Roger Low

Revealed preferences theory suggests that Wall Street executives value their ability to call their subordinates gay at approximately 8 trillion dollars

Recommended

The prevailing wisdom even a decade ago was that a 4-year college degree was both a necessary and sufficient condition for economic mobility. Both have been proven false. Every student should have every pathway available & have real transparency about those outcomes by provider.

This week started with administration officials refusing to acknowledge that Russia started the war in Ukraine. It ends with a tense, shocking conversation in the Oval Office and whispers from the White House that they may try to end all U.S. support for Ukraine. I know foreign policy is not for the faint of heart, but right now, I am sick to my stomach as the administration appears to be walking away from our allies and embracing Putin, a threat to democracy and U.S. values around the world.

6 bipartisan policies taken out of the spending bill after Musk torched it -- (My understanding, per aides, is these are also out of what's about to be voted on) 1. Provision aimed at ensuring food stamps are replenished for Americans whose benefits are stolen. Possibly as many as 300K affected, per CBPP 2. A series of changes to the operations of pharmacy benefit managers — middlemen in the medicine business that negotiate drug prices with pharmaceutical companies. (EG attempt to end “spread pricing,” where PBMs charge a health plan more for a drug than what they pay to the pharmacies that dispense it.) 3. Pay hikes for members of Congress -- 4% or so increases 4. Transferring control of the land in Washington, D.C., where RFK Stadium sits to the District. (No new funds here) 5. Cruz/Klobuchar bill aimed at cracking down on revenge porn/deepfakes 6. New and expanded restrictions on U.S. investments in China

Hey, wait, I've seen this movie before. 😆

Dems have the Senate majority for the next 60-plus days. Use it! Not just to confirm judges. Hold your own pre-confirmation hearings. Foreign Relations on Tulsi Gabbards ties to Russia. Intel Committee onJohn Ratliffe's misconduct on intelligence in Trump's first term. 1/

That was a cataclysm. Electoral map wipeout. Senate D practical ceiling is now 52 seats. R's is 62. Time to rebuild the left. We are out of touch with the crisis of meaning/purpose fueling MAGA. We refuse to pick big fights. Our tent is too small. 1/ Some early thoughts: