Well duh - tax cuts pay for themselves. St. Ronnie told us so back in the 80s. Look who worked on the Trumpy ones. JFC. We now have incontrovertible evidence that after five years since they took effect, the Trump tax rate cuts of 2017 raised revenues over this time period. For full disclosure, I should note that I worked with fellow economists Larry Kudlow, Arthur Laffer and Kevin Hassett together on that plan, which went into effect on Jan. 1, 2018. The latest Congressional Budget Office report released earlier this month calculated that the federal government collected $4.9 trillion of federal revenue last year. This was up — ready for this? — almost $1.5 trillion since 2017, the year before the tax cuts became law. https://www.bakersfield.com/opinion...cle_d0f0b298-9b63-11ed-a4c9-3b4ae547d476.html
Republicans do have an inflation plan. It's this: 1) Force the government to enact ruinous policies that destroy the economy. 2) Blame the Democrats for the destroyed economy and win the next election.
Kevin Drum is one of my regular reads. He’s had a series of posts over the last 6-8 weeks showing that inflation is coming down, but he pairs that with the argument that it takes 12 months for raised interest rates to slow down the economy. IOW, these recent rate hikes aren’t affecting things yet.
It's interesting in recent weeks Musk has been blaming obvious broken stuff on the previous Twiiter ownership, as if they somehow secretly installed a bunch of nefarious code that has to be rooted out Now things are very obviously broken and he's running personal tests on production with ratboi and the other sycophants who claim their view counts have collapsed LOL, like I suspected: Musk's team at Twitter also doesn't know why the algorithm is favoring locked accounts.https://t.co/zjPjnpvjgf— Max Kennerly (@MaxKennerly) February 1, 2023
I find it odd that the reporting on the cuts seems so disinterested in finding out how many of these jobs are US-based and how many are foreign. The fact remains, however, that these aren’t all US jobs.
This happened to me once. Everything was running great when I was in charge. I left to go to a competitive platform. Then everything started to break. Instead of concluding the obvious: "Wow, that handsome mensch Q*Bert was great and we need to hire someone as talented as he was" they instead went with: "Wow, that ugly bastard Q*Bert must have slipped in nefarious code on his way out the door to maliciously corrupt all of our systems."
Twitter will start sharing ad revenue with creators with ads that appears in their replies. Also .... "Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class action securities fraud trial stemming from tweets Musk made in 2018." Lastly ... TSLA ==> $190. Almost 90% bounce from lows.
I still don't have much faith in Tesla's valuation reflecting actual value, but I'm sure a lot of people are resting easier now that the stock has recovered. I will miss the lulz.
At least the Twitter warnings about tweets are still showing up. Creepy and disgusting Ron DeSantis’ latest political stunt: He wants to require Florida student athletes to submit their menstrual history to schools, including what age they had their first menstrual period, most recent period, and “how many periods in the past 12 months”. pic.twitter.com/xIY8GlpgZA— Mike Sington (@MikeSington) February 3, 2023 But it looks like the warning doesn't show up when you quote the tweet. It probably should. This is the warning you see on tweeter
Noel Skum fired an engineer because Skum’s engagement on Twitter is way down. https://www.platformer.news/p/elon-...ter-engineer?utm_campaign=post&utm_medium=web
It's become clear in the last couple of days that Elmo has broken Twitter in some ways that were predicted and which might not be recoverable. The people are the product and while Devs may scramble to fix the issues it may already be too late to stop the decline in use While it's amusing and hilarious to see Ratboi, Catturd and Musk himself moaning about their engagement figures, Ive been seeing this for some weeks from all kinds of serious accounts. e.g one big account from Biden's hashtag resistance posted the collapse of his numbers back in january, assuming it was some kind of attempt to sabotage lefty political accounts. The result of that is many of the better content creators are now more active elsewhere It is pretty clear the Algo is banjaxed, and also the analytics reporting is broken. They managed to break the entire site this week so no one could post or follow anyone - so their ability to fix any of this comes into question. As Platformer points out, this all starts at the top. There is no content strategy for what they are trying to achieve here. And also they fired all the people who know how twitter works. And also they have no money. And also they have no revenue. And also they have no business model. Oh no, Elon's Twitter shadowbanned Elon https://t.co/8Chui9jIGM— Jon Favreau (@jonfavs) February 9, 2023
Here's a NYT tech reporter talking about the broken Algo since "for you" got launched. Basically it is now hard for high follower accounts to get their tweets discovered by their followers (presumably because the Musk Algo is too busy pushing other nonsense that no one wants to engage with). Indeed I find it hard to find content from the content producers i follow even on the "following' tab - i often just go manually to their profiles to see their content which i never got. One other reason for this may be that Musk has removed too many server resources. So in other words, when i load my timeline, instead of getting all the good stuff i should get, Twitter don't have enough resources to find and serve the whole timline, so i just get whatever it slaps together. This was a known issue for big follower accounts in their "mentions". Twitter struggles to tell them if other important accounts replied to their stuff, and therefore opportunities for engagement are broken. been messing around with twitter last week or so and there are some interesting problems:with the intro of "For You", tweet discoverability for high-follower accounts is tanking. i THINK it has something to do with old verified badges and wanting to get people to pay for Blue— rat king 🐀 (@MikeIsaac) February 6, 2023
Eel's shitcanned engineer bids adieu This was me, my 6.5-year stint at Twitter comes to an end today. Proud of the work we did and have full confidence the three or four people left will be able to honor Elon’s requests to artificially inflate his view counts (and view counts for advertisers). Not me though 🫡 https://t.co/VyXhUraCmr— jordan (@jdan) February 9, 2023
There's a possibility that this is just a shitposter claiming to be the guy Elom fired. It is Twitter, after all - there's no verification of anything any more.
So Musk appears to confirm the resourcing issue - this is what happens when you do dumb things in production without having the right people involved. Personally I had been seeing sparse timeline. In the before times, you could read some tweets, then refresh the timeline and get loads more. Recently refresh was only giving me a handful of new content. so e.g you check twitter in the morning, refresh at lunchtime, and you only get maybe 10 new tweets. So I can see why engagement would be way down ... to see the tweets i had to go to my favourite accounts to find out if they posted anything. Long day at Twitter HQ with eng teamTwo significant problems mostly addressed:1. Fanout service for Following feed was getting overloaded when I tweeted, resulting in up to 95% of my tweets not getting delivered at all. Following is now pulling from search (aka Earlybird).…— Elon Musk (@elonmusk) February 12, 2023
I think Dave has said that he doesn't have an account. He just knows where to go to find the nuttiest nuts to pick. Since I deleted my Twitter account, I still want to get a hit of Elie Mystal on occasion, so I just go to https://twitter.com/ElieNYC to get Elie's latest tweets and retweets. Dave probably has a few accounts that he knows will provide entertaining tweets to share with us.