Liberal minority survives first of three confidence votes (youtube.com)
Where Trump has fallen most in recent polling (lots of polling recently) is the areas he was elected on, ie he was strongest on. Economy, looking out for the middle class, and inflation. Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option (youtube.com)
Youth unemployment is spiking because as companies cut, they don't want to hire and train young people. Training an AI is easier.
NY would have the highest tax rate in the country under Mamdami's presents.
‘If one has no stake in the capitalist system, then one may well turn against it.’ Thiel years ago blogged this. Because of debt and housing prices, people will have negative capital and find it hard to start accumulating capital.
Sacks countered this, saying that the reason people are in debt is they do college degrees on Art History and things that are never going to pay, then they have student loans they will ‘never be able to pay’ and thus will be bound to adopt socialist policies to not pay their loans and maybe pay them for doing non valuable tasks. The millenials are just unemployable, he said.
NY is 80/20 Democrat anyway, so the victory was a narrow one, Sacks said. Blue cities getting bluer. Democrat becomming more radical, genuine socialist revolutionaries, and usually US politics is not radical, it's two fairly moderate parties. If the Trump and Republican side doesn't deliver on policies, these radical Democrats might take power in 3 years. Jcal's chart showed that people born in NY only 38% voted Mamdami, and the less time voters lived in NY the more likely, less than 5 years in NY 85% voted Mamdani. Centrist Democrats are losing to the more Socialist ones in NY. Also, Cuomi was ‘the worst candidate,’ ‘not a fresh candidate’, he had been #metoo ed.
‘SF ran this experiment.’ ‘An interesting A B test for America.’