aaronsojourner.org - Profile | ThreadSky | a Reddit-style client for Bluesky

A common claim is that One Big Beautiful Bill is deficit neutral when you account for economic growth. But we've got five independent macroeconomic analyses of OBBB and none of them find it's anywhere close to deficit neutral. In fact, two of them show it slows growth.

submitted 3 hours ago • 4 comments

Under the House-passed “big beautiful bill,” the bottom 30% of America on average gets poorer (see left graph) What happens when you incorporate Trump’s tariffs? Then the bottom 80% of America get poorer (see right graph)

submitted 4 hours ago • 0 comments

The acceleration in jobless claims is small potatoes so far, but I'm nervous that this is just the 1st inning of a more substantial and possibly disorderly cooling in labor markets. Link: macromostly.substack.com/p/high-frequ...

submitted 7 hours ago • 1 comment

news.bloomberglaw.com/daily-labor-...

submitted 5 hours ago • 1 comment

There is a fundamental disconnect between the K-12 public school system and the labor market demands faced by parents. Before age 5, after 3:00pm, and during the summer, parents are on their own to find a safe place for their children. I propose a solution: rooseveltinstitute.org/publications...

submitted 5 hours ago • 3 comments

“... likely to continue to see data series get cut, sample sizes reduced, & some products might get cut entirely, depending on... budget process,” said @jedkolko.bsky.social ... “statistics might get less accurate... more volatile... bigger revisions.” #EconSky #️⃣#️⃣ www.politico.com/newsletters/...

submitted 5 hours ago • 0 comments

if you're a family member of a National Guard member or Marine deployed to L.A. and want to talk please get in touch.

submitted 1 day ago • 26 comments

* JAPAN READIES $700M PACKAGE TO LURE TALENT AMID US BRAIN DRAIN @reuters.com

submitted 9 hours ago • 64 comments

Fact check: True

submitted 1 day ago • 2 comments

I finally found the time to listen to this excellent podcast on space economics. Excellent questions but what really makes it stand out are the answers by @akhilrao.bsky.social. I have never heard someone explain the principles of economics applied on space issues as clearly as clearly as here.

submitted 1 day ago • 3 comments

New unemployment insurance claims steady at 248K after creeping up in recent weeks. Continuing claims up 3% to 1.956 million, consistent with hiring remaining weak. #NumbersDay

submitted 12 hours ago • 0 comments

"'The sentiment across the board right now is that deploying military force against our own communities isn’t the kind of national security we signed up for,' said Sarah Streyder of the Secure Families Initiative..." www.theguardian.com/us-news/2025...

submitted 14 hours ago • 1 comment

SABEW, the Society for Advancing Business Editing and Writing, is raising alarm over troubling signs of deterioration in the quality and timeliness of work by federal statistical agencies. sabew.org/2025/06/sabe... #econsky @bencasselman.bsky.social @chrisrugaber.bsky.social @samsutton.bsky.social

submitted 19 hours ago • 1 comment

submitted 22 hours ago • 1 comment

Pope Leo’s first US episcopal appointment, San Diego’s Bishop-designate Pham, a Vietnamese refugee, invites priests and faith leaders to “stand in solidarity”with migrants at courthouse on June 20, as they make court appearances.

submitted 1 day ago • 174 comments

Reminder that I AM LATINA AND PROUD. I am the product of immigration - my grandmother was undocumented and entered the country from Mexico as a baby. My mother was a fierce, gorgeous Latina woman of Mexican and Spanish descent.

submitted 1 day ago • 716 comments

Keeping America safe from... [checks notes]... farm workers.

submitted 1 day ago • 9 comments

My framework right now — is inflation going to come from: -Shelter/housing? No -The labor market/wage growth? No -Above-trend NGDP growth? No So tariffs are bad but there’s no way they’re going to lead to anything more than a short-term blip in inflation.

submitted 1 day ago • 25 comments

The way Trump has responded to protests in California is very different than how he treated the Jan. 6, 2021, riot at the U.S. Capitol.

submitted 1 day ago • 17 comments

🔥 There it is. 🔥 #WSJ www.wsj.com/opinion/chin...

submitted 1 day ago • 4 comments

Over the year within-worker median wage growth was 4.3% in May and 3.8% for hourly workers, both flat per Atlanta Fed's Wage Growth Tracker. By focusing on change within worker, it sidesteps some issues in more common measures from changes in workforce composition www.atlantafed.org/chcs/wage-gr...

submitted 1 day ago • 0 comments

#NumbersDay

submitted 1 day ago • 0 comments

They want a fight. They deserve a clowning.

submitted 1 day ago • 1 comment

"...last #JobsReport (decent job growth, layoffs still down, unemployment still low, decent but not scary wage growth) & this [mild] CPI report are a recipe for [Fed] to remain in wait-&-see-what-happens-with-the-tariffs mode." @jaredb-econ.bsky.social econjared.substack.com/p/data_note-...

submitted 1 day ago • 0 comments

So...yesterday, I found out that my #PhD funding from the government was terminated so money for survival is now in jeopardy. 🙃 If you know of ANY sources of funding, please let me know. #academicsky #academia #research #blackademics #econsky

submitted 1 day ago • 20 comments

"I am alarmed by the increasingly aggressive power wielded by a small number of ultra-wealthy individuals" - @gabrielzucman.bsky.social www.theguardian.com/commentisfre...

submitted 1 day ago • 8 comments

A data broker owned by the major airlines, including Delta, American, and United, collected travelers’ flight records, sold access to them to Customs and Border Protection, and in the contract told CBP not to reveal where the data came from. From @wired.com: www.wired.com/story/airlin...

submitted 2 days ago • 22 comments

U.S. economic growth rate projection cut by half to 1.4%. China growth rate little affected at 4.5%, 3X faster. Per new World Bank estimates, change largely due to U.S. import tax (tariff) increase, from @deanbaker13.bsky.social. substack.com/inbox/post/1...

submitted 1 day ago • 3 comments

What happened when the U.S. forcibly sent 400,000 Mexican workers back to Mexico in the 1930s? The employment rate of native workers went down noticeably as a direct result. (You read that correctly) Why? Forced repatriation destroyed low-skill markets. www.sciencedirect.com/science/arti...

submitted 2 days ago • 7 comments