Noah SmithGeverifieerd account

@Noahpinion

Bloomberg Opinion writer. Elected "top neoliberal shill" of 2018. Occasionally posts anime gifs.

Geregistreerd in april 2011

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  1. Vastgemaakte Tweet
    22 feb. 2017

    有象無象の街に  灯りをともせ

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  2. Yeah Republicans pull dirty tricks. Yeah the system favors their voters a bit. But Dems could have done a lot better than we've done, especially given the disaster of Bush and the idiocy of the Tea Party. We need to whine less and win more. (end)

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  3. Yeah Hillary Clinton won more votes than Trump. But if Dems voted in midterm elections Trump would be a lot less powerful than he is right now.

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  4. All of Congress is up for election every two years. Dems lost Congress in 2010. In 2012. In 2014. In 2016. THAT is why we had the Trump tax cuts. THAT is why we haven't had immigration reform. THAT is why Congress is now a Trump rubber stamp.

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  5. Everyone denouncing the GOP for robbing Garland of a Supreme Court seat should remember, if more Dems had turned out to vote for John Kerry in 2004, we wouldn't have Roberts or Alito on the Supreme Court today.

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  7. If we think that recessions always start in a sector people are ignoring, then maybe it's time to start paying more attention to big companies... (end)

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  8. But if companies' rent extraction abilities are more temporary than they hope, we could be in for a correction. And people don't seem to be paying much attention to the corporate sector. They seem more focused on tech and housing, i.e. the sources of the last two recessions.

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  9. The obvious interpretation is that corporations have learned how to squeeze more value out of the economy relative to what they produce, and are now borrowing against their ability to continue to squeeze out that value.

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  10. Nonfinancial corporate debt is at an all-time high relative to GDP and relative to gross value added for the nonfinancial sector. But relative to corporate earnings, it's not that high.

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  11. Today in our debate, speculated that big corporations might be over-levered, and that the next recession might involve a corporate debt bust:

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  12. heeft geretweet
    3 uur geleden

    My first piece as a Bloomberg columnist! "Fight the Backlash Against Retirement Planning Nudge: Everyone benefits when people save more for old age"

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  13. At Bitcoin's price peak in 12/2017, the total market value of all the bitcoins in the world was over $300 billion. Today, all the bitcoins in the world are worth about $100 billion.

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  14. And finally...Vancouver, Canada or Austin, Texas?

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  15. And if you had to pick one of these, which would you choose?

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  16. Next: If you had to live in one of these three places, which would you pick?

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  17. Time for the final series of "Where would you live" polls! If you had to live in one of these three cities, where would you choose?

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  18. heeft geretweet

    "The fact is that a building is not a latte or a jumpsuit—or, for that matter, an iPhone." Read 's elucidating look at future (and past) of prefab construction:

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  19. heeft geretweet

    Does "Abolish ICE" mean open borders, or does it mean replacing ICE with a more humane, limited immigration enforcement agency (and prosecuting ICE agents who committed abuses)?

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  20. Wow, pessimism! Even and I weren't so pessimistic in today's debate...

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  21. China is out there fixing world poverty.

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