politicoricky.bsky.social
@politicoricky.bsky.social
Political junkie, economist, writer. All opinions are my own and do not necessarily reflect my employer’s views
Pinned
Universal childcare would be one of the best ways to stimulate the economy. Studies have shown an increase in workplace participation and wages. For kids, it helps foster development. The ROI on childcare is insane.

apnews.com/article/chil...

#econsky
I’m not ashamed to admit I’ve always been a Romney fan. He argues that in order to save social security, there needs to be some reforms esp w/ revenues. Close the tax loopholes (caverns) that allow the wealthy to exploit the system. Great read

#econsky

www.nytimes.com/2025/12/19/o...
December 19, 2025 at 5:03 PM
It’s significantly more dangerous to be a nurse relative to other private workers. Nurses face more violence, exposure to harmful substances, and overexertion (2021-2022 data).

www.bls.gov/opub/ted/202...

#econsky
December 18, 2025 at 4:23 PM
UR steady at 4.6%. Job gains in construction and healthcare, losses in fed gov

Last month everyone said they hid bad numbers by not publishing data.

Reality: shutdown means no survey collection

If they were hiding bad numbers, why publish this month? These numbers aren’t good

#econsky
December 16, 2025 at 6:17 PM
The bailout directly contradicts the administration’s claims that tariffs won’t hurt producers or consumers.

This happened the first time around. It’ll happen again.

#econsky

www.washingtonpost.com/politics/202...
Trump to announce $12 billion tariff relief for farmers
Farmers — particularly those who produce soybeans — have felt the effect of the president’s tariff policies.
www.washingtonpost.com
December 8, 2025 at 5:18 PM
Happy Saturday! I want to try something.

I’m an economist. Ask me anything

#econsky
December 6, 2025 at 4:49 PM
Friendly reminder on World AIDS Day that the Trump admin ended CDC HIV prevention programs and slashed research grants

This is coming at a time when CRISPR treatments are showing real promise in curing HIV. Funding cuts will hamper further development

#worldaidsday
December 1, 2025 at 5:39 PM
With the Trump admin opposing using emergency SNAP funds, it’s important to remember the econ benefits of SNAP.

A 2019 USDA study found a 1.5 multiplier effect. This means that $1 billion in SNAP leads to $1.5b in GDP and 13k+ jobs.

#econsky

www.ers.usda.gov/publications...
November 9, 2025 at 12:12 AM
This is MAGAnomics in a nutshell. Cut services and harm businesses. This is an insane level of job loss: 153k in October.

Notably, this isn’t from BLS. Their data won’t be available for a while due to the shutdown, so this is the best assessment we have

#econsky

www.cnbc.com/amp/2025/11/...
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September.
www.cnbc.com
November 6, 2025 at 6:39 PM
If only literally every independent economist said this would happen 🤷🏽‍♂️

www.washingtonpost.com/business/202...

#econsky
October 14, 2025 at 6:35 PM
Excuse the fk me? All government employees are entitled to back pay from the Republican shutdown due to a law Trump HIMSELF signed in 2019 called Government Employee Fair Treatment Act.

#econsky
October 7, 2025 at 8:44 PM
The “brain drain” effect will be long lasting. We’ll lose our edge in R&D, which impacts everything from healthcare to energy to engineering.

#econsky

www.reuters.com/world/austri...
Austria hails 'brain gain' in luring 25 academics away from US after cuts
Austria has lured what it calls 25 "top researchers" away from U.S. institutions including Harvard, the Massachusetts Institute of Technology and Princeton with grants set up in response to the Trump administration's funding cuts targeting universities.
www.reuters.com
September 26, 2025 at 12:17 AM
The latest jobs report (+73k jobs created) is mediocre. The revisions are brutal. May revised (-125k) to only +19k. June revised (-133k) down to only +14k.

At least this shows the admin isn’t cooking the numbers. Or they’re just really, really bad cooks.

#econsky

www.bls.gov/news.release...
Employment Situation Summary - 2025 M07 Results
www.bls.gov
August 1, 2025 at 5:06 PM
Universal childcare would be one of the best ways to stimulate the economy. Studies have shown an increase in workplace participation and wages. For kids, it helps foster development. The ROI on childcare is insane.

apnews.com/article/chil...

#econsky
July 10, 2025 at 5:24 PM
Reposted
Regarding the flooding: GOP doesn’t want to fund the programs that predict these things, but they still want to blame the federal government for not predicting this. DOGE has consequences
July 5, 2025 at 6:57 PM
Yesterday ADP showed a loss of 33k jobs. BLS today showed a gain of 147k. What gives?

1) Different survey methodologies

2) BLS includes state and local
gov employment, which showed gains

3) these are prelim numbers

Still this is a large discrepancy. I’ll be looking into it more today

#econsky
July 3, 2025 at 3:10 PM
BREAKING: Grifter congressman who thinks salt is spicy can’t fathom eating Indian food properly
July 1, 2025 at 1:46 AM
Real GDP decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.

www.bea.gov/news/2025/gr...

#econsky
June 26, 2025 at 1:59 PM
Zohran winning gives three big lessons for mainstream democrats

1) Authenticity matters. Be yourself and stop giving politically “safe” answers. If people don’t like the real you, don’t run.
June 25, 2025 at 3:30 AM
It’s only been 6 months and Mr. “No more wars” got us directly involved in another one.

Tariffs raising prices ✅
ICE arresting US citizens ✅
War with another country ✅

MAGA continues to deliver 👊🇺🇸🔥

#Iran
June 22, 2025 at 1:50 AM
Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was
unchanged at 4.2%. Employment
continued to trend up in health care, leisure and hospitality, and social assistance. Federal
government continued to lose jobs.

#econsky

www.bls.gov/news.release...
Employment Situation Summary - 2025 M05 Results
www.bls.gov
June 6, 2025 at 2:13 PM
The Trump admin’s cuts are compromising inflation data collection.

Not only does this make the data less reliable, but businesses will be impacted since they’re making decisions on worse quality data.

Once again, MAGA is screwing up our economy

#econsky

fortune.com/2025/06/04/t...
Trump hiring freeze threatens key economic data as the Fed zeroes in on inflation
The staff cutbacks have intensified worries among economists that government spending cuts could degrade the federal government's ability to compile crucial economic data.
fortune.com
June 5, 2025 at 2:04 AM
Jerome Powell doesn’t get enough credit for doing his job with independence. The next Fed chair appointed by Trump will likely be a sycophant.

He’ll do what Trump says and destroy the economy in the process. Inflation will rise again

#econsky
cnn.com CNN @cnn.com · May 29
JUST IN: President Donald Trump met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any decisions won’t be based on the president’s demands.
Trump met with Jerome Powell today to scold him about rates. Powell stressed the Fed is staying out of politics | CNN Business
President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any decisio...
www.cnn.com
May 29, 2025 at 11:22 PM
The only reason MAGA thinks it’s constitutional to end birthright citizenship is because they literally can’t read.

#supremecourt
May 15, 2025 at 8:36 PM
This makes perfect sense. It’s where he gets all his healthcare opinions from
Robert F. Kennedy Jr., the health secretary, posted photos on Sunday of himself and his grandchildren swimming in a contaminated Washington creek where swimming is not allowed because it is used for sewer runoff.
RFK Jr. Swims in Washington Creek That Flows With Sewage and Bacteria
www.nytimes.com
May 13, 2025 at 8:46 PM
Chicago cocktail inspired by the new pope:

The Holy Trinity

8oz Old Style
Shot of Malort
Splash of RC to taste
May 9, 2025 at 2:52 AM