Good morning #BlueSky 😁💙 Me at the gym. 😂

the Dow is down more than 1,100 points (!) since opening 5 minutes ago

It's getting a lot of attn today. But even before today most of the country had very little idea of what has happened at NIH or through it the entire ecosystem of biomedical research in the US. Simply put, Musk, Kennedy & Trump exploded a bomb right in the middle of cancer cure research in the US.

Elon sucks.

Let’s use our words this weekend.

Boston Fed chief Susan Collins: “It looks inevitable that tariffs are going to increase inflation in the near term.”

Update: Lumber Prices Up 15% YoY www.calculatedriskblog.com/2025/03/upda...

A really powerful WWII era "don't be a sucker" piece, that explains how authoritarians have to separate and destroy groups of people so they can take power. I don't usually watch anything this long (22 min) but couldn't stop watching once I started this.

Meanwhile Paul, Weiss has announced its rebranding to Neville, Chamberlain.

The Trump administration’s new restrictions on mRNA research funding will hinder development of mRNA-based cancer treatments.

This reads like a horror story

“The idea of short-term pain for long-term gain is not a crazy idea in and of itself,” said Greg Mankiw, Harvard economist and former G.W. Bush CEA chair. But Mr. Trump’s trade policies are “short-term pain to get more long-term pain.” via @bencasselman.bsky.social www.nytimes.com/2025/03/18/b...

When there is uncertainty, lenders get persnickety about lending money. And yes that’s an #econsky official term

Introducing my next foster dog, Dominic! He's 1-year old, weighs 14 lbs, and has already stolen my heart.

cutting pediatric cancer research… www.cnn.com/2025/02/25/h...

Oh so this was the red wave y’all were talking about

Comments from Howard Lutnick, the secretary of Commerce, and Elon Musk have renewed concerns that the Trump administration could interfere with federal economic statistics. with @colbylsmith.bsky.social #EconSky www.nytimes.com/2025/03/04/b...

We’re witnessing a Brexit-level instance of completely unnecessary economic destruction. A country that’s not hit by any shock, but simply chooses policy self-harm.

The last time America increased tariffs like this, it was 1930 — and it triggered the Great Depression.

Even after the deletions, DOGE's data still contains errors. It still, for instance, claims credit for saving $53 million by cancelling a Coast Guard contract....which ended in 2005.

If you worked for 18F and got fired, Group together to start a consulting company. It’s just a matter of time before DOGE needs you to fix the mess they inevitably create. They will have to hire your company as a contractor to fix it. But on your terms. I’m happy to invest and/or help

Dana Milbank's column on personal liberty and free markets in WaPo today: www.washingtonpost.com/opinions/202...

It's an idea worth considering: "Law, but for rich people."

Please enjoy my last ever post at Climate.gov/ENSO Blog. This afternoon I was fired by the Trump Administration 15 days before my 2yr probationary period ended on March 13. I have worked at NOAA since 2010, and I'm so incredibly proud of the work I did. If anyone wants a quote, let me know.

In 1915, at 23, chemist Alice Ball developed a treatment for leprosy. She died the next year & her graduate advisor took credit for her work. The doctor she’d worked with at Kalihi Hospital did his best to credit her but her contribution wasn’t recognized for decades. A brilliant life cut short.

This sense of reprieve, of the suspension of predictable rules, is the most important reason we should extend the benison of snow days instead of taking them from children." ICYMI, Clare Coffey on the necessity of snow days:

Dog vs. DOGE

I'm looking to see if the cuts & chaos at CDC and NIH have affected any clinical trials or research for drugs for the treatment of cancer, Alzheimer's, Parkinson's, or other serious diseases. If you know anything, please contact me at DavidCorn.99 at Signal. Or if you have any other good stories.

Reinstated Government Watchdog Moves to Protect Probationary Federal Workers Dellinger said the decision to fire probationary employees en masse “without individualized cause” appeared “contrary to a reasonable reading of the law,” & recommended pausing for 45 days. www.nytimes.com/2025/02/24/u...

Ya think? techcrunch.com/2025/02/23/p...

So good to think of the doge boys and Elon carefully checking the court order to make sure they fully comply, dutifully erasing any copies they made of the millions of sensitive records including private tax info, Social Security numbers, etc etc. Right? Right? www.cnn.com/2025/02/08/p...

This is the thing. WIRED is doing great work. It’s also very easy to tell a plausible story for why WIRED is beating up the general-interest press on this story: there’s a constituency with very relevant information that doesn’t trust the NYT, Post or Politico, but trusts the tech press.

This is good. Also, I remain baffled as to why the penetration of Treasury's computer system by a bunch of kids who go by names like Big Balls has not prompted any of the credit rating agencies to downgrade US Government Bonds.

This "kid" has access to U.S. Treasury systems. Either he's a "kid" who can't be held responsible for racist posts (that he hasn't repudiated) or he's an adult trustworthy enough to access systems that control Social Security payments, tax returns etc. Can't be both. www.pbs.org/newshour/pol...

Cancer research is "a ripoff"??? Really? www.washingtonpost.com/health/2025/...

The WSJ last April. The WSJ today. 🇺🇸

NIH doesn’t just support infectious disease research—it drives breakthroughs in cancer, childhood diseases, heart disease, diabetes & more. Thanks to NIH, we have: 💉 Cancer immunotherapy ❤️ Cholesterol-lowering statins 🩸 Insulin for diabetes Investing in NIH = investing in life-saving discoveries.

As expected, the Trump team is already deleting climate info from government websites. In anticipation, our team at Urban Ocean Lab created a permanent archive of 100+ key resources and published a permanent archive: www.urbanoceanlab.org/resource-hub 👩🏽‍💻

Worried about losing access to US federal data that may go off-line, or already is? You’re not alone—but duplication isn’t the answer. Many ongoing efforts have already archived key datasets and many more are ongoing. Check out these existing resources and, if you can, support their work. 🧵

Red state alcohol is currently being removed at B.C. Liquor store in Victoria. #bcpoli

Canada and Mexico represent 25% of building materials imports, per NAHB. Who pays the tariffs? The US importers (who then pass along the increased cost to consumers). No one sends a tariff bill to Canada or Mexico.

Goldman Sachs, Jan 21: "Despite Trump’s comments that the 25% tariff will be implemented in 10 days, we continue to believe the odds of a 25% tariff on Canada and Mexico are low (20%)." Why have analysts been caught so flat-footed by Trump doing *exactly what he said he would*?

The first published piece i wrote as a professional journalist was more than a decade ago using data that showed congress was trading with inside info… and losing tons of money in the process

The reality of deflation ("bringing down grocery prices"): Central banks live in fear of deflation - a major cause of the Great Depression. Better to strive for an economy that will lift wages (as we had in recent years, tho obviously not enough) and slow price gains - like to the Fed's 2% target.