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asymmetricinfo's profile
Megan McArdle
Megan McArdle
Megan McArdle
Verified account
@asymmetricinfo

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Megan McArdleVerified account

@asymmetricinfo

Columnist at the Washington Post. Opinions my own. Email me: Megan.McArdle -at- http://washpost.com  Buy my book, The Up Side of Down http://amzn.to/1a3i2tK 

Washington, DC
Joined September 2008

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    Megan McArdle‏Verified account @asymmetricinfo 28 Jun 2019

    In the face of a good economy, Dems have resorted to claims that loads of people have to work 2 or 3 jobs to make ends meet. This is false--the number of people with second jobs peaked in 1996. And even the 5% who do includes people like me, who taught a class at Duke for fun.

    7:38 AM - 28 Jun 2019
    • 130 Retweets
    • 443 Likes
    • M.Rajesh Reddy Anthony (Andy) Hall circleglider LiquidityRiskGuru EleanorHill Mark C. Allen mvrchota AdventuresOfTheMind Eric Allie
    49 replies 130 retweets 443 likes
      1. New conversation
      2. Megan McArdle‏Verified account @asymmetricinfo 28 Jun 2019

        I suspect this is a case of a certain class of millennials thinking their experience to be much more universal than it actually is. And also, the difficulty of arguing with sub-4% unemployment.

        7 replies 11 retweets 98 likes
        Show this thread
      3. Megan McArdle‏Verified account @asymmetricinfo 28 Jun 2019

        If the Trump presidency weren't such a train wreck on almost every level, the Democratic race would be a "not it" contest to see who has to lose gracefully to the incumbent.

        17 replies 27 retweets 134 likes
        Show this thread
      4. End of conversation
      1. New conversation
      2. Lucy Cunningham‏ @cunningham_lucy 28 Jun 2019
        Replying to @asymmetricinfo

        @TonyFratto does this include people who are working a 2nd job in the gig economy (e.g. Uber drivers)?

        2 replies 0 retweets 10 likes
      3. LlamaLlama‏ @BethieBeemer 28 Jun 2019
        Replying to @cunningham_lucy @asymmetricinfo @TonyFratto

        One of my questions also. I work in economic development, and gig work is gaining popularity

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. LlamaLlama‏ @BethieBeemer 28 Jun 2019
        Replying to @asymmetricinfo

        I wonder how many that works gigs are included in the "work 2 or 3 jobs" stats? I work 3, last one is gig work.

        1 reply 0 retweets 2 likes
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      1. New conversation
      2. I, Vermectin.  🦀‏ @engelr412 28 Jun 2019
        Replying to @asymmetricinfo

        regardless of 2nd jobs or a low "unemployment rate" workers are not doing well relatively speaking and have not in quite awhile - https://fred.stlouisfed.org/series/LABSHPUSA156NRUG …

        2 replies 2 retweets 7 likes
      3. Joey S‏ @JoeySFromCO 28 Jun 2019
        Replying to @engelr412 @asymmetricinfo

        That's an incredible misleading metric on household income. I can see what you're trying to do ("it's not fair!!!") but GDP growth doesn't dilute household purchasing power or quality of life. Here's a more honest take...https://seekingalpha.com/article/4268631-median-household-income-april-2019 …

        1 reply 0 retweets 0 likes
      4. Show replies
      1. New conversation
      2. hypnovirus‏ @hypnovirus 28 Jun 2019
        Replying to @asymmetricinfo

        5% seems significant when, i assume, the population in this state is heavily distributed among people who don't teach a class at duke for fun.

        1 reply 1 retweet 21 likes
      3. Megan McArdle‏Verified account @asymmetricinfo 28 Jun 2019
        Replying to @hypnovirus

        Do you have any reason for that assumption? I'm not saying it's false; I have no idea either way.

        1 reply 0 retweets 4 likes
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      2. StonedToDeath‏ @Died_Stoned 28 Jun 2019
        Replying to @Himbo_Slice @asymmetricinfo

        Probably because in the preceding years there weren’t enough jobs to go around. It’s almost like the economy sucked or something.

        0 replies 0 retweets 14 likes
      3. End of conversation

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