boseph bice jr

@RepSwalwell @stoolpresidente Did you think it was funny when he mocked Karl Malone for being dumb in blackface?

@stoolpresidente He’s a fucking comedian

With Kimmel getting canned I’m seeing lots of people talking about the hypocrisy of cancel culture. To me Cancel culture is when people go out of their way to dig up old tweets, videos etc looking for dirt on somebody they don’t like in an effort to get them fired. Like if Kimmel got canceled for shit he did on the Man Show that would be cancel culture. But when a person says something that a ton of people find offensive, rude, dumb in real time and then that person is punished for it that’s not cancel culture. That is consequences for your actions

@brutedefarce This account is mega soft

Ya I support Pride Pushups Rock bottom Inhaling cig smoke Debt Existential crisis Few Research Institute

@PauloMacro What's ur hit rate on predictions?

PSA to who think there is a plan here — an adult in charge. At some point in the coming weeks/months, Timiraos will write a piece about how Trump and Bessent had a disagreement or heated exchange. The next day 2s10s will go from 50 to 150 and every G7 bond Podbro who thinks the 30yr is a layup here will ask their trader wtf is going on.

@PauloMacro Where's the inflation bud

So everyone is gonna run it hot in a massive capital cycle. And there are smart serious people arguing for disinflation/deflation here. So sorry… this ain’t your dad’s recession. Unless your dad is Brazilian. Then maybe it’s your dad’s recession.

@veritasPLANET @SpencerHakimian Uhh jobs 228 vs 140 expected # plus lower prices...it's ok to admit when good things happen

*US MARCH CONSUMER PRICES FALL 0.1% M/M; EST. +0.1% *US MARCH CORE CPI RISES 0.1% M/M; EST. +0.3% Very weak CPI. Economy is slowing.

@SpencerHakimian Bro how do u "run a fund" when u fearmonger tweet literally every 5 mins

If you’re an American factory that imports Chinese components (at 125% tariffs) to make finished goods, wouldn’t you consider shifting to Mexico over time now? You don’t have to pay a 125% tax for your Chinese components in Mexico. And your labor costs are obviously much cheaper.

@SpencerHakimian Maximum leverage over china

So Trump predictably had to cave. And now assets are ripping again. What was the point of the last week? Simple question.

@SpencerHakimian Have you reported that the 10y is down ~10% over past 3 months yet

Gold up +2.50% today while treasuries all die. Maybe the market learned that 104% imported inflation is actually inflationary and not deflationary?

@mario_anchor @JamesSurowiecki It's hilarious how quickly you all turned into champions of the system that has produced the worst income inequality in history to keep your 401k at all-time highs. You have precisely zero constructive ideas besides perpetual massive deficit spending. You are the conservatives.

@JamesSurowiecki Vice Chairman declares that we will be poorer and grateful in service of our new Cultural Revolution.

Here's the vice president of the U.S. saying that stocks were overpriced and should have fallen, even as MAGA supporters tell people that this is a temporary blip and the market will bounce back.

@BrokenAmerican_ @JamesSurowiecki Are stocks not inflated when 2 trillion in gov deficit spending accounts for 40% of gdp?

@JamesSurowiecki @pdxjask You hate exports. You went to elite prep schools and yale. You're deeply biased against manufacturing and the kinds of people do it. You've never done a single thing with your hands in your life. You're completely out of your depth on these issues.

@pdxjask Charge importers the tariff, give it to exporters as a tax credit. Because Trump hates imports and loves exports.

I thought the tariffs were going to raise revenue to help pay for the tax cut (or replace the income tax, if you believe Trump - which you shouldn't). Now it's going to go to subsidizing exporters. They're just making stuff up as they go.

@mu_phd @Z09752769 @JamesSurowiecki This is the disconnect: you're talking about a hypothetical "typical american" and ignoring real live human beings. Free trade created winners and losers. Also how does not being able to buy cheap fast fashion shoes and apparel from vietnam lowers anyone's "quality of life"?

@BosephBice @Z09752769 @JamesSurowiecki So you are ok with lowering the quality of life of the typical American so that we can restore shoes and apparel from Vietnam.

This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers. To prove it, he screenshots the formula the USTR says was used to calculate the reciprocal tariffs we imposed on other countries. And when you back out the Greek symbols, what is that formula? Trade deficit/imports - exactly what I said it was. I don't know if the Deputy Press Secretary was misinformed, or is just being misleading. Either way, the Trump administration did not "literally calculate tariff and non tariff barriers" to determine the tariff rates it's imposing on other countries. As I said, it divided our trade deficit with a country by our imports with that country, and then multiplied by 0.5 (because Trump was being "lenient"). Oh, and if our trade deficit/imports with a country is less than 10%, or we have a trade surplus with a country, Trump slapped a flat 10% tariff on that country.

@mu_phd @Z09752769 @JamesSurowiecki "better sourced" means someone in vietnam is paid pennies on the dollar to do something an American human being used to do for a living wage. That American doesn't care what your textbook says about comparative advantage

@BosephBice @Z09752769 @JamesSurowiecki I'm an empiricist. You are fluffing how bad things are for many americans. Bringing low value add manufacturing back to the united states doesn't enrich flint, it makes average americans pay more for things better sourced in vietnam.

@mu_phd @Z09752769 @JamesSurowiecki Your question means you've lost. Enjoy Flint!

@BosephBice @Z09752769 @JamesSurowiecki $20 an hour isnt great depression level. Please answer the question, what percentage of Americans do you believe are living great depression low already?

@mu_phd @Z09752769 @JamesSurowiecki Lol. How's life on on $20/hour? Go check out Flint and let me know what you think. Should the people there still learn to code?

@BosephBice @Z09752769 @JamesSurowiecki What percentage of Americans do you believe to be living at great depression level-low? Poverty is at a near all time low, unemployment in most parts of the country isn't an issue. Prevailing wages in my Midwestern city for unskilled laborers is near $20.

@JamesSurowiecki Isn't the idea to bring jobs to the people who voted for him and who have been living in what are basically third world conditions for decades? You're ignoring the human costs of the definition of "comparative advantage" you read on investopedia

Trump isn't trying to just get rid of our trade deficit with China. He wants to get rid of our trade deficit with literally every country, because he believes that any trade deficit is a sign you're being ripped off, and he hates being ripped off more than anything.

People keep trying to make this argument to defend what Trump did today. But if China is the problem, Trump should be targeting China. What he did today targeted the entire world. Low trade barriers, no currency manipulation, it doesn't matter: Trump jacked up tariffs on them.

@mu_phd @Z09752769 @JamesSurowiecki What you're all missing is that the quality of life of many Americans (a large part of Trump's constituency) is Great Depression-level low already because people in other countries who make pennies per hour do the jobs those Americans used to do.

@Z09752769 @JamesSurowiecki They are claiming the entirety of a trade deficit with any country is due to tariffs and other trade barriers. Low wages shouldn't be seen as a barrier to free trade, but here we are with many countries. Tariffs against 🇻🇳 will only lower the quality of life of avg. American.

@BestWalletHQ Tried to claim and the coins literally disappeared. Garbage app and fraudulent project

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@Bohemiantable @yacineMTB Why is this horrifying?

@yacineMTB Horrifying

my honest reaction after looking at baby formula ingredients (it's literally all just soybean oil and corn syrup)