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Mike Bostic
5.5K posts
Mike Bostic
@mbostic0
CUNY Queens College. Advocate of Modern Monetary Theory.
Katılım Şubat 2023
557 Takip Edilen696 Takipçiler
Minor correction: the rate of job openings for the month of February is at 4.2%, down from 4.4% in Jan.
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Feb JOLTS see hiring continue to fall, the rate now stands at 4.2% m/m with the total number of job openings below 6.9 million
Quits and layoffs remain little changed, but the hiring rate dipped to 3.1% m/m, the lowest since April 2020
seekingalpha.com/news/4570738-j…
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@madeindefiance @BryanHoch Never said he pitched great but if you're going to say he was terrible that's not true either.
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@mbostic0 @BryanHoch Six base runners in less than five innings was not great. Cruz bailed him out.
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Ballgame over, Seattle wins. Cal Raleigh delivers a walk-off single facing Paul Blackburn -- the first run allowed by a Yankees reliever this season.
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Mike Bostic retweetledi
Happy anniversary to the CARES Act and this refreshing response to the pay-for question. March 27, 2020. trumpwhitehouse.archives.gov/briefings-stat…
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@JoJoFromJerz What continues to baffle me is that so many of you fall for this nonsense. JP is lying to you, the national debt isn't what you think it is. Time to learn the truth, the US gov doesn't manage its budget like a household at all. They issue the currency. x.com/i/status/12230…
ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ@sdgrumbine
Some basics. The US Dollar is a tax credit. It is a unit of measure. You can't run out of inches You can't run out of numbers The government can't run out of dollars... unless it purposely, politically chooses to. Thread 1/x
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It’s almost as if putting the guy who bankrupted a casino in charge of our economy (again) was a bad idea (again).
Watcher.Guru@WatcherGuru
JUST IN: 🇺🇸 Fed Chair Jerome Powell warns US national debt is growing "substantially" faster than the economy and says it's not sustainable. "It will not end well if we don't do something fairly soon."
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Jaden Ivey got Jaden Ivey cancelled, not the NBA or the Chicago Bulls. Just saying.
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Someone knew, and someone is likely profiting.
The cycle of market manipulation continues.
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@rolandsmartin @stephenasmith @billmaher @NYCMayor @ZohranKMamdani @andrewcuomo These days, anyone they don't like they just call them a communist even though they do not even know what it means and someone like Stephen A. Smith certainly isn't qualified to talk about politics at all. Their obsession with Mamdani is pathetic. I'll leave this here:
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These comments by @stephenasmith and @billmaher are truly idiotic. First,
@NYCMayor @ZohranKMamdani is NOT a communist. He’s a socialist. And clearly the voters felt he was more qualified than @andrewcuomo. This is all asinine commentary.
Brandon Straka #WalkAway@BrandonStraka
Stephen A. Smith: “Do we really think that Zohran Mamdani was the most qualified candidate to be Mayor of New York City? Come on now! We know better!” “He had NEVER done anything.” Bill Maher: “He’s also a communist… that’s his political view.”
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@atrupar A clear reminder of how mentally unwell this man is but we live in a right wing echo chamber these days so it's not surprising to see the media pay little attention to it.
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Trump: "I find that people that win, it's much easier to lead when you're successful. Vince Lombardi was a very tough person. He was a violent guy, actually. I knew him. But he won and he got away with things because he won."
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@Yankees @TheJudge44 Aaron Judge hit two home runs in a series they swept. The haters can kick rocks.
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@barua_ashish The very same economists who are too lazy to understand the real factors behind inflation and are in the shadows of Milton Friedman, will then claim if central banks hike rates eventually these prices will come down.
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Every time I look at this chart, it just exposes how shallow mainstream economics really is when it comes to inflation. They keep hiding behind the lazy “money printing” myth, as if repeating it enough makes it true.
Meanwhile, they completely ignore what’s actually driving these price explosions: corporate power, pricing control, privatisation of essentials, and deliberate policy choices. This isn’t ignorance anymore, it’s a convenient narrative.
The so-called experts use it as a shield to protect market actors while everyday people get squeezed, with higher costs for healthcare, education, housing, and things you can’t opt out of.
And somehow, they still want you to believe it’s all because “too much money” is in the system. No, it’s not about money supply. It’s about who has the power to set prices, and who’s forced to pay them.
The Rabbit Hole@TheRabbitHole
Everything government touches becomes more expensive and unaffordable.
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@Acyn What Tiger Woods needs is a stint in rehab not golf but then again Michelle tafoya is the perfect example of MAGA, talk a big game on law and order but in reality don't think the law applies to them.
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@SportsCenter Not an ounce of sympathy from anyone or anybody. 100% agree. This isn't his first rodeo with this. Truly sad.
x.com/i/status/20376…
Charlotte Clymer 🇺🇦@cmclymer
Tiger Woods does not deserve anyone's sympathy. He's a grown ass man who decided to get behind the wheel of a car under the influence YET AGAIN and endangered the lives of others. You do not, in fact, have to feel sorry for him. It was stupid, selfish, and irresponsible.
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Tiger Woods showed signs of impairment Friday at the scene of a car crash in which he struck another vehicle and rolled his Land Rover, authorities said.
Woods was arrested on suspicion of DUI. The Martin County Sheriff's Office said Woods was not injured.
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Weekly market recap:
$SPY -2.1%
$QQQ -3.2%
$DIA -0.9%
Dow Jones dropped by nearly 800 points, enters correction territory as the S&P posts its 5th straight weekly decline
Week ahead:
JOLTS (Feb)
Retail sales (Feb)
Consumer confidence (Mar)
ADP (Mar)
Non-farm payrolls (Mar)
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March consumer sentiment fell 6% to its lowest levels since Dec 2025
Amazingly, three of the worst consumer sentiment data have occurred within the past 9 months
1 yr inflation outlook jumped to 3.8%, highest since April 2025
sca.isr.umich.edu
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@byHeatherLong Three of the worst Michigan consumer sentiment readings have occurred within the past 9 months all due to the horrendous policy choices of the Trump administration. And you know it's bad when the wealthiest Americans (good amount supported trump) are souring on the economy.
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US Consumer Sentiment just fell in March to 53.3, one of the lowest readings of all time.
The only lower readings?
Nov/Dec 2025 after longest gov't shutdown
April/May 2025 after 'Liberation Day' tariffs
June/July 2022 during inflation spike
Americans are struggling to navigate all this uncertainty, along with price hikes and a frozen job market. Even wealthier consumers are turning gloomier this time.
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@RepAndyBiggsAZ Your grandchildren and future generations will be owning bonds, an asset not a liability that you claim is hanging around their necks. That "debt" is all denominated in US dollars & the federal government is the currency issuer of those dollars. Get it together son.
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One day, our grandchildren will ask why their grandparents didn't do enough to save them from a fiscal catastrophe we could clearly see coming.
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@AP U.S. stocks have now lost $3.5 trillion in market cap since the Iran war.
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BREAKING: U.S. stocks have their biggest loss since the war with Iran started as the S&P 500 drops 1.7%. apnews.com/article/stock-…
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The Yankees won 7-0 last night, Max fried pitched an absolute gem and yet, all the talk in this NY sports town has been about Aaron Judge, one of the greatest hitters of his generation striking out 4 times. Really? I guess some of you truly need all those clicks lol.
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