94% would be better. no, it’s not “optimal” in the sense if the revenue-maximizing rate. people subject to those rates won’t realize the income. but that’s the point. they don’t realize the income. we have to then ensure the places it is left are leaky and contestable.
( a bit on how to tax the loans www.interfluidity.com/v2/9028.html )
acceptance of a preemptive pardon is a confession of original sin.
that’s a difference in governments. you can post a grotesque picture of Biden in a public square, no tech platform necessary, the raw American state won’t fuck with you, the Chinese state will. (we’ll see under Trump, these motherfuckers want lese majeste back.) 1/
so far the American state is constrained on punishment of speech. that might change. if it does, do you think X will be any less transparent to the US state than TikTok to CCP? 2/
so it’s the difference in the quality of states that matters, not the state/corporate distinction. who is doing more than any single human being to degrade the quality of the American state? There are a bunch of good candidates, but Elon Musk would be high on any reasonable list. /fin
what it is is if you funnel the tariff revenue directly into $TRUMP, it expands to $1T. just never try to sell it.
that's what makes X worse. which has done more harm, Fox News or RT? TikTok maybe you can argue hides what it is more than RT does, and so could be more dangerous. But X is pretty fucking dangerous, and if you are anything like chill about it, that's a mistake, i think.
the price dynamics of $TRUMP / $MELANIA basically track Trump supporters' theory of gender dynamics.
if only you could get me to capitalize. i agree it's a problem for CCP to have influence over core media of hundreds of millions of Americans. i just think it's equally problematic that Elon Musk and Mark Zuckerberg do. i want equitable regulation that snares them all.
i can respect people who supported the ban. i can respect people who opposed it. i can respect people who want Congress to rescind the ban. what i can't respect are people who supported the ban but now want to see the law ignored.
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oh it’s part of the fun. often one can never be quite sure, can one?
if you are a feminist the trade is long $MELANIA / short $TRUMP.
i'd really like some $DONJR in my wallet.
it is such an own goal! $TRUMP was becoming a focus point. there are lots of bitcoin clones, but none matters very much, because bitcoin established itself as "the real thing". $TRUMP could have done the same, be the one true vehicle for expressing love of / currying favor with Trump. harder now!
i'm not sure the datapoint we get tomorrow will support this hypothesis.
you remember how the goose that lays the golden eggs dies when they get greedy and, um, try to clone it?
This is amazing. I'm so glad that somebody is finally bringing dignity back to the White House.
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ht @stephenjudkins.bsky.social! sorry to have skipped that in my mania!
@dylanmatt.bsky.social it's, um, not so great you used a 2022 analysis near US peak inflation to claim "economists…attributed abt 3 percentage points of inflation to excessive stimulus", when from 2021-01 to 2024-11 the US experience was about the same as the EU and Eurozone on OECD numbers. 1/
"overall price increases could have been reduced, perhaps even halved." is also misleading, since the peak you claim might have halved was quite narrow. again, given global experience since 2022, this analysis on which your diagnosis of Biden's failure largely hangs, strikes me as tendentious. 2/
Re www.vox.com/politics/394... ht @akkartik.name My OECD numbers from data-explorer.oecd.org/vis?lc=en&pg... accessed 2025-01-19 (Overall OECD inflation, and OECD Europe, were much higher than the US, but that's largely Turkey, less comparable.) /fin
The president who could not choose
Link Preview: The president who could not choose: Biden’s indecision led to four years of weakness.
SpaceX legit has capabilities one might want. Europe has all of Facebook's capabilities, it just hasn't deployed them as rentierism-as-a-service. Nothing to regret there, except letting Facebook in!
thank you copilot. all i want is excel on my frigging desktop.
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again, support for a very particular set of his actions is not support for him.
yes. i think Apple and Alphabet are the clearest canaries. who is providing hosting, CDN, whatever is less visible. i've read skeets claiming that Oracle is, on the basis of assurances, but that's just hearsay for now, who knows? i wonder if app performance is at all degraded?