Ernie Tedeschi
@ernietedeschi
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Personal account. Director of Economics at @The_Budget_Lab. Former Chief Economist at @WhiteHouseCEA Bluesky: @ernietedeschi.bsky.social Threads: ernietedeschi_
Silver Spring, MD
Joined April 2009
Speaking of jobs day, some professional news. Beginning March 15, I'll be joining @WhiteHouseCEA as a Senior Policy Economist. I am thrilled, humbled, & privileged to get to work with @CeciliaERouse, @hboushey46, @econjared46, @marthagimbel, and so many other brilliant people.
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RT @The_Budget_Lab: Post Next 50! Thrilled for @The_Budget_Lab's @NatashaRSarin named by @washingtonpost as part of the first-ever Post Nex…
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An extra 1 percentage point of productivity, sustained for 10 years, would be an impossibility from these tax cuts (especially since what's expiring is the less-growth-relevant individual provisions), & even that would still only lower deficits by $2.7T, just half their cost.
New from me: The emerging Republican growth argument isn't "tax cuts pay for themselves." It's "everything that's going to happen can pay for tax cuts."
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RT @business: That the White House heeded the reaction in markets and sought a face-saving way out of a tariff crisis of its own making is…
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Pardon me what
WHITE HOUSE ECONOMIC ADVISER HASSETT: TRUMP WANTS TO FIGHT INFLATION BY INCREASING LABOR SUPPLY AND LOWERING AGGREGATE DEMAND -CNBC INTERVIEW
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Meanwhile, however, a VAT is trade neutral, not advantageous. That’s because it applies to all domestic consumption, not just imports. So the presence of VATs in Europe is not a rationale for higher tariffs here.
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This is a good idea. Robert Triest at Northeastern argues that while discontinuing the penny entirely likely requires an act of Congress, the president probably has the authority to stop the minting of new pennies, which is what Trump is proposing here.
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time. Donald Trump Truth Social Post 09:27 PM EST 02/09/25
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Boy Harrison Ford 1) got grizzled, 2) must really need money.
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@kpomerleau But you correctly point out it’s sort of self-defeating to argue for one baseline but quote numbers benchmarked to a different one.
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I feel like Kendrick would have been better served with fewer songs but longer clips from each
Of course he was going to sing it but I still can’t believe he sang it.
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