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Josh Sack

@joshsack.bsky.social
480 followers 1.6K following 248 posts

Econ PhD Candidate at American University. Frequently an opposition researcher for democrats. Runner, and Liverpool fan. #julialang enthusiast. Enthusiastically Liberal Joshsack.xyz

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Josh Sack @joshsack.bsky.social · 07/03/2026
Jack Schlossberg’s rampant NIMBYism was a great opportunity to do what I do best: a too-long post about something I have been thinking about for far too long to be clear eyed about. open.substack.com/pub/joshsack...
open.substack.com
The Estate Tax is Basically Optional. Changing that would Benefit us All
Let's fix things before a new American aristocracy is entrenched
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American Bridge 21st Century @ab21.bsky.social · 27/01/2026
Today, we're launching Research-books.com because opposition research can’t only be the tool of the professional political consultant; everyone deserves to know the truth behind the Republican extremists seeking election in 2026. www.politico.com/news/2026/01...
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Josh Sack @joshsack.bsky.social · 11/01/2026
We need to have a real conversation about the fact that the government has been giving the richest Americans an interest free loan to behave inefficiently. open.substack.com/pub/joshsack...
open.substack.com
Zero Interest is a (Bad) Policy Choice
The time to fix capital gains taxes has come
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Josh Sack @joshsack.bsky.social · 05/12/2025
The Goldbugs and crypto people were on about deflation again. So I decided to respond in their language: a too-long blog post about events that happened outside of living memory. open.substack.com/pub/joshsack...
open.substack.com
Geology is Bad Monetary Policy
Shut up Goldbugs
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Josh Sack @joshsack.bsky.social · 07/08/2025
I put together a little note on how I would solve gerrymandering. open.substack.com/pub/joshsack...
open.substack.com
A Structural Solution to Gerrymandering
Beyond Independent Redistricting Commissions
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Josh Sack @joshsack.bsky.social · 07/04/2025
Two episodes of Odd Lots in a day? Things really are dire.
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Josh Sack @joshsack.bsky.social · 07/04/2025
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Max Kennerly @maxkennerly.bsky.social · 04/04/2025
Yup. If you really want to play the "Oracle of Omaha" game, Buffett has been largely sitting out the entire market, preferring cash over any equities. The exact opposite of the lie Trump himself is pushing. And Buffett has been right.
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Paul Goldsmith-Pinkham @paulgp.com · 04/04/2025
It continues! And it's bad! Yesterday was a 0.4th percentile event, and today's drop (so far) is a 1.4th percentile day!
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Simon Johnson🇺🇦 @simonrjohnson.bsky.social · 04/04/2025
Did he say "the markets are going to boom" or "the markets are going to go boom" ?
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danny @dabbs346.bsky.social · 03/04/2025
No re-examining has been done, but a doubling and tripling down has been. #mesen #mepolitics
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Josh Sack @joshsack.bsky.social · 03/04/2025
These would be dope, other than the $12 black coffee and occasional risk of being poisoned
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Anna Bower @annabower.bsky.social · 03/04/2025
Wow who could’ve guessed that this would happen It’s almost as if USAID was a pillar of American soft power and influence in the world It’s almost as if it was entirely predictable that America’s adversaries would work to fill the void left by USAID’s destruction
Haley Britzky @halbritz

AFRICOM commander Gen. Langley tells senators that China is "trying to replicate" USAID programs in Africa as the US scales back USAID.

"They're trying to use that as an extension of the Belt and Road Initiative to gain favor by the African countries," Langley said.
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Dan Diamond @ddiamond.bsky.social · 03/04/2025
As global markets melt down, Trump is turning to … pro golf. The president is headed to a LIV Golf event hosted at one of his Florida clubs. It’s another example of Trump prioritizing his relationships with the Saudis — they own LIV — and blending his personal business and presidential office.
washingtonpost.com
LIV Golf, Saudi relationships pull Trump to Florida as markets rage
The president’s dinner with golfing leaders, hosted at his club, comes as the global economic order reels from Trump’s tariffs announcement.
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Josh Sack @joshsack.bsky.social · 03/04/2025
Looks like the market priced in economists’ reaction
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Justin Wolfers @justinwolfers.bsky.social · 03/04/2025
Take a simple example: I run a trade deficit with Trader Joe's buying their meals, while they buy none of mine. My trade deficit as a share of my imports is 100%. By Trump's trade logic, this deficit is evidence they're imposing 100% tariffs on the meals I try to sell them. Obviously this is false.
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Justin Wolfers @justinwolfers.bsky.social · 03/04/2025
This chart, from Twitter user @nonagonono, is amazing. It shows Trump's "reciprocal trade barriers" are no such thing as they ARE NOT RELATED TO ACTUAL TARIFF BARRIERS. Rather, his magic number is half of the bilateral trade deficit (as a share of imports), or 10%. This is indescribably crazy.
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Alan Beattie @alanbeattie.bsky.social · 03/04/2025
How it started How it's going
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Jason Coupet @professajay.bsky.social · 03/04/2025
You can totally see how this mf bankrupted a casino.
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Josh Sack @joshsack.bsky.social · 03/04/2025
I’m not forgetting about the people on our side who killed the TPP and pushed the last admin to keep a lot of the protectionism
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Brendan Nyhan @brendannyhan.bsky.social · 03/04/2025
"The truth is, these are not very bright guys, and things got out of hand."
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Catherine Rampell @crampell.bsky.social · 03/04/2025
Every single Republican stooge who claimed Trump truly meant it when he said he’d expand IVF coverage — despite his track record to the contrary — owes America an apology. www.nbcnews.com/health/healt...
nbcnews.com
CDC's IVF team gutted even as Trump calls himself the 'fertilization president'
The elimination of the CDC's Assisted Reproductive Technology Surveillance team shocked experts and advocates who felt encouraged by President Donald Trump’s support of IVF.
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Don Moynihan @donmoyn.bsky.social · 02/04/2025
Dead people telling the President to pursue a trade war with an uninhabited island is real George III territory
Trump said he talked to Lee Iacocca, deceased, about his tariff plan
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Elizabeth Spiers @espiers.bsky.social · 02/04/2025
Trump is the most economically illiterate President of my lifetime. Which is particularly disturbing when you consider that his supporters love him because he’s, in their view, a business genius.
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Justin Wolfers @justinwolfers.bsky.social · 02/04/2025
Monstrously destructive, incoherent, ill-informed tariffs based on fabrications, imagined wrongs, discredited theories and ignorance of decades of evidence. And the real tragedy is that they will hurt working Americans more than anyone else.
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Maia @maiamindel.bsky.social · 02/04/2025
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Josh Sack @joshsack.bsky.social · 02/04/2025
A reminder from my shirt
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Maia @maiamindel.bsky.social · 01/04/2025
do any tech billionaires have a political agenda beyond "the government needs to find a bagholder for my shitcos"?
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Josh Sack @joshsack.bsky.social · 01/04/2025
I remember when Hillary’s schedules being on the server was the worst crime in American history. www.washingtonpost.com/national-sec...
washingtonpost.com
Waltz and staff used Gmail for government communications, officials say
Trump’s national security adviser is trying to manage his way out of a crisis. But new revelations about his team’s operational security are piling up in the inbox.
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Josh Sack @joshsack.bsky.social · 31/03/2025
This Bloomberg news quiz style is quite fun. I will have to be better about my leverage and hedge moments, (as well as signing the initial weights), but it is fun.
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Hillary Rodham Clinton @hillaryclinton.bsky.social · 31/03/2025
Hi, BlueSky. It's Hillary. I've joined up here to help get the word out about an important election in Wisconsin tomorrow, and other ways to defend our democracy against those who think votes can be bought.
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Carl Quintanilla @carlquintanilla.bsky.social · 31/03/2025
JPM calls it “the fastest Momentum unwind in 40 years .. erased 2 years’ worth of gains and accelerated investors’ late-cycle positioning into Defensive / Low Vol ..”
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Josh Sack @joshsack.bsky.social · 30/03/2025
Making affordable housing more energy efficient is government efficiency. The one time costs reduce the long term cost of running these buildings, making them less expensive to the government over time. www.bloomberg.com/news/article...
bloomberg.com
Affordable Housing Developers Stalled by Blocked Federal Funds
Efforts by DOGE to claw back $1 billion in loans and grants for energy-efficiency upgrades have put plans for hundreds of housing developments at risk.
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hammerhead179.bsky.social @hammerhead179.bsky.social · 29/03/2025
I checked. Not working for me as of 9:30 EST. The longer this goes on, the more people are gonna freak out.
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southpaw @nycsouthpaw.bsky.social · 29/03/2025
That’s the Pam Bondi-led United States Department of Justice that Judge Jackson is talking about.
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Josh Sack @joshsack.bsky.social · 27/03/2025
The difference between the way Brad Jacobs talks about improving efficiency on today’s Odd Lots as opposed to DOGE’s approach is quite staggering.
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Josh Sack @joshsack.bsky.social · 27/03/2025
LeBron James
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Josh Sack @joshsack.bsky.social · 27/03/2025
If you were the CCP, would there be anything you didn’t like about the Trump administration so far? www.bloomberg.com/news/article...
bloomberg.com
Trump Says He Could Cut China Tariffs to Secure TikTok Deal
President Donald Trump said he would consider lowering tariff rates imposed on China to secure Beijing’s support for a sale of the US operations of ByteDance Ltd.’s social video platform TikTok to an ...
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Guy Bundestrivago @convolutedname.bsky.social · 26/03/2025
Spiegel reporting that they are way more careless
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Julian Sanchez @normative.bsky.social · 26/03/2025
Confirming, as was obvious from context already, that this wasn’t a one-off. They are routinely using Signal to evade statutory record retention requirements.
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Josh Sack @joshsack.bsky.social · 25/03/2025
Crypto is fucking worthless, and a big mistake of the Biden administration was not completely killing it. As for robinhood accounts, the stock market preformed much better under Biden than either Trump term.
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Josh Sack @joshsack.bsky.social · 25/03/2025
Maybe it’s because I’m currently reading a book on Iran Contra, but I can’t help but wonder what role the scheme played in the instability of the northern triangle countries to this day
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Josh Sack @joshsack.bsky.social · 24/03/2025
As a person who has read a lot of Minsky, this seems like it can only end well for all involved. on.ft.com/4iwrwkL Saylor’s Strategy, and the trouble with Strife
on.ft.com
Saylor’s Strategy, and the trouble with Strife
An innovative play on bitcoin maximalism, or an instrument of maximal shareholder dilution?
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Josh Sack @joshsack.bsky.social · 24/03/2025
As someone who was alive in 2016, it took me a good minute after finishing this article for my head to resemble after exploding.
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Josh Sack @joshsack.bsky.social · 23/03/2025
The NBA should make it legal to dunk your free throws again. If you can do a free throw line dunk every time you have to take a free throw, you deserve those points.
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Josh Sack @joshsack.bsky.social · 21/03/2025
This is only going to empower them. Before long, economists who conclude that the TCJA increased deficits will see their university’s federal funding cut as well. www.wsj.com/us-news/educ...
wsj.com
Exclusive | Columbia Yields to Trump in Battle Over Federal Funding
Columbia’s agreement is a significant moment in the intensifying battle between Trump and elite universities.
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Josh Sack @joshsack.bsky.social · 21/03/2025
I guess that plan is gone. www.nytimes.com/2025/03/20/u...
nytimes.com
Musk Set to Get Access to Top-Secret U.S. Plan for Potential War With China
Giving Elon Musk access to some of the nation’s most closely guarded military secrets is a major expansion of his role as an adviser to President Trump and highlights his conflicts of interest.
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Josh Sack @joshsack.bsky.social · 19/03/2025
As someone who is financially responsible, the only clothing I spend money on is running shoes
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Justin Baragona @justinbaragona.bsky.social · 19/03/2025
In the end, these folks -- who spend much of their time on-air raging about liberal snowflakes and the death of masculinity -- just come across as the softest people on the planet.
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