Sign in

Mike Madowitz

@mikemadowitz.bsky.social
2.8K followers 909 following 1.9K posts

Now: Principal Economist @rooseveltinstitute.org & Roosevelt Forward. Then: @equitablegrowth |@JECDems | @amprog | @RFF | @UCSDecon | @BrookingsEcon. This = me+β(no_sleep)+ε rooseveltinstitute.org/authors/mich…

PostsRepliesMedia
Reposted by Mike Madowitz
Roosevelt Institute @rooseveltinstitute.org · 48m
Increasing Black homeownership sounds like an easy fix for the racial wealth gap. But that assumes a housing market that treats every buyer the same. New research from @zraresearch.bsky.social breaks down three assumptions behind that idea and why they don't hold up.🧵
rooseveltinstitute.org
Homeownership Is Not a Solution to the Racial Wealth Gap
Can increasing Black homeownership close the racial wealth gap? Zawadi Rucks-Ahidiana examines how wealth inequality, housing discrimination, predatory lending, and unequal appreciation make homeowner...
15113
Reposted by Mike Madowitz
Data & Society @datasociety.bsky.social · 23h
We're so excited to work with these brilliant residents!
052
Mike Madowitz @mikemadowitz.bsky.social · 3h
Oh, it’s gonna be a cool one today?
020
Mike Madowitz @mikemadowitz.bsky.social · 17h
ATL Fed has a lag, but this would be a welcomed reversal if it wins I aggregate
000
Mike Madowitz @mikemadowitz.bsky.social · 17h
‘External’
010
Mike Madowitz @mikemadowitz.bsky.social · 22h
Some days I think about that decade+ we absolutely blew it on full employment & energy investments b/c #fixthedebt ppl were right in the 1990s & cocktail parties != Bayesian
030
Mike Madowitz @mikemadowitz.bsky.social · 07/10/2026
3-1-6 just doesn’t quite have the same ring
050
Reposted by Mike Madowitz
Lily Roberts @lilyroberts.bsky.social · 06/10/2026
Made my WSJ debut calling for more guardrails on Trump Accounts. Treasury says kids will be auto-enrolled (great!), but will still have to claim the money (bad!), and they're overruling Congress's intent by allowing contributions of individual stocks (bad AND weird!). www.wsj.com/politics/pol...
wsj.com
Trump Accounts’ Extraordinary Expansion Puts Individual Stocks Into Kids’ Holdings
Millions of kids will receive donated stocks in individual companies that they can’t reject and can’t sell for five years.
174
Mike Madowitz @mikemadowitz.bsky.social · 06/10/2026
Who could have seen it coming!
030
Mike Madowitz @mikemadowitz.bsky.social · 06/10/2026
Been clear since the first hike this was coming. As long as markets keep funneling cash to AI, the rest of the economy is going to eat the cost of getting inflation under control
121
Mike Madowitz @mikemadowitz.bsky.social · 05/10/2026
"Give farmers' fuel to truckers"' is definitely giving deck chairs on the Titanic Regardless, I'wouldn't get on a plane to Nebraska to announce it
politico.com
Trump plans executive order seeking to bring down high diesel costs
The announcement, expected during a Monday campaign stop in Nebraska, comes after the White House rejected a ban on diesel exports.
020
Reposted by Mike Madowitz
Alí R. Bustamante, Ph.D. @dralibustamante.bsky.social · 03/10/2026
Love labor market commentary and fluent in Spanish? Enjoy my interview about today’s job report on Univision Prime Time. photos.app.goo.gl/dRZi2mTmsTJn...
photos.app.goo.gl
New video · Friday, Oct 2 🎬
Tap to view!
021
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Reminder that the aggregate slowdown in wage growth this month is masking some key differences With job switcher wage growth diverging over the summer, this month may paint an even grimmer picture for most people in low-hire-low-fire land (we'll know more when we get microdata)
021
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Evergreen
010
Reposted by Mike Madowitz
Aaron Sojourner @aaronsojourner.org · 02/10/2026
Last thing. @usbls.bsky.social does amazing work to create timely, accurate info about America's working families, a huge public good They're there for us & we need to show up for them If u r a labor economist or care abt workers & employment, follow & join Friends of BLS www.friendsofbls.org/join
0124
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
A real test of what ppl see as The Economy now. ~100 million Americans are comfortably not in the labor force Costs are a big deal, but incomes are split in how they react to a bad jobs report. If you were watching this screen on mute etc
021
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
we're so back!
111
Reposted by Mike Madowitz
Elise Gould @elisegould.bsky.social · 02/10/2026
Notable weakness in today's #jobs report for this morning. Payroll employment grew by 29,000 while downward revisions to both July and August totaled 60,000. July is now recording losses. The job growth in September (29,000) is slower than the prior 12 months (45,000). #EconSky
63123
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Stonks LOVE the bad jobs report!
2163
Reposted by Mike Madowitz
Scott Imberman @imbernomics.bsky.social · 02/10/2026
The monthly data seems to be rather noisy lately. 3 month average is probably better tracker.
1125
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
IDK what to tell folks other than seasonal adjustment is off I'd be shocked if the labor force actually grew by 0.2%/500K ppl in September
100
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Spoiler: Real wages are falling for another month (before I even see September CPI I can tell you this)
0106
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
you (and the no hikes this month ppl) win!
010
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Not a banger, esp w/ revisions "employment in July & August combined is 60,000 lower than previously reported"
141
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
I'm just a country economist who's happy when people get jobs But if you want Line Go Up, you need a JobsDay bloodbath in the next 10 minutes
020
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
This implies either a big downard revision to last month or that forecasters aren't reading enough @econberger.bsky.social
020
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
New Kalshi market just dropped
131
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
The hottest economy in the world
030
Mike Madowitz @mikemadowitz.bsky.social · 02/10/2026
Anyone else getting good jobs numbers vibes? (I mean, good jobs numbers may be bad b/c Fed hikes more, but you get the idea)
300
Reposted by Mike Madowitz
Stephen Nuñez @socio-steve.bsky.social · 01/10/2026
Recently Sarah Huckabee Sanders did an advertisement featuring the "lazy couch potato video game player welfare receipt" trope (and stepped in it with her racist base). So it's a good time to reup my work on this harmful narrative with my colleague Noa Rosinplotz rooseveltforward.org/2025/09/04/a...
rooseveltforward.org
ABAWDs are Workers, Caregivers, and Neighbors, Not Political Punching Bags - Roosevelt Forward
After spending the summer being heckled by constituents who are angry about the so-called “One Big Beautiful Bill,” GOP lawmakers are being advised by the White House to instead focus on the bill’s im...
1195
Reposted by Mike Madowitz
Eric Budd @ericmbudd.com · 01/10/2026
“Diesel is the mother’s milk of the economy,” said one respondent from an oil and gas support services company. “We are just starting to see the impact on the wider economy.”
052
Mike Madowitz @mikemadowitz.bsky.social · 01/10/2026
Genius stuff
giftarticle.ft.com
US oil industry warns diesel prices will not return to normal for a year
Dallas Fed survey finds energy executives believe high cost of fuel will persist
1134
Mike Madowitz @mikemadowitz.bsky.social · 01/10/2026
~75% of home mortgages are at a lower interest rate than the US government can get right now
0204
Mike Madowitz @mikemadowitz.bsky.social · 01/10/2026
Congrats man, can’t wait to listen!
000
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
OMG, he invented a double dividend that’s happening even less than a carbon tax
121
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
I see what you did there!
010
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
[sips raw milk]
static.klipy.com
Bearded Man's Friendly Nod
ALT: Bearded Man's Friendly Nod
000
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
lol, tried Gemini for an OBBB stat between meetings—it answered so wrong I checked sources and it was going off a house majority press releases
231
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
Can't prove it, but this is almost definitely housing inflation--PCE fixes some CPI issues, but IIRC housing is part of the huge majority where they're tweaking components of CPI so lots of momentum baked into the underlying submeasure
120
Reposted by Mike Madowitz
Aaron Sojourner @aaronsojourner.org · 30/09/2026
So great that this is recognized as incredible and shocking now
0396
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
Oh yeah, to be clear I have absolutely no knowledge of ball or when sportsball happens. These are senator problems! If we don't get a pass you should buy stock in locker companies b/c there aren't enough to shove all of us in!
020
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
*I said Q2 PCE inflation was lower I did not say inflation is low, this map is brutal
1224
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
Notch another win for those who think terrible consumer sentiment is about living in The Bad Place with good GDP. This is an S-tier GDP revision w/ lower inflation (almost entirely attributable to the PCE methodology change) www.bea.gov/news/2026/gd...
1132
Reposted by Mike Madowitz
Gregory Daco @gregdaco.bsky.social · 30/09/2026
💥Strong, but not sustainable consumer spending in August 🛒Consumer spending +0.9% ✅Inflation-adj +0.6% 💵Disposable income +0.3% 🔶Inflation-adj +0% 🏦Savings rate: 4.1% (-0.5pt) 📈PCE #inflation ↔️Headline inflation: 3.4% (flat) ↔️Core inflation: 3.0% (flat)
2112
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
The idea that there is a limited supply of sportsball on any given day implies a profound lack of knowing America/ball
150
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
TBH this just makes me think AI is nailing the real record store experience. Playing dumb with the n00b is 💯
000
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
If you were a real nerd you'd write a book about an obscure genre tho!
2190
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
If only we'd seen this coming in 2020: "A 200-kilometer journey for a diesel truck in the US would cost you about $101, compared with just $21 for a similar-sized vehicle in China charged during off-peak hours."
bloomberg.com
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
Around a third of trucks sold in China this year will run on electricity, furthering Beijing’s goal of bolstering energy security.
043
Mike Madowitz @mikemadowitz.bsky.social · 30/09/2026
That’ll get em
000