Constance L Hunter
@ConstanceHunter
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Macroeconomist|Triangulating Data|@nberpubs Board|Data Junkie|Policy Wonk|my own views| #Econ101 #SecretLivesOfEconomists
Wellington, FL
Joined November 2011
Lower aggregate demand. As in lower growth and more supply. Like what country….🤔 Oh yes, we are becoming communist China! 🇨🇳 I have no words.
Trump economics adviser Kevin Hassett: "We want increased supply and lower aggregate demand ... that 100 percent is what the strategy is"
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And I would add, what also needs to balance is the financial account. The U.S. has a huge financial account surplus.
One of the least useful statistics around (even if it is getting a lot of attention now). Trade doesn't balance bilaterally. It balances globally. And China's overall surplus only balances thanks to the US deficit
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Yes!!!
One of the least useful statistics around (even if it is getting a lot of attention now). Trade doesn't balance bilaterally. It balances globally. And China's overall surplus only balances thanks to the US deficit
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@biancoresearch If you’re an eagles fan it was a pretty exciting game, at least the first half.
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@ernietedeschi Why would any president want to reduce aggregate demand. Surely that cannot be correct!
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.@garrytan yes! There was great paper about this. The microwave is another great example. Love these types of stories!
Fascinating case of innovation by accident. Happens more frequently than you would expect.
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@garrytan Yes! This happens a great deal of the time. It is one of the reasons why productivity growth is lumpy and difficult to predict.
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Ha! I want @amazon to release the numbers on how many people ordered Inner Excellence tonight. #SuperBowl
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@ernietedeschi Remember the feet washing ads last year? I was wondering what they would do this year, evidently it’s this. @HeGetsUs is the source.
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As a Philly fan, this game is just a joy. #GoBirds This week I will publish my annual piece on what the commercials say about the zeitgeist. Hours of focus groups go into these ads, some are duds and some are great, none are random. #SuperBowl
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Best commercial so far. #SuperBowlLIX
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@mattyglesias The stops are not really longer. You plug in, use the facilities, grab a beverage or snack and by the time you do that you are probably at 80% battery. If you have to walk the dog you are at 💯. It’s not like waiting in line for gas and having to be with your car.
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@binarybits @mattyglesias Not to mention about 90% of the energy goes directly to the wheels in an EV vs about 20% for a gas powered vehicle. It’s cheaper to run. Has fewer moving parts so it lasts longer. EVs are a better driving experience. The carbon footprint is a side benefit at this point.
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@ojblanchard1 Saving lives and also engendering positive feeling and thoughts about the United States. A very important task as we compete with other countries and non-state actors for the hearts and minds of the world.
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I am in such envy of people who do not make or catch all of their typos!
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