
Michael Pratt
22.9K posts

Michael Pratt
@mikepratt
CEO @panamplify | Host TV Show @digitalfightclb | USMA '87 | Duke ‘94 | former Goldman trader | reluctant warrior | intrepid gardener


Very good op-ed: "How Can America Be So Miserable When It’s So Rich?" @DavidAFrench gives 2 reasons: (1) scarce goods like land in desirable neighborhoods and NFL game tickets and (2) positional goods - there is always someone who sits in the front of the plane and someone who gets on last. As wealth rises, demand for scarce and positional goods increases, and businesses focus more heavily on serving that demand. Seating on Southwest Airlines was originally based on when you arrived. Then they created one premium tier. Now every seat has a distinct price. This evolution went from no positioning to near perfect positioning. Most people can afford many everyday comforts, like a large TV or meal delivery, so competition for scarce and status-linked goods intensifies. That dynamic can leave people outside the top wealth tier feeling worse off, even as their material standard of living improves. "No one is the clear villain in this story, and that’s one thing that makes the problem difficult to solve. We can’t target and defeat a specific set of bad actors who are immiserating America. Everyone is acting in rational self-interest." The growing discontent, almost impossible to reverse, drives the move towards populism as voters demand solutions to problems that can't be solved.




NEW - U.S. Vice President Vance on UFOs: "I don't think they're aliens, I think they're demons."




This should be the biggest story in the country right now. Barksdale is the HQ for our B52 nuclear bombers, it's where Bush sheltered on 9/11, and the drones are reported as "far more sophisticated than anything seen in Ukraine ... and well beyond Iranian capabilities."



🚨🇺🇸🇮🇷 NEWEST WAR PROPAGANDA TO TRY AND SELL THIS ILLEGAL WAR RO THE AMERICAN TAXPAYER: JD Vance says: "Iran was about to use NUCLEAR SUICIDE VESTS in supermarkets." "NUCLEAR SUICIDE VESTS" 😂🤣😂 (This is nothing but Hollywood fiction)

NEW - U.S. Vice President Vance on UFOs: "I don't think they're aliens, I think they're demons."












SECRETARY RUBIO: The only thing worse than a communist is an incompetent communist. 🎯


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Sheridan Gorman should still be alive. Every single crime committed by an illegal alien in America is completely preventable.








@F10fromMAGArone Except for the 330 million Americans that benefit from immigration…