Discover and read the best of Twitter Threads about #opm

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The recent @uscensusbureau report on poverty shows a dramatic decline in 2021. This decline is in part due to the organizing of the #poorpeoplescampaign (&others) for policies that center the poor. Problems that remain are in part because those policies have so far been temporary Image of the Poor People's and Low Wage Workers Mass Assembl
Make sure to look at the #supplementalpovertymeasure numbers. The #SPM is a much better measure than the #OPM because it accounts for govt programs, common expenses and differences in costs of living. This is the measure we focus on.
Although better, the SPM threshold is still too low: for a 2-adult, 2-child household, the SPM threshold was about $31k. $31k is just 1/3 of what this family would need to live in Chicago. It's 1/2 of what they would need to live in Holmes County, MS.
Read 9 tweets
I think not a lot of people understand the difference between two very important return ratios : operating margins and roc/roic. Both seem very similar but there's a huge difference. Both have their own merits that help you understand the key competitive advantage of any business
Operating margin/ebitda margin simply means how much value a company can add to its raw materials to sell the final product. It has two key elements - sales and (cogs+sga). So if a company has high ebidta margins it simply means two things :

1. That the company is able to
Cut costs efficiently or is able to make products that are difficult to make or need some process expertise (if everybody could make it the the cost would drop). For this two examples come to mind - look at cos like Divis and clean science. They have been able to maintain 30%+
Read 6 tweets
#China built a surveillance database on Americans from stolen/hacked data, such as the #OPM hack, and some US software developers helped them build & implement it.

I’d love to know who those (treasonous, IMO) developers were.
According to the insider, the database is very similar to China’s social credit scoring system that tracks every detail of Chinese citizen’s lives, upon which China Asians them a “freedom score.”
The software they used to build it out was originally a #BigData analytics program for #SmartCities, like the one Google wants to build in #Toronto.…
Read 3 tweets

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