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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

This is my conversational account. For my work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr 6 Dec 2019
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    I just realized why the “economic boom” story feels very surreal to me (quite apart from any skeptical bias I may have as an anti-Trumper). I can’t put any anecdotal color on it. It’s a boom without a story attached, at least in non-1% blue coastal world. Anyone got anything?

    5:56 PM - 6 Dec 2019
    • 4 Retweets
    • 39 Likes
    • Carl Franzen stupid twitt account ( ༎ຶŎ༎ຶ ) the revolution is now Thuongvu Molly Gordon Nabeel Qureshi Lawrence of Dystopia Michael Malo
    14 replies 4 retweets 39 likes
      1. New conversation
      2. Venkatesh Rao‏ @vgr 6 Dec 2019
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        Maybe it’s cultural anxiety masking economic strength, but everybody I meet in the middle class is either holding position or gradually weakening. The rare people winning are winning in special-case ways, like somebody with a startup taking off etc. There is no broad-based boom.

        4 replies 0 retweets 36 likes
        Show this thread
      3. Venkatesh Rao‏ @vgr 6 Dec 2019
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        By contrast in the 90s and mid aughts it felt like everybody I met was winning or in FOMO about being left behind in easy-wins times.

        5 replies 0 retweets 31 likes
        Show this thread
      4. End of conversation
      1. New conversation
      2. Dux Bellorum‏ @Face_Almighty44 6 Dec 2019
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        Replying to @vgr

        I'm in the technical sector in the southeast and it's going crazy.

        1 reply 0 retweets 1 like
      3. Venkatesh Rao‏ @vgr 6 Dec 2019
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        Replying to @Face_Almighty44

        I don’t know what that means

        1 reply 0 retweets 0 likes
      4. 3 more replies
      1. New conversation
      2. Paul Millerd‏ @p_millerd 6 Dec 2019
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        Replying to @vgr

        End of career boomers are crushing it. Racking up end of career salaries and padding their already cozy retirements. Seeing a lot of this in New England among friends parents. Seems gen x is being squeezed or held off by them too.

        1 reply 0 retweets 15 likes
      3. Venkatesh Rao‏ @vgr 6 Dec 2019
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        Replying to @p_millerd

        As Gen X, I can confirm. Damn boomers are keeping me off the gravy train.

        0 replies 0 retweets 6 likes
      4. End of conversation
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      2. Venkatesh Rao‏ @vgr 6 Dec 2019
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        Replying to @EvanBThomas

        What consumers and what are they buying and who’s getting rich as a result?

        2 replies 0 retweets 3 likes
      3. 1 more reply
      1. New conversation
      2. Carl Franzen‏Verified account @carlfranzen 6 Dec 2019
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        Replying to @vgr

        Pretty sure it’s mostly service sector job creation. Cleaners, delivery drivers, medical technicians, etc.

        1 reply 0 retweets 2 likes
      3. Carl Franzen‏Verified account @carlfranzen 6 Dec 2019
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        Replying to @carlfranzen @vgr

        That and a rising stock market enriching corporate leaders, as Trump likes to crow about.

        2 replies 0 retweets 3 likes
      4. 1 more reply

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