Milton Friedman (@CroFriedman) header
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Joined October 2022
Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)Photo by Milton Friedman (@CroFriedman)
Milton Friedman retweeted
>launches a military operation to free his citizens held in a foreign country >captures the leader of the country’s LARGEST GANG >something the countries police has been unable to do for decades >all in LESS THAN TWO WEEKS You can just do things
URGENT : Wilson Joseph, chef du gang 400 Mawozo en Haïti, a été capturé ce soir par les forces militaires du Salvador, à la suite d'une opération nocturne. 🇸🇻 bravo @nayibbukele 👏👏👏
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Milton Friedman retweeted
No party can solve the affordability crisis. Prices rise due to soaring government spending that exceeds the growth of tax revenue. We pay the difference with inflation. Higher prices are a tax to finance spending. Since neither party will cut spending, that tax will keep rising.
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Milton Friedman retweeted
Democrats walking into the Oval Office with their first bills. 😂
🤖 Made with AI
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Milton Friedman retweeted
Replying to @kevinnbass
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Milton Friedman retweeted
High-income workers are fleeing Europe. Economic theory tells us that the more mobile a factor of production becomes, the lower its optimal tax rate. This is why taxes on capital, which is relatively mobile, tend to be lower than taxes on labor, which historically has been less mobile. However, as the chart below shows, as elite human capital has become more footloose, high taxes have become increasingly counterproductive. This is a huge existential problem for European welfare states, which have traditionally relied on heavily taxing their most productive workers.
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Milton Friedman retweeted
When I grew up in the USSR, I was surrounded by people who were completely brainwashed. Now, when I live in the US, I’m surrounded by people who are even more brainwashed than communists I grew up with in the USSR. It’s insane.
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Milton Friedman retweeted
Tonight’s outcome isn’t about placing faith in Democrats or socialist principles; it’s about holding Republicans accountable for betraying their promises. All Republicans had to do was: 1. put Americans First 2. not start another war 3. prosecute sex traffickers
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Milton Friedman retweeted
One of the things the data analysts on our side obsessed over was "composition"—whether the electorate looked close enough to 2024 for Republicans to win. And despite polls that showed a Democrat blowout, the data kept on telling us the same story: in some states turnout was merely OK, in other states it was downright amazing, and in no state was it catastrophic. There was a genuine sense of optimism on our team: our people were showing up. So, I asked the smartest data guy I know, does that mean we're going to shock the world? "No," he told me. "We might do better than the polls suggest. But the data is telling us that a lot of Trump/Vance 2024 voters are pissed and planning to vote for the other guys. Our voters are turning out, but they may not vote for us." Well, that looks prophetic now. Our voters did show up. In Florida, for example, the electorate was 9 points more Republican than Democrat, just a couple points worse than 2024. Undoubtedly there were places we could have done better on turnout. But the main problem is not turnout. The main problem is that many people who voted for Trump/Vance in 2024 voted for Democrats in 2026. There will be a lot of infighting and arguing over what happened and why that is. One of the pollsters I really respect told me that our economic messaging wasn’t sharp enough down the stretch. I’m sure that’s true. But the real reason we lost is obvious to almost everyone. Another pollster—one of the smartest people I know in politics, told me yesterday we’d lose the generic ballot by 13 points. I felt negative going into Tuesday, but even I was shocked by this. In his polling, he saw that a lot of Trump 2024 voters were angry and planning to vote for Democrats. He asked those voters who had abandoned us what would cause them to come back on our team. The top four answers, accounting for nearly all of the responses were: 1) End the war 2) Focus on cost of living/inflation 3) Put America First 4) Change our relationship to Israel Our voters showed up. And the above four reasons are why many of them voted for Democrats. This is according to a pollster who nailed the results. While many spent Monday attacking Rachel Campos Duffy for calling for a diplomatic resolution to the conflict, it turns out her political advice was sound. (She’s also a great person.) In the next few months, there's going to be a lot of gaslighting. Expect to hear any number of establishment politicians say the solution to our woes is amnesty. I'm open to the idea that we should change enforcement—by focusing more on businesses that hire illegal labor, for instance. But anyone pushing amnesty is lying to you. The reason we lost is the war. The president himself said so last night. If you'd like to argue it was worth it, that losing the Senate for the next 6 years was worth it, then do so. Argue it was a worthwhile cost to pay. Agree or disagree, that's at least honest. But everyone knows why we lost. And any honest conversation about where we go from here must start there. I remain hopeful about our country. To the people who are pissed off and want to say, “I told you so”: you’re right, you did tell us so. Take that energy into electing Republicans who share your worldview. To the people who are just pissed at the results, you should be. Let’s take that anger and get back to the work of saving our country.
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Obećavao je da neće uvesti Ameriku u novi rat, da će uspjeti sniziti cijene i slično. Sve se obrnuto dogodilo i američki birači poslali su jasnu poruku. Rezultati su još gori od očekivanih. Gostovao sam u Studiu 4 @hrtvijesti Pogledajte: vijesti.hrt.hr/svijet/bartul…
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Milton Friedman retweeted
I tako su u Europi kivni jer ne mogu raditi deset sati tjedno manje od Amera i Kineza, ići u mirovinu s 62, imati socijalnu državu koja financira sve i sva i održati najviši osobni standard na svijetu.
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Milton Friedman retweeted
Ne postoji komunistička dosjetka u koju se prosječni HDZ-ovac nije zaljubio. 😍 Da HDZ-ovci ne idu u crkvu, imali bi preko 90% glasova na izborima.
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Milton Friedman retweeted
Ko smo se odločali za vstop v EU, si ni nihče predstavljal, da bo v kaki njeni članici in uniji nasploh mogoče brez posledic: 1. Razveljaviti predsedniške volitve (Romunija); 2. Ukiniti informativni program na nacionalni RTV (Madžarska); 3. Poslati policijo na Ustavno sodišče (Poljska); 4. Tri tedne pred volitvami poslati v zapor predsednika stranke, ki vodi v anketah (Slovenija); 5. Zasesti nacionalno RTV s policijo in zamenjati vodstvo (Poljska); 6. Prekiniti mandate vodstvu nacionalne RTV in izvesti čistko zaposlenih (Slovenija); 7. Poslati v zapor člane prejšnje vlade brez možnosti obrambe (Madžarska); 8. Podeliti skoraj milijon državljanstev ilegalnim migrantom po hitrem postopku (Španija); 9. Zapreti novo Nuklearno elektrarno in zgraditi plinovod do Rusije (Nemčija); 10. Obdavčiti ogljične energetske vire ob hkratnem zapiranju NE ter preseliti industrijo v države z nizkimi ekološkimi standardi pod pretvezo, da tako rešujemo planet. Nastala je EU, ki se mora reševati sama pred sabo.
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Milton Friedman retweeted
"You can cancel an election and ban the winner from running (Romania), you can ban your opponents from ever running again (Hungary), you can threaten to ban the main opposition party and subject it to relentless investigations by the secret police (Germany), you can threaten a ban on the leading presidential candidate and make them wear an ankle monitor (France), every member of your circle can be investigated for corruption (Spain), you can try and cancel local elections because you will lose them (Britain), and you can storm the constitutional court with riot police because you want to control it (Poland). You can just do all these things. The secret is you just have to be on the right side of the European Commission." Writer: Jacob Reynolds
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Milton Friedman retweeted
If the shameless unemployed third world immigrant with 10 children living off welfare in the West were a government. 🇫🇷 The EU already extracts more revenue fining US tech than Europe’s own tech sector pays in taxes. Now the parasitism model is being decentralized to individual member states which are inventing new ways to skim the same companies, by the gigabyte this time. No shame producing no global tech champions and settling for living off those who still do instead. If I were responsible for this irreversible decline (which they are), I’d walk into the woods and stfu forever.
BREAKING: French lawmakers vote to impose a €0.055 tax on every gigabyte of data sent by companies like Netflix, Google, and Meta.
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BREAKING: Brazil's -19.8% stock market crash on Monday was one of the rarest market events in the last two decades, according to our analysis. Brazil's EWZ ETF plunged -19.8% on October 26th, marking an 8.4 standard deviation move. For context, the ETF's average daily move over the last 20 years has been just +0.04%, with a standard deviation of 2.36%. Under a normal distribution, the probability of a decline this extreme is approximately 1 in 58 quadrillion. In other words, this event should be virtually impossible under conventional statistical models. What just happened in Brazil was *almost* impossible.
One of the most insane charts we've seen. Even as Brazilian stocks plunge -30% after their Presidential election, Brazil's volatility index is DOWN -40%. Brazil has lost -$200B of market cap today, yet "volatility" is collapsing. What is happening? Let us explain. (a thread)
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Milton Friedman retweeted
The EU never shuts up about democracy. Brazil: the election apparently got rigged, and they congratulate the socialist. Romania: EU critic wins round one, election cancelled, he's banned from rerunning. It's not about democracy, but about the right tyrant in the right place.
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Milton Friedman retweeted
There are children starving and Bernie Sanders is giving $1 million to some Muslim in Michigan? Does Bernie hate starving children? Does he hate poor people and homeless people? Think of what that money could have done!
JUST IN: Bernie Sanders personally contributes $1 million to Abdul El-Sayed's Michigan Senate campaign.
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The UK makes 1984 look tame. Totalitarian dystopia.
JUST IN: UK police arrest 15 y/o boy, seize his devices, & collect his DNA after he posted photo of a local politician edited to look like a rabbit.
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It's actually not a miracle, it's very simple. Tokyo is clean and safe because it's full of Japanese. Seoul is clean and safe because it's full of Koreans. Ask yourself what the filthiest and most dangerous cities are, and who inhabits them?
It is a rare miracle in human history that Tokyo, a massive metropolis with a population of 30 million, is clean and safe throughout, with virtually no slums or dangerous districts.
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Milton Friedman retweeted
Tobože crveni Filozofski ogradio se od komunista. Lol. 😂
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