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Howard Lutnick believes in GDP fairies

10 months 2 weeks ago
Our economic betters speak their wisdom: Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn. “You know, that governments historically have messed with GDP,” ...continue reading "Howard Lutnick believes in GDP fairies"
Kevin Drum

So how’s it going in the friendly skies these days?

10 months 2 weeks ago
A conversation about airline safety in the era of DOGE and Elon Musk: Rolling Stone: FAA Officials Ordered Staff to Find Funding for Elon Musk’s Starlink James Fallows, longtime private pilot: Corrupt? Sure. But also directly dangerous? And how! FAA has done careful, long testing /study of new tower-communication system. Now a rush to switch ...continue reading "So how’s it going in the friendly skies these days?"
Kevin Drum

San Diego FC's inaugural home match ends in a scoreless draw with St. Louis City

10 months 2 weeks ago
San Diego FC played to a 0-0 draw with St. Louis City in the Major League Soccer expansion club’s inaugural home match. Despite 14 shots and 67.1% possession, San Diego was unable to break through St. Louis goalkeeper Roman Bürki and his defense. St. Louis managed only two shots against CJ dos Santos and San Diego, but got both on goal.
GREG BEACHAM

Dumbest. Idea. Ever.

10 months 2 weeks ago
I admit that the contest for stupidest idea of the Trump administration is heated and contentious. But surely this must be strongly in the running: Crypto prices surged Sunday after President Trump said he would move forward on a U.S. crypto strategic reserve that will include bitcoin and ether, as well as three smaller and ...continue reading "Dumbest. Idea. Ever."
Kevin Drum