Justin Wolfers
@justinwolfers
Wall Street is basically my mum with a report card: expected a D, got a C, called it progress.
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More from Justin Wolfers
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Here’s the thing—especially on April 15: cutting the IRS isn't some abstract budget trim. It's a tax cut delivered through weaker enforcement. And it mostly goes to people with the...
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Sen. Warren: "Did Donald Trump lose the 2020 election?" Handsome Kevin: "ummm... errr... " His response raises real questions about whether Warsh is independent of the President a...
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"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...
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Announcing: Platypus Economics — a Substack, YouTube channel, and podcast built around one idea: Economics is one of the most useful, surprising, and weirdly beautiful subjects in...
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Optimism is not a policy tool. If there’s no clear timeline for resolution, energy markets will price in uncertainty. And uncertainty is costly because firms can’t plan and househo...
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Consumer sentiment is near a 75-year low. But increasingly, these surveys may be measuring partisanship as much as economics. In other words, they may be asking “Do you like the president?” as much as “Do you like the economy?”
A 60-year low in sentiment is a big deal because the baseline is already tough: this survey has lived through recessions, inflation, wars, and financial crises. And yet this is worse. Read the full analysis on Substack: https://newsletter.platypuseconomics.com/p/consumer-sentiment-hits-a-record
AI isn’t the whole story, but it matters. Some sectors are still doing very well, and markets are weighted toward firms whose profits may hold up or improve. The economy is broader than one headline.
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.
If men's job growth is lagging, one response is straightforward: move toward the occupations that are growing. Labor markets change. Successful workers and societies adapt to those changes. Check out the full analysis: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
Kevin Warsh once argued for rates that were too high for the economy, and he now seems politically reluctant to contradict Trump. That's a worrying combo. We'll find out soon enough which one shows up to work.
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.
"If what you want is rate cuts, here's the thing you don't do. You don't go and bomb a country in the Middle East upsetting global energy markets and pushing prices up across the board."
Two things can be true at once: private credit isn't identical to 2008-era shadow banking, and some of the same vulnerabilities may be creeping back. Similar enough to inspect closely.
Courts saying “go to Congress” is not courts banning tariffs. It’s courts saying the Constitution still exists. That matters for markets too: the rule of law lowers uncertainty; arbitrary power raises it.
Chaos, INCOMPETENCE, and governing by Truth Social’:Nicolle ROASTS Trump’s FAILED Iran operation [Edit] Trump forced to abort "Project Freedom" to help ships cross the Strait of Hormuz, after Trump's Truth Social angered Saudi Arabia May 8, 2026 www.ms.now/deadline-whi... Deadline: White House
Are too many people going to university? The Scotsman's Education Correspondent, Catriona Stewart, reacts to Malcolm Offord's comments on university attendance in Scotland. She asks if it is, in fact, the right destination for everyone.
Kasane Teto & Hatsune Miku Music of the Day 340: 32ki - Mesmerizer from the album Circus's Detail (2024) It's April you fool. I've got a recommendation for you, the ultimate escape
🌟 Dive into the Future at AI Week 2026 in Milan! 🌟 Are you ready for a thrilling journey into AI and innovation? 🌐✨ Discover the trailblazing breakthroughs reshaping our world! 🚀🤖 Witness advanced machine learning models, revolutionary AI apps & transformative keynotes. Whether a tech
The recent flotilla bringing aid to Gaza that Israel intercepted had the sister of Ireland’s prime minister on board. He is very angry about how she was treated.
Counting down to the end of the launch discount on my slow cinema club The Film Thread. Half price till the end of today. Come chat about nuclear testing sending the world spinning off its axis! (thankfully only in Val Guest's movie not for real😁) vickilesley.substack.com/subscribe #filmsky #nukesky
NOW AVAILABLE...NEW RELEASE EBOOK...ONLY $0.99. READ FOR FREE WITH KINDLE UNLIMITED. Bodies staged like burial rites. A killer using ritual as a message. HPD detective Leilani Kealoha must decode ancient practices while outmaneuvering federal agents and a man who won’t stop. Packed with forensic…
In the margins, God lifts the meek, revealing Christ's love for every unnoticed soul. Luke 19:8 - "But Zacchaeus stood up and said to the Lord, “Look, Lord! Here and now I give half of my possessions to the poor, and if I have cheated anyone out of anything, I will pay back four times the amount.
Hands off Venezuela / Free Palestine march happening now, downtown Vancouver BC. @MVUPalestine
Same robot prob earlier. Waymo fleet ops may learn slower than their robots. OP: tiktok.entrepreneur_queen
On June 2nd we are taking back our city. The days of allowing homeless criminals to vandalize and destroy property are over. mayorpratt.com @Street_People_of_LA
Cynara Menezes sobre a soltura de Alexandre Ramagem, que até hoje não tem explicação. BARZINHO DAS MENINAS quintas 21h no canal FOLHA TV no YouTube com transmissão simultânea no Facebook. #barzinhodasmeninas #cynaramenezes #política #folhatv
This is the most relaxing game I have ever seen - Carve moats, raise towers and walls, and embellish them - Customize your beach to your liking - Relax, there's no rush The game is called Sandcastle on Steam.
🔴 ÚLTIMA HORA | El juez que investiga a Leire Díez requiere nueva documentación al PSOE e imputa a Cerdán y Zarrías social.elpais.com/2fn…
🎙️ In a new episode of the EdUp Canada Podcast, host Michael Sangster sits down with Cheryl Harrison, COO and VP of MC College, to discuss skilled trades, beauty education, and the impact of career colleges in Canada. 🔊Listen here: buff.ly/UvDSrhl #CareerColleges #NACC
Preparations for tonight’s show are “very complete, pretty much” 🗯️ So Robert and Pippa will be back to make sense of another wild week of news “soon, very soon” Join us tonight ⬇️ 🔴9PM LIVE X & YouTube 📺1045PM ITV1 #Peston
Join YOLO Health and Wellness and other local businesses at the Sandy Spring Friends School Craft Fair. Bring the kids out and enjoy the free bouncy house and shop with more than 70 local vendors. Food trucks will also be on site! #DMVevents #handmade #shopsmall #shoplocal #MOCOEvent
“Como, you could argue, they’ve been playing the best football in Italy.” 🇮🇹 Lucas Da Cunha grabs his second of the game as Como continue to put on a SHOW ✨ Watch every game and every goal live on the Golazo Show NOW only on @paramountplus 📺
BREAKING: Fights break out and objects thrown between pro-Palestinian protesters and Zionists near land auction for stolen Palestinian land in Brooklyn.
If we want a system that protects people — not profits — we have to change the rules themselves. ✊ Volunteer. Organize. Amend. 👉 movetoamend.org/volunteer #MoveToAmend #WeThePeopleAmendment #EndCorporateRule #democracy
Polk County Supervisor Matt McCoy faces off with “Fictional Reporter” about Conversion Therapy. #LGBTQ
🇷🇺 Taganrog Air Base! 🇺🇦 Ukrainian drones destroy two Tu-142 aircraft, Iskander missile system at Taganrog Air Base #Taganrog #Tu-142 #Ukraine #Russia 🎥: Army 🇺🇦 www.ukrinform.net/rubric-ato/4...
GDOT-0872: I-85 N before US129/SR11 MM 133 (Jackson) 🕒 10:33 PM - 10:34 PM ET (3x speed) 🌡️ 76°F | Partly Cloudy 📍: 34.129690,-83.700550
First gold medal for America in Men’s Hockey since 1980! Blue was riveted and we’re all tearing up over here. LETS GOOOOOOOOOOOOO!
When the demonic voices mispronounce your name 🤦♂️ It's KER-mode! Get it right, Satan! 👿😂 👂 Check out Mark's review of sound-based horror THE UNDERTONE in the latest Take 🎬 + More reviews 🍿 And Brian Cox on GLENROTHAN 🏴🥃 🎧 Listen: pod.fo/e/3fa2dd FULL SHOW on YT 📺 www.youtube.com/watch?v=swdb...
Send these links to friends & neighbors! Email them to MAGA family with the subject line: How to get lower gas prices. In the body: Impeach & remove the most corrupt American president in history. www.instagram.com/reel/DYidJet... www.instagram.com/reel/DYajoJ-...
“Enough of a system that puts endless profit before people.” Powerful words from War on Want’s Tyrone Scott at yesterday’s Together Alliance march against the far right. Solidarity over division. People over profit. Together, another future is possible.
Haven’t slept all night, my period randomly came and the pain is trying to take me out
🌟 NEW VIDEO 🌟 Your little baby pp is only good for wetting diapers. So Daddy has a plan to keep you from trying to do ANYTHING else with it. 😏🔐 Hear it all now at justfor.fans/Come2Daddy #C2D #ABDL #cuckbaby #diapercuck #diaperboy #ageplay #18+
“I graduated from my undergraduate degree last summer… and I have £90,231 of student loan debt.” Gina Tindale, 22, who went to university from a low income background, says the necessity to take out a larger maintenance loan has significantly added to her debt. #Newsnight
This young lady is killin' the aux cord! I'm working on this document and she playin' Last Two Dollars (not me missing the lyric)
What’s deep water solo? Free solo is a type of climbing with no safety ropes. Deep water solo, also called Psycho Bloc, is free soloing over water. That way, falling hurts a little less! In Cairn’s free upcoming summer DLC, On The Trail, you can try it for yourself!
Do you get health and wellness info from social media? Well, according to a new report from Pew Research Centre, you’re not alone. But who are these influencers, and what are their credentials? Who is turning to influencers, and why? What Pew found was really interesting — and a bit worrying:
Anthony Edwards on building championship habits "We just gotta listen to the coaches. We had a hard time of processing stuff and going out there and doing it. We try to do stuff on our own. — You're supposed to build championship habits or playoff habits in the regular season."
The high school football season may still be a few months off, but Baton Rouge area teams returned to the gridiron for the Robert Graves Metro 7 on 7 Summer League. Learn more: https://www.wbrz.com/news/7-on-7-summer-football-league-back-in-baton-rouge/
"This is fascism." @gilduran.com breaks down the #Palantir manifesto and why we need to #purgepalantir Watch the full interview @majorityreport.bsky.social @emmavigeland.bsky.social @samseder.bsky.social