Um... Jimmy. Why you gotta do me dirty making Trump Church look like my DC Temple?
Jimmy Kimmel and his hilarious breakdown of Trump鈥檚 60 minutes interview:View quoted post on X
Sam Dodini
@microsamonomics
Applied Labor & Public Economist \ @CESifoNetwork & @iza_bonn \ #EconTwitter RTs =/= endorsements \ views my own
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The "don't let lawyers make economic policy" coalition is growing.
I cannot imagine that a law professor who literally studied customer credit does not understand that the implication of this would be no credit for like 80% of society? Never underestimate the bad economics of JD Brain (and also don't take econ policy advice from them!)View quoted post on X
Amazing how people are still running interference on what Trump "ackshully" meant or what his answer "really means" from a theological perspective. How is this on the interviewer asking a question that gives anyone a right to answer with any nuance they want?
Never mind Trump, if Douthat thinks he wants to try standing before the Judgment Throne of God and rely on his own ability to love and forgive his enemies to get him into Heaven, he鈥檚 going to be more surprised than Trump will be on that day.View quoted post on X
"The reason Republicans lost is because they didn't do Trumpism enough!" is one crazy-corduroy-pants take.
Democrats keep winning in Utah because the establishment has turned a blind eye to the conservative grassroots.View quoted post on X
The legislature did nothing to stop taxpayer-funded benefits to illegal immigrants. Kept gender fluidity throughout state code and did nothing when activist judges redrew a gerrymandered map. Cost of living is through the roof, putting foreigners over Utahns.
These are just the tip of the iceberg issues too.
Social Security is not and has never been a retirement account. It is a transfer from the currently working to the currently retired as insurance against them outliving their savings. That's it. That we partially scale benefits by what you earned is irrelevant to this fact.
CAN SOMEONE WALK ME THROUGH HOW THIS MAKES SENSEView quoted post on X
By the time I retire at 65, I'll have paid roughly $480,000 into Social Security between my contributions and my employer's match.
If that same money had just sat in an index fund averaging 7%, it would be worth about $2.1M. The dividends alone off that would be $147,000 a year.
Instead, the government is projecting I'll get $2,600 a month at 65. That's about $31,200 a year.
Someone explain the gap between those two numbers, because I genuinely don't understand where the rest of it goes.
