
As one part of the government jacks up interest rates to control inflation, another part of the government jacks up deficit spending which is inflationary. This policy is contradictory and will eventually break.
EconLeem
1.6K posts

@Liam_Miller23
Policy junkie, tech investor, @MITEcon and @LoyolaHS alum

As one part of the government jacks up interest rates to control inflation, another part of the government jacks up deficit spending which is inflationary. This policy is contradictory and will eventually break.

Student funding in California is now a RECORD HIGH! Since Governor Newsom took office, it’s increased 66%— reaching $28,282 per student as the state makes historic investments in public education.

Pro Tip: You have to fix the meth problem before you fix the teeth problem.


Cato guy: "One in five Fairfax residents is someone who could be deported or lives with them." Totally normal that 20% of the largest county in Virginia could be deported.


Karen Bass: “How many people, who are unhoused, that you meet have no teeth at all? They don’t have teeth, why? Because meth rots your teeth. YOU CAN’T SUCCEED WITHOUT TEETH! So there needs to be comprehensive healthcare provided to people.” Karen Bass said this yesterday, Monday, in Los Angeles.

The City of Los Angeles homelessness budget was $967.9 million in the 2024-2025 fiscal year. The city permanently housed 7,396 homeless people that year — $130,868 per person. That's 59% more than the median household income in LA ($82,263).


#BREAKING: California mayor Eileen Wang charged as an illegal Chinese agent; set to plead guilty.

California healthcare jobs have ballooned 25% in four years! The rest of the economy, -0.3% CA now has the biggest job growth gap between healthcare and the rest of the economy. @Thomas_Cronin_ and I dig into the trend and why it matters for us all 🧵

Kevin O'Leary's proposed data center in Utah will require 9 Gigawatts of energy to function when fully built, double Utah's current energy usage for the entire state. It will dump around 23 atomic bombs worth of thermal load on the environment every day.



The LA County Federation of Labor has a new committee lined up to go after Spencer Pratt, and they are dropping an initial $221k on this video & an additional digital ad.




Claude for Excel, PowerPoint, and Word are now generally available, and Claude for Outlook is in public beta. As Claude moves between your Microsoft apps, it carries the full context of your conversation.

This sounds cool. But wait. 400 diapers will last a family with a newborn approximately five weeks. The program will cost the state approx. $12.4 million this year alone. That money will be funneled through a company called Baby2Baby, which will then provide their branded diapers to 400 participating in hospitals (California has over 500 hospitals in total.) Meaning that instead of lowering taxes and letting families keep their own money to buy essentials like diapers, California takes their money, pumps it through a “nonprofit” that has overhead and whose CEO made $240,000 in 2024, to provide a “free” service available only in certain locations, and that you could have bought yourself for much cheaper.
