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James Pethokoukis ⏩️⤴️
@JimPethokoukis
@AEI @CNBC Book: The Conservative Futurist Substack: Faster, Please! Cirrus. Socrates. Particle. Decibel. Hurricane. Dolphin. Tulip.
Washington, DC
Born August 10
Joined September 2008
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    🚀🎇🧬⚡️ Let's build a future of greater wealth, health, and human flourishing. Let's create big opportunities and solve big problems. The future we glimpse in our dreams is waiting. THE CONSERVATIVE FUTURIST: How to Create the Sci-Fi World We Were Promised
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    The option I like: We don't sacrifice America's grandparents. We prepare the economy for a big pause and then a big restart. We act like the world's richest nation on the tech frontier and get our act together to contain and kill COVID-19. Anything less to our everlasting shame.
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    GOLDMAN SACHS: "We find a national [facemask] mandate could ... cut the daily growth rate of confirmed cases by 1.0pp to 0.6% ... a face mask mandate could potentially substitute for lockdowns that would otherwise subtract nearly 5% from GDP."
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    GOLDMAN SACHS: A Democratic "blue wave" would "likely result in substantially easier US fiscal policy, a reduced risk of renewed trade escalation, and a firmer global growth outlook."
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    GOLDMAN SACHS: "A Biden win, especially in a "blue wave", would likely mean greater fiscal stimulus, more cyclical upside, less trade policy risk, and a weaker USD/stronger EM FX. Earlier vaccine availability would have directionally similar effects, in our view."
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    Twitter, a private company, has no obligation to let itself be a tool for insurrection.
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    🚀 GOLDMAN SACHS: "We have raised our GDP forecast to reflect the latest fiscal policy news and now expect 8% growth in 2021 (Q4/Q4) and an unemployment rate of 4% at end-2021—the lowest among consensus forecasts—that falls to 3.5% in 2022 and 3.2% in 2023."
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    "If because of a wealth tax ⁦@elonmusk⁩ had left PayPal with $60 million less, would #Tesla and/or #SpaceX have made it past 2008? Kaplan doesn’t think so. “Either SpaceX or Tesla would not exist."
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    JPMORGAN morning trading note: "Many clients have told us they are not worried about Omicron itself, but the reaction of governments."
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    Since 2006, South Korea's government has spent $270bn, or just over 1% of GDP a year, on babymaking incentives. Here's the dismal result:
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    Zuckerberg is way richer than me, but I'm pretty sure that if I blew out my knee, I would have the same surgery as him. This simple truth, about how technological advances diffuse through a population, escapes critics of techno-capitalism.
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    To try and cleverly pivot to "censorship" and away from the insurrection that happened just a few days ago displays utter moral confusion.