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Noah Smith @Noahpinion
, 6 tweets, 2 min read Read on Twitter
This week in Bloomberg Opinion: Why Trump's Opportunity Zone program isn't great, and why Clinton's Empowerment Zone program was great.

bloomberg.com/opinion/articl…
This week in Bloomberg Opinion: What if running the economy hot actually leads to higher productivity? It's worth a shot!

bloomberg.com/opinion/articl…
Tariffs are Trump's favorite trade war weapon, but in fact tariffs aren't a very good weapon.

bloomberg.com/opinion/articl…
Electric car subsidies are actually a really important policy in the fight against climate change.
bloomberg.com/opinion/articl…
The real China trade war is happening behind the scenes, in a series of furtive attempts to gain or maintain dominance in high-tech industries.
bloomberg.com/opinion/articl…
Tune in next week, for more exciting hot takes from Yours Truly!
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One thing I think would help reduce elite Millennial burnout/disappointment/rage is for people to stop thinking that their job should save the world.

"Save the world" and "make the world a better place" are probably just things employers tell you to get you to work for cheap.
Maybe your job will give you meaning and purpose and a sense of doing good for the world.

Or maybe it'll just make you some money so you can raise some kids, have some pet rabbits, and be active in your local community.

There's more than one way to get meaning in life.
Also, people glorify saving the world when it probably just gives you PTSD.

We like watching Star Wars and Lord of the Rings and whatever, but we wouldn't want to actually fight Darth Vader or slog through Mordor. That would cause major burnout!
Read 3 tweets
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1/Since Trump's demand for his Wall is in the headlines, I thought it would be a good time for a thread about a history book I just read:

"Dividing Lines: The Politics of Immigration Control in America", by Daniel Tichenor (2002)

amazon.com/Dividing-Lines…
2/The book starts out with a chapter or two of dense, unnecessary political science jargon, saying that - essentially - U.S. immigration policy tends to move very slowly, because powerful politicians and officials resist the tide of public opinion.
3/But most of the book is an extremely readable, eye-opening history of U.S. immigration policy, from the founding through the 1990s.

It shows how the immigration debates we're now having have been with us, in some form or another, for a very long time.
Read 27 tweets
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Thread about why very high tax rates on very rich people don't raise much revenue (or reduce inequality much, even within the top tier).

Our system has a million loopholes. Closing them is more important than raising top rates.
That's not to say there's a trade-off between raising the top rate and closing loopholes! They are complements, not substitutes.

But if you just raise the top rate without closing loopholes, you'll likely be disappointed.
The fact is, raising effective taxes on the very rich will require a comprehensive sustained push on a large number of policy fronts. There is not going to be one silver bullet.
Read 6 tweets

Related threads

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Trump: Day 712
-Day 12 of the #TrumpShutdown
-Vows 2 Keep Government Shutdown
-Went on a String of Unhinged Rants
-Lied About Illegal Immigration Stats
-Claims He "Essentially" Fired Mattis
-Defended Russia's Afghan Invasion
-Displayed Poster of Self During Mtg
Add...
Day 817 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
Add...
Day 668 of NO EVIDENCE produced by Trump that his phones were tapped by Obama.

The FISA warrant Trump referenced targeted Carter Page. #TrumpLies
Read 104 tweets
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AMERICA!!! AMERICA!!! This is what we need to do!!! AGAIN!
🔥🔥🔥💥💥💥💥🔥🔥🔥

Wait...what? What does AGAIN mean?

Well, let’s just see...shall we?
2). A meme was flown across Twitter over the past few months, coming to my attention again yesterday. I saved it so I could do this little investigation!
3.) According to this meme:
A. U.S. Immigration passed laws in accordance with the passing of the McCarran Walters Act of 1952., Revised & Re-Affirmed in 1965.

Chapter 2, Sec.212: As the PROHIBITION OF THE ENTRY INTO THE UNITED STATES IF THE ALIEN BELONGS TO AN ORGANIZATION
Read 64 tweets
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New #QAnon Thread

8/29/18

We Have the Servers

#QArmy #MAGA #WWG1WGA #Trump #potus #PatriotsFight #WednesdayWisdom @realDonaldTrump @POTUS
New #QAnon 1981.

foxnews.com/politics/2018/…

reuters.com/article/us-usa…

#QArmy #MAGA #WWG1WGA #Trump #potus #PatriotsFight #WednesdayWisdom @realDonaldTrump @POTUS
New #QAnon 1982.

nytimes.com/2017/05/20/wor…
Starting in 2010?
HRC Sec of State 2009 - 2013.
Coincidence?
Think Sever Access [granted]
Money talks.
[CROWDSTRIKE]

#QArmy #MAGA #WWG1WGA #Trump #potus #PatriotsFight #WednesdayWisdom @realDonaldTrump @POTUS
Read 28 tweets
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Trump: Day 558
-Wants Sessions 2 End "Witch Hunt"
-Asked by Mueller's Office 2 Interview
-Told 4,229 False/Misleading Claims
-Tweets Now Regarded as "Opinions"
-Looking 2 Admit Fewer Refugees
-R's Vote Down Election Security Bill
-Migrant Toddler Dies After Release
Add...
Day 663 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
Add...
Day 515 of NO EVIDENCE produced by Trump that his phones were tapped by Obama.

The FISA warrant Trump referenced targeted Carter Page. #fakenews #TrumpLies
Read 57 tweets
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Trump: Day 481
-Disclosure Admits Stormy Payment
-Senate Intel Shows Russian Support
-Kremlin Used NRA to Help Trump
-Calls Deported Immigrants "Animals"
-Cancels WH Press Briefing Again
-Walls Closing in on Michael Cohen
-Trump/Kim Summit Now in Question
-THIS IS NOT NORMAL!
Add...
Day 586 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
Add...
Day 454 since Donald Trump held a news conference.

Trump’s first and only solo news conference was on February 16, 2017.

What is he afraid of?
Read 67 tweets
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Trump Hotels' website still lists Trump SoHo New York among its properties in the Our Hotels menu. Select its name though to access its page and there's a message about it being renamed

bit.ly/2EPCSy1
National politics correspondent for Newsweek, Nina Burleigh, with a fun find on a TV above the bar at the Trump Hotel DC bit.ly/2E37QRR
Two errors in the 2nd graf of Breitbart's Trump Hotel DC article:
-holdings aren't out of @realDonaldTrump's hands: trust isn't blind & he can profit from it
-Trump Org told Congress it was estimating foreign receipts—not auto donating in full
bit.ly/2CpL7z2
Read 1562 tweets

Trending hashtags

#MAGA #Kiev #IRGCTerrorists #Putin #CPS #Mogilevich #Georgia #QAnons #thedonald #ControlledOpposition #POTUS #fakenews #MarALago #HelsinkiSummit #AwanBrothers #CzechRepublic #BUILDTHATWALL #badumching #pulitizer #Trump #Sater #Kremlin #Chicago #ReleaseTheMOAB #midterms

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