Luke Downing retweeted
This is why voters -- Democrats and Republicans -- want populist policies. Corporate profits up and corporate taxes down while working people's wages down while their costs are up. 76% of voters in our May @WSJ poll said "the economic and political systems in this country are stacked against people like me." And in our most recent @WSJ poll we tested 30 policies and voters of all parties support at high levels many populist ideas. See those results on populist policies here: wsj.com/politics/policy/amer…
Corporate profits and tax revenues grew together until the Trump tax cuts. Now corporate profits are at an all-time high while tax receipts are at their lowest since 2021.
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Luke Downing retweeted
Tracking how many people live on less than $3, $10, or $30 a day. The World Bank’s Poverty and Inequality Platform (PIP) is the official source used to track the UN’s goal of ending extreme poverty, defined as living on less than $3 a day. This data comes from household surveys in which people are asked about their income or what they spend. The World Bank has more than 2,500 of these datasets from 172 economies. About one in ten people worldwide live on less than $3 a day. It’s a very low line, which is why the chart shown here also splits each world region into people living on $3 to $10, $10 to $30, and more than $30 a day. In sub-Saharan Africa, the World Bank estimates that 43% of people are in extreme poverty this year. In South Asia, fewer than 2% are, but more than 80% live on $3 to $10 a day. Around 80% of the world lives on less than $30 a day, roughly the poverty line in high-income countries. We recently updated our charts with the latest PIP release, which adds four new surveys for India, Uganda, Moldova, and Switzerland. The update covers dozens of our charts, as well as two data explorers. (This data update was led by @parriagadap.)
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Absolutely absurd.
Are y’all ready for this one? WOKE ON WOKE CANCELLING: A white performing arts executive director in Baltimore, Maryland, is out of a job for the offense of adorning cornrows.
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Luke Downing retweeted
Replying to @TerribleMaps
This is the most texas thing ever.
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Luke Downing retweeted
Want more evidence that @Tesla FSD is going mainstream? Here’s Kelly from The Car Mom - who reviews family vehicles and tests how well car seats fit in them - driving the new Model Y L. "I'm on FSD. This is the most unbelievable technology I have ever experienced in a car. This is absolutely next-level. It is crazy. I'm going to Target. It is going to pull me into the Target parking lot. I really trust the car. I've taken it through stop lights, intersections, I mean it pulled out of my driveway. It's amazing." When you have people like this starting to praise FSD, you're reaching an audience that just isn't that knowledge about this tech. Looking forward to Tesla's Q3 earnings report on Oct 21 to hear the latest FSD adoption rates/info. On the Q2 earnings call, Tesla said that they achieved record FSD attach rates in North America, with over 55% of new deliveries including FSD subscriptions. Kelly's not on 𝕏, but you can check out her other Model Y L content here (including how well car seats fit in the Y L): youtube.com/@TheCarMom/short…
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Luke Downing retweeted
Nebraska coach Matt Rhule makes surprise 'Lanterns' cameo in season finale trib.al/ZKrhU9N
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Luke Downing retweeted
So if you don’t see that officiating crew back on the field in a key Big Ten game this year, this is the official stance on their documented inadequacy.
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Luke Downing retweeted
Matt Rhule talked about this situation today: "I asked the offical... 'did he make it?' He said 'yeah, he made it.' So I said 'okay, I'll take it on the kickoff.'" The Big Ten says because the kick was missed, the penalty should've resulted in an automatic retry.
A statement from the Big Ten on the Maryland-Nebraska Football game.
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Luke Downing retweeted
“LA’s ‘mansion tax,’ sold to Angelenos as a way to tax the rich and boost housing, has instead blocked the building of 9,100 homes, wiped out 16,650 full-time construction jobs and cost $452 million in revenue.”
LA's 'mansion tax' backfires spectacularly as thousands of homes and jobs vanish trib.al/hOiRkAr
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Luke Downing retweeted
Is AI impervious to higher rates? VC funding is one channel that monpol could impact datacenter construction. Last hike cycle, VC funding fell by 66% Startups are disproportionate users of AI (i.e. clients of Anth/OAI). In a similar scenario, ~25% of lab ARR could be at risk.
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Luke Downing retweeted
A statement from the Big Ten on the Maryland-Nebraska Football game.
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Luke Downing retweeted
Honda announced today it ​has developed technology that ‌can wirelessly charge EVs, including large trucks, while being driven, ​and plans to test the ​technology on a Japanese highway. Honda says each ground unit combines an inverter and a coil in a single package. The company calls it the world’s first such unit publicly disclosed as of the end of September 2026, based on its own research. "The DC design cuts wiring inside the road, which means fewer components and less installation work. The units are built to drop into milled slots in existing pavement, so roads can be upgraded during routine resurfacing." Durability and performance trials start on a new test road in late 2026, with public-road demonstrations planned starting in April 2027. They plan to validate output of up to 150 kW for large commercial vehicles.
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Luke Downing retweeted
Food carts across New York City run on loud, dirty generators powered by fossil fuels — but a new pilot program from Brooklyn-based startup PopWheels is helping them swap them for clean, quiet, rechargeable batteries.
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Luke Downing retweeted
An enormous week for Nebraska football kicks off with Matt Rhule making a cameo, and having dialogue in the season finale of Lanterns on HBO. Just when I thought I’d seen it all.
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Luke Downing retweeted
well done
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Luke Downing retweeted
Hail Mary lateral for the win 😱
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Luke Downing retweeted
Ryan Field is ELECTRIC as they introduce Northwestern for the first time ‼️
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