Jordan Weissmann Profile picture
Yahoo Finance reporter in DC.
4 subscribers
Nov 4 4 tweets 1 min read
I don't care what your politics are. This is riveting. Here, Azealia argues that Democrats are not allowing in undocumented immigrants in order to have them vote, but rather so that we can offer them amnesty, then send them to fight an inevitable war with Russia and China. Image
Oct 30 4 tweets 1 min read
Core inflation fell to 2.2% in the third quarter, according to the Fed’s preferred measure.

GDP grew at a 2.8% rate.

Unemployment is at 4.1%.

Took a while to get there, but it looks like we’ve achieved a low-inflation, full employment economy. A lot has obviously been written about how Trump’s tariff and immigration plans could derail that.

Another, related problem is that it’s just very hard to improve on it. There’s lots of room for deterioration, not much room to amp numbers up.

Now…
Jul 15 4 tweets 1 min read
Between Trump's proposal to end taxes on tips and Biden's idea to cap rents, this election is becoming a showdown over who can come up with the populist policy proposal economists will hate most. So, an update now that we know more:

Biden's move is looking pretty modest. It's a two-year move that would strip accelerated depreciation tax breaks from large landlords if they raise rents by 5% or more. Not exactly national rent control. That said...

whitehouse.gov/briefing-room/…
Apr 12 7 tweets 2 min read
The thing about this talking point is that I know everybody in the White House, including the comms shop, is smart enough to understand how disingenuous it is. PPP was designed as a "loan" for administrative reasons. In reality, it was meant to act as a grant with strings attached.

If Republicans were attacking something like public service loan forgiveness, then the comparison would make more sense.
Jan 18 6 tweets 2 min read
People on the left are rolling their eyes at this, but Bernie's own campaign clearly understood that its online surrogates like David and Bri were a problem.

Personally, I realized that one day after getting into a Twitter fight with Bri. A couple hours later... Image ...I got a friendly, unprompted email from Bernie's actual press operation offering to talk with me about the issue we'd been going at it over, which led to a nice off the record chat w/ a staffer.

I later found out that they were doing those sorts of cleanup jobs regularly...
Dec 18, 2023 7 tweets 2 min read
A large portion of the left appears to be devoted to scoring flimsy rhetorical points about the expiration of pandemic aid programs at the risk of re-electing Donald Trump. I understand that the long game here is to try and convince Democratic presidents that if they don't satisfy progressive demands, a portion of their base will stay home. But the lesson Democrats seem to be taking is that the left will just never give you credit for anything.
Oct 22, 2023 9 tweets 4 min read
What’s even the argument that Biden ‘lied’ about student loans at this point? He did it, went to the Supreme Court, and lost. Is the complaint that he didn’t lose with enough feeling? This idea is going to live on forever among a certain segment of Twitter but it’s obvious at this point that the HEA argument would fail just as badly with this court.