Chet Collins

Just over a week until I get to drink the real thing.

The GE Empire Breaks Up - WSJ Opinion

GE’s rise and fall is fundamentally a story of American capitalism. Capital flows to businesses that create the most value for investors. But success is always precarious as business and technology change. Growth requires constant innovation, adaptation and, yes, creative destruction.

Republicans Rescue Biden’s Agenda - WSJ Opinion

Without those GOP votes, the bill would have failed and Democrats would have suffered another political defeat and more recriminations. Instead, Democratic leaders are moving ahead fast to focus on their $4 trillion entitlement spending and tax bill that is now more likely to pass.

This is a calculation I can’t understand. The two bills have been linked since day one. So even if the first bill was good for their District, surely the combination of them would be a net negative.

Six Democrats voted against the BIF, even after getting the written promise of votes from Moderates. So if the BIF failed, so would that agreement.

Good News For Dems: Biden And Harris Now Polling At 66% Approval If You Combine Their Numbers - The Babylon Bee

Experts are pointing to Biden’s stellar performance on the economy, his confident leadership, and mathematical addition as reasons why his combined approval rating with Kamala is so high.

Hard to argue with math!

5:57am, and all four of my children are awake.

Daylight Savings Time is a great idea!

Infrastructure Law Seen Having Small, Positive Impact on Growth - WSJ

Economist Mark Zandi of Moody’s Analytics estimates that by 2031, the law will have improved labor-productivity growth by 0.03 percentage point a year.

$550B in new spending well spent! This is the kind of transformative legislation America needs.

Why the Billionaires’ Tax Matters to You, Too - WSJ

This (calculating unrealized gains) so-called mark-to-market approach is used by companies, especially financial firms, in reports to investors.

Most famously by the good folks at Enron!

“The income-tax deferral on unrealized gains is unfair. It allows the wealthiest Americans to avoid tax during a time of increasing concern with inequality. Most Americans can’t take advantage of these strategies,” says Ari Glogower, a professor at Ohio State University’s law school.

That may be because over 40% Americans pay $0 in income tax.

Twitter on iOS Now Lets You Easily Search For Tweets From Specific Accounts - MacRumors

offers users a much easier way to search for tweets from a specific user. While the ability was previously possible using the standard Twitter search field

Awesome! Now I’ll be able to cancel people on the go.

Biden ‘Perfectly Comfortable’ Paying Separated Families, White House Says - WSJ

President Biden is “perfectly comfortable” with his administration paying immigrant families to resolve lawsuits

Yesterday he called the news of settlements “not true” and “garbage.”