David Harrison @d_harrison Twitter profile

Last Seen Profiles

@RF2569

@BinorRaja

@MPaydee84250

@BinorRaja

@Wojciec35544263

@Westcoa97800022

@nylonfeetdreams

@stwmaniax

@BongRoylan

@FSalazarBoxing

@Himawari_2P

@Westcoa97800022

@jalhamilton

@Bryan_OVERLORD

@TgosB

@CliffIsmay

@LocalFocus1

@subetenohi0121

@XChecks_

@bokeplokalmalam

@af

@CarolinaCardin5

@bokeplokalmalam

@aydakiaylak

@dhm990990

@MateusPrisoner

@Ziad661980

@NJPW_K

@kmttig_ne

@Hijabbacol2883

@MatteyValentina

@lespros_rio

@Aminzak32792930

@saraymnn

@galery_basah10

David Harrison

@d_harrison

8 months

So I got laid off from the Wall Street Journal today, along with some real rock star colleagues. I’ll be ok but if you have any leads I’m all ears.

12

32

164

David Harrison

@d_harrison

4 years

Why were people so unprepared for the coronavirus layoffs? They lacked savings. Financial assets for low-income households have actually DECLINED over the past few years.

28

73

130

David Harrison

@d_harrison

4 years

The result: 60% of people say they can't cover three months of expenses. That's why the lines at food banks are so long.

10

47

87

David Harrison

@d_harrison

4 years

There are two reasons. Incomes just haven't gone up. For some, they've even declined. There was also a big debt overhang following the housing bubble that people had to pay down.

3

37

83

David Harrison

@d_harrison

6 years

When Powell doesn't want to answer a question, he just says he won't answer a question. Rather than ramble on saying nothing.

3

12

51

David Harrison

@d_harrison

8 years

One of the more depressing graphs you're likely to see this week.

4

56

42

David Harrison

@d_harrison

8 months

The econ reporter here would have been me.

Daniel Nasaw

@danielnasaw

8 months

Traces of the devastating layoffs at @WSJ Washington bureau on today's front page. 1) jobs report story written by a bond markets guy instead of an econ reporter, 2) Story on the strikes I would have edited 3) @thetrough 's ghost byline.

16

52

191

2

8

44

David Harrison

@d_harrison

8 years

Oaxaca, Mex. Where monetary policy is a topic of graffiti.

0

28

32

David Harrison

@d_harrison

7 years

Sarah Portlock made it really fun to come to work in the morning. We're going to miss her.

0

5

31

David Harrison

@d_harrison

7 years

A+ story on the inner workings of the Trump admin's search for Fed board members. via @WSJ

Trump Administration Struggles to Find Community Banker for Fed Board

The Trump administration is struggling to find a nominee for the Federal Reserve board with community banking experience, delaying plans to fill two other Fed vacancies, including a key regulatory...

www.wsj.com

1

13

18

David Harrison

@d_harrison

7 years

Trump didn't disband the Strategic and Policy Council. The council disbanded itself and then told Trump. via @WSJ

0

15

17

David Harrison

@d_harrison

7 years

The nerve of citizens and voters discussing broad policy changes that affect them personally!

National Review

@NRO

7 years

Why won't @jimmykimmel leave policy talk to the health care experts? via @theodorekupfer

6K

232

574

0

5

19

David Harrison

@d_harrison

5 years

For the first time, government economists will measure how much of the wealth generated by economic growth goes to the poor, the middle class and the rich via @WSJ

2

12

17

David Harrison

@d_harrison

8 years

Perfect timing: just when the Fed is about to deliver a bunch of dollar-boosting rate increases. via @WSJecon

1

7

15

David Harrison

@d_harrison

7 years

A little googling revealed this prescient @jenhab story. Worth revisiting.

0

7

16

David Harrison

@d_harrison

7 years

Textbooks say currency declines help exports. What if the textbooks aren’t right anymore? via @WSJ

When Currencies Fall, Export Growth Is Supposed to Follow—Until Now

The U.K. saw substantial currency depreciation during the financial crisis, after the Brexit vote and amid its current political uncertainty. But the predicted economic boom hasn’t arrived, providing...

www.wsj.com

2

15

13

David Harrison

@d_harrison

8 years

Meanwhile, in the alternate universe known as the Chao confirmation hearing, a substantive transportation policy discussion has broken out.

1

11

16

David Harrison

@d_harrison

8 years

The Federal Reserve has a 3.5 star (out of 5) rating on Google reviews. Sample review: "Not worth the dollar its printed on"

1

11

15

David Harrison

@d_harrison

9 years

We're going to be hearing an awful lot about Mario Draghi for the next few weeks. http://t.co/oiZLTIlx3K

1

18

14

David Harrison

@d_harrison

9 years

China has fired the first shot in a currency war, Greg Ip says http://t.co/KDxzVrktfK

0

18

13

David Harrison

@d_harrison

7 years

A decade later the rich are richer and the big banks are still big. via @WSJGraphics

0

10

14

David Harrison

@d_harrison

9 years

It's been three years since inflation hit the Fed's 2% target. Three years. http://t.co/CrzKZ6DrQR http://t.co/sOIl5Y9iZT

3

24

12

David Harrison

@d_harrison

8 years

Corp. profits down 2.2% on the year. Yet stock market is soaring. Something's gotta give.

2

7

10

David Harrison

@d_harrison

9 years

Texas and North Dakota. Two energy states moving in opposite directions. http://t.co/S23Xs88bdr

1

10

11

David Harrison

@d_harrison

5 years

Traffic congestion in NY and elsewhere has fallen off a cliff. Yet another sign that we're in for a significant economic fallout.

1

11

12

David Harrison

@d_harrison

9 years

I have a new job. I'm now a Fed reporter for @wsj . Expect an awful lot of monetary policy on this here timeline from here on out.

6

12

David Harrison

@d_harrison

9 years

It takes less time to get hired in the US than in other places, despite what you might think. http://t.co/aQHVQpb8pt http://t.co/csMUDxhbUw

0

5

11

David Harrison

@d_harrison

7 years

This week I wrote about Fairfax County, Va., property taxes for @WSJ . It brought me back to that time, many years ago, when I wrote about Fairfax County property taxes for @Followfairfax Journalism gods have a sense of humor. cc: @marykimm

0

2

11

David Harrison

@d_harrison

7 years

Ever wonder why your water bill keeps going up? Here's why: via @WSJ

0

4

11

David Harrison

@d_harrison

8 years

Argentina finance minister says return to capital markets will fuel economic transition via @WSJ

0

15

11

David Harrison

@d_harrison

9 years

The actual mechanics of a Fed rate rise: easier said than done.

3

6

9

David Harrison

@d_harrison

9 years

How the economic crisis drowned Greece’s fish industry http://t.co/mJmxdN4HvC via @WSJ

0

9

David Harrison

@d_harrison

6 years

“We’re here to build it from the ground up.” U.S. railroads are ditching a century of tradition and revamping how the nation’s freight system operates. via @WSJ

0

2

10

David Harrison

@d_harrison

8 years

The argument against taxing capital income relatively more than wages is losing its force via @WSJecon

5

3

9

David Harrison

@d_harrison

8 years

Fischer hints at Fed exceeding its inflation target via @WSJ

0

9

David Harrison

@d_harrison

6 years

It might come off as pedantic but it deflates lawmakers' efforts to create a partisan soundbite.

Joe Weisenthal

@TheStalwart

6 years

I really like the precision with which Powell answers question. Refuses to say that wages are "increasing" but rather that it "has increased"

0

18

0

2

9

David Harrison

@d_harrison

8 years

Building an infrastructure project is the easy part. Getting past the reviews and lawsuits on the other hand...

0

4

9

David Harrison

@d_harrison

9 years

Gender gap in pay got slightly wider in the second quarter of the year. http://t.co/1pq7jvkUMa http://t.co/pWzThKO4Mr

0

13

9

David Harrison

@d_harrison

8 months

Thank you all. We had a great send-off.

Byron Tau

@ByronTau

8 months

After 30 WSJ employees were laid off, @dnvolz collected over $3,500 from reporters around the paper and indeed around the world who wanted to chip in to buy their former colleagues a drink to commiserate and to celebrate their time and service to the newspaper.

2

30

146

0

11

David Harrison

@d_harrison

10 years

John McCain has been waiting to do this to Jay Carney for years.

4

10

7

David Harrison

@d_harrison

7 years

If you're wondering why U.S. labor productivity growth is so low, you might want to look at higher ed institutions.

0

5

8

David Harrison

@d_harrison

7 years

This will end well: “It’s not realistic to reduce leverage when the whole economy relies on banks for financing.”

1

8

David Harrison

@d_harrison

7 years

At some point, the Fed could have to acknowledge it's got an inflation problem on its hands. via @WSJ

0

6

8

David Harrison

@d_harrison

7 years

Fed is really starting to worry about financial stability. This could mean trouble. via @WSJ

0

14

7

David Harrison

@d_harrison

6 years

Labor and delivery and neonatal nurses really give you faith in the human race.

0

1

8

David Harrison

@d_harrison

8 years

States and local governments are borrowing 53% less than they did in 2006.

American Paradox: It’s Never Been Cheaper for Cities and States to Borrow Money...And They Refuse...

Plunging global interest rates have made borrowing cheap, but many are struggling with sluggish revenue growth and higher expenses.

www.wsj.com

3

15

8

David Harrison

@d_harrison

7 years

The Fed and Wall Street are grooving to different beat. Fed wants to tighten but financial conditions keep easing.

1

14

5

David Harrison

@d_harrison

9 years

This is really a very cool infographic that will satisfy all your Dodd-Frank-Anniversary needs. http://t.co/ZVYMRDf5D5

0

6

8

David Harrison

@d_harrison

8 years

Current and former jobs collide. @wsj covers my former @roanoketimes colleague's excellent book. cc: @papergirlmacy

1

10

8

David Harrison

@d_harrison

7 years

Venezuela Is Starving. "Three in four Venezuelans said they had lost an average of 19 pounds last year." via @WSJ

1

13

8

David Harrison

@d_harrison

4 years

Ugly data this morning. Retail sales post biggest monthly decline on record and industrial production down the most since 1946. via @WSJ

Coronavirus Closures Froze Swaths of U.S. Economy in March

Large chunks of the U.S. economy froze in March as the coronavirus pandemic closed malls, restaurants, factories and mines, causing Americans to cut retail spending by a record amount and the...

www.wsj.com

2

11

8

David Harrison

@d_harrison

9 years

Inflation's acting screwy again. via @WSJ

0

11

7

David Harrison

@d_harrison

8 years

So could Paul Ryan actually lose his primary? I'd think not. Then again, that's what we said about Eric Cantor.

1

3

6

David Harrison

@d_harrison

8 years

Fed, Treasury planned to prioritize debt payments as 2011 debt-ceiling deadline loomed via @WSJ

Officials Planned to Prioritize Debt Payments as 2011 Debt-Ceiling Deadline Loomed

Federal Reserve and Treasury Department officials in August 2011 had privately formalized a plan to make on-time payments on Treasury debt and delay paying other government bills if Congress and the...

www.wsj.com

2

7

David Harrison

@d_harrison

6 years

As one who's currently several weeks into his leave I second all of this.

Steven Russolillo

@srussolillo

6 years

An incredibly progressive moment in @DowJones and @wsj history: The company is turning its gender-neutral U.S. parental leave policy into a truly global initiative. Both mothers and fathers around the world are now eligible for up to 20 weeks paid of “primary caregiver leave.”

7

34

138

0

2

7

David Harrison

@d_harrison

7 years

Jackpot! Selected for the CPS!!

2

0

7

David Harrison

@d_harrison

9 years

For Fed, greenback’s strength complicates rate-hike calculus http://t.co/SMPwSPfkTC

For Fed, Dollar’s Strength Complicates Rate-Hike Calculus

The Outlook: If the economy disappoints—because of the drag from a strong dollar or other reasons—the Fed might want to wait on interest-rate hikes.

www.wsj.com

3

7

6

David Harrison

@d_harrison

8 years

Not being snarky but if we could really seriously talk about wastewater plants in this election it would be great.

2

0

7

David Harrison

@d_harrison

7 years

The Fed keeps tightening but the markets aren't listening. Wonder how this ends? via @WSJ

2

6

7

David Harrison

@d_harrison

4 years

On his second birthday, in quarantine, my kid has already stepped barefoot on a nail, fallen down the basement steps, gotten tipsy (gin) and almost swallowed a penny. Can’t wait to see what the future holds.

0

7

David Harrison

@d_harrison

9 years

Play WSJ's 'Janet Yellen' bingo during the Fed press conference: http://t.co/goByEfpNB5

0

11

7

David Harrison

@d_harrison

9 years

So, about that European recovery...

Le Figaro

@Le_Figaro

9 years

2 Français sur 3 jugent que leur situation financière s'est dégradée depuis 2012 >> http://t.co/E6qiNRyJeg http://t.co/QnceGi8tsY

55

269

69

2

7

5

David Harrison

@d_harrison

5 years

Happy Survey of Consumer Finances release year!

1

0

7

David Harrison

@d_harrison

9 years

Buybacks and dividends for activist investors are getting in the way of capital expenditures. http://t.co/2YpGH8uXf8 http://t.co/NM8agbGeM1

1

6

7

David Harrison

@d_harrison

6 years

I know you have other more important things to discuss on this website but let me tell you: the four-month-old sleep regression is no joke.

0

7

David Harrison

@d_harrison

9 years

Fed survey: 38% do not plan to retire or plan to keep working as long as possible. Among low-income respondents: 55% http://t.co/ZoRpXsIjPy

0

9

5

David Harrison

@d_harrison

9 years

Early retirement withdrawals could fuel risky behavior, new paper says http://t.co/Nj1rvIpbC3

2

3

5

David Harrison

@d_harrison

6 years

@DeanBaker13 Ahem:

1

0

5

David Harrison

@d_harrison

7 months

Bit of a jump in flows into unemployed from not in the labor force. Suggests the rise in unemployment could be a sign of more people coming off the sidelines.

0

2

David Harrison

@d_harrison

9 years

U.S. industrial production rises 0.3% in June. Manufacturing looks shaky though. http://t.co/JseI5QUznx

2

4

6

David Harrison

@d_harrison

8 years

Here's our twice-quarterly exegesis of the Fed minutes.

1

7

5

David Harrison

@d_harrison

7 years

Come for the dissection of a great basketball play. Stay for the Stan Van Gundy tantrum. via @WSJ

0

6

David Harrison

@d_harrison

6 years

Try covering the Fed.

Yashar Ali 🐘

@yashar

6 years

Can we have a day where no one talks

108

258

2K

0

1

6

David Harrison

@d_harrison

7 years

Today, Jay Powell is everybody's darling. Tomorrow he could be the sober killjoy who takes away the punch bowl.

2

5

6

David Harrison

@d_harrison

8 years

About 60 years ago, California unveiled plans for a new freeway. They’re still working on it

1

10

6

David Harrison

@d_harrison

9 years

We've all had fun arguing over when the Fed should raise rates. Now let's argue over the pace of the next increases!

1

8

5

David Harrison

@d_harrison

8 years

Who says central banking's boring? We've got an official stepping down, a sensitive leak and a criminal probe.

0

7

5

David Harrison

@d_harrison

4 years

Most of the economists we surveyed said the $600 extra jobless benefits helped consumers more than they hurt the labor market. via @WSJ

WSJ Survey: Benefits of Extra Unemployment Aid Outweigh Work Disincentive

While economists in the August survey see a bigger third-quarter rebound than they did a month earlier, they still expect the recovery to take a long time.

www.wsj.com

1

2

6

David Harrison

@d_harrison

8 years

Bond bubble alert! via @WSJ

1

4

5

David Harrison

@d_harrison

8 years

You can lean against bubbles or you can try to clean up after them. Or you can throw up your hands in frustration.

As Rates Sink, Housing Bubbles Rise

Low interest rates around the world are fueling a familiar threat of housing bubbles, and central bankers in a number of key economies feel powerless to stop them.

www.wsj.com

0

4

6

David Harrison

@d_harrison

3 years

It takes a lot less oil to produce a dollar of GDP than it used to.

Why Rising Oil Prices Are Unlikely to Kill the Economic Recovery

The recent rise in oil prices has been mostly driven by increased demand rather than supply problems, a situation that economists say normally indicates resilient growth.

www.wsj.com

0

4

6

David Harrison

@d_harrison

9 years

How did the Fed statement change? Check it out, fedheds.

0

7

6

David Harrison

@d_harrison

7 years

When you've already got interest rates near zero, it makes more sense to use quantitative easing than to raise your inflation target, per Fed paper.

0

3

6

David Harrison

@d_harrison

7 years

Inflation is slow through the world and central banks don't know why. Makes raising rates somewhat awkward.

1

8

6

David Harrison

@d_harrison

7 years

I get a nerdy thrill whenever I merit the Torkildson limerick treatment.

Timothy Torkildson

@lefse911

7 years

When property taxes you pay make sure tis done in the right way. an IRS goon can make a man swoon for checking box 'B' and not 'A.'

0

1

0

1

6

David Harrison

@d_harrison

6 years

Here's a story on caregiving that I wrote from home while taking care of a sick nine-month-old. via @WSJ

Employers Need to Address ‘Caregiving Crisis,’ Study Finds

A new study finds employers underestimate, to their detriment, the struggle employees face in balancing professional and caregiving responsibilities.

www.wsj.com

0

2

6

David Harrison

@d_harrison

8 years

U.S. household incomes surged 5.2% in 2015, first gain since 2007 via @WSJ

0

5

David Harrison

@d_harrison

5 years

The top 1% are twice as wealthy are they were in 2003. The bottom 50%? They're poorer.

Historic Asset Boom Passes by Half of Families

The decadelong economic expansion has showered the U.S. with new wealth, driven by a booming stock market. But half of U.S. households have seen little gain, as it has become more difficult to buy a...

www.wsj.com

2

3

6

David Harrison

@d_harrison

9 years

Greg Ip is here to remind us not to get too excited by the hot hot labor numbers. via @WSJ

1

12

6

David Harrison

@d_harrison

7 years

The gender pay gap narrows significantly for the first time since the recession via @WSJ

Gender Pay Gap Narrows Significantly for the First Time Since Recession

The widely cited female-to-male earnings measure rises to 80.5%—or 81 cents for every dollar a man makes—up .9% from 79.6% in 2015.

www.wsj.com

0

8

6

David Harrison

@d_harrison

8 years

You want to hear @KateDavidson @NHendersonWSJ and me talk Fed? Sure you do.

0

3

6

David Harrison

@d_harrison

5 years

‘We don’t know what to do. Our employees are panicking,’ Coronavirus forces global companies to recall executives, shutter stores, reconfigure supply lines. via @WSJ

0

5

6

David Harrison

@d_harrison

9 years

So, do you think you have what it takes to be Fed chair? (Nifty interactive. Get ready to get sucked in) http://t.co/4tTfFYAKY6

1

3

5

David Harrison

@d_harrison

9 years

Janet Yellen's going to be closely watching tomorrow's jobs report and you should too. Here's what to look for: http://t.co/Ndxu0EWldz

0

8

5

David Harrison

@d_harrison

7 years

The dryer in my new house plays the theme to Schubert's The Trout when it's done drying. I have no idea why.

0

1

5

David Harrison

@d_harrison

7 years

How Marvin Goodfriend could become the Fed's enigmatic swing vote. via @WSJ

What You Need to Know About Fed Nominee Marvin Goodfriend’s Views

Marvin Goodfriend, the Carnegie Mellon economist nominated by President Donald Trump for a seat on the Federal Reserve’s board of governors, has a long and distinguished academic career likely to...

www.wsj.com

2

8

5

David Harrison

@d_harrison

8 years

Germany's central bank is shipping its gold home. Do the Germans know something we don't?

1

9

5

David Harrison