politicoricky.bsky.social @politicoricky.bsky.social · 15/09/2026Mitch McConnell got three months paid leave for a fall. Meanwhile, we still don’t have paid maternity and paternity leave 010
politicoricky.bsky.social @politicoricky.bsky.social · 14/09/2026Jared Kushner’s “peace” terms are a farce. Ukraine ceding land in the Donbas green lights Russia to take more in the future. This is what happens when you have unqualified nepo babies working on negotiations. Putin plays them like fiddles kyivindependent.com/ukraines-ref...kyivindependent.comUkraine's refusal to give up territory to Russia stalls peace deal, Trump envoy says"Ukraine right now does not want to do that," U.S. President Donald Trump's envoy and son-in-law Jared Kushner said. 020
politicoricky.bsky.social @politicoricky.bsky.social · 12/07/2026Today 87th and Harlem in Bridgeview, Illinois was officially designated as Little Palestine Way and Wadea Al-Fayoume Way. This honors the community’s contributions to the area and the 6-year old Muslim child murdered in a hate crime. 100
politicoricky.bsky.social @politicoricky.bsky.social · 28/06/2026Saying people use AC only for comfort is as idiotic as saying we only use heat for comfort. A ton of studies show AC improving —Student learning —Sleep —Cognitive performance —Safety —Productivity “But AC contributes to climate change!” Heat is worse, but we still need it in winters #econsky 110
politicoricky.bsky.social @politicoricky.bsky.social · 13/06/2026Taxing “every dollar above $1 billion” wouldn’t work for people like Elon Musk, bc he doesn’t have cash to tax This is bc the wealthy use their stocks as collateral to get loans and pay no tax. They borrow against themselves Here’s what you do instead so people can’t hoard $1 trillion: #econsky 151
politicoricky.bsky.social @politicoricky.bsky.social · 17/04/2026The producer price index (PPI) increased 4.0% year to year, largely bc of higher energy costs. Energy rose 8.5% in the last month alone PPI (mostly) measures business to business inflation. If these costs rise, you can expect CPI (consumer prices) to rise soon, unless businesses eat costs #econsky 010
politicoricky.bsky.social @politicoricky.bsky.social · 20/02/2026This is great news. Not only have tariffs hurt the economy, but they were also being weaponized against our allies and hurting international relations. #econsky 021
politicoricky.bsky.social @politicoricky.bsky.social · 13/02/2026You can’t address the cost of living crisis without addressing housing and transportation. Those two alone made up more than 50% of household spending in 2024 Source: www.bls.gov/opub/ted/202... #econsky 152
politicoricky.bsky.social @politicoricky.bsky.social · 06/02/2026Meanwhile life for the common folks continue to be more unaffordable #econsky 095
politicoricky.bsky.social @politicoricky.bsky.social · 05/02/2026The Cato Institute, a libertarian think tank, published a paper highlighting the econ benefits of immigration. They found immigrants: -Paid more in taxes than received in benefits (+$14.5 trillion) -Reduced deficits -Were a net positive even if low skilled or were non-citizens #econsky 3136
politicoricky.bsky.social @politicoricky.bsky.social · 01/02/2026Pay to play is the norm with this administration. Imagine the outrage if Biden did this. #econsky 010
politicoricky.bsky.social @politicoricky.bsky.social · 30/01/2026Trump nominates Kevin Warsh to replace Jerome Powell. Here’s some background on the nominee: #econsky 341
politicoricky.bsky.social @politicoricky.bsky.social · 28/01/2026Abolishing ICE is the mainstream position. It will be a litmus test for any Democratic candidate. And it’ll be a wedge issue for Republicans. This will continue to be a top concern for people. 011
politicoricky.bsky.social @politicoricky.bsky.social · 28/01/2026This is nonsense. We’ve been hearing about a dollar collapse for decades now. It’s very stable, however, there is a possibility it loses influence. Be wary of this and those who promote this rhetoric in order to sell non-liquid assets like gold. #econsky 020
Reposted by @politicoricky.bsky.socialKat Abughazaleh @katmabu.bsky.social · 28/01/2026On Holocaust Remembrance Day, we remember the six million Jewish people murdered by the Nazis, as well as countless other victims. We honor their lives by rejecting the evils of antisemitism, dehumanization, and authoritarian violence wherever they appear. Never again means never again for anyone. 266125202400
politicoricky.bsky.social @politicoricky.bsky.social · 25/01/2026Pro 2nd amendment people predictably supportive of the types of government actions they said they’ve always been against. #abolishice #ice #minneapolis #minnesota #democrats 001
politicoricky.bsky.social @politicoricky.bsky.social · 24/01/2026MAGA is lying saying the victim pulled a gun on ICE. He didn’t. He had a phone and was pepper sprayed, tackled, and executed. Don’t let them gaslight you. “The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” -1984 000
politicoricky.bsky.social @politicoricky.bsky.social · 23/01/2026The real kicker is that this might cause mortgage rates to rise. The 10-year yields are directly correlated with mortgage rates. As they go up, investors would rather invest in those than mortgage backed securities. That means mortgage rates need to rise to compete. #econsky 1101
politicoricky.bsky.social @politicoricky.bsky.social · 16/01/2026We’re long past “more training.” Abolish and prosecute ICE #abolishice 000
politicoricky.bsky.social @politicoricky.bsky.social · 12/01/2026Federal Reserve Chair Jerome Powell will go down as one of the greatest chairs in history. Not because of policy, but because of maintaining integrity under pressure. See his statement below #econsky www.threads.com/@federalrese...threads.comFederal Reserve Board (@federalreserveboard) on ThreadsVideo message from Federal Reserve Chair Jerome H. Powell: https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm 0232
politicoricky.bsky.social @politicoricky.bsky.social · 07/01/2026I’ll be posting more about this soon. Immediate takeaways: good populist start but not entirely effective. 1) Congress probably won’t pass it 2) private equity makes up a small portion of the market. Biggest issue in housing affordability is zoning #econsky 011
politicoricky.bsky.social @politicoricky.bsky.social · 06/01/2026It looks like we’re starting to see the impacts of tariffs on the mfg. sector “Comments from survey respondents continued to single out tariffs as a problem, with some manufacturers of chemical products saying they hoped "for some return to free trade.” #econsky www.reuters.com/world/us/us-...reuters.comUS factory sector contracts for 10th straight month in DecemberU.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald T... 011
politicoricky.bsky.social @politicoricky.bsky.social · 05/01/2026This is irresponsible reporting. The Fed paper looked at historical trends and found that tariffs led to higher unemployment and therefore put downward pressure on prices. They admit it could be different this time around due to our econ relying more on imports (see more below) #econsky 151
politicoricky.bsky.social @politicoricky.bsky.social · 05/01/2026MAGA: Iraq and Afghanistan were disasters. Ukraine should fend for itself. No more wars or foreign intervention. America first! 🇺🇸 Also MAGA: Hell yeah we’re invading Venezuela and nation building!! Cult. 041
politicoricky.bsky.social @politicoricky.bsky.social · 19/12/2025I’m not ashamed to admit I’ve always been a Romney fan. He argues that in order to save social security, there needs to be some reforms esp w/ revenues. Close the tax loopholes (caverns) that allow the wealthy to exploit the system. Great read #econsky www.nytimes.com/2025/12/19/o... 031
politicoricky.bsky.social @politicoricky.bsky.social · 18/12/2025It’s significantly more dangerous to be a nurse relative to other private workers. Nurses face more violence, exposure to harmful substances, and overexertion (2021-2022 data). www.bls.gov/opub/ted/202... #econsky 021
politicoricky.bsky.social @politicoricky.bsky.social · 16/12/2025UR steady at 4.6%. Job gains in construction and healthcare, losses in fed gov Last month everyone said they hid bad numbers by not publishing data. Reality: shutdown means no survey collection If they were hiding bad numbers, why publish this month? These numbers aren’t good #econsky 221
politicoricky.bsky.social @politicoricky.bsky.social · 08/12/2025The bailout directly contradicts the administration’s claims that tariffs won’t hurt producers or consumers. This happened the first time around. It’ll happen again. #econsky www.washingtonpost.com/politics/202...washingtonpost.comTrump to announce $12 billion tariff relief for farmersFarmers — particularly those who produce soybeans — have felt the effect of the president’s tariff policies. 162
politicoricky.bsky.social @politicoricky.bsky.social · 06/12/2025Happy Saturday! I want to try something. I’m an economist. Ask me anything #econsky 310
politicoricky.bsky.social @politicoricky.bsky.social · 01/12/2025Friendly reminder on World AIDS Day that the Trump admin ended CDC HIV prevention programs and slashed research grants This is coming at a time when CRISPR treatments are showing real promise in curing HIV. Funding cuts will hamper further development #worldaidsday 241
politicoricky.bsky.social @politicoricky.bsky.social · 09/11/2025With the Trump admin opposing using emergency SNAP funds, it’s important to remember the econ benefits of SNAP. A 2019 USDA study found a 1.5 multiplier effect. This means that $1 billion in SNAP leads to $1.5b in GDP and 13k+ jobs. #econsky www.ers.usda.gov/publications... 0158
politicoricky.bsky.social @politicoricky.bsky.social · 06/11/2025This is MAGAnomics in a nutshell. Cut services and harm businesses. This is an insane level of job loss: 153k in October. Notably, this isn’t from BLS. Their data won’t be available for a while due to the shutdown, so this is the best assessment we have #econsky www.cnbc.com/amp/2025/11/...cnbc.comJob cuts in October hit highest level for the month in 22 years, Challenger saysJob cuts for October totaled 153,074, a 183% surge from September. 25023
politicoricky.bsky.social @politicoricky.bsky.social · 14/10/2025If only literally every independent economist said this would happen 🤷🏽♂️ www.washingtonpost.com/business/202... #econsky 010
politicoricky.bsky.social @politicoricky.bsky.social · 07/10/2025Excuse the fk me? All government employees are entitled to back pay from the Republican shutdown due to a law Trump HIMSELF signed in 2019 called Government Employee Fair Treatment Act. #econsky 260
politicoricky.bsky.social @politicoricky.bsky.social · 26/09/2025The “brain drain” effect will be long lasting. We’ll lose our edge in R&D, which impacts everything from healthcare to energy to engineering. #econsky www.reuters.com/world/austri...reuters.comAustria hails 'brain gain' in luring 25 academics away from US after cutsAustria has lured what it calls 25 "top researchers" away from U.S. institutions including Harvard, the Massachusetts Institute of Technology and Princeton with grants set up in response to the Trump administration's funding cuts targeting universities. 2144
politicoricky.bsky.social @politicoricky.bsky.social · 01/08/2025The latest jobs report (+73k jobs created) is mediocre. The revisions are brutal. May revised (-125k) to only +19k. June revised (-133k) down to only +14k. At least this shows the admin isn’t cooking the numbers. Or they’re just really, really bad cooks. #econsky www.bls.gov/news.release...bls.gov Employment Situation Summary - 2025 M07 Results 491
politicoricky.bsky.social @politicoricky.bsky.social · 10/07/2025Universal childcare would be one of the best ways to stimulate the economy. Studies have shown an increase in workplace participation and wages. For kids, it helps foster development. The ROI on childcare is insane. apnews.com/article/chil... #econsky 33490143
Reposted by @politicoricky.bsky.socialAdam Kinzinger @adamkinzinger.substack.com · 05/07/2025Regarding the flooding: GOP doesn’t want to fund the programs that predict these things, but they still want to blame the federal government for not predicting this. DOGE has consequences 38595812223
politicoricky.bsky.social @politicoricky.bsky.social · 03/07/2025Yesterday ADP showed a loss of 33k jobs. BLS today showed a gain of 147k. What gives? 1) Different survey methodologies 2) BLS includes state and local gov employment, which showed gains 3) these are prelim numbers Still this is a large discrepancy. I’ll be looking into it more today #econsky 4633457
politicoricky.bsky.social @politicoricky.bsky.social · 01/07/2025BREAKING: Grifter congressman who thinks salt is spicy can’t fathom eating Indian food properly 000
politicoricky.bsky.social @politicoricky.bsky.social · 26/06/2025Real GDP decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. www.bea.gov/news/2025/gr... #econsky 042
politicoricky.bsky.social @politicoricky.bsky.social · 25/06/2025Zohran winning gives three big lessons for mainstream democrats 1) Authenticity matters. Be yourself and stop giving politically “safe” answers. If people don’t like the real you, don’t run. 110
politicoricky.bsky.social @politicoricky.bsky.social · 22/06/2025It’s only been 6 months and Mr. “No more wars” got us directly involved in another one. Tariffs raising prices ✅ ICE arresting US citizens ✅ War with another country ✅ MAGA continues to deliver 👊🇺🇸🔥 #Iran 000
politicoricky.bsky.social @politicoricky.bsky.social · 06/06/2025Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2%. Employment continued to trend up in health care, leisure and hospitality, and social assistance. Federal government continued to lose jobs. #econsky www.bls.gov/news.release...bls.gov Employment Situation Summary - 2025 M05 Results 010
politicoricky.bsky.social @politicoricky.bsky.social · 05/06/2025The Trump admin’s cuts are compromising inflation data collection. Not only does this make the data less reliable, but businesses will be impacted since they’re making decisions on worse quality data. Once again, MAGA is screwing up our economy #econsky fortune.com/2025/06/04/t...fortune.comTrump hiring freeze threatens key economic data as the Fed zeroes in on inflationThe staff cutbacks have intensified worries among economists that government spending cuts could degrade the federal government's ability to compile crucial economic data. 074
politicoricky.bsky.social @politicoricky.bsky.social · 30/05/2025Jerome Powell doesn’t get enough credit for doing his job with independence. The next Fed chair appointed by Trump will likely be a sycophant. He’ll do what Trump says and destroy the economy in the process. Inflation will rise again #econsky 1021244
politicoricky.bsky.social @politicoricky.bsky.social · 15/05/2025The only reason MAGA thinks it’s constitutional to end birthright citizenship is because they literally can’t read. #supremecourt 110
politicoricky.bsky.social @politicoricky.bsky.social · 13/05/2025This makes perfect sense. It’s where he gets all his healthcare opinions from 010
politicoricky.bsky.social @politicoricky.bsky.social · 09/05/2025Chicago cocktail inspired by the new pope: The Holy Trinity 8oz Old Style Shot of Malort Splash of RC to taste 000
politicoricky.bsky.social @politicoricky.bsky.social · 03/05/2025Honestly, this is a really depressing article on #Fetterman and how much he’s changed. He really needs help. “One former staffer recalled overhearing Gisele on speakerphone that December saying to Fetterman, “Who did I marry? Where is the man I married?”” web.archive.org/web/20250502...web.archive.orgJohn Fetterman’s StruggleThe senator insists he is in good health. But staffers past and present say they no longer recognize the man they once knew. 010