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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      2. First: who is calling to remove Powell? House progressives like AOC and a constellation of think tank wonks focused on climate and financial regulation. Their case: Powell, a moderate northeastern Republican, is insufficiently progressive on these two issues.

      1 reply 0 retweets 22 likes
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    2. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      3. We'll get back to them, but let's put ourselves in Biden's chair for a second. For the second time in his career, he enters office in the executive branch with a labor market far below its potential. In 2021 as in 2009, he needs to engineer a recovery.

      1 reply 0 retweets 16 likes
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    3. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      4. Here's something a lot of left-of-center economic specialists believe about the 2010s recovery: it could have been done faster. This is a little bit tricky to message on within the left-of-center econ-o-sphere, though, so it's often not totally said aloud.

      1 reply 0 retweets 21 likes
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    4. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      5. If you're a Dem econ wonk, you don't want to say Obama did a bad job, and you probably blame the 2010s Republican House quite a lot, and maybe also some of the "Blue Dog" Democrats from future red states. But many Dem econ wonks think the 2010s recovery could've gone faster.

      2 replies 2 retweets 21 likes
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    5. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      6. Through a random turn of events, they've been given a chance to test this theory out. The "Build Back Better" agenda can almost literally be read as "we want to get this graph up to the peak, but much faster this time." They want a steeper upward slope.pic.twitter.com/AyAGR3Cz4K

      1 reply 0 retweets 24 likes
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    6. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      7. What are the stakes? The faster pace will: - Save tens of millions of person-years of work. - Give your economy as a whole a larger "budget" of labor to play with and enact your priorities - Hopefully stave off midterm losses - Let you get full credit for the recoverypic.twitter.com/sQmZKlAoxu

      1 reply 0 retweets 23 likes
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    7. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      8. Powell is on board with all of this. Maybe not the political stuff, but he got us to 81% of prime-age people having a job, and he wants to do it again, and he wants to do it quickly. He is a full employment guy. Maybe *the* full employment guy.pic.twitter.com/tXDmBv1vMj

      2 replies 0 retweets 48 likes
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    8. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      9. Here's the first problem with the "replace" coalition: they underrate how hard this was to do. In online lefty circles and prestige magazines, there's a bubble of sorts, where "hawks" like Pat Toomey or Esther George don't exist. But it's a deeply-rooted, powerful coalition.pic.twitter.com/cCgBA737CL

      2 replies 7 retweets 43 likes
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    9. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      10. How did Powell overcome them? A lot of personal likability, and a lot of work. He's always going around talking to people, gathering support. He's very patient, too; he doesn't hit back hard when people criticize him.pic.twitter.com/3m7kSih6M4

      1 reply 3 retweets 42 likes
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    10. Alan Cole‏Verified account @AlanMCole 1 Sep 2021

      11. I know a *lot* of Republican hawks who oppose some of Powell's policies and fear inflation more than he does, but nonetheless have faith in him personally and turst him, even when he's doing the sort of financial wizardry that might draw suspicion if done by anyone else.

      3 replies 0 retweets 27 likes
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      ⓘ Dogs don't have thumbs‏ @MorlockP 1 Sep 2021
      Replying to @AlanMCole

      turst

      7:10 AM - 1 Sep 2021
      • 1 Like
      • River_Tam
      0 replies 0 retweets 1 like

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