Patrick
patrick4872.bsky.social
Patrick
@patrick4872.bsky.social
Longtime lurker on the old app, now here. Liberal. Interested in economics, finance, politics, and cooking. Likes learning new things. Seed oil enthusiast.
Reposted by Patrick
I’m really basking in this bc during the primary, I got a lot of heat from centrist YIMBY types calling me overly credulous/deluded for saying Zohran would be a good mayor and would support building more housing

never have I been happier to have been vindicated
November 25, 2025 at 12:29 AM
The Four Horsemen of housing, childcare, higher education, and healthcare.
But the really important point (even if you think the numbers are too high) is that every problematic issue (childcare, housing, healthcare, higher education) IS A NONTRADEABLE, and yet we are subjected to endless blah-blah about trade as the problem. Below is from Bessent’s WSJ op-ed).
November 26, 2025 at 1:06 AM
Can confirm.
blocking people insane about Will remains one of the most consistent ways to make this website a more pleasant user experience; he draws the maddest fuckers.
i have agreed with stancil and i have disagreed with stancil. he has sharp elbows. but the accusation that he is a raging transphobe is not connected to reality. and the weaponization of "i'm listening to trans people" to smear someone because you disagree about fucking econ polling is disgusting
November 25, 2025 at 6:01 PM
Issue is more who Dersh is yearning for tbh.
ah yes, the people yearn for the dersh
"elevate charismatic figures such as Alan Dershowitz"

-____________-
November 25, 2025 at 5:48 PM
Trump signaling intention to try induce recession.
Trump lies: "Gasoline will soon be hovering around $2 a gallon"
November 25, 2025 at 5:35 PM
Reposted by Patrick
Republican infighting doesn’t excite me anymore. Every civil war ends with the party getting more psychotic and no less powerful
November 22, 2025 at 4:42 PM
Reposted by Patrick
Anti-capitalism / anti-market conspiracy theories are an underrated cause of both MAGA & the extremely disorganized left-of-center response to it.

This shit hasn't bought the public into socialism but it has convinced the public to view economic policy w/ maximal cynicism and narrow self-interest.
you ever just sit down and cut loose an absolutely enormous fart
November 21, 2025 at 5:03 PM
Yes, Marx, economic analysis but literary instead of quantitatively. Let’s his followers argue over interpretation of the scriptures, avoiding at base it’s bad Ricardo and accounting mistaken for, well, the whole economy.
I continue to be amazed by how many people have a fundamentally literary understanding of the world.
November 22, 2025 at 3:15 AM
Me, as a child when my grandmother takes me to meet mayor Wellington Webb. Only the president did it because he’s losing his marbles.
I do honestly think trump is senile enough that the mayor of New York is sort of instinctively an impressive person to him that he wants to please, despite being the fucking president
November 21, 2025 at 10:55 PM
It will never not be funny, the clear contempt Trump has for his supporters. Chuck and Nancy redux.
Trump on Mamdani: "I think he's gonna surprise some conservative people, actually. And some very liberal people he won't surprise because they already like him."
November 21, 2025 at 8:57 PM
Too bad. Was looking forward to sun downing with socialism covered by his fawning propagandists.
1. lol

2. today's White House meeting with Mamdani is currently scheduled as "closed press," which means it might not be much of a showdown
November 21, 2025 at 8:44 PM
Lmfao. Today has been full of surprises, then I saw this.
November 21, 2025 at 6:13 PM
Not remarked on enough too. His documented ease of rapport with transactional Democrats compared to Republican evangelicals, policy ideologues.
Trump in a room with a very charismatic person results in like half a day of Trump agreeing with everything that person said, so this has the potential to be very, very funny.
Trump says he’s meeting with “communist” Mamdani at the White House on Friday
November 20, 2025 at 3:09 AM
Highlights how health insurance isn’t actually insurance but an inefficient cost sharing arrangement. Republicans as ignorant psychopaths well known, no need to highlight the obvious.
I mean I guess we're all used to it at this point, but, uh, this isn't remotely true
Markwayne Mullin: "Reward people for being healthy. Think about this. Healthcare is the only industry that you're not rewarded for taking care of your responsibility. If you think about homeowners insurance, if you're within 500 feet of a fire hydrant, your insurance goes down."
November 20, 2025 at 2:45 AM
Always interesting to see internal labor market dynamics.
Weird paper.

When it’s unusually cold, employers do more layoffs and are slower to fill vacancies.

www.nber.org/system/files...
November 20, 2025 at 2:27 AM
Some thoughts. Business cycle potentially decoupled, to an extent, from labor market? Traditional monetary policy less effective, can tighten labor market but not can’t blunt consumption, ergo stickier inflation?
Wealth swings likely drive consumption more than it did pre-covid, but income growth is still by far the dominant driver particularly given the higher spending propensity. And remember 50% of HH wealth is in housing.
November 19, 2025 at 8:06 PM
Dear god. Among those “many other points” does Ukraine pay reparations too? Could easily be confused, wondering who embarked on the nineteenth century style war of conquest. Looks dead on arrival.
Reuters:

U.S. PROPOSALS TO END WAR INCLUDE UKRAINE GIVING UP TERRITORY AND SOME WEAPONS, REDUCING SIZE OF ARMED FORCES, AMONG MANY OTHER POINTS – TWO PEOPLE FAMILIAR WITH THE MATTER // U.S. HAS SIGNALLED TO ZELENSKIY THAT UKRAINE MUST ACCEPT FRAMEWORK AND ITS MAIN POINTS, THE SOURCES SAY
November 19, 2025 at 6:14 PM
It’s a permission structure to not learn from failures, cast blame. Nothing more. Avoids the messy implications of what is needed to move to prioritizing outcomes over process.
A truly remarkable thing I keep on thinking about from this weekend is how many people seem to think that "over promise/under deliver" is a winning strategy after student loans/Afghanistan/Inflation Reduction Act/ACA/etc
November 18, 2025 at 5:50 PM
Hence why it attracts so many cranks interested dishonest revision. Same with WWII.
American Civil War one of the least morally ambiguous armed conflicts in human history lol
November 18, 2025 at 3:52 PM
Reposted by Patrick
nice “joke” but have you considered that even when i recognize attempts at “humor,” i reject them and instead read things both literally and in the worst possible light? do better you piece of shit.
November 17, 2025 at 6:28 PM
Mistaking that inside of many people is a liberal waiting to get out if we just offer the right form of help, make a compelling argument. Not that they have different values, fundamentally value different things.
Why do liberal southerners always do this?

Look, I'm from Idaho, which has plenty of lovely people who are suffering under its policies. But I'll be the first to admit that those laws exist because most people earnestly want bad things. The same is true for Alabama.
I understand why a lot of white liberals are like, fuck the south, because they think about the people in power who are mostly white conservatives. But that is only because of Jim Crow, voter suppression, a lack of real funding for Dems there
November 16, 2025 at 11:28 PM
Contingent on, somehow, not being crippled by procedural fetishism. Not optimistic.
something I've been thinking about if/when we retake power is we're really going to need to shock & awe the elites with accountability. hit em hard and fast. gotta break the entire system and don't give it time to regroup.
Important to understand the Epstein stuff and the fascism and the corruption are, in a lot of ways, really all the same story from different angles: powerful men who can and do abuse vulnerable people around them because they can, and because systems of elite accountability catastrophically failed
November 13, 2025 at 5:49 AM
Meanwhile, in finance, “Pls fix. Thx”
the reason you are all confused by how poorly written all of these emails are is that all of you have, at some point, had a boss who would have fired you for grammar and punctuation this poor, none of these people ever did
November 13, 2025 at 12:47 AM
Yes. Post Trump future is dark.
bsky.app/profile/patr...
Because I do think the new right is going to be very Trumpy and reactionary for awhile. There just isn't really a pathway out of it.
November 13, 2025 at 12:34 AM
Reposted by Patrick
The Republican party is the party of 46 year olds who are only allowed to see their kids ever other weekend but also don't
November 12, 2025 at 3:59 AM