Immigrants are key to economic growth

update 12/4

https://twitter.com/JamesFallows/status/1065995698380910593

"Immigration has an overall positive impact on the long-run economic growth in the U.S." This is such an important point to stress in the face of horrible lies about immigrants and "others" as a tactic to divide in order monopolize power and money in the hands of very few. https://t.co/H90bhP46dG

— NGV (@gomez_vel) November 17, 2018

Federal Reserve Chairman Jay Powell says that fewer immigrants and foreign workers will slow economic growth by limiting the ability of businesses to expand. So why is the Trump administration making it harder and harder for legal immigrants to apply? https://t.co/qkVyxJJ1iM

— New York Times Opinion (@nytopinion) November 15, 2018

https://twitter.com/moorehn/status/1065957246557917186

https://twitter.com/SWGiese/status/1065016210570457088

How Trumpism Actually Made Americans More Favorable Toward Immigrants https://t.co/8jztQiPRUH https://t.co/PMXBg7sdLZ

— Brendan Nyhan (@BrendanNyhan) November 23, 2018

a good point:

https://twitter.com/JeffreyGoldberg/status/1066357369326764034

Democrats represent the growing modern economy

Democrats represent the growing areas but they still do more to look out for poor people than Republicans do.

The American dream is alive and well for some Americans, but largely out of reach for others – and economists are increasingly worried about the effect of geographic disparities for the country as a whole https://t.co/oHuAyKzYhU

— POLITICO (@politico) January 1, 2019

America’s political-ec disconnect continues: A GOP Senate majority oriented to rural and “traditional” industries stands ready to block efforts to bolster the nation’s growing urban and suburban “knowledge” economy.

See piece below & @JohnJHarwood @ThePlumLineGS @RonBrownstein https://t.co/Q53Qd9EaSJ

— Mark Muro (@MarkMuro1) November 26, 2018

Wow. I knew that there was a correlation between growing regional disparities and politics, but this is getting really stark. Dem districts radically more successful than R https://t.co/ReI8ZhlalE

— Paul Krugman (@paulkrugman) November 15, 2018

“Clinton won far fewer counties than Trump — she cleaned up in the more populous counties. But Clinton counties produced almost two-thirds of the country’s new jobs and nearly three-fourths of its economic growth in recent years.” https://t.co/YHJ41GvEWB

— Brandon (@redrummage) March 7, 2018

The 1/6th of counties Clinton won did account for 2/3 of GDP in 16. Both parties need to compete everywhere but given overlap between acceptance of eco & cultural change, future D gains more likely to come in the metro places ok w/change on both fronts than in those uneasy w/both https://t.co/DeLLJPFtIc

— Ronald Brownstein (@RonBrownstein) March 13, 2018

The coalition of transformation continues to drive the forward edge of economic innovation. Similar to Clinton counties representing 2/3 of GDP in 2016, though only 1/6 of all US counties. https://t.co/KXiyYTEx9V

— Ronald Brownstein (@RonBrownstein) November 15, 2018

It’s wrong for media to describe blue metro America as the bubble. Measured by economic output, racial & religious diversity, transition to Information Age, it is more reflective of what 21st century America is becoming than the non-metro places that have drawn so much coverage. https://t.co/7aBn1ofMzL

— Ronald Brownstein (@RonBrownstein) November 19, 2018

“… the most prosperous 20 percent of U.S. Zip codes account for the entire net increase in employment over that period. Across the remaining 80 percent of the United States, fewer jobs exist now than in 2007.” https://t.co/KV3My7KoHz

— Jenna Johnson (@Jenna_DC) December 6, 2018

Trump administration goes easy on corporate wrongdoing

During the Obama years, Walmart, Barclays, and RBS complained that the admin was being unreasonable about investigations. After Trump took office, they looked to the Trump admin for a more sympathetic ear — and got one, NYT reports. https://t.co/fqirNbFaog

— Kyle Griffin (@kylegriffin1) November 3, 2018

Huge drop in enforcement of corporate wrongdoing from the final 20 months of the Obama administration to the first 20 months of the Trump presidency https://t.co/ATLnGQ1vrg pic.twitter.com/H79uhFCzBZ

— Catherine Rampell (@crampell) November 3, 2018

Wage growth is up but corporate profits are at an all-time high

Important point: Wage growth is at a 9-year high. But corporate profits are at an all-time high.

The reality is workers are still getting a small share of corporate income. We aren't seeing any signs that's changing, even in this strong economyhttps://t.co/iIPAEDvl6h #jobs pic.twitter.com/Y48sxkADJ6

— Heather Long (@byHeatherLong) November 2, 2018

earlier this week:

U.S. workers are seeing the fastest wage increases in a decade.

Today's Employment Cost Index showed wages & salaries growing at 2.9%, the best in 10 years.
Friday's jobs report is likely to show wage growth over 3% for the 1st time since April 2009.https://t.co/odMblynqUM

— Heather Long (@byHeatherLong) October 31, 2018

• Good news: Non-college grad workers getting more job offers
• Bad news: Offers don't include salary bumps
• Question: If competition for workers is rising, why aren’t wages rising…yet? @gizemkosar @NewYorkFed @andrewvandam @wonkblog https://t.co/qgBKaBkboi #futureofwork pic.twitter.com/LjOXRTO3wv

— Byron Auguste (@byron_auguste) October 17, 2018

Top 10 Fox New advertisers

Should we boycott Fox News advertisers? As a public service, here are the top 10: (via @kdrum) https://t.co/LzjpT7aqhn pic.twitter.com/Ov3Va5UqGV

— Mother Jones (@MotherJones) October 30, 2018

The liberal media monitoring group Media Matters for America, a longtime critic of Fox News, is mounting an advertiser pressure campaign against the conservative news network https://t.co/LMVRhxC58s pic.twitter.com/hxZu4BjLe0

— CNN Business (@CNNBusiness) October 30, 2018

Wisconsin’s Foxconn scam

update 11/6/18

The $3-billion Foxconn deal, meanwhile, won't make Wisconsin money for 25 years, according to the state’s Legislative Fiscal Bureau: https://t.co/Q9m0cXkVfR

— Danielle Paquette (@DPAQreport) November 6, 2018

Foxconn promised to create 13,000 "permanent" Wisconsin jobs. But the company changed the type of factory it will build, downsizing to an automated plant that will only require 3,000 employees.

Taxpayers will pay between $220,000 and +$1,000,000 per job. https://t.co/fllXF6A7UD

— Kyle Griffin (@kylegriffin1) November 5, 2018

update 11/2/18

No Wisconsin Republican seems willing to talk about Foxconn.https://t.co/pdfcwUzJbI via @CharlesPPierce

— Esquire (@esquire) November 2, 2018

The price tag (in the form of tax incentives) for Foxconn's big Wisconsin factory keeps getting steeper.
The promises for job creation keep getting fuzzier.
Interesting reporting from @TheVerge @BruceMurphyMKE https://t.co/wLIWORCSTP

— Ben Casselman (@bencasselman) October 29, 2018

White House Council of Economic Advisers is issuing political junk instead of an economic analysis

From the New York Times article linked to below:

“The document departs from the council’s long tradition of delivering sober, albeit partisan, studies on current questions confronting economic policymakers, such as the value of tax cuts or the effects of increased corporate concentration. Instead, the report seeks to tar Democrats by linking them with the failed economic policies of communist governments in China, the Soviet Union and other countries.”

More fear…. White House Council of Economic Advisers is putting out political propaganda. This isn’t serious economic analysis.https://t.co/bjuWqCbLI6

— Randi Weingarten (@rweingarten) October 23, 2018

Council of Economic Advisers Chair Kevin Hassett sells the last of his credibility. https://t.co/DhnGaS2HWa @tombuerkle pic.twitter.com/hnZsrebLj8

— ReutersBreakingviews (@Breakingviews) October 23, 2018

This Council of Economic Advisers report on socialism honestly reads like a middle school book report assigned by the Heritage Foundation pic.twitter.com/br3UsiS6VE

— Matt O'Brien (@ObsoleteDogma) October 23, 2018

The White House Council of Economic Advisers published a 72-page report criticizing what it described as the socialist ideas of leading Democratic Party politicians https://t.co/UUmsoBUOfp

— NYT Politics (@nytpolitics) October 24, 2018

I can't get over how weird this report is, and particularly for it to come from the Council of Economic Advisors.

I mean, to try to prove socialism is bad by comparing the cost of owning a Ford pick-up truck across countries? It's like an SNL sketch. https://t.co/Dyb3oHmRxh

— Ezra Klein (@ezraklein) October 23, 2018

A report from the White House Council of Economic Advisers compares Bernie Sanders to Chairman Mao, and the word “socialism” appears 144 times — on average, twice a page https://t.co/BaPU3zla3O

— The New York Times (@nytimes) October 24, 2018

This is really an amazingly dishonest document from the Council of Economic Advisers — basically saying that if you favor Medicare for All, you're Mao Zedong 1/ https://t.co/f8VdrofFm0

— Paul Krugman (@paulkrugman) October 23, 2018

The White House Council of Economic Advisers is being corrupted by an extremist ideological campaign that sees a phantom menace in the core logic of America’s most prosperous times: a strong middle class, legal protections against labor abuse & an empowered Main Street economy. https://t.co/9Iii2me6RZ

— Joseph Robertson (@poet_economist) October 24, 2018

This is a real press release from the White House:

"Today, the Council of Economic Advisers (CEA) released a report outlining the opportunity costs of socialism on the macro economy, including standards of living, and the impact on the Federal budget." https://t.co/Ms2KvGbmYM

— Kai Ryssdal (@kairyssdal) October 23, 2018

The Council of Economic Advisers’ investigation into the “opportunity costs of socialism” reads like a nervous undergraduate's term paper. https://t.co/Z1XtYSaU5E

— The Nation (@thenation) October 23, 2018

Trump lies about jobs related to Saudi arms deals and total amount of the deals

He keeps increasing the number of jobs – it started at 40,000 and it’s now 1 million. This is all made up. The total amount of the deals is a lie too.

https://t.co/mls8mOquIt pic.twitter.com/77jV5o1IQK

— Share the Facts (@sharethefact) October 22, 2018

In March, Trump said the Saudi military deals would produce 40,000 jobs.

A week ago, he made it 450,000 jobs. Wednesday, 500,000 jobs. Yesterday afternoon, 600,000 jobs.

Yesterday evening: "The million jobs." https://t.co/yLQBWeozim

— Daniel Dale (@ddale8) October 20, 2018

Trump is upping his incredible (in the literal sense) claim that the arms deal he inked with Saudi Arabia last year will deliver 500,000 new jobs. Now he's saying 600,000.
Also, only $14.5 billion of the $110 billion deal has actually begun to take effect.

— Jeremy Diamond (@JDiamond1) October 19, 2018

Photo of Trump holding a chart that says 40,000 jobs

The bottom line: From which source did Trump get these rapidly inflating statistics? I asked the White House press office. No response by deadline. https://t.co/NsBbGS7Vgt

— Jonathan Swan (@jonathanvswan) October 22, 2018

Trump's response to the Saudi crisis has been riddled with B.S. For example: What he keeps saying about the Saudis spending "$110 billion dollars" in arms deals with the US. I talked about it with @pbump on today's @ReliableSources. pic.twitter.com/WO8YopTqBB

— Brian Stelter (@brianstelter) October 21, 2018

There are only 355,000 total jobs in the US defense industry!

A journalist colleague asked for the source on this: It's 355,000 jobs-sorry for typo!-on p2 of 2017 annual report of US aerospace & defense association: "defense and national security sector generated $146.7 billion in sales and supported 355,500 jobs" https://t.co/8UYAXAYJtR …

— Indira Lakshmanan (@Indira_L) October 21, 2018

Trump initially claimed that Saudi-related deals would create 500k US jobs. I asked the WH this week to explain where he got that number. No answer.

Now tonight Trump is claiming those deals will create 1M jobs. I have not seen any evidence anywhere to back I’ll that claim.

— Abby D. Phillip (@abbydphillip) October 20, 2018

US annual exports to China, which are endangered by Trump's trade war, are more than 10X the sums involved in the imaginary Saudi arms deal 4/ pic.twitter.com/nOFm27MCZS

— Paul Krugman (@paulkrugman) October 20, 2018

Reuters does a good job asking defense firms exactly how many new jobs would come from Saudi arms deal and that's only if they actually go through w whole deal which is unlikely. You'll be surprised to know it's not as much as Trump keeps saying https://t.co/Plzk9Rsvu8

— Drogon (@drogon_dracarys) October 31, 2018

Trump lies about job growth

First 19 months of the Trump Administration: 3.58 millions jobs

Last 19 months of the Obama Administration: 3.96 million jobs

Job growth has technically slowed since Trump became President https://t.co/0xK9qzmbAK

— Dan Pfeiffer (@danpfeiffer) October 21, 2018