinventing it based on "logic" or "reasoning" skills they practiced in message boards is 100% going to fuck up whatever they try
34
110
1K
19
117
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 month
This is what every McDonalds looks like. The New Hampshire minimum wage is the same as the federal minimum wage ($7.25). The McDonalds all have automated kiosks.
@Ingrid_Jacques
Ingrid Jacques
1 month
This is the McDonaldโ€™s at the Minneapolis airport. This is what happens when the min wage is too high. Liberals think they are helping people, but theyโ€™re not.
Tweet media one
5K
190
1K
128
120
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 years
Tweet media one
9
287
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Tweet media one
189
109
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Prime age employment to population ratio is at a 20 year high.
@LibertyCappy
Declaration of Memes
1 year
Wait, $15 minimum wage didnโ€™t work? Letโ€™s raise it to $50! Meet The Consequences:
Tweet media one
2K
4K
35K
31
98
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
This strikes me as almost exactly wrong - the American economy works really well for 80% of us, but very poorly for the bottom quintile.
@marwilliamson
Marianne Williamson
1 year
The American economy works well for 20% of us. That 20% live on an economic island surrounded by a vast sea of economic despairโ€ฆ the inevitable consequence of govt doing more to serve the goal of short term profit maximization for its huge corporate donors than to serve theโ€ฆ
56
127
718
60
104
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
If you see me outside wearing a KN95 without anyone near me, please do not write a op-ed about it. They are just much warmer than traditional winter face masks.
29
56
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Human reviewers are going to be better at identifying bots than bots. The central limit theorem means that 100 randomly selected accounts/day (3,000/month) will give you a result very close to the true value.
22
24
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
Foreign exchange is a trillion-dollar a year industry, yet investors can't distinguish between euros and dollars in blind tastings, will rank currency higher based on the bond rating, and have even been fooled with a bit of food coloring into thinking paper is money.
19
109
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 years
@AGG_500 Living in Manhattan is a consumption choice. This is like saying "$400,000 isn't much if you own a yacht."
15
17
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
Stop.
Tweet media one
62
116
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 months
1.) Wages are increasing. 2.) Layoffs are historically low.
Tweet media one
Tweet media two
@thecindynoir
Cindy Noirโœจ
3 months
I just donโ€™t understand what the end goal is. Increasing cost of living, not increasing wages, and producing mass layoffs. Is this country trying to implode from the inside outโ€ฆ?!
135
426
2K
50
138
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
New @USDA egg price report dropped. We are on the verge of a deflationary egg crisis.
Tweet media one
78
140
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
5 months
Tweet media one
@VivekGRamaswamy
Vivek Ramaswamy
5 months
Itโ€™s clear the puppet masters have lost their use for Biden & are slowly sidelining him, but the real trick is who theyโ€™re propping up instead. Itโ€™s not Gavin or Michelle, as Iโ€™d assumed before. Itโ€™s far more insidious. Open your eyes, folks. Itโ€™s staring us right in the face.
5K
5K
42K
14
77
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 years
Tweet media one
18
172
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
"Wow, eggs are very cheap."
@ACTBrigitte
Brigitte Gabriel
1 year
What would the Founding Fathers say about the price of eggs today?
3K
345
4K
12
42
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
3 years
Vox is letting go of a lot of it's staff, presumably because they are concerned that the Biden administration will increase the minimum wage next year.
22
37
1K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
2 years
How much of people's experience of a "bad economy" is really "It is hard to get people to work in 'leisure and hospitality"?
@MarcGoldwein
Marc Goldwein
2 years
Jobs have almost recovered to pre-pandemic levels. ๏ฟผBut the mix of jobs has changed. Via @katekgen at @BudgetHawks
Tweet media one
22
111
302
44
217
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
10 months
>playing a prisoners' dilemma >ask the economist if the dilemma is one shot or iterated >she doesnt understand > | pull out illustrated diagram explaining what is one shot and what is iterated >she laughs and says โ€œitโ€™s a good dilemma sirโ€ >defect >its iterated
@the_aiju
Emily
10 months
being young is when you wonder why donโ€™t old people just defect in a prisonerโ€™s dilemma and growing up is when you realise itโ€™s iterated
21
75
862
16
128
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
12 days
It literally is not true.
@caroljsroth
Carol Roth
13 days
Iโ€™m sorry, this canโ€™t be true. Iโ€™ve been told by people with charts that the economy is amazing.
93
130
886
18
44
2K
@besttrousers
Matt Darling ๐ŸŒ๐Ÿ—๏ธ
1 year
She is wrong. Unemployment rates for young workers are at a 70-year low.
Tweet media one
51
140
1K