David WesselVerified account

@davidmwessel

Director, Hutchins Center on Fiscal & Monetary Policy, Brookings. Contributing correspondent, Wall Street Journal. Views in tweets are strictly my own.

Washington, D.C.
brookings.edu/hutchinscenter
Joined April 2009
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  1. Retweeted
    5 hours ago

    Tronc—the owner of the Chicago Tribune, Baltimore Sun and New York Daily News—is changing its name back to Tribune Publishing Co., ending a much-maligned corporate rebranding

    7 replies 35 retweets 79 likes
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  2. Retweeted
    9 hours ago

    Remarkable: of the 68 most competitive House districts (Lean/Toss Up), only 16 are taking place in states with a competitive Senate race. That’s almost unheard of & a big reason we could be headed for a divergent outcome on Election Night.

    21 replies 199 retweets 511 likes
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  3. Retweeted
    12 hours ago

    At least the second installment of good things happen to good and brilliant people just this week alone.

    Amy Finkelstein of is illuminating the hidden complexities of health care policy, providing data-driven guidance for future innovations:
    9 retweets 45 likes
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  4. 18 hours ago

    This just in from Gilbert, Minn: An epidemic of drunken birds. An early frost meant that berries had fermented earlier than usual, police chief says.

    2 replies 18 retweets 18 likes
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  5. 20 hours ago

    And the Apple, Amazon, Supermicro and Chinese govt denials:

    2 retweets 4 likes
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  6. 20 hours ago

    Hell of a Bloomberg story: How China used a tiny chip in a huge hack that infiltrated Apple and Amazon, alarming US authorities. via

    1 reply 11 retweets 22 likes
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  7. Retweeted
    Oct 3

    Here’s the message from Democratic re: enthusiasm. They say their data has shown basically no movement since Thursday’s testimony from Blasey Ford and Kavanaugh –>

    2 replies 27 retweets 30 likes
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  8. Retweeted
    Oct 3
    Replying to

    And free goods being potentially monetized is not a major distortion, as was true for radio programs in the 1920s and 1930s, which Robert Gordon pointed out.

    1 retweet 1 like
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  9. Oct 3

    Treasury yields hit 7-year highs via

    2 retweets 2 likes
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  10. Oct 3

    Roberto Perli on increase in 10 year yield: 7 bps is attributable to an increase in term premium; 3 bps is attributable to an increase in inflation expectations; 0 bps is attributable to an increase in growth expectations.

    1 reply 2 retweets 2 likes
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  11. Oct 3

    Great job opening at Brookings in DC, working with : Fellow and Research Director, Future of the Middle Class Initiative (Job ID: 2018-1857)

    3 retweets 5 likes
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  12. Retweeted
    Oct 3

    The IRS clarifies that under the new tax law: *You can expense hot dogs for a client at a ballgame, but not the tickets. *You can't expense the food in a luxury suite... *...unless it's on a separate invoice.

    7 replies 20 retweets 38 likes
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  13. Retweeted
    Oct 3

    New from me: If Democrats win the House, they're going to seek Trump's tax returns. And the tax code says they can get them if they ask. via

    374 replies 3,940 retweets 10,189 likes
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  14. Retweeted
    Oct 3

    "Expansions die of old age" is a straw man used by those arguing to the contrary. Our detailed survey of 77 recessions in advanced economies reveals why expansions are fragile when very young, and may also be so as they get old. for the ashes?

    3 replies 6 retweets 5 likes
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  15. Oct 3

    Mark Sobel on latest Argentina-IMF deal. Revised program is tough, poses big challenges. If Macri is prepared to implement, criticisms should be brushed aside for greater good

    1 like
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  16. Retweeted
    Oct 3

    "Global manufacturing activity grew in September at the slowest pace in 22 months." - Eurozone: 2-yr low Italy: 25-month low Germany: 25-month low Spain: 25-month low Japan: 2-yr low China: 17-month low US: 4-month high

    3 replies 15 retweets 18 likes
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  17. Retweeted
    Oct 3

    Just one year.

    It was a year ago this week that ⁦⁩ and ⁦⁩ broke the Harvey Weinstein story.
    3 retweets 4 likes
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  18. Oct 3

    Attn Some “free” goods do show up in GDP just as “free” commercial-supported TV does. Not all. See this Hutchins Center working paper for more detail:

    Mind blowing idea from Susan Lund: Lots of free digital goods going completely unmeasured in global economy: Free online courses, internet searches, streaming YouTube videos.... No price = no place in the data. But add it all up and it could mean a trillion dollars in trade.
    2 replies 6 retweets 8 likes
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  19. Oct 2

    Ben Wittes on why — tho he has known and respected Kavanaugh for years — he would vote against conforming him to Supreme Court.

    1 retweet 6 likes
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  20. Retweeted
    Sep 12

    The US is now the single largest producer of crude oil in the world.

    30 replies 384 retweets 517 likes
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