Elmo Blatch
11.4K posts


@ThePoliticalHQ They are cheating elections while John thune is milking the save act. This is the demoncratic party’s plan. 🥱
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@KingPronoun @kid_riles Dear dumbfuck: Biden’s $5 gas was due to Trump’s 2020 OPEC deal, which then fueled inflation worldwide.
Not sure what you mean by “temporary” but I can assure you this is not temporary.
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@kid_riles Dear, dumbshit:
Biden's $5.00 gas was due to inflation, which was caused by retarded spending policies and warfare on the oil companies.
Trump's $4.30 gas is temporary because he decided to cut the head off of an Islamic snake. I'll take the $4.30 gas for a few months :)
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@kid_riles @jmspivey37 Biden’s $5 gas was because of Trump’s 2020 OPEC deal
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@B1GMBBall @TheAndyKatz So.... retaining elite players in the Portal does not count towards portal success?
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Two economists just published a mathematical proof that AI will destroy the economy.
Not might. Not could. Will — if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."
An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.
Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.
The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.
Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.
Source: Falk & Tsoukalas · Wharton School + Boston University ·
arxiv.org/pdf/2603.20617

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@AncoSj @AnatoliUkraine LOL yeah look at our wonderful economy! Come to America and file bankruptcy from getting sick!
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@AnatoliUkraine Isn’t it telling how people from socialist countries generally leave those countries to come to the US for opportunity, and not vice versa?
Socialism kills economies.
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Mamdani found a tax loophole and turned it into buses, schools, parks, and nearly $1 billion for New Yorkers.
Trump finds loopholes and turns them into ballrooms, bailouts, and bills for everyone else.
That’s the difference.
One governs a city.
The other monetizes a country.
CALL TO ACTIVISM@CalltoActivism
🚨HISTORIC: Mayor Mamdani officially calls for the reduction of the Pass-Through Entity Tax loophole from 100% to 75%. MAMDANI: “That change alone would generate nearly ONE BILLION DOLLARS of additional revenue - revenue we can invest in the buses that carry New Yorkers to work, the public schools that educate our children, the public parks and beaches where we spend our summers.” THIS IS WHAT LEADERSHIP LOOKS LIKE! LET’S GO!
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@80s_Patriot @libsoftiktok lol I do know for sure none of them are voting because they are dead.
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@libsoftiktok I don't know this for sure, but I would imagine that most if not all of those 34K were Democrat voting.
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Am I the only one who remembers a year ago when a bunch of teenagers said we had to cut the funding to like Sesame Street and AIDS prevention because we were on the verge of financial collapse? Did we all just imagine that?
Acyn@Acyn
Lindsey Graham says they are going introduce legislation that’s going to authorize 400 million dollars to be spent on building the ballroom: We pay for it by offsetting it with customs fees. The sooner we get the ballroom built, the better it is for the country.
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