Favorite Rejects 2023-02-06

Presidio of San Francisco @presidiosf

The Presidio is excited to announce the park has received a $200 million federal grant that will go toward major systems upgrades including installing a totally new power grid that should triple the electrical capacity of the park. Plus more!

bit.lyS.F.’s Presidio getting $200 million from Washington. Here’s how the unique national park will changeThe grant was tucked into last year’s Inflation Reduction Act, and is the latest show of...

Bring back the yap-satçı @TribTowerViews

Northern California needs Oregon-levels of mass timber economic development policy. masstimbercoalition.org/projects

Gokul Sahni @Gokul_Sahni

🧵 on the Indian economy and its key drivers for the future: “Why is India the most important development story on Earth?.. sheer size; as of this year, India is the world’s most populous country, overtaking a now-shrinking China.” 1/10

Noah Smith 🐇🇺🇦 @Noahpinion

The final post in my "country development" series: India!!! 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳 https://t.co/5XVYPv38Uh

Noah Smith 🐇🇺🇦 @Noahpinion

This is like saying that as people go to the hospital, they respond by having heart attacks and broken legs

Cory Doctorow (@pluralistic@mamot.fr) @doctorow

Once again, our uniform spherical cow on a frictionless surface nevertheless skids to a painful halt: "As interest rates grow, it seem that inflation responds by … increasing." 16/ https://t.co/1vnsh6rXsq

Joe Weisenthal @TheStalwart

We need to talk more seriously about how we escaped ZIRP, unemployment is at a 50+ year low, real wages are now positive (and have been for the lower quintiles for some time), and the rich have taken a big hit to their wealth So many people here dreamed of this scenario.

Cameron Poetzscher @cpoetzscher

We should be aggressively recruiting talent from all over the world, but especially from China, Russia, Iran & other talent-rich but hostile & authoritarian states.

Alec Stapp @AlecStapp

Reminder: One of China's biggest fears is that someday the United States might actually fix its broken immigration system https://t.co/LWOCrsaWOn

Noah Smith 🐇🇺🇦 @Noahpinion

Ed Prescott would say those other countries have higher employment rates because they have lower taxes ...oh wait

Joey Politano 🏳️‍🌈 @JosephPolitano

Two things that are true about America's labor market recovery: 1) The speed & strength of the post-COVID employment recovery has been historically strong 2) The US still significantly lags behind most of its peer countries in working-age employment https://t.co/qcec6wAvMP

Matthew Yglesias @mattyglesias

It is true that with the FairTax, many Republicans did display willingness to raise taxes — on retired people and the poor.

Jonathan Martin @jmart

Classic ⁦@RichardRubinDC⁩ deadpan: “It isn’t clear how much Mr. Smith’s emphasis on working Americans will lead to changes in Republican tax policy, which has been defined for three decades by opposition to tax increases” https://t.co/H0xCwmJIJI

Timothy B. Lee @binarybits

I liked Cory's work on copyright back in the day but his thinking on economics (via @Noahpinion ) is confused. This is like saying firefighters are supposed to stop fires but houses that have firefighters visit them in a year are more likely to have caught on fire that year.

Cory Doctorow (@pluralistic@mamot.fr) @doctorow

Once again, our uniform spherical cow on a frictionless surface nevertheless skids to a painful halt: "As interest rates grow, it seem that inflation responds by … increasing." 16/ https://t.co/1vnsh6rXsq

Armand Domalewski @ArmandDoma

The lowest earning 25% of Californians spend almost 70% of their income on rent, per the @LAOEconTax

Noah Smith 🐇🇺🇦 @Noahpinion

Remember to account for macro variables when analyzing micro data!

Wilfred Reilly @wil_da_beast630

The famous claim that a home increased in value by $100Ks after a white "front couple" pitched it instead of a Black family was apparently b/s - the 2nd pitch took place 7 moths later, involved new appraisers, and followed a 30% upswing in the market...https://t.co/Y2hUK9tkzk