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Adam S. Hersh, Ph.D.

@ahecon.bsky.social
1.7K followers 963 following 1.9K posts

Economist from the block. Frmr @EconomicPolicy @PERIatUMass @JECDems @Policy_Dialogue @CAPeconomy @rooseveltinst. #econsky #china #trade #industrialpolicy #manufacturing. 天下大乱,形势大好。

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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 09/10/2026
Manufacturing investment is down 24% under Trump. Remember when President Biden oversaw the highest level of U.S. manufacturing investment of all time?: fred.stlouisfed.org/graph/?g=1ZhMF
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 25/09/2026
First time I've driven a gas car in a few years. RUFKM?
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 24/09/2026
The National Archives is ready for Trump to show Xi Jinping how he’s shredding the Constitution. #TrumpXi2026
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 21/09/2026
Um, who owns the license to AMERICA 250?
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 20/09/2026
Wow, #MSP!
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 18/09/2026
Always a good sign when you have to spin reporters about the call not going badly: www.politico.com/news/2026/09...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 14/09/2026
Uniformed FBI agents just casually hanging out on corners, H St NE. #DCLife
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 05/09/2026
Criminals will go free because...?
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 02/09/2026
This is not a word, it is onomatopoeia.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 01/09/2026
Take that, Sam Ezersky. And get a better dictionary. Like, one printed on paper.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 26/08/2026
For no particular reason, wanted you to know that—excluding that sweet, sweet oil we can’t get enough of—the U.S. ran a sustained trade *surplus* with Canada *before* Trump threatened their sovereignty and launched an illegal trade war with our closest neighbor and ally. www.epi.org/publication/...
Excluding petroleum, the U.S. trade deficit with Mexico increased from $49 billion in 2009 to a projected $199 billion in 2025, while the deficit with Canada grew from $18 billion to $64 billion. Dashed lines represent trade excluding petroleum; solid lines represent total trade. The chart marks Trump’s inauguration in 2017 and the USMCA taking effect in 2020.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 22/08/2026
Trump walking away from the "greatest trade deal of all time"--which he negotiated--send like a good time to remind folks that the US actually has a trade surplus with Canada if you net out all that delicious oil we buy. www.epi.org/publication/...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 10/08/2026
Even American worms are having a tough go in the Trump economy. #tradewar #USMCA #fishinglife
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 01/08/2026
Even Kevin Hassett can’t cubic smooth the sharpest ever decline in U.S. factory investment. That peak is Nov ’24, the month of Trump’s election. Everything has been downhill since. fred.stlouisfed.org/graph/?g=1X0nI
Federal Reserve data on total US manufacturing construction investment shows a sharp decline following Trump’s second election in November 2024, reversing the manufacturing investment boom under President Biden.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 30/07/2026
Racial and Ethnic Inequality and the China Shock Kahn, Lisa B., Lindsay Oldenski, and Geunyong Park. 2026. "Racial and Ethnic Inequality and the China Shock." American Economic Journal: Economic Policy 18 (3): 476–508. www.aeaweb.org/articles?id=...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 30/07/2026
And how high did he want inflation to get?
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 30/07/2026
Remind me: did Kevin Warsh want interest rates to move up or down?
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 28/07/2026
Here’s how the Trump administration is now screening applicants for federal civil service positions:
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 27/07/2026
True that, White House. We sure haven’t seen this pace of auto job losses since Trump bungled the pandemic. www.washingtonpost.com/politics/202...
Data from the Federal Reserve Bank of St. Louis show that manufacturing jobs have been in decline since President Trump took office in January 2025.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 27/07/2026
Republican MI Senate candidate Perry Johnson showing some real Sad Boy energy. www.washingtonpost.com/politics/202...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 22/07/2026
War criminals gonna war crime...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 17/07/2026
Now I know what a brisket feels like, but for the future I prefer post oak to maple. #Canadianfires
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 15/07/2026
World Cup cheat sheet
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 08/07/2026
MAGA education policy, in pictures
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 07/07/2026
Every other country in the world, I guess…because sportsmanship. "Hate us for it if you want, but the U.S. did what was necessary for Folarin Balogun’s return" www.nytimes.com/athletic/742...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 07/07/2026
Unimpressed, but unsurprised, @nytimes.com @rejectednytwords.bsky.social #1u
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 04/07/2026
Capitol Hill, DC rn: American fascists on the march.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 04/07/2026
Leaders who are more curious about the world than their own ego would be nice. www.independent.co.uk/news/world/a...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 03/07/2026
Here's the schedule for tomorrow's festivities. I hope Dear Leader likes his military parade in the sky better than last year's sad parade.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 03/07/2026
According to GAO, some of these aircraft cost upwards of $100k/hr to operate. Right now, jets are flying over about every 90-120 seconds.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 01/07/2026
Dear @nytimes.com, I think you mean Money*TAKING*, not moneymaking. Moneymaking suggests producing something of value to others.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 18/06/2026
Trump was supposed to drain the swamp, but it seems like he keeps adding swamp to Washington, DC.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 17/06/2026
I’m old enough to remember when Fox News and official Washington demanded a pound of flesh from President Obama for demeaning the office by wearing a tan suit.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 08/06/2026
@joshbivens-econ.bsky.social and I had a better way to get at this problem, but sorry if I'm not sorry about importers taking a haircut on cheap toys for kids made by (often) child workers in forced labor. www.epi.org/publication/...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 03/06/2026
DC before. DC today. DC tomorrow.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 01/06/2026
Investments in new manufacturing construction are down (monthly) $42.7 million since Trump took office, new Census data show. #winning fred.stlouisfed.org/graph/fredgr... www.census.gov/construction...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 23/05/2026
Life is all about perspective. For example, from this perspective, the University of Michigan measure of consumer sentiment has never been higher! #winning
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 21/05/2026
If he means older and closer to death, I would have to agree.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 21/05/2026
Sino-Canadian relations are already taking a great leap forward at Shanghai's Hongqiao airport.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 20/05/2026
Sun RA Arrival Day is nigh, for those of you who travel the space ways.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 20/05/2026
Props to @simonlester.com here:
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 20/05/2026
LOL Vapor Technology Association…so, youth vaping is at 0? Because it used to be 0 before you guys came along. This message brought to you by @politico.com.
Screenshot from Politico.com’s morning Playbook contains a paid ad from the Vapor Technology Association—a lobbying group representing the vaping industry—claims that “youth vaping is at historic lows.” Youth vaping was zero before the companies behind the Vapor Technology Association came along.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 19/05/2026
Anyone else seeing this over at irs.gov? Has Trump just diverted all our tax refunds to his J6 slush fund? A couple weeks ago it provided a specific timeline for refunds.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 18/05/2026
A few more CCTV cameras and I think this Shanghai milk tea shop will be secure.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 18/05/2026
The most remarkable thing about this story to me is that there is a Jewish person in Idaho.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 16/05/2026
IMO, the message was not that China is getting along better with the US, but that a weakening US is finally giving China the respect and deference it deserves: Trump’s ‘Learning Curve’ on China Ends With Conciliation at Summit www.nytimes.com/2026/05/15/w...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 14/05/2026
ChatGPT, please draw me a picture of Trump’s dealmaking artistry in Beijing:
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 14/05/2026
You can imagine how this went down: Trump: Why don’t you buy more great American oil? Xi: That’s…interesting...
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 14/05/2026
Hey, @politico.com, it’s not that the 1989 Tiananmen Square protests were deadly, it was the Chinese government’s response to peaceful protests that was deadly. ...Just like we wouldn’t say the 2026 Minneapolis protests were deadly, but ICE’s response to the protests. There's a big difference.
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Adam S. Hersh, Ph.D. @ahecon.bsky.social · 12/05/2026
All the news that’s fit to print, they say… @nytimes.com
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