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VOICE ARCHIVE

Justin Wolfers

@justinwolfers
40 posts
2025-11-24
DOGE failed. And DOGE is dead. So I guess government can be responsive after all.
2025-11-24 View on X
Reuters

OPM Director Scott Kupor earlier this month said DOGE “doesn't exist” and OPM took over many of its functions, eight months before DOGE was set to close

Good morning.  I've been thinking a lot about how a fleet … Nicholas Ballasy / Just The News : DOGE officially dissolved, OPM says NDTV Profit : Trump's Government Efficiency Depar...

2025-08-24
August 7: Trump demands Intel fire its' CEO, Lip-Bu Tan August 11: Trump meets with Lip-Bu Tan August 22: Trump announces purchase of 10% of Intel, and that “I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company.” ¯\_(ツ)_/¯
2025-08-24 View on X
New York Times

Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity

and every American should be [video] Kelsey Piper / @kelseytuoc : @recurseparadox Congress can repeal the CHIPS act if they want to. (I think they shouldn't, but they could). But ‘...

2025-06-06
When the value of a corporation can fall $100 billion — around 400x what Elon invested in Trump's election — based on interpersonal relations between a CEO and the President, it does rather suggest that policy isn't really based on the best interests of the American people. [image]
2025-06-06 View on X
CNBC

Trump says Elon Musk “went CRAZY” and that canceling his government contracts is “the easiest way to save money”, as their One Big Beautiful bill feud escalates

Musk has gone to war with Donald Trump.  What happens next? Dan Milmo / The Guardian : Elon Musk signals he may back down in public row with Donald Trump Wired : Elon Musk's Feud W...

2025-05-17
This is how to write a crisis management post that answers none of the important questions. Trust and credibility are the most important asset any AI company has, and @xai lost a ton of it yesterday.
2025-05-17 View on X
TechCrunch

After Grok's “white genocide in South Africa” X replies, xAI says “an unauthorized modification was made to Grok response bot's prompt” at 3:15 AM PST on May 14

We are regularly updating this repository with the system prompts that we use … Markus Kasanmascheff / WinBuzzer : Grok “White Genocide” Controversy Leads xAI to Publish Internal S...

2025-05-16
This is how to write a crisis management post that answers none of the important questions. Trust and credibility are the most important asset any AI company has, and @xai lost a ton of it yesterday.
2025-05-16 View on X
TechCrunch

After Grok's “white genocide in South Africa” X replies, xAI says “an unauthorized modification was made to Grok response bot's prompt” at 3:15 AM PST on May 14

xAI blamed an “unauthorized modification” for a bug in its AI-powered Grok chatbot that caused Grok …

2025-05-13
Funny aside: At this point the US and China are still yet to agree on who called who to suggest they talk in Geneva.
2025-05-13 View on X
Financial Times

The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%

it's a mirage.  We need real trade policies that lift up our communities, not tear them down.  —  www.nytimes.com/2025/05/12/b... Lindsay Beyerstein / @beyerstein : Trump removes g...

2025-05-12
Funny aside: At this point the US and China are still yet to agree on who called who to suggest they talk in Geneva.
2025-05-12 View on X
Financial Times

The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%

Deal to reduce duties for next 90 days marks the first sign of tension easing between the two economic superpowers

2025-04-14
Ponder this: Trump thought he was punishing China by making it prohibitively expensive for American manufacturers to buy critically important inputs, and China countered by making it impossible for American manufacturers to buy critically important inputs. https://www.nytimes.com/...
2025-04-14 View on X
Nikkei Asia

Sources: Apple asked suppliers in India, Vietnam, and Thailand to ramp up production earlier in 2025; Indian factory utilization rates are already at the limit

TAIPEI — Apple is ramping up production of key products in India and Vietnam to take advantage of a 90-day grace period on U.S. tariffs …

I just want to tip my hat to the crack team of White House economists who were able to discover—in just a few short days—that the U.S. is dependent on China for smartphones, computers and semiconductors.
2025-04-14 View on X
Financial Times

US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in semiconductor tariffs likely coming in “a month or two”

www.ft.com/content/9038... @drdoofenschmirtz : Only 45 more months of this uncertainty, assuming we have elections in 2026 &.  2028.  —  Good job Wall Street!!!  You got your guy G...

Ponder this: Trump thought he was punishing China by making it prohibitively expensive for American manufacturers to buy critically important inputs, and China countered by making it impossible for American manufacturers to buy critically important inputs. https://www.nytimes.com/...
2025-04-14 View on X
New York Times

China suspends exports of a wide range of rare earth minerals and magnets that are crucial for making semiconductors, robots, drones, cars, and other products

Trump thought they were playing chess but Xi was actually playing Uno.  Reverse. Costa Samaras / @costasamaras.com : Last week, @stevenjdavis.bsky.social, @kencaldeira.com, colleag...

I just want to tip my hat to the crack team of White House economists who were able to discover—in just a few short days—that the U.S. is dependent on China for smartphones, computers and semiconductors.
2025-04-14 View on X
Nikkei Asia

Sources: Apple asked suppliers in India, Vietnam, and Thailand to ramp up production earlier in 2025; Indian factory utilization rates are already at the limit

TAIPEI — Apple is ramping up production of key products in India and Vietnam to take advantage of a 90-day grace period on U.S. tariffs …

2025-04-13
Whether you love or hate tariffs, you can't help but be impressed at the detailed policy planning, the transparency of the policy process, the credibility of Administration announcements, relentless attention to detail, flawless execution, and the thoughtful predictability that
2025-04-13 View on X
Bloomberg

The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”

President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …

Here we go. High tariffs for everyone except those who curry favor with the king. Lesson: It's more important to compete at Mar-a-Lago than in the market.
2025-04-13 View on X
Bloomberg

The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”

President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …

2025-04-12
Here we go. High tariffs for everyone except those who curry favor with the king. Lesson: It's more important to compete at Mar-a-Lago than in the market.
2025-04-12 View on X
Bloomberg

The Trump administration excludes smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs

President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …

2025-04-10
Trump calls off reciprocal tariffs for 90 days. Doubles down on tariffs with China, now with a 125% tariff. Continues to impose a 10% tariff on the rest of the world. Despite the pause, the U.S. remains the highest tariff industrialized country. [image]
2025-04-10 View on X
CNBC

President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”

- President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.

Maybe the true tariffs were the friends we made along the way.
2025-04-10 View on X
CNBC

President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”

- President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.

TRUMP CAUSES STOCKS TO SOAR* * by delaying his signature policy for 90 days. (Imagine what would happen if he ripped it up altogether.) [image]
2025-04-10 View on X
CNBC

President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”

- President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.

2025-04-03
Monstrously destructive, incoherent, ill-informed tariffs based on fabrications, imagined wrongs, discredited theories and ignorance of decades of evidence. And the real tragedy is that they will hurt working Americans more than anyone else.
2025-04-03 View on X
CNBC

Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%

Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …

Trump says these tariffs will raise roughly $6 trillion. Assuming that's over a 10-year window, that's $600 billion per year. There are 134 million households, so this is about $5,000 per household per year. And it's like a sales tax, so it's a flat tax. A huge hit to the
2025-04-03 View on X
CNBC

Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%

Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …

2024-12-09
An adorable love letter to every economist's best friend, FRED. https://www.nytimes.com/...
2024-12-09 View on X
New York Times

How FRED, a data tool the St. Louis Federal Reserve created in 1991, recently gained a major following, from <400K website users in 2009 to nearly 15M in 2023

www.nytimes.com/2024/12/06/b... Ryan Cooper / @ryanlcooper.com : FRED is the exceptionally rare government institution where America beats most of the rest of the world hands down ...