Justin Fox retweetledi
Iran used to be the world’s biggest producer of pistachios. Not anymore.
@foxjust explains how California became the powerhouse 🎥
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Justin Fox
22.3K posts
Justin Fox
@foxjust
Columnist @opinion. Eater of free snacks. (Snacks are property of Bloomberg L.P. Tweets aren't.)
New York Katılım Nisan 2009
2.3K Takip Edilen24.2K Takipçiler
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.@foxjust explores why Americans in their 50s are working like never before (via @opinion) bloomberg.com/opinion/articl…
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@StephenFisherMD @JudiciaryDems It's clear from the rest of the debate that Howard meant to exclude *only* foreigners and aliens who were children of diplomats. There was much discussion about whether the US-born children of Chinese laborers would be citizens, and the authors of amendment said absolutely yes
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Sen. PADILLA: Let me begin by quoting the Constitution. The 14th Amendment is pretty straightforward. If you were born on American soil, you are an American citizen. Full stop.
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Justin Fox retweetledi
The Boomer Upsize - Baby boomers are ditching the downsizing myth to claim 4-bedroom homes near their kids and grandkids, sending home prices skyward aaronrenn.com/p/boomer-upsiz…
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@DonaldFoss @business @opinion Here's a gift link in case you're interested in understanding where it's coming from bloomberg.com/opinion/articl…
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Haitians have long been tied to the history of the US, including enabling its rise to continent-spanning power, @foxjust says (via @opinion) bloomberg.com/opinion/articl…
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@business @foxjust @opinion This is a retarded take by a dumb leftist leaning journalist. The entire premise is incorrectly set up. I hope Fox knows that 47% of Americans ultimately pay net 0 in federal taxes so why would they " get" anything back or need to. Past booms are from the middle class.
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US taxpayers will certainly appreciate the extra money they'll get back this year, writes @foxjust, but it probably won’t boost the economy much (via @opinion) bloomberg.com/opinion/articl…
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@overitall69 @business @opinion It has completely derailed the fraud investigation because the prosecutors pursuing it resigned two weeks ago when the Justice Department ordered them to investigate Renee Good's partner rather than the guy who killed her.
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Sending thousands of federal agents to Minnesota wasn’t truly about stopping illegal immigration from Somalia, @foxjust says (via @opinion) bloomberg.com/opinion/articl…
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@jmhorp @ModeledBehavior Found it: It's from @EconomicPolicy's Low Wage Workforce Tracker and he's adding together 12,880,000 workers making less than $20 with some college and 7,217,000 million college grads. Which is 20 million not 21, but close enough epi.org/low-wage-workf…
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@ModeledBehavior Do we know what his source is? No, I do not want to watch his stupid video.
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This is complete misinformation. Employment rates for young college grads are substantially higher than for young non-college (excludes people in school for both).
Lying to young people about the value of a college degree is shameful behavior.
Peter St Onge, Ph.D.@profstonge
21 million Americans went to college and still earn less than $20 an hour. College grads now make up a record 25% of unemployed. And their unemployment rate is now higher than high school grads. College degrees ain't what they used to be.
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Justin Fox retweetledi
Just learned Buffalo, NY, had a big decrease in murders in 2025. To 27 (9.7 per 100k). Down from 63 in 2022 & 37 in 2024. This is more than "back to 2019 levels" (48 murders). I have Buffalo data going back to 2005, and this is the lowest. Past 20-year average is > 50/year.
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@KudlaBob28431 @rajekanodia @business @opinion There's no way to distinguish between legal and illegal immigrants in BLS data, and the percentage of illegal immigrants on public assistance is near zero unless you count (1) health care in a few states and (2) temporary stuff like housing new arrivals in NYC in 2022/2023
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Since Trump took office the unemployment rate is up for native-born Americans and down for immigrants. That's no coincidence, @foxjust argues (via @opinion) bloomberg.com/opinion/articl…
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@jeuasommenulle FYI I heard over the weekend that they won't be able to do this on the usual schedule because Census is late with its 2025 population estimates, so we'll probably have to wait till March
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@foxjust We’ll need new census data in February to hopefully make this clearer – or not !
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Interesting piece from @foxjust arguing BLS employment stats are wrong. It’s about the % of native-born Americans aged 25-54 who are employed. Both economically (obv) & politically significant (are Trump migration policies changing employment prospects of native born Americans?)
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@minionuprising The Black prime-age labor-force participation rate is down slightly this year, so that's not what's been driving the unemployment-rate increase. I'm not sure what is driving it, but the sudden turn away from DEI does seem like a pretty good candidate.
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@foxjust saw you on Bloomberg talking about uptick in Black unemployment and you blamed it on essentially racism. Have you considered that the unemployment rate only counts if you’re trying to get a job, and cutting social programs is pushing people back in the job market
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@jmhorp You know what's also near an all-time high? The percentage of employed people with college degrees (you inspired me to make this chart)
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Unemployment rate by education level (Sept 2025):
Less than high school: 6.8%
HS grad: 4.2%
Some college: 3.4%
BA or higher: 2.8%
The Kobeissi Letter@KobeissiLetter
BREAKING: Unemployed Americans with 4-year college degrees now make up a record 25.3% of total unemployment. The percentage has doubled since the 2008 Financial Crisis. This comes as over 1.9 million workers aged 25+ with at least a bachelor’s degree are now unemployed. Meanwhile, the unemployment rate for Americans aged 20–24 is up to 9.2%, the highest since May 2021. This rate has risen +2.2 points YoY, an increase not seen outside recessions. The US labor market is weakening across all education levels.
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Justin Fox retweetledi
Please enjoy this fascinating interview with @foxjust revisiting The Myth of the Rational Market 15 years later. The book remains 1 of my single favorite investment books I have ever read!
This Week in Intelligent Investing@twiii_podcast
In this episode, co-hosts @ElliotTurn and @mihaljevic welcome Bloomberg columnist @foxjust, author of "The Myth of the Rational Market". Justin discusses the AI spending boom and how he sees it playing out based on similar episodes in history. Enjoy! podbean.com/eas/pb-evbia-1…
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Justin Fox retweetledi
One pet peeve is economists making forecasts (unconditional or conditional on policy choices) of growth rates.
There is basically nothing in our toolkit, no papers, no methods; which would allow us to do this.
It’s all vibes, which is fine, but we’re no better than anyone else
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Of the 25 countries that sent the most visitors to the US in 2024, 12 are sending more so far this year, and 13 fewer.
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Despite fears that tourism to the US would collapse during Donald Trump's first term, it held up fine. That's not the case so far in his second term.
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The fundamental tension/contradiction in U.S. politics right now:
Democrats have achieved significant reductions in most violent crimes in most U.S. cities -- Republican claims of mayhem are false.
But most violent crimes in most U.S. cities are committed by drivers.
Michael Schneider@schneider
LA is fundamentally broken from a road safety point of view. These incidents are so common that we just shrug and move on. In this case I know the victim and worked with her on my neighborhood council for years. She has broken bones. Her dog is dead. nbclosangeles.com/news/local/hit…
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