Harrison Moore
@hw_moore
Reposts/engagement do not connote support, except in the cases they do.
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If you thought last night was horrific for Republicans, your eyes weren't lying to you. If anything, things might be even worse for them than you think. ettingermentum.news/p/the-tuesday-…
It’s an interesting question why nobody believes this chart:
Here's a handy IFS tax change analysis since 2010, distributed by household income decile. The state takes less tax from the bottom 90% of households compared to 2010. And takes a socking great lot more from the top 10%. We really, really have taxed high incomes, @bencsmoke.
Love this very British survey response category of "Focussed abuse, but no name given"
Canada and Australia beginning to make Rishi Sunak look like an election mastermind simply by keeping his seat
🚨 Incredible. ABC project Liberal leader Peter Dutton will lose his seat.
Reupping this paper for no reason at all. Tariff exemptions, and rejection of exemptions, are correlated with firm-level political connections. papers.ssrn.com/sol3/papers.cf…
I believe we just had a social media infused Wall Street boomlet that moved about $4t in market value based off of an erroneous read of a two hour old interview.
They’re saying it out loud.
What kind of world do you want to live in? 🌏
Before any further selloff today, a chart from a story we're publishing later this week. US auto manufacturers, including Tesla, hit harder by tariffs than foreign ones.
For the first time ever in CNN’s polling, a majority disapprove of Trump on the economy. And it’s a clear majority: 56%.
Western economists and statisticians take a maximally generous view of accounting for "services" "output," going so far as to include theft and gambling as economic output. Chinese government statisticians do the opposite. But this doesn't mean Chinese services are that bad.
Yun Sun in Foreign Affairs: “Beijing assumes that Washington’s own policies will dismantle the foundations of U.S. global hegemony, even if it creates a lot of turbulence…in the process. China’s top priority, then, is simply to weather the storm.” foreignaffairs.com/china/chinas-t…
Pro-Yoon legislators argued in the party meeting that the president declared martial law because he was "lonely" and "needed a friend to talk to."
That's really good
What Kamala’s defeat means for Labour’s 5 missions – @patrickkmaguire thetimes.com/comment/column…
With Alito and Thomas likely retiring in the next two years, Trump will be the first president since FDR to have nominated a majority of justices on the Court, joining Washington, Lincoln, Taft as the only presidents to do so.
Update: The German government coalition has now almost certainly collapsed. No official announcement yet, leaders are still talking in the chancellery, but Finance Min Lindner has urged Scholz to pave the way for snap elections (likely in early March). First reported by Bild.
Olaf Scholz is still fighting, but the chances of the German government coalition surviving this week look pretty slim. Get ready for a breakup as early as tomorrow. Personally, I don’t think the U.S. election will matter that much. With Trump, a fresh start might be even better
Dems need to internalize this. This was not the worst case scenario. A more competent Republican Party is doing Reagan numbers right now and that’s not a joke. Burgum wins New Jersey. Haley wins Illinois. Despite how bad this is there are even bigger warning signs flashing red.
If Trump won by this much, how much would Haley have won by? Would she have won New Jersey(D+5 right now)? Illinois (D+8 right now)? New York (only D+11 right now)? The floor has disappeared from underneath the Dems - I can't see what a realistic floor would even be.
First Real Poll™ of the big 3 (Selzer and NYT/Siena to go)
New Marquette Law School Poll survey of Wisconsin finds Democratic Vice President Kamala Harris supported by 50% and Republican former President Donald Trump supported by 49% in head-to-head matchup among likely voters. #mulawpoll
Voters do not know / significantly misperceive state spending. This should worry every policy maker. Some quick excel work I’ve done pulling data from @TheIFS and other sources for 2023.
First, there is widespread misunderstanding of tax and spending. Portland asked respondents to list the top three things Government spends money on:
Because most people don't understand the size of the Government budget. Only one in six people got the right order of magnitude:
huh, was not aware presidents only serve 38-month terms
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