Jonathan Nicholson

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Jonathan Nicholson

Jonathan Nicholson

@JNicholsonInDC

Previously covered Hill @HuffPost. Will write/edit for food. He/him. Okie. MCU. Muscogee. [email protected] RTs =/= endorsements

Washington, DC Katılım Eylül 2010
2K Takip Edilen4.4K Takipçiler
Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
It's not just Taco Night at the National Press Club apparently, given the Friday news dumps.
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
For everyone just discovering Data Center Politics, you would've seen this coming if you covered rural America and the Midwest better. The backlash has often been bipartisan and fierce. This, from January, in Deep Red Oklahoma.
News On 6@NewsOn6

Oklahomans are pushing back against plans and proposals for data centers across the state. Through litigation and town halls, residents have made it clear that transparency and environmental impact should be considered a priority. Full story here: newson6.com/oklahoma-polit…

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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
Tbf, the deficit-to-GDP goal timeline was given as 2028, so in theory there is still some time. But I suspect most economists would consider the likelihood of success very low. Trsy Sec'y Scott Bessent on CNBC recently stuck by 3-3-3, tho. 4/4 cnbc.com/2026/06/24/tre…
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
And that 3% deficit as a % of GDP? The last CBO forecast (to be updated in Aug. or Sep.) saw the '26 deficit at 5.8%/GDP while dipping slightly to 5.6% in '28. Iran may put that 2026 number in doubt. (OMB's not released its own update, which was due July 15.)
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
Nearing the halfway point of Trump's second term seems like a good time to examine progress on the seemingly forgotten "3-3-3" Trump economic plan touted in 2024: 3% GDP growth, 3% deficits as % of GDP, and 3 million more barrels of oil per day production. How's it all going?
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Barred in DC
Barred in DC@BarredinDC·
Another shot of the resurrected Duffy’s near Stadium-Armory metro. Locals you better support them after 9p, they told me it was a “ghost town” at that time until February when announced they were closing
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
Somewhere in the Marvel Universe, there's probably a person who was in Manhattan for the Battle of New York, the Void and what happens in "Brand New Day." And their therapy bills must be HUGE.
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
"Brand New Day:" Worth the hype. The best Spider-Man live action since Raimi's "Spider-Man 2," which is quite possibly the best comic book movie made. This pays homage to that and even other Spider-Man movies and media. Just amazing.
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Jonathan Nicholson retweetledi
Kateryna Lisunova
Kateryna Lisunova@KaterynaLis·
‼️10 members of one family—3 generations—were killed in a russian missile strike overnight on Thu., July 30, 2026. So far, 5 family members near Kryvyi Rih have been confirmed dead after a direct missile hit turned their home into a mass grave. The missile struck with such force that almost nothing was left of the house. Human remains were found under the rubble, and forensic experts will have to identify which family members they belong to. The recovered bodies include the parents—Olena Voronova, 41, and Artem Voronov, 47—and 3 of their children:Emilia, 6; Azarii Ilai, 11; and Mark, 17. Rescuers are still searching for Federika, 9; Zakhar, 13; Viorika, 14; Dominika, 16; and Artem, 18 months, their grandson. Two other children—a son and a daughter—were abroad at the time of the attack. The family's eldest son is serving in the Ukrainian Armed Forces. Artem was his son. Information compiled from local media reports, the family's group chat, and statements by the President of Ukraine.
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
Ah, 1998, when the world experienced what happens when a nuclear power goes bankrupt and Wall St. had to figure out whether nukes should be considered debt collateral. Fun times.
Theresa Fallon@TheresaAFallon

Getting that August 17, 1998 Déjà vu when the Russian government devalued the ruble, defaulted on domestic ruble debt (GKOs), and announced a 90-day moratorium on foreign debt payments. Was living in Moscow at the time and we were expecting the devaluation, but didn’t know when it would happen so every day I transferred the allowed limit from my Russian savings account to an account in Europe. The bank tellers did not like to see me each day transferring my savings out of Russia and complained that I had no faith in them. Then it happened. Oddly the price of toilet paper shot up but precious porcelain and antiques seemed cheap because they hadn’t adjusted their prices. The news showed how safety deposit boxes in banks, which had nothing to do with the devaluation, were broken into and the contents stolen by disreputable bankers. I packed a go bag in case I had to leave quickly. Then I went outside, people were strolling, eating ice-cream, and there was no sense of panic. I flagged down a car/taxi and I’ll never forget what he said when I asked him about the devaluation and the run on the banks. He shrugged his shoulders and said, “We Russians, we are like cockroaches. You can step on us, but you can’t kill us.” I had transferred about 75% of my savings before the bank disaster. ATMs didn’t work in Russia and a rumor circulated that you could use your bank card outside of Russia. We had plans to visit family in Italy and tried an ATM there and it gave out cash—but only one time. We spent the rest of the holiday trying different ATMs and none seemed to work with our Russian bank card. After wasting so much time and effort we only learned later that there was a one off disbursement from the banks for a little over the equivalent of about $100. When I returned to Moscow, whenever I passed the bank which was located in my building, I would feel very angry that they had seized my money. I had lost about 25% of my savings but local Russians lost everything. After the economic Armageddon, recall seeing old women standing on corners of busy streets trying to sell wooden hangers—they had previously sold the uniforms and medals that used to hang on them. They had nothing left, and in a few months, these babushkas also disappeared.

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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
H St. streetcar > mobile lounges > generic intragate airport rail
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
other debt watchers do not, or they've been telling the Hill an earlier date to prod them to act now and take away the biggest piece of leverage a Dem House or Congress could have in Trump's last 2 years. Source: bipartisanpolicy.org/article/when-w…
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Jonathan Nicholson
Jonathan Nicholson@JNicholsonInDC·
Thune saying the debt ceiling has to be raised in Q1 or Q2 of '27 goes against at least one neutral party estimate. In June, Bipartisan Policy Ctr projected hitting the limit in mid- to late-'27. Add in accounting moves, it could be in mid '28. Either Trsy knows something
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