@david-charts.bsky.social
Rattner: "Before Trump was elected, inflation was projected to drop to 2.2% by the end of 2025. In September, it rose to 3%."
November 27, 2025 at 2:37 AM
Rattner: "Before Trump was elected, inflation was projected to drop to 2.2% by the end of 2025. In September, it rose to 3%."
Rattner: "The Trump administration likes to complain they inherited an economic mess, but the economy grew 2.8% in 2024."
November 27, 2025 at 2:36 AM
Rattner: "The Trump administration likes to complain they inherited an economic mess, but the economy grew 2.8% in 2024."
If the debt passes to the next generation, so do the assets. Treasury bonds are debt of the government and assets of the private sector. The problem is the rich have all the money; we refuse to tax their net worth or reduce their gigantic tax expenditures.
November 20, 2025 at 5:16 AM
If the debt passes to the next generation, so do the assets. Treasury bonds are debt of the government and assets of the private sector. The problem is the rich have all the money; we refuse to tax their net worth or reduce their gigantic tax expenditures.
NVDA had a huge quarter, exceeding expectations with a giant revenue gain of over $10 billion or 22% vs. just last quarter, 62% above a year ago. The AI Bubble hasn't popped yet.
November 19, 2025 at 9:49 PM
NVDA had a huge quarter, exceeding expectations with a giant revenue gain of over $10 billion or 22% vs. just last quarter, 62% above a year ago. The AI Bubble hasn't popped yet.
How much loot has Trump gotten/taken since his re-election? Nearly $2 billion. Seems low.
www.americanprogress.org/press/releas...
www.americanprogress.org/press/releas...
November 18, 2025 at 4:52 AM
How much loot has Trump gotten/taken since his re-election? Nearly $2 billion. Seems low.
www.americanprogress.org/press/releas...
www.americanprogress.org/press/releas...
Recent job creation in context, updated for Sept prelim benchmark:
1. Only 48k jobs / month added on avg Feb-Aug '25.
2. Only 29k jobs/mo avg. for Jun-Aug.
3. Sept and Oct job reports delayed; net likely ~0, with over 100k federal workers' severance ending Sept 30.
1. Only 48k jobs / month added on avg Feb-Aug '25.
2. Only 29k jobs/mo avg. for Jun-Aug.
3. Sept and Oct job reports delayed; net likely ~0, with over 100k federal workers' severance ending Sept 30.
November 17, 2025 at 12:10 AM
Recent job creation in context, updated for Sept prelim benchmark:
1. Only 48k jobs / month added on avg Feb-Aug '25.
2. Only 29k jobs/mo avg. for Jun-Aug.
3. Sept and Oct job reports delayed; net likely ~0, with over 100k federal workers' severance ending Sept 30.
1. Only 48k jobs / month added on avg Feb-Aug '25.
2. Only 29k jobs/mo avg. for Jun-Aug.
3. Sept and Oct job reports delayed; net likely ~0, with over 100k federal workers' severance ending Sept 30.
What's going well, and not so well in the U.S. economy.
🟢Stocks
🟢Wages
🔴Job creation
🔴Inflation
🟢Stocks
🟢Wages
🔴Job creation
🔴Inflation
November 15, 2025 at 11:04 PM
What's going well, and not so well in the U.S. economy.
🟢Stocks
🟢Wages
🔴Job creation
🔴Inflation
🟢Stocks
🟢Wages
🔴Job creation
🔴Inflation
AI Copilot estimates savings from Medicare for All at around $600-$700 billion year, around 2-3% GDP, so offsetting nearly half of the 5.5% gap with the next 5 most expensive European countries; say $6,000 savings per household. 12/END
November 11, 2025 at 1:16 AM
AI Copilot estimates savings from Medicare for All at around $600-$700 billion year, around 2-3% GDP, so offsetting nearly half of the 5.5% gap with the next 5 most expensive European countries; say $6,000 savings per household. 12/END
If Biden's extended ACA subsidies expire, annual out-of-pocket costs more than double, from around $1,000/year to $2,000. The effect varies by age and type of plan, but is significant. 11/
November 11, 2025 at 1:16 AM
If Biden's extended ACA subsidies expire, annual out-of-pocket costs more than double, from around $1,000/year to $2,000. The effect varies by age and type of plan, but is significant. 11/
The ACA was based on the Heritage Foundation's proposals of the 1990's, which included tax increases, mandate, and subsidies. While Heritage wanted to treat the employer contributions as taxable for most workers, the ACA mainly taxed the 5% instead, improving inequality. 10/
November 11, 2025 at 1:16 AM
The ACA was based on the Heritage Foundation's proposals of the 1990's, which included tax increases, mandate, and subsidies. While Heritage wanted to treat the employer contributions as taxable for most workers, the ACA mainly taxed the 5% instead, improving inequality. 10/
According to AI Copilot, higher prices caused low wage workers to drop coverage or switch from family to individual plans, dropping dependents. Employers also shifted costs to workers with high-deductible plans, slowing the rate of increase. 9/
November 11, 2025 at 1:16 AM
According to AI Copilot, higher prices caused low wage workers to drop coverage or switch from family to individual plans, dropping dependents. Employers also shifted costs to workers with high-deductible plans, slowing the rate of increase. 9/
The premiums in the employer market have been steadily increasing over the past 25 years. However, the rate of increase slowed after 2005 (pre-ACA). Why did that happen? 8/
November 11, 2025 at 1:16 AM
The premiums in the employer market have been steadily increasing over the past 25 years. However, the rate of increase slowed after 2005 (pre-ACA). Why did that happen? 8/
Going into the employer / private market, which covers around 155 million people per KFF, the average family premium for 2025 is nearly $27,000, with $20,000 of that covered by the employer. The employer portion is not taxable to the worker, a form of subsidy. 7/
November 11, 2025 at 1:16 AM
Going into the employer / private market, which covers around 155 million people per KFF, the average family premium for 2025 is nearly $27,000, with $20,000 of that covered by the employer. The employer portion is not taxable to the worker, a form of subsidy. 7/
Here's the uninsured rate for various demographic categories. Whites and Asians have sub-7% uninsured rate, while African Americans and Hispanics have a much higher uninsured rate. 6/
November 11, 2025 at 1:16 AM
Here's the uninsured rate for various demographic categories. Whites and Asians have sub-7% uninsured rate, while African Americans and Hispanics have a much higher uninsured rate. 6/
Here are the % associated with the numbers on the previous coverage slide. About 92% insured, 8% uninsured, which is historically low thanks to the ACA and Biden's subsidy expansions. 5/
November 11, 2025 at 1:16 AM
Here are the % associated with the numbers on the previous coverage slide. About 92% insured, 8% uninsured, which is historically low thanks to the ACA and Biden's subsidy expansions. 5/
Turning to coverage, here's how the U.S. population got its health insurance in 2024. About 190 million covered through private health insurance, 120 million via public/government, and 27 million uninsured. 4/
www.census.gov/library/publ...
www.census.gov/library/publ...
November 11, 2025 at 1:16 AM
Turning to coverage, here's how the U.S. population got its health insurance in 2024. About 190 million covered through private health insurance, 120 million via public/government, and 27 million uninsured. 4/
www.census.gov/library/publ...
www.census.gov/library/publ...
The next two reasons are expensive chronic diseases like diabetes and heart disease, driven by our lifestyle choices (obesity), and market consolidation giving pricing power to corporations to raise the prices of goods and services. Government forcing down prices is another key in Europe. 3/
November 11, 2025 at 1:16 AM
The next two reasons are expensive chronic diseases like diabetes and heart disease, driven by our lifestyle choices (obesity), and market consolidation giving pricing power to corporations to raise the prices of goods and services. Government forcing down prices is another key in Europe. 3/
Why are U.S. costs so high? I asked AI Copilot for the top 5 reasons. The first three involve higher costs per unit of healthcare goods and services; our complex multipayer system with insurance overhead; and more intensive treatments even if marginal benefit low. 2/
November 11, 2025 at 1:16 AM
Why are U.S. costs so high? I asked AI Copilot for the top 5 reasons. The first three involve higher costs per unit of healthcare goods and services; our complex multipayer system with insurance overhead; and more intensive treatments even if marginal benefit low. 2/
🧵A briefing on healthcare economics, both cost & coverage. First, OECD estimated U.S. healthcare costs at 17.2% GDP in 2024. The next 5 highest countries in the OECD average around 11.7%. That 5.5% GDP gap is about $12,500 per U.S. household more that we spend. 1/
November 11, 2025 at 1:16 AM
🧵A briefing on healthcare economics, both cost & coverage. First, OECD estimated U.S. healthcare costs at 17.2% GDP in 2024. The next 5 highest countries in the OECD average around 11.7%. That 5.5% GDP gap is about $12,500 per U.S. household more that we spend. 1/
ADP: The private sector added 42,000 jobs in October, first positive month since July. Recall that BLS figures also include government, which likely had a large net loss, as an estimated 100k-150k federal workers lost severance pay. My best guess for the BLS # is -72,000.
adpemploymentreport.com
adpemploymentreport.com
November 5, 2025 at 2:53 PM
ADP: The private sector added 42,000 jobs in October, first positive month since July. Recall that BLS figures also include government, which likely had a large net loss, as an estimated 100k-150k federal workers lost severance pay. My best guess for the BLS # is -72,000.
adpemploymentreport.com
adpemploymentreport.com
Despite all the media attention, ICE removed a lot more undocumented immigrants in 2023-2024 under Biden than in 2025 under Trump so far.
www.ice.gov/statistics
www.ice.gov/statistics
November 3, 2025 at 3:54 AM
Despite all the media attention, ICE removed a lot more undocumented immigrants in 2023-2024 under Biden than in 2025 under Trump so far.
www.ice.gov/statistics
www.ice.gov/statistics
Nobody paying attention votes Republican on the economy.
November 1, 2025 at 2:58 PM
Nobody paying attention votes Republican on the economy.