Ernie Tedeschi @ernietedeschi Twitter profile

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Ernie Tedeschi

3 years

Speaking of jobs day, some professional news. Beginning March 15, I'll be joining @WhiteHouseCEA as a Senior Policy Economist. I am thrilled, humbled, & privileged to get to work with @CeciliaERouse , @hboushey46 , @econjared46 , @marthagimbel , and so many other brilliant people.

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Ernie Tedeschi

@ernietedeschi

2 months

Would rather live in Detroit today than Rome 2000 years ago and it’s not a particularly close call.

𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸

@creation247

2 months

What happened to our cities?

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Ernie Tedeschi

@ernietedeschi

3 months

There have been few moments in American history where the "are you better off than four years ago" question has been so trivially easy as now.

Jamie Dupree

@jamiedupree

3 months

Four years ago today I went to the grocery store.

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Ernie Tedeschi

@ernietedeschi

5 months

This writer’s last 24 hours have been a living, breathing Civ V cultural defeat.

Bruno Maçães

@MacaesBruno

5 months

I see that people are telling me there is a Starbucks in Paris as evidence of American cultural power. My friends, that’s nonsense. First, Starbucks is if anything evocative of European coffeehouse culture. Second…

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Ernie Tedeschi

@ernietedeschi

1 year

@AlanMCole The only other brand reversal I can think of that comes close is Walkman -> iPod

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Ernie Tedeschi

@ernietedeschi

1 year

Begging people to read a single economic history book.

Trad West

@trad_west_

1 year

Medieval Peasants: 1. Worked less hours than you. 2. Had longer vacations than you 3. Likely had a bigger house than you. 4. Definitely had higher T. 5. Ate better food than you. 6. Paid way less taxes. 7. Rarely saw their "boss" Who's really living in the dark ages?

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Ernie Tedeschi

@ernietedeschi

4 years

Actual and projected data on US capitas per capita since 1790.

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Ernie Tedeschi

@ernietedeschi

4 years

Here's a pre-buttal on some takes we're sure to see on this new stimulus package: 1. Stimulus checks are only around 1/5 of the total bill. 2. UI in America typically pays around 50% of pre-layoff wages, though it varies. With this extra $300/week, that will be ~85%. 1/X

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Ernie Tedeschi

@ernietedeschi

9 days

There's a key flaw in the argument that deporting immigrants will lower housing costs:

J.D. Vance

@JDVance1

9 days

Not having 20 million illegal aliens who need to be housed (often at public expense) will absolutely make housing more affordable for American citizens. But I see the left’s strategy of making fun of people for suffering under Biden policies continues apace.

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Ernie Tedeschi

@ernietedeschi

2 years

This deserves a Pulitzer.

ℳatt

@matttomic

2 years

Fun little trick in the Sunday New York Times crossword yesterday: the central theme clue was "The better of two sci-fi franchises", and regardless of whether you put Star Wars or Star Trek, the crossing clues worked

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Ernie Tedeschi

@ernietedeschi

1 month

I was helping my son do research for a report on the discovery of the Titanic in September 1985, and ran across this fascinating article about that month's employment release. For reference, the unemployment rate today is 3.9%.

Dean Baker

@DeanBaker13

1 month

Fun fact for the day: The average unemployment rate under Biden is lower than the lowest unemployment rate during the Reagan "boom."

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Ernie Tedeschi

@ernietedeschi

2 years

A small American town of around 50,000 was able to build a high-speed monorail for $3 million and in a matter of mere weeks. This was considered normal in the 90s when the show began.

financial wizard in training ✝️🇺🇸

@wiz_train

2 years

The Simpsons own this home on a single salary from a husband who didn't go to college This was considered normal in the 90s when the show began

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Ernie Tedeschi

@ernietedeschi

4 years

Of all 45 presidents I'd place the highest odds on Trump having personally paid for an abortion.

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Ernie Tedeschi

@ernietedeschi

4 years

Breaking down the effect of government benefits on average household income over the past 9 months. Or, It Wasn't Just A $1,200 Check, Chart Edition

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Ernie Tedeschi

@ernietedeschi

2 years

Our school just canceled a *virtual* day on account of snow.

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Ernie Tedeschi

@ernietedeschi

4 years

This is how one good jobs report can turn into a nightmare scenario.

Jeff Stein

@JStein_WaPo

4 years

Senate Republican aide on today's job report: "This definitively kills any chance of trillions of new spending"

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Ernie Tedeschi

@ernietedeschi

4 months

Today is my last day as Chief Economist at @WhiteHouseCEA . I will miss this beautiful view from my office. But more so, I will miss working with so many dedicated and brilliant people. Serving in this Administration with them has been the privilege of a lifetime. /1

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Ernie Tedeschi

@ernietedeschi

5 months

“And that Popeyes in Paris? My friends, it is a *Louisiana* kitchen. The spicy chicken sandwich with a side of Cajun fries is positively Napoleonic.”

Bruno Maçães

@MacaesBruno

5 months

I see that people are telling me there is a Starbucks in Paris as evidence of American cultural power. My friends, that’s nonsense. First, Starbucks is if anything evocative of European coffeehouse culture. Second…

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Ernie Tedeschi

@ernietedeschi

5 months

@quantian1 On an American website

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Ernie Tedeschi

@ernietedeschi

4 years

6. The problem instead was that the US leaned heavily on its UI system to deliver aid, which was inconsistent across states and often creaky & overloaded. We also lost the political will to extend expiring aid earlier in 2020; that extra aid would have helped us in Nov & Dec.

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Ernie Tedeschi

@ernietedeschi

5 years

The questions to pose back to her: Service for what Sacrifice for what Heritage of what

Jason S. Campbell

@JasonSCampbell

5 years

Nikki Haley says the Confederate flag was about "service, and sacrifice, and heritage" until Dylan Roof "hijacked" it

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Ernie Tedeschi

@ernietedeschi

4 years

5. The problem with the US response was not its initial generosity -- we did a hell of a lot more than "just $1,200 checks" back in March, more so than probably any other advanced economy besides Canada, even adjusting for the pre-existing safety net.

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Ernie Tedeschi

@ernietedeschi

2 months

Look I'm just begging this younger generation to get some basic rock 'n roll literacy before they go and do something silly like assume "Born in the USA" is a patriotic song.

Collin Rugg

@CollinRugg

2 months

NEW: Counter protesters are blasting 'Born in the USA' while waving their USA flags at the University of Chicago. The Chads are taking over the country 🇺🇸 Tensions grew on Friday as a group of frat bros marched on the university with USA flags, chanting "USA, USA, USA" at

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Ernie Tedeschi

@ernietedeschi

13 days

@whstancil "Never give leaders credit for doing good things" seems like a counterproductive incentive from activists.

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Ernie Tedeschi

@ernietedeschi

3 years

My son's algebra homework today... major points to his teacher for making math topical.

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Ernie Tedeschi

@ernietedeschi

3 months

Adjusted for aging, employment and labor force participation rates are extraordinary, around 1999-2000 levels, likely ranking among the highest in US history. This is truly about as close to full employment as the US has managed to get outside of wartime mobilization.

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Ernie Tedeschi

@ernietedeschi

3 years

Trump's stunt cost America $9-10 billion in relief that it sorely needs and that both parties in Congress had negotiated. A loss of 1 week of $300 top-up for all 20 mil UI recipients, & a loss of ~$200-300 for 14 million PEUC and PUA recipients. Congress should pass a backfill

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Ernie Tedeschi

@ernietedeschi

2 years

ChatGPT confidently falling for elementary school riddles.

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Ernie Tedeschi

@ernietedeschi

4 years

7. That's not a minor problem either, it's a major one, and it may come back to haunt us again--this new bill for example reportedly only extends pandemic UI programs for another 11 weeks, through mid-March. That's not enough to bridge us to when a vaccine is widely distributed.

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Ernie Tedeschi

@ernietedeschi

3 months

New York Post

@nypost

3 months

New workplace trend ‘resenteeism’ has employees working less hard because they hate their jobs

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Ernie Tedeschi

@ernietedeschi

2 months

Using actual data is better than lying to people and coddling their negativity biases.

The Atlantic

@TheAtlantic

2 months

"Tell these Americans that the economy is humming, that median wage growth has nudged ahead of the core inflation rate, and that everything’s grand, and you’re likely to see a roll of the eyes," @powellAtlantic writes.

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Ernie Tedeschi

@ernietedeschi

26 days

This is what American political cartoons about Canada look like these days.

Cheese For Everyone!

@CheeseForEvery1

26 days

Yes, the rest of the world is obsessed with us. That’s what happens when you’re in charge.

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Ernie Tedeschi

@ernietedeschi

4 years

8. But it's a decidedly *different* problem from "all we did was a single $1,200 check".

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Ernie Tedeschi

@ernietedeschi

4 years

Sanders' type of single-payer system is only a reality in Canada (and Taiwan, which he didn't list). The UK goes further and directly employs providers too. Everywhere else has some mix of public and private/supplemental insurance. We should consider those alternative models too

Bernie Sanders

@SenSanders

4 years

Remember: our "crazy idea" of universal health care is a reality in: Australia Austria Belgium Canada Chile Czech Rep. Denmark Finland France Germany Greece Hungary Iceland Israel Italy Japan Netherlands New Zealand Norway Poland Portugal S. Korea Spain Sweden Switz. Turkey U.K.

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Ernie Tedeschi

@ernietedeschi

4 years

The fact that the United States is a fiscal union is one of our biggest institutional advantages in dealing with economic crises. Arguments about states "subsidizing" others are destructive to that.

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Ernie Tedeschi

@ernietedeschi

1 month

Dollars to donuts Dalio’s personal portfolio does not reflect this stated probability.

MarketWatch

@MarketWatch

1 month

Hedge-fund billionaire Ray Dalio sees 35%-40% chance of new U.S. civil war

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Ernie Tedeschi

@ernietedeschi

3 years

3rd Grader: "Dad, for my homework I need to use something called 'Microsoft Ex Sell'. Do you know what that is?" Me:

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Ernie Tedeschi

@ernietedeschi

5 months

People slept out last year when the first Popeyes and Krispy Kreme opened in Paris.

Bruno Maçães

@MacaesBruno

5 months

For the first time in 100 years American cultural power is almost nonexistent outside US borders

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Ernie Tedeschi

@ernietedeschi

4 years

The outrage shouldn't be directed at the companies -- Congress was very clear the PPP *was* meant for larger restaurant and hotel chains too. It should be directed at Congress for making the program too small given this policy choice.

David Wessel

@davidmwessel

4 years

More on the #PPP front: Kura Sushi returns $6 million federal loan meant for small businesses after public outcry via @EaterLA

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Ernie Tedeschi

@ernietedeschi

3 years

[Daughter lands on Marvin Gardens] [She already owns it] Daughter: “I guess I could pay myself rent but that’s silly!” Me:

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Ernie Tedeschi

@ernietedeschi

1 month

Axios

@axios

1 month

While economists and editors might not like it, the meaning of the word "inflation" has now changed from rising costs to high prices.

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Ernie Tedeschi

@ernietedeschi

3 years

My wife got her first vaccine shot today and suddenly we're ready to spend down our savings. Amazing.

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Ernie Tedeschi

@ernietedeschi

5 years

Why would an MMTer be proud of spending less public money and getting fewer jobs?

Alexandria Ocasio-Cortez

@AOC

5 years

Me waiting on the haters to apologize after we were proven right on Amazon and saved the public billions

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Ernie Tedeschi

@ernietedeschi

4 years

The United States came out way ahead luring Tesla and Einstein here and it would be the same with Chinese scientists.

Aaron Rupar

@atrupar

4 years

"If Chinese students want to come here and study Shakespeare & the Federalist Papers, that's what they need to learn from America. They don't need to learn quantum computing" -- Sen. Tom Cotton proposes restricting Chinese students from studying science & tech at US universities

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Ernie Tedeschi

@ernietedeschi

4 years

🚨🚨🚨 A slew of recent data is consistent with slow or even negative jobs growth in November. A quick thread.

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Ernie Tedeschi

@ernietedeschi

4 years

The economist's EGOT

Matt O'Brien

@ObsoleteDogma

4 years

If Joe Biden picks Janet Yellen as his Treasury Secretary, she will be the only person to have ever held all three of the most important economic policymaking positions in government: Fed Chair, CEA Chair, and Treasury Secretary.

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Ernie Tedeschi

@ernietedeschi

3 years

@pegobry Identifying problems in a country seems like an essential part of a legislator's job.

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Ernie Tedeschi

@ernietedeschi

3 years

A monthly cash child allowance would be one of the most pro-family, anti-poverty policy breakthroughs in recent US history.

Jeff Stein

@JStein_WaPo

3 years

NEWS: Senior Dems drafting plan to directly send $3K per kid (& $3,600/young kid) to millions Aides say effort to look more like direct checks -- aiming for direct monthly deposit of $300 -- than traditional tax credit offsetting liability Details -->

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Ernie Tedeschi

@ernietedeschi

2 months

I worked w/ @econjared46 closely for 3 years at CEA. We discussed fiscal policy & financing often. His views are well-known, well-articulated, & public. This gotcha clip circulating is deceptively framed: the interview was done back in Feb 2020: pre-CEA, pre-Biden, & pre-pandemic

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Ernie Tedeschi

@ernietedeschi

4 years

Wait what

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Ernie Tedeschi

@ernietedeschi

4 years

This is a much, much bigger worry about the jobs numbers than absentee misclassification. Response rates for the household survey are plunging, thanks in large part to the fact that BLS can't conduct as many in-person interviews. Lower response rates mean more uncertainty.

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Ernie Tedeschi

@ernietedeschi

4 years

By popular demand...

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Ernie Tedeschi

@ernietedeschi

4 years

Many economists have concluded the exact opposite, in fact.

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Ernie Tedeschi

@ernietedeschi

4 years

3. If you're unemployed, you get an extra $1,300 per month through mid-March. If you're a gig worker or been out of work since early 2020, that's on top of having your UI benefits extended. 2/X

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Ernie Tedeschi

@ernietedeschi

4 years

All the networks right now deciding when to call it

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Ernie Tedeschi

@ernietedeschi

4 years

4. The bill includes another ~$300 billion in PPP loans, which are essentially payroll support for small businesses. If a business wants them *fully* forgiven, they essentially have to maintain their employment and wages -- effectively the equivalent 100% payroll support. 3/X

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Ernie Tedeschi

@ernietedeschi

3 months

And while we're on the topic, "living paycheck-to-paycheck" is a poorly-defined concept reported by a private survey of unclear quality. Using the Fed's Survey of Consumer Finances, I calculate that the typical US hhld has cash equal to 5 weeks of income, the highest on record.

Ernie Tedeschi

@ernietedeschi

3 months

Movie ticket prices have grown 4% more slowly than average wages for production & nonsupervisory workers since 2019. The level of movie ticket prices *relative to wages* is below its 60 year average.

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Ernie Tedeschi

@ernietedeschi

4 years

My hot take is that this election was more about the pre-COVID economy than either side appreciated beforehand.

Ernie Tedeschi

@ernietedeschi

4 years

The House/Senate results so far feel almost like what we would have expected in a non-COVID alternate universe.

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Ernie Tedeschi

@ernietedeschi

4 years

I support changing Columbus Day to Columbo Day.

Lindsay Goldwert 👑

@lindsaygoldwert

4 years

I was just informed that this statue of Columbo exists in Budapest

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Ernie Tedeschi

@ernietedeschi

3 years

money printer goes brrrr

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Ernie Tedeschi

@ernietedeschi

4 years

Prime-age (25-54-year-old) employment is growing at a pace of around +750,000 a year. Almost a third of these job finders are coming from the ranks of the disabled -- the single biggest source of new worker hires.

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Ernie Tedeschi

@ernietedeschi

4 years

The unemployed are two months away from losing emergency payments. Small businesses are one month away from losing PPP coverage. State & local governments are already beginning to plan for significant cuts. Policymakers should be laser-focused on *those* problems right now.

Catherine Rampell

@crampell

4 years

On @CNNSotu , White House economic adviser Kevin Hassett says Trump is considering a cap gains tax "holiday"

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Ernie Tedeschi

@ernietedeschi

3 years

Good reminder that it's good to be humble and learn good things from other countries. But we should also reject things that run counter to our strengths. One of those big strengths is that America is fairly good at integrating immigrants.

New Liberals 🌐🇺🇦

@CNLiberalism

3 years

It is with a heavy heart that I report that Europe is at it again.

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Ernie Tedeschi

@ernietedeschi

3 years

Teaching my kids monetary policy.

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Ernie Tedeschi

@ernietedeschi

2 months

Real GDP growth came in at 1.6% in Q1, softer than expected. But that appears to be driven by weakness in volatile components, especially net exports. Private domestic final purchases--"core GDP" made up of consumption & fixed investment--grew 3.1%, a very strong print.

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Ernie Tedeschi

@ernietedeschi

4 years

What if we call it a "business tax cut for unincorporated individuals"

Steven Dennis

@StevenTDennis

4 years

BREAKING: Senator Ron Johnson blocks $1,200 checks for Americans sought by Senator Josh Hawley. Johnson cites the deficit.

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Ernie Tedeschi

@ernietedeschi

3 years

TL;DR: President says he going to fight to boost $600 checks. Instead, he loses $600 for unemployed families.

Ernie Tedeschi

@ernietedeschi

3 years

*If* he actually goes through with this, it will have cost unemployed workers a week of extended benefits and emergency top-up payments. For the typical unemployed worker, that's $600 lost, exactly the size of the stimulus checks Trump was ostensibly trying to boost.

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4 years

Brandon

@Brand_Allen

4 years

Ossoff: 51% (+1 since Nov. 30) Perdue: 46% (-2) Warnock: 52% (-) Loeffler: 45% (-)

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Ernie Tedeschi

@ernietedeschi

4 years

K-shaped recovery update: Employment for the top 2/3 of wage earners is about -2 percentage points below February. For the bottom 1/3, it's -7.3pp lower, more than 3x worse. And their employment fell by around -1pp in November alone.

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Ernie Tedeschi

@ernietedeschi

19 days

A dangerous situation. Effective sample sizes are already under strain because of rising nonresponse. Reliable economic data is something we should prioritize investing more in, not cutting.

Bloomberg Markets

@markets

19 days

The Bureau of Labor Statistics is reducing the sample size of the household survey in the monthly jobs report due to budget constraints.

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Ernie Tedeschi

@ernietedeschi

3 years

Making bold decisions in a consequence-free context is called a "video game"

Katherine Faulders

@KFaulders

3 years

Wow - John Kelly says he would vote to remove Trump from office if he was still in the Cabinet.

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@ernietedeschi

3 years

Anglophones of the world, it's high time we made a decision here.

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Ernie Tedeschi

@ernietedeschi

4 years

Broke: Video games will destroy our kids. Woke: Video games will save our kids.

andrew chen

@andrewchen

4 years

Lol. “Fortnite: the anti-weed, anti-sex, anti-TV, anti-alcohol, anti-smoking solution parents have been seeking for decades.” Via @reddit

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@ernietedeschi

4 years

I'm struggling to decide whether "corporate" or "warmonger" describes Janet Yellen *less*.

Saleha Mohsin

@SalehaMohsin

4 years

GOP Sen. @HawleyMO on Yellen: "My concerns as I've said before about what I'm seeing from Vice President Biden is the people who he wants to be in his cabinet are all a bunch of corporate liberals and warmongers. So I'd like to see him break the mold. “ @elwasson

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Ernie Tedeschi

@ernietedeschi

2 months

Gen Z is still young, but they typically have higher inflation-adjusted net wealth (assets minus debt, including student debt) than prior generations did at their age. Millennials, who were behind for a time due to the timing of the Great Recession, are now ahead of Boomers. /1

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Ernie Tedeschi

@ernietedeschi

3 months

The "excess" core CPI inflation right now is much less broad than what we saw in 2022. In 2022, inflationary pressures hit many categories. In contrast, right now, only two are stronger than we'd expect under 2% PCE pre-pandemic: housing--the lion's share--and auto insurance.

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Ernie Tedeschi

@ernietedeschi

4 years

Cannot understate how correct a policy it was to make the unemployed fully whole (rather than 30-50% whole) during this crisis.

Ben Casselman

@bencasselman

4 years

Something that came up repeatedly in interviews for this story: The extra $600 in UI benefits is REALLY helping workers. There's been (appropriately) lots of attention on the system's failures. But for ppl able to get the help, it's made a huge difference.

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Ernie Tedeschi

@ernietedeschi

11 months

About 0.4pp of Q2’s 2.4% real GDP growth came from construction of manufacturing structures such as factories. The last time factory construction contributed so much to quarterly growth was 1981 Q1.

Council of Economic Advisers

@WhiteHouseCEA

11 months

Nonresidential private fixed investment accelerated, contributing 1 percentage point to Q2 growth. Private construction of manufacturing facilities alone, such as factories, contributed about 0.4 percentage point, this category’s largest growth contribution since 1981. 5/

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Ernie Tedeschi

@ernietedeschi

3 months

This is wrong on several counts. 1) Payroll employment is up across citizenship categories since 2019; 2) since Biden took office, ~2/3 of payroll gains have gone to native-born workers; 3) the *entire* fall in native-born LFPR since 2019 is simply due to aging.

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Ernie Tedeschi

@ernietedeschi

3 months

Europe is generally speaking a nice place & America can learn a lot from them. And it is true that inequality is higher in the US. But Europeans consistently overweight how much inequality drives US-EU average growth & income differences. *Median* US incomes are much higher too.

Erik Fossing Nielsen 🇪🇺 🇺🇦

@ErikFossing

4 months

In today’s Sunday Wrap: The difference in growth during the past 10-20 years in the US vs Europe, and how economics explain part of Trump’s appeal. The US should be a bit more European in politics - and Europe a bit more American in economics

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Ernie Tedeschi

@ernietedeschi

3 years

Congratulations to Pennsylvania for winning the Nobel Prize in Control Groups!

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Ernie Tedeschi

@ernietedeschi

2 months

@MarcGoldwein My problem is I prefer cities to the country so I am loathe to go much further back than 1900, even with unlimited wealth. And 1900-1950 is made even harder by broader world events.

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Ernie Tedeschi

@ernietedeschi

1 month

Any definition of a "recession" where real wages are growing, the economy is expanding at a 3% clip, and we're adding ~250K jobs a month is a useless one.

Brian Stelter

@brianstelter

1 month

"Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian"

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@ernietedeschi

5 years

US wage growth is strongest at the bottom right now; at the top it's modestly decelerating.

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@ernietedeschi

19 days

Santi™

@ThePeakSanti

19 days

The USA:

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Ernie Tedeschi

@ernietedeschi

4 years

Just one problem: there are almost 1.7 unemployed workers for every job opening.

Rep. Jim Jordan

@Jim_Jordan

4 years

The best stimulus? A job.

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Ernie Tedeschi

@ernietedeschi

3 years

My son insisted that I post this on Twitter with the caption “copy cats” 😂

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Ernie Tedeschi

@ernietedeschi

3 years

Add "DC statehood / control over national guard" to list of needed checks on presidential power.

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Ernie Tedeschi

@ernietedeschi

4 years

The lockdowns are just the first wave of economic shocks. The second wave will be state & local budget cuts, unless we keep them whole the same way we’re trying to keep workers and businesses whole.

Nick Johnson

@NickAPJohnson

4 years

I spent a lot of time in each of the last two recessions tallying up the state budget shortfalls. Those shortfalls were bad and caused a lot of hardship. I never, never, ever imagined that it could be way worse #StateCOVIDRelief

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Ernie Tedeschi

@ernietedeschi

5 years

Admitting refugees might just be the easiest way to make more patriotic Americans.

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Ernie Tedeschi

@ernietedeschi

5 years

Twitter is lamenting the end of the Harris campaign the way one despairs over that neighborhood restaurant closing that you never went to.

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Ernie Tedeschi

@ernietedeschi

8 months

@JosephPolitano The Sphere didn’t even open to paying customers until Sept 29, so it’s unsurprising it lost money for the quarter ending Sept 30.

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Ernie Tedeschi

@ernietedeschi

1 month

The US is not the worst rich country in terms of overall homelessness, but it is the worst in terms of unsheltered homelessness. We should 1) build more shelters, 2) build more housing in general.

John Burn-Murdoch

@jburnmurdoch

1 month

NEW 🧵: how Britain became gripped by the worst homelessness crisis in the developed world

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Ernie Tedeschi

@ernietedeschi

4 years

The official unemployment rate was 6.7% in November. Adjusted for potential misclassification of workers, it was 7.1%. And adjusted further for the fall in labor force participation since February, it was 9.9%, slightly *increasing* over the month.

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Ernie Tedeschi

@ernietedeschi

4 years

There are bonafide, serious issues facing some men that deserve our attention, but there’s also a whole cottage industry that tries to make it a zero sum game with women.

David Brooks

@nytdavidbrooks

4 years

The crisis of masculinity in a chart.

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Ernie Tedeschi

@ernietedeschi

4 years

Prime age men are killing video game stores by finding jobs.

Myles Udland

@MylesUdland

4 years

GameStop comp sales fall... 24.7% (!!!) during the holidays.

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Ernie Tedeschi

@ernietedeschi

3 months

Auto insurance in PPI, which is what goes into PCE, came in much cooler than CPI in March month-to-month: 0.1%, versus CPI's 2.6%. That difference alone will shave ~10bps off of monthly core PCE in March relative to core CPI.

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Ernie Tedeschi

@ernietedeschi

3 years

A story I think a lot about: In college our student council elections has tons of candidates. It was hard to stand out. If you committed a campaign violation you got a * next to your name on the ballot. Some had 1 or 2. One guy committed 25. He had 25 *s. He stuck out. And won

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Ernie Tedeschi

@ernietedeschi

3 years

Non-Voting Felon 🇦🇴

@futuresdoors

3 years

America has ppl begging for ONE $2k check, when Australia gave $24,000 in a year.

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