Michael R. StrainVerified account

@MichaelRStrain

Director of Economic Policy Studies and Senior Fellow at the American Enterprise Institute. Buy "The American Dream Is Not Dead": .

Washington, D.C.
michaelrstrain.com
Joined July 2012
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  1. Retweeted
    15 hours ago

    DC is giving a $500 bonus to 10,000 people who were unemployment at some point during the pandemic, regardless of their current employment or financial status. This is what happens when the Feds give you more $$ than you know what to do with.

    2 replies 15 retweets 34 likes
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  2. 4 hours ago

    Friday night movie. Merry Christmas!

    1 reply 1 like
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  3. 8 hours ago

    .: "Inflation Keeps Getting Worse. But Can the Fed Really Rein It In?"

    1 reply 2 likes
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  4. Retweeted
    15 hours ago

    This was fun! Buy Dream Hoarders (and discuss over the turkey?) Seems to me the upper middle class has gotten even more powerful....?

    0:45
    It’s okay to hoard books, but not dreams. But that is exactly what’s happening with a segment of the American middle class—and they’re exacerbating inequality in the United States. Get ’s book, Dream Hoarders, to learn more:
    Show this thread
    4 retweets 15 likes
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  5. 11 hours ago

    51. Not 1.

    A single senator is about to seriously set back an entire presidential agenda.
    12 replies 78 retweets 586 likes
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  6. 16 hours ago

    .: "A substantial majority of those who call themselves Republicans still believe that the 2020 election was stolen. The widespread acceptance of this lie has bred a shameful timidity among Republican politicians who know better."

    2 replies 1 retweet 9 likes
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  7. 16 hours ago

    .: "The clock is on Trump’s side. In next November’s midterms Republicans are likely to recapture the House and close its investigation. Would Garland grasp the nettle then?"

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  8. Dec 16

    “Springsteen's deal would be the most expensive so far”

    1 retweet 1 like
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  9. Retweeted
    Dec 16

    wrote this beauty:

    1 reply 1 retweet
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  10. Dec 16

    . "No doubt the pandemic has accelerated changes that were already under way. (The shift toward remote work is a good example.) But there is also mounting evidence that the pandemic is triggering changes that wouldn’t have happened otherwise."

    1 like
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  11. Retweeted
    Dec 16

    Great thread

    THREAD. In the summer of 2020, I would have advised the Fed to try to get the workforce participation rate back to its pre-pandemic level. That's Congress's job now. The Fed needs to reduce support for the economy to fight inflation. My column.
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    1 retweet 2 likes
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  12. Retweeted
    Dec 16

    In particular, calling people with higher inflation forecasts "hawks" and identifying as "team transitory" is the type of stupid tribalism that has gotten in the way of rational debate that would have been about numbers, probabilities and risks all along.

    8 replies 18 retweets 170 likes
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  13. Dec 16

    It would be a steal at five times the price.

    4 replies 2 retweets 4 likes
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  14. Retweeted
    Dec 16

    1 retweet 1 like
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  15. Retweeted
    Dec 16

    Workers are on the sidelines for reasons that loose monetary policy can’t fix. It’s up to Congress to find ways to encourage employment, argues .

    3 retweets 2 likes
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  16. Retweeted
    Dec 16

    Great piece on the limits of federal policy leverage in persuading Americans to take jobs. Employers need different tools to attract workers including working conditions. Read the pieces below together.

    1 reply 1 retweet 1 like
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  17. Retweeted
    Dec 15

    Spoke with Manchin tonight about why and Biden are at odds over BBB - Manchin said bill must not exceed $1.75T - Said that he's objecting to a one-year extension of child tax credit because he believes it hides true cost since will likely be extended. Said it should be 10 years

    208 replies 258 retweets 806 likes
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  18. Retweeted
    Dec 15

    NEW🎙 - ⁦⁩ & I sit down with the founder of Project Exodus Relief, which helps bring US trained special forces to safety. It’ll make your jaw drop.

    4 retweets 6 likes
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  19. Retweeted
    Dec 15

    This email from a leading econ instructor is giving me all the warm and fuzzies that writing an intro econ textbook -- even though the effort nearly killed me -- can be a pretty worthwhile thing to do...

    2 replies 5 retweets 94 likes
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  20. Dec 15

    Democrats’ $2 trillion spending plan in political peril as talks between Biden, Manchin appear to hit snag

    1 retweet
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