looks like canceling hulu last night paid off #LibbinItUpIn2025

sometimes neoclassical theory gets your ass

Some #SNAP participants will begin to see their food assistance reduced or eliminated due to the Republican megabill, based on a memo from USDA on Friday outlining how states must begin implementing one of the new law’s SNAP cuts. fns.usda.gov/snap/admin/e...

@linkedin.com banned my post on the Trump Regime destroying research into mRNA technology as "misinformation"

Importantly, our estimates of the funding cuts are *much* higher than the State has announced. We explain why in the two reports. Report 1: fiscalpolicy.org/the-state-is... Report 2: fiscalpolicy.org/making-sense...

Today, @nyfiscalpolicy.bsky.social is releasing two reports on how to understand the impact of federal funding cuts in New York. Key points: 1) the cuts amount to over $20bn annually by 2030, 2) 1.5 million NYers will lose healthcare, 3) FPI advises a special session to remedy (1) and (2).

Importantly, FPI's estimates of the funding cuts are much higher than those announced by the NYS Division of the Budget. We explain why in these reports. Report 1: fiscalpolicy.org/the-state-is... Report 2: fiscalpolicy.org/making-sense...

Today, FPI is releasing two reports on how to understand the impact of federal funding cuts in New York. Key points: 1) the cuts amount to over $20bn annually by 2030, 2) 1.5 million NYers will lose healthcare, 3) FPI advises a special session to remedy (1) and (2).

Today, @nyfiscalpolicy.bsky.social is releasing two reports on how to understand the impact of federal funding cuts in New York. Key points: 1) the cuts amount to over $20bn annually by 2030, 2) 1.5 million NYers will lose healthcare, 3) FPI advises a special session to remedy (1) and (2).

the Senate's small-state ultra-bias is never more maddening than when one senator uses it to get benefits for her 740,000 constituents while openly acknowledging the bill she's supporting will harm the nation's 339 million other residents.

It is worth noting that the "One Big Beautiful Bill Act" is incredibly unpopular. I haven't seen a single credible poll with support above 40% of adults. And that's just if you ask people, "Do you support the OBBB." If you poll them about the individual components, it's 30+ points underwater.

Not that anyone cares, but now that JD Vance has cast the tiebreaking vote for $1 trillion in Medicaid cuts, I'm reupping these Vance quotes from 2017, in which he flatly declared that Medicaid cuts like these betray Trumpism's promises to the working class: newrepublic.com/article/1954...

[stabs you] I will do everything in my power to reverse future stabbings

Analysis from me and Michael Kinnucan at @nyfiscalpolicy.bsky.social showed that New York could lose 215k jobs due to medicaid cuts coming from the house bill... the senate bill is an even more severe cut for NY ie. more jobs lost. fiscalpolicy.org/new-york-emp...

New York stand stands to lose a lot in this budget bill. @nyfiscalpolicy.bsky.social has written about job loss, healthcare access, food assistance, and economic harm.

FPI's Emily Eisner on the cruel and economically damaging impacts of cuts to SNAP in the federal budget reconciliation bill.

Here's an op-ed I wrote about the cuts to SNAP www.nydailynews.com/2025/06/29/t...

The New York economy has been sluggish and behind the rest of the country since 2020. Tax revenues have stayed strong because the wealthy are doing well. But it's only getting worse... www.thecity.nyc/2025/06/23/t...

....maybe let's not have elon musk anywhere in government?

⚠️ Hochul announces that she has tasked the New York Power Authority with building “at least one” new nuclear plant, generating 1 GW or more of energy by 2040. Would be NY’s first new nuclear plant in 40+ years

Leading economists argue that Zohran Mamdani's mayoral platform is a bold yet practical blueprint to tackle some of New York City’s most urgent challenges—above all, the cost of living.

New York enacted budget reallocates school funding away from NYC and towards rest of state. Research from @asperry.bsky.social at @nyfiscalpolicy.bsky.social .

But, once the early Medicaid loss group began losing LIS, these folks started filling fewer prescriptions than those who still had LIS. Around this time, mortality rates diverged for these two groups. After both groups lost LIS, prescription fills converged; so did death rates. (9/11)

Also what I learned from my students is that no one was telling them what AI was, how it worked, and what the problems associated with it were

You can really see the deterioration of consumer expectations since the trade war began, now worse than early COVID levels and approaching peak-inflation levels

Join NOW at 12:30pm on Friday May 9 for a discussion of the NY State budget with FPI experts. us06web.zoom.us/webinar/regi...

At 12:30pm today, @nyfiscalpolicy.bsky.social will give an update on the NY state budget. Please join if you're interested! us06web.zoom.us/webinar/regi...

At 12:30pm today, @nyfiscalpolicy.bsky.social will give an update on the NY state budget. Please join if you're interested! us06web.zoom.us/webinar/regi...

The “culture war” frame is a weasly way to avoid saying that this segregationist administration is institutionalizing white male supremacy in the nation’s military academies. “white supremacist purge strikes West Point” is more accurate. www.nytimes.com/2025/05/08/u...

rewatching the two popes right now... this banger from @jacobrosenberg.bsky.social still feels pretty spot on www.motherjones.com/media/2020/0...

Id Do Anything For Abundance But I Won't Support A Job Guarantee: A Guide to Liberal Big Dollar Donor Solicitation Strategy

i think so far the best i have come up with is "“Vatican angling for pasta tariff decrease in exchange for pope import”

caption contest:

wtf

Immediately when I saw this headline from @nytimes.com I said to myself "there is no way this is an actual deal" and of course it isn't but that doesn't stop NYT from consistently putting out idiotic headlines that mis-convey trump as doing actual policy

Black smoke -- no rate hike

Shorter version of Powell's opening statement at the Fed presser: 1. The economy was in pretty good shape prior to Tariffmageddon 2. Stagflation is now on the menu 3. Its' top three concerns are tariffs, tariffs, and tariffs

Housing in New York is about to get very crazy... in case it wasn't already. www.thecity.nyc/2025/05/07/t...

Not only does X becoming a payment platform feel creepy it also feels gross and stupid. gothamist.com/news/elon-mu...

Me talking on WFUV about NY's not-so-rosy economy. And also support your local radio stations! wfuv.org/content/can-...

Does anyone know what's driving the $7mn budget gap in Berkeley's schools? www.berkeleyside.org/2025/05/06/b...

this is pretty funny chart work

I wrote a little post about how NY's economy might already be in stagflation due to the unreasonably and increasing cost of housing. fiscalpolicy.org/has-new-york...

Looks like NY will pay off its UI debt!

This seems like a really high increase... the top number is the upper bound of a two-year lease renewal, but still... gothamist.com/news/nycs-re...

This is not really what i want Albany lawmakers to be doing right now when there are major economic and fiscal issues on the table.

New York State’s budget is currently being negotiated, but they’re failing to prepare for federal budget cuts. Even worse - we’ll likely see the problem compounded with $2 billion in new tax cuts. Op-ed with @emmurpheis.bsky.social www.nydailynews.com/2025/04/27/a...

no one's ever seen an elasticity. at least not a nude one, hanging by itself without unit or dimension

New Op-Ed in the NY Daily News today: "Albany Must Prep for Federal Cuts" NY policymakers must reject tax cuts and the irresponsible "inflation refund" and instead invest in real affordability for New Yorkers.

New Op-Ed for me and Nathan Gusdorf of @nyfiscalpolicy.bsky.social in the NY Daily News today: "Albany Must Prep for Federal Cuts" NY policymakers must reject tax cuts and the irresponsible "inflation refund" and instead invest in real affordability for New Yorkers.