A 30-year mortgage currently has an interest rate of 6.3%. A reasonable guess it that a 50-year mortgage rate would be about 7.0%. ⇒ The monthly payment on a $500k mortgage: - 30 years: $3,050 per month - 50 years: Only $100 less at $2,950 (but 240 months longer).

Wondering when you'll get your #BLS data?? The Friends of BLS have posted an FAQ about the impact of the shutdown on #BLSdata: www.friendsofbls.org/updates/2025... #econsky @aaronsojourner.org @betseystevenson.bsky.social @justinwolfers.bsky.social @jasonfurman.bsky.social @jedkolko.bsky.social

Every month for the last 77 years, the Bureau of Labor Statistics has estimated Americans' unemployment rate This streak dies tomorrow Govt staff could not survey Americans about whether they're working or looking for work in Oct, the 1st time in 934 months This blind spot will remain forever

There's this weird conception that people have where the inflation/employment data is just released after the BLS does a vlookup command. The CPS is based on interviews with 60,000 people every month! It's a ton of work to collect the data - if people are not working, there's nothing to release!

Yeah whoever jacked up tariffs on coffee from Brazil earlier this year must be a real bonehead

Heavy big-tech selling in the last 2 hours

From @merriam-webster.com. How does that happen?

Eagles power ranking roundup: Week 11 📈 www.phillyvoice.com/eagles-power...

ultimate = last in a series penultimate = second-to-last in a series antepenultimate = third-to-last in a series preantepenultimate = fourth-to-last in a series propreantepenultimate = fifth-to-last in a series

If this is what they are doing with the AI, what do you think they are doing with the much simpler and easier to control algorithm that chooses which posts you see and which of your posts are seen by others?

The inflation blame-game is no fun when the shoe’s on the other foot. 🙄

Incredible work from the president, collecting another $1 trillion from tariffs in less than 10 hours

Saying you inadvertently backed the US into a “National Security Event” isn’t the flex he thinks it is.

just started having recency bias and i love it. easily the best bias

it's not that i ever doubted that being a barista was a skilled position, but my year-long effort to try to produce a half-decent latte at home has convinced me that a good barista is easily more skilled than virtually every c-suite executive on the planet

NFC Hierarchy/Obituary: Week 11 edition 👑☠️ www.phillyvoice.com/nfc-hierarch...

The future of knowledge is yours to protect. #Wikipedia25 Donate now ➡️ donate.wikipedia25.org

This is straight out of 2022 and 2024 for the Eagles, running out the clock despite the defense knowing it. One more first down to go.

Who imposed tariffs? Who cut immigration, destroying the ag workforce? Who undermined the Fed? Who halted renewable energy? Who's running deficits?

When it comes to health insurance, the cohort of my client base that is most consistently happy is those age 65+. People like Medicare.

Here’s how a 50-year mortgage would work

Better a jackass than a copperhead

Ways and Means is also a brilliant and humanizing portrayal of Treasury Secretary Salmon P Chase as a principled, ideological, emotional, and self-interested man thrust into an unimaginably difficult situation & still able to notch incredible achievements in the service of progress and his country.

Tell me you don’t understand risk pools without telling me you don’t understand risk pools

Random Eagles notes: Micah Parsons poison pill, Jaire Alexander scratched, Willie Lampkin's role www.phillyvoice.com/random-eagle...

They caved in March so they could get a better deal now. They’re caving now so they can get a better deal in some indeterminate future. The better deal is always just beyond their reach, but continuing to cave will get them there. And if you don’t agree with that, you don’t understand Politics,

A $2000 tariff “dividend” would be negative for bonds — if the bond market actually believed it would ever happen. 🤡

$2,000 "tariff dividend"

1/ The US Government has quietly removed a memorial to Black soldiers who died in World War II from the Netherlands American Cemetery in Margraten, South Limburg. The move follows a complaint from the right-wing Heritage Foundation to the American Battle Monuments Commission. ⬇️

For those confused by state of play on SNAP right now: You're not alone Yesterday, *before* SCOTUS paused order telling Trump admin to send out SNAP $$, a handful of states rushed to issue full SNAP benefits to at least part of their caseload. This includes CA, OR, WA, MI, and WI—all blue states (🧵)

This is an absolutely insane administrative process. Within the space of a week, states were told by judges/White House *no SNAP benefits *half benefits *full benefits *pause provision of benefits. Result is chaos, uncertainty, and uneven access to benefits depending on where people live.

Some historical background for those of you watching Netflix's new limited series about James Garfield and Charles Guiteau. I am really enjoying it. www.smithsonianmag.com/history/the-...

They do not have a plan, they’ve never had a plan. They’ve also never had the votes to repeal the ACA which is *OVERWHELMINGLY* popular, nor have they been able to get the Supreme Court to overturn it, so instead they’ve just shut down the entire government to try forcing Dems to stop funding it.

Econ 101 midterm question: Based on what you know about risk pools and adverse selection in healthcare markets, will giving people money instead of giving them money to buy health insurance lead these markets to function more effectively, or will it just lead more people to be uninsured?

I dunno if I was trying to explain how this is all Democrats fault I would not ask SCOTUS to stop me from having to feed people.

LET ME BE PERFECTLY CLEAR: DOJ DID ALL OF THIS TO TRY AND STOP PAYMENTS TO PEOPLE UNDER AN ANTI-HUNGER PROGRAM.

Look I’m just a local idiot, but from where I stand this is the worst set of political maneuvers I’ve ever seen grown adults make.

In his decades-long pantheon of bone-chilling statements, this one’s hard to top.

And, wherever possible, let Cook County or the state AG prosecute the cases. I’m sure these abuses violate state laws too. That way no future MAGA-type President can vice-signal by pardoning them, and makes it harder for a collaborationist SCOTUS.

"To me, as an economist.. the much deeper, much harder question is, what is the national emergency? President Trump claims that it's bilateral trade deficits. If you talk to any economist with a pulse, they'll tell you that bilateral trade deficits are the most uninteresting thing in the world."

Illegal impoundments are so important to Republicans that they’re insisting on language that would prevent GAO from suing. How can you make a budget deal when one side insists on the ability to ignore that deal?

Real ones also know that the AI industry is already basically getting bailed out (because they’re exempt from the tariffs the rest of us have to pay) www.apricitas.io/p/the-tariff...

everywhere i look, i see his face

I'm here in Washington working with my Democratic colleagues to protect healthcare for every American, but Republicans refuse to meet with us. I decided to attend Speaker Johnson’s press conference today to speak to him.

The disconnection from reality in Sauer’s SCOTUS argument is hilarious. “We’ll reinvigorate America’s hollowed-out manufacturing base.” No you won’t.

I've seen this go by a few times on TikTok now and I have to say, I love this idea. We need a way to convince people to keep running even if they don't win, maybe building the loss into it as a troll move is the secret.

Look, this was a retweet (or whatever it's called on BlueSky) of another tweet (whatever), BUT, it's nearly 1:00AM EST and I'm seeing a picture of a guy wearing a Chamberlain shirt with a quote from the Battle of Gettysburg, so I'm retweeting it (whatever).