Steve Randy Waldman
@interfluidity.com
maybe the plan is to have fascism collapse itself into a smoking crater without a single shot fired and then enjoy the new trente glorieuses.
Steve Randy Waldman
@interfluidity.com
Trumpists are a weird coalition of people who think the United States is both an evil empire that bestrides the earth and a whipping post.
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Steve Randy Waldman
@interfluidity.com
when there is no accountability to prevent it, it seems like that’s often what results in detention facilities (and even boarding schools).
Steve Randy Waldman
@interfluidity.com
does anybody else find a prison no one is ever released from just prima facie suss? no release, no contact with family, no evidence any given detainee is still alive. no one to describe what goes on.
Steve Randy Waldman
@interfluidity.com
watching Fox News will make you #pathetic and scared. ht @carlquintanilla.bsky.social
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Steve Randy Waldman
@interfluidity.com
thank you for the great piece, and i'm sorry for the screw up!
Steve Randy Waldman
@interfluidity.com
@karlbode.com writes the best precis of the great broadband / bureaucracy / abundance kerfuffle. www.techdirt.com/2025/04/01/j... (note! i misattributed this excellent piece to @mmasnick.bsky.social earlier. i'm sorry to you both!)
Steve Randy Waldman
@interfluidity.com
Is there any provision in the law for a 75 day extension?
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Steve Randy Waldman
@interfluidity.com
Let’s challenge this consensus. Impeach. Convict. Remove. Rinse. Repeat. We can live with President Grassley.
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Steve Randy Waldman
@interfluidity.com
Steve Randy Waldman
@interfluidity.com
if they want to onshore manufacturing and remain remotely cost-competitive, you'd think they'd be promoting their new guest worker programs rather than turning the US into an arbitrary detention and perhaps permanent rendition hellhole for our most inexpensive labor pool.
Steve Randy Waldman
@interfluidity.com
we should let Andrea resolve the tie.
Steve Randy Waldman
@interfluidity.com
nevah!
Steve Randy Waldman
@interfluidity.com
it's another one of these words with multiple, slippery meanings we're always talking about.
Steve Randy Waldman
@interfluidity.com
I'm not saying you're wrong. I'm saying let's make you wrong.
Steve Randy Waldman
@interfluidity.com
the public sector is the most amazing thing. that's why they have to work so hard to keep it hated.
Steve Randy Waldman
@interfluidity.com
Congress controls spending, whether the revenue is from tariffs or other taxes. Congress controls tariffs, it's just delegated/abdicated that control.
Steve Randy Waldman
@interfluidity.com
i don’t really agree with Klein. i take the position i would have attributed to Pettis and Klein, that we should work to address balance. 1/
Steve Randy Waldman
@interfluidity.com
that tanking the economy is the “the easiest way” is like pointing out the easiest way to cure cancer is a bullet. that doesn’t mean one shouldn’t seek means to address the problem with less untoward side effects. 2/
Steve Randy Waldman
@interfluidity.com
the position Klein is taking is the “accommodate indefinite reserve currency demand, while trying to minimize the costs in financial fragility and dutch disease”. 3/
Steve Randy Waldman
@interfluidity.com
that’s a much better position to take than pretend there are no costs, but in my view (with Pettis i think) there’s a point where “exorbitant burden” really overwhelms “exorbitant privilege”, even as you work intelligently to manage the burden. 4/
Steve Randy Waldman
@interfluidity.com
the dollar can (well, could have before Wednesday) maintain a substantial reserve currency role even as the US imposed limits or frictions on our willingness to generate promises and see domestic tradables demand sapped. 5/
Steve Randy Waldman
@interfluidity.com
we could have rendered it an adjustable policy variable, this trade-off between the straightforward wealth Americans gained from RoW wanting our paper and the costs the regime imposes, and made fine-grained choices. 6/
Steve Randy Waldman
@interfluidity.com
instead we are blowing up the machine. /fin
Steve Randy Waldman
@interfluidity.com
instead of taking sides and tossing molatovs between left and liberal, be a left liberal.