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“You know you’re in a 2nd world situation when you have blackouts. CA has gone the way of IL and NY; 1 party states that are mis governed so badly they are losing population.” - @MattWelch (CA native) via @KennedyNation 👓

Replay @ 11pm EST

After WWII, we ran balanced budgets for over a decade. Today we're set to borrow more than $10 trillion over a decade.

We'd need $20 trillion of deficit reduction, 6 percent annual growth, or 12 percent inflation to achieve WWII-like reductions in debt-to-GDP. https://twitter.com/paulkrugman/status/1351515972960743428

After WWII, we ran balanced budgets for over a decade. Today we're set to borrow more than $10 trillion over a decade. 

We'd need $20 trillion of deficit reduction, 6 percent annual growth, or 12 percent inflation to achieve WWII-like reductions in debt-to-GDP. https://t.co/gY07j42jl6
Paul Krugman@paulkrugman

Still getting anxious mail from people who worry about how America will pay down its debt. Folks, we don't have to pay it down. Here's what happened after WWII: 1/

We later learn that it was the Huntsman campaign, under Weaver's leadership, that orchestrated the political hit job against Mitch Daniels' wife. We were later assured by members of the Huntsman family that this was done entirely behind their backs and without their knowledge 6/x

Best CBB game of the year, with transfer-heavy #TexasTech cementing a 10-point second half comeback with a McClung jumper against #4 #Texas. Big12 is right there with the Big10, head and shoulders above the next best conference in the nation.

JUST IN: J&J’s one-dose Covid vaccine is safe and appears to generate a promising immune response in both young and elderly volunteers, according to early trial data. @megtirrell has the details. http://cnb.cx/2XF9vsS

#Michigan basketball absolutely LIGHTING UP (54-26 w/ 15 mins left) one of the best teams in the nation, #Wisconsin. Time for people to finally start talking about Juwan & Co. Returned four very good starters and have arguably the second-best freshman in the country at Center.

CBO was epically wrong about the ACA. They could not even sign the revenue effect of the tax on employers. Static revenue is zero while the rest of the Federal taxes lost revenue due to the behavioral change.

BTW, this election marks the first time *since 1896* that either party lost the presidency, Senate & House only 4 years after winning the presidency for a first term, Senate & House.

Nat’l GOP leadership failed our party epically. It starts at the very top. Rs should be furious.

𝟳𝟯% of Trump voters consider themselves “Republican-first” voters, compared to 𝟮𝟳% who are “Trump-first" voters.

Surprisingly, 𝟳𝟯% of Trump voters say they never followed him on Twitter. (Only about 20% of U.S. adults have a Twitter account.)

They did it:

Israel has now prevented the majority of all possible future Covid fatalities.

70% of the elderly in Israel are now vaccinated.

Just wonderful, a model for other nations.

New @Mark_J_Perry analysis of United Van Lines data shows (again) Americans moving from high-cost/tax/regulation states to ones w/ the opposite trends https://www.aei.org/carpe-diem/united-van-lines-top-10-inbound-vs-top-10-outbound-us-states-in-2020-how-do-they-compare-on-a-variety-of-measures/

People abhor chaos & have viewed the GOP as a source of stability for 160 years, in contrast to the liberalism, bordering radicalism, of Democrats. If voters now view the GOP as the source of “craziness,” we are basically asking to be a minority party.

Trump’s Exit | City Journal

Encouraging a mob to target his own allies and disrupt the rule of law, the president has ended his tenure disgracefully—and emboldened the Left.

www.city-journal.org

Good reporting by the great @acsifferlin on why CT is doing better than most states on vaccine distribution. https://coronavirus.medium.com/why-connecticut-is-winning-in-the-vaccination-rollout-a50dc12e5fa6

A mob overtaking Capitol Police to disturb the constitutional proceedings of a democratically-elected Congress is about the least conservative and least American thing imaginable. Shameful.

"If this election were overturned by mere allegations from the losing side, our democracy would enter a death spiral," McConnell says. "We'd never see our country accept an election again."

Compare the places with the highest move in rates (overwhelmingly Republican states) with the places with the highest move out rates (exclusively Democrat controlled). Is there a general pattern here?
h/t @michael_hendrix

Generations ago, Hartford was one of the richest cities in the US. Today, after continuous rule by ⁦@CTDems⁩, it’s bankrupt, dangerous, and impoverished. @bobforgovernor is right: CT must learn from that failure, not double down on it.

What Isn’t the Matter With Hartford?

Opinion | What Isn‘t the Matter With Hartford?

Once famous as the insurance capital of the world, Connecticut‘s capital city is falling apart.

www.wsj.com

What’s happening on the floor now? @chiproytx objected to seating Congressmen in the states where election fraud is alleged. Those congressmen alleging election fraud in their own states will now presumably vote to validate their own elections in those same states. Interesting.

Here's a doozie: it looks like Biden won all but 3 of CT's state Senate districts (33/36) – Clinton won 25.

Biden even managed close wins in retiring GOP Leader Len Fasano's SD-34 and in uncontested SD-21, home of Republican Leader-elect Kevin Kelly. #ctpol

It's a statue of the slave rising after he is freed from the chains of slavery by Lincoln. The original was fully paid for by emancipated slaves.

Here was the Frederick Douglas speech at the dedication in 1876: https://transcription.si.edu/project/12955 https://twitter.com/nypost/status/1343982274149285890

It's a statue of the slave rising after he is freed from the chains of slavery by Lincoln. The original was fully paid for by emancipated slaves. 

Here was the Frederick Douglas speech at the dedication in 1876: https://t.co/y1QzCEDOFV https://t.co/Q95hesOEPB
New York Post@nypost

Statue of slave kneeling before Lincoln is removed in Boston https://trib.al/uGTbxxG

Final national murder update of 2020:

Murder up 36.7% in 57 agencies with data through at least September (though most have data through November). Murder up in 51 of 57, 37 of 58 agencies reporting murder up more than 30%.

Spreadsheet here: https://docs.google.com/spreadsheets/d/1Z9b5mIwztAwmEHJW7Q5DHMjS14-Rs7XIXOt33Al_rDw/edit#gid=1757262194

Don't borrow billions from China to send $4k checks to childless households with $150k incomes that haven't lost a dollar of wages during COVID only to raise taxes in the future & *destroy jobs for people who need them down the line*. Target the aid. There are no free lunches.

Don't borrow billions from China to send $4k checks to childless households with $150k incomes that haven't lost a dollar of wages during COVID only to raise taxes in the future & *destroy jobs for people who need them down the line*. Target the aid. There are no free lunches.
Marc TWO MILLION SHOTS PER DAY Goldwein@MarcGoldwein

Note: @RepSchrader is correct. https://twitter.com/elwasson/status/1343667962662809604

I knew that locking everyone in their homes, shutting down small biz, & indiscriminately cutting people large gov’t checks borrowed from China & paid off w/ future middle-class tax increases is a left-wing policy fantasy, but I’m surprised many Rs are acquiescing.

Blue Dog Democrat @RepSchrader comes out against the $2,000 checks bill. "People who are making six figure incomes and who have not been impact by Covid-19 do not need checks,"

Good article on cancer statistics, including a figure showing mortality rate improvements over the last 40+ years: https://ourworldindata.org/cancer #cancer #oncology #vanquishingcancer #health

.@MJGerson: In the scriptures, Jesus is given the name Emmanuel, which is Hebrew for “God with us.” He entered the bowels of human existence for the sake of every human soul. The implications are remarkable: There are no insignificant or pointless lives.

Opinion | The defiant hope of Christmas: God is with us

That means there are no insignificant or pointless lives.

www.washingtonpost.com

"The movement of these industries is toward three states that have one thing in common—no state income tax. And these are the only three states with no income tax in the southeastern quadrant of the US" https://www.econlib.org/connect-the-dots/

🚨New working paper🚨 with Constantine Yannelis
We study “The Distributional Effects of Student Loan Forgiveness”. We find forgiveness to be a highly regressive policy. Full cancellation would distribute $192 bn to the top 20% of earners, and only $29 bn to the bottom 20%. 1/15

For unto you is born this day in the city of David a Saviour which is Christ the Lord. And suddenly there was with the angels a multitude of the heavenly host praising God, and saying, Glory to God in the highest and on earth peace good will toward men. Luke 2:11 #MerryChristmas

When you can't just "trust the science" because the scientists keep lying to you and then saying, "oh, that was just a noble lie, sorry about that."
https://www.nytimes.com/2020/12/24/health/herd-immunity-covid-coronavirus.html

Our model implies that 9th graders from the poorest neighborhoods lose 0.6 standard deviations in skills, which amounts to about half a point on the 4-point GPA scale.

Children from the richest neighborhoods experience no learning loss at all.

This is rich. The same day private sector employees in CT lose .5% of their pay to new payroll tax, State workers get a pay increase! #2021shouldbebetter #notfair #helpCTrecover

A janitor making $4/hour walked into a Fortune 500 company boardroom. Shaking, he took a seat opposite the CEO.

"So I had an idea..." he nervously began.

Years later, that idea would become an iconic consumer brand and make him worth ~$20M.

Here's how that meeting went 🧶👇

This is a real concrete error arising from social justice ideology failing to see individuals rather than groups. In general I don't think the public health community's forays into politics and ethics have gone well during all this. https://www.slowboring.com/p/vaccinate-elderly

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