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prestonmui.bsky.social
Economist at Employ America | Kasia Niewiadoma Fanboy | Bird Liker | Seattle, WA
248 posts 4,646 followers 371 following
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They should draw red dots on the planes from now on. Those planes always make it back safe.

Reeducation camps but we teach overlapping generations models

"Still love the truck, though"

Terrible news.

@ericvannostrand.bsky.social & I are in @briefingbook.bsky.social on infrastructure. Last week, @jasonfurman.bsky.social argued that real US infrastructure investment has fallen since the pandemic. Eric & I find however that using BEA’s deflator, real highway spending is up 11% since 2019. 1/11

Ok this is making the rounds and tbc the scale of what is happening to the federal workforce and with impoundment is unprecedented - but I think we need to be really careful about assuming this is going to all hit at once in March or that we know the size of the impact 1/

The arrival of Elon Musk’s allies at the Labor Department has sparked fears that the quality of the agency’s reports on everything from inflation to jobs could suffer at the hands of inexperienced outsiders — with global consequences By @samjsutton.bsky.social & me: www.politico.com/news/2025/02...

Oh god I used his monetary policy shock series in my jmp www.justice.gov/opa/pr/forme...

I’m watching closely for anything happening inside BLS, Census and the other federal statistical agencies. Know something? Reach out — anonymity guaranteed. Signal: bencasselman.96

I just put up a longish blog post trying to think through what it means to write about policy in the Trump era. jwmason.org/slackwire/wr...

It's pure economic

Good lord

Going to be in DC next week, if you want to meet, lmk and I'll try to make it happen

ing to be in DC next week, if you want to meet up lmk and I'll try to make it happen

Two weeks in Colombia and I already know how to (poorly) communicate in a few common situations, such as ordering food and explaining that I'm not Japanese

We're less than a week in? Seriously?

Just had our data access rescinded for a projected using federal microdata to study and reduce disparate impact in housing markets.

Been blissfully offline this week. Here's an antpitta

In Bogota my bird guide is asking me about the tiktok ban

Lol

This is absolutely nuts, complete economic illiteracy. *BESSENT: ECONOMY BARRELING TO CRISIS IF TAX CUTS NOT EXTENDED *BESSENT: US FACING ECONOMIC 'CALAMITY' IF TAXES GO BACK UP *BESSENT SEES A 'SUDDEN STOP' IF US TAX CUTS NOT EXTENDED

For the first time since 2014, wage growth* is faster for highest-paid workers than the lowest-paid workers. * according to the Atlanta Fed wage growth measure

some rent data from my neighborhood although maybe this reflects the recent stabbing spree on my block

Wildest solicitation to buy my house that I’ve ever received.

For private insurance to work risks must be uncorrelated, climate change is likely going to require a national public reinsurance backstop for the home insurance market to function. State programs, FEMA are just not enough time.com/7205849/los-...

Overall churn in the labor market is mostly back to pre-pandemic level as hires & quits have fell but layoffs have remained mostly stable - here's how I think about job market dynamism: (total hires - separations) / nonfarm payrolls Butttt this looks very different depending on the industry

imo men need to stop looksmaxxing and start vo2maxing. 3x5 minutes @ 110 rpm, full gas, is a good place to start

Whole immediate family now lives in LA. Mom has been fielding calls from folks back home (east coast) all week asking if it’s true that: - the entire city has evacuated - all the water is gone - Newsom is prepared to resign - the LAFD chief is trans - the Hollywood sign is gone - Elon is helping

#NumbersDay

Lots of "little changed over the month and over the year" in this jobs report #NumbersDay