Justin Wolfers
@justinwolfers
AI is booming. The broader economy, not so much. That matters because workers and small businesses don’t all live inside one tech boom.
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Bottom line: the issue isn't only what Iran can do. It's that everyone now knows what Iran can do. Revealed vulnerability changes bargaining power.
A B+ economy with a recession-sized deficit is like showing up to a Sunday barbecue in full scuba gear. Technically you’re dressed, but something doesn't add up.
"You can't say the cost of a puppy is $200 because that was the adoption fee." The Pentagon's $25B price tag does exactly that — it ignores veterans' care, disability payments, and decades of interest. The true cost of war shows up long after the fighting stops.
The problem with a gas tax holiday? Lower gas prices encourage more driving. If the goal is relief, send checks based on last year's gas spending instead. Similar help for households, without increasing demand.
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The platypus has a sixth sense — it picks up signals invisible to everyone else. That's what good economics gives you. The promise: see clearly in murky waters.
Debt by itself is a lousy guide. A $500,000 mortgage can be manageable or terrifying depending on salary, rates, and future earnings. Same with countries: the real question isn’t “how much debt?” but “can they carry it?”
Think of an oil shock like a stone tossed in a pond. First splash: gasoline. Then the ripples: airfares, delivery costs, packaging, groceries, construction materials. The ripples are real. Just give them a moment to spread.
The key distinction is between nominal wages and real wages. Nominal wages are the dollars on your paycheck. Real wages are what those dollars can actually buy. If prices rise faster than pay, you’re going backwards.
Penultimate show live now!! Look at all those little spirits www.youtube.com/watch?v=-aBk...
If you have more than $350,000 cash in the bank, you can't afford to ignore this. To watch full video go here: https://youtu.be/RMBikNYAfFQ
🇮🇹 ❌ #Italy ’s PM #GiorgiaMeloni summons #Isräëli ambassador, demands apology after footage of #ItamarBenGvir taunting detained #Gäza flotilla activists Demands release of Italian citizens, calling their treatment 'violation of human dignity' #IDF detained 430 activists from more than 40 countries
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Hey people of the world, love ya! We live in a culture that doesnt really care for love, or rather, has a really fucked up idea of what "love" means. As hate and hosility grow, i have taken the growth of my heart more seriously. Anybody who says love and empathy are flaws should be dismissed
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Your Flag Decal ( #johnprine cover) #nokings 3-28-26 @havalinapdx.bsky.social @charluminous.bsky.social
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