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New report on Social Security and Medicare is unsurprising yet still alarming. ➡️ Both programs now projected to be just 8 yrs from insolvency ➡️The programs face a $250 B shortfall this yr ➡️Retirees could see a 23% cut in benefits in 2033 #ncpol crfb.org/papers/analysi…

Today’s wisdom from Cicero: “Constant practice devoted to one subject often prevails over both ability and skill.”

Thank God we avoided privatization, though. Because then SS proceeds invested in a proper asset allocation would only be worth 5x what they were worth 20 years ago, whereas now this genius “safe” system has $6 trillion of unfunded IOU’s to its name. But yeah, Paul Ryan is who

On this date in 1780, American forces resisting the British invasion of the Carolinas won a key engagement at Ramseur’s Mill, near present-day Lincolnton, North Carolina. This was purely a battle between Patriot and Loyalist militiamen, pitting about 400 of the former against

Today’s wisdom from Cicero: “Any man can make mistakes, but only a fool persists in his error.”

This misunderstands the issue. I agree, 99% of public lands are irrelevant for housing! So it's handy the bill is explicitly targeted at th literally 0.5% or so of federal lands immediately proximate to metro areas! Adding land works for reducing prices!

Food producers are warning of $40M+ spikes in packaging costs. We need smart trade policy, not inflationary taxes on American consumers. Trump’s steel and aluminum tariffs are raising costs on canned goods—and it’s families who will pay the price.

Time for the obligatory Hood-cation game of “Age of Mythology.” Norse v Greeks v Egyptians v more Norse.

This is - invariably - the case with Marxists, MMTers, Post Keynesians, Postliberals, and Protectionists.

Today’s wisdom from Cicero: “I have always been of the opinion that infamy earned by doing what is right is not infamy at all, but glory.”

We'd be in a much better place now had Congress supported W's proposal.

In an age of blurred lines, President Reagan spoke in bold truths.

Tonight’s Summerfest program by the North Carolina Symphony: “Mozart by Moonlighr.” Delicious.