You can see the productivity boom everywhere but in the manufacturing statistics

Core problem for the Trump admin is that there’s an extremely limited number of economic policymakers who have basic competency and are Trump-loyal, which is how you get Bessent taking over the IRS and the CEA Chair Miran going to the Fed I call this the Marco Rubio effect

Tariff lawsuits going well I see

US labor productivity rebounded in Q2, creeping up to a new all-time high after dropping significantly in Q1 Overall productivity growth has still been noticeably faster post-COVID than pre-COVID

You would need a lot more tariff increases to hit this number, make of that what you will

In a way Trump believes in BRICS as a anti-US political alliance more than almost any of the member countries, the 50% Brazil/India tariffs are nonsense policy downstream of his belief that they’re unironically close to creating a currency that will supplant the US dollar

uhhh what the hell is going on here

Good morning. It is now 12:01 AM, which means tariffs have increased on $1.6T in US imports from more than 90 countries. Those increases go from as small as 5% for goods from the EU & Japan to as high as 31% on Syrian goods, driving the overall tariff rate up more than 2%.

Official transit data is in for the first half of this year & DC's WMATA remains the fastest-growing agency in America! Ridership is up nearly 15% year-on-year SEPTA, Seattle Metro, & the LIRR have also seen strong growth, with Boston's MBTA & NJTransit losing riders

sure whatever why stop at 100% at this point. Let's do 200%. 350%. 1,245%. 3 billion percent. Two kabillion percent. Seventeen Brazilian percent. One Google percent.