Trump / Musk (other than DOGE)
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“THREE DAYS AFTER the National Institutes of Health abruptly announced it would place a strict, low cap on the money it sends to universities and research institutions for the administrative costs of scientific research, the University of Iowa made an abrupt announcement of its own.
The school’s Office of the Vice President for Research declared that going forward, it would pause “the hiring of new Graduate Research Assistants unless they are already budgeted as a direct cost on a funded project.”
The announcement sent shockwaves through parts of academia, providing an alarming demonstration of the impact the NIH cap would have on aspiring scientists. “We were pretty stunned,” the chair of the biochemistry and molecular biology department at a top university told The Bulwark. …”
sringwal
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The Fed - Table: Distribution of Household Wealth in the U.S. since 1989
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
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Continued
“… In the first month of the second Trump administration, the world’s richest man—underinformed, chronically online, and staffed by a coterie of teenaged and twentysomethingformer engineering interns—has been moving at warp speed to reshape, reduce, and even dismantle the United States government.
But while Musk’s rampage has been feverishly covered, the scope of its impact remains largely underappreciated.
Experts say it can’t be measured in weeks or months or even in government services affected. Rather, it will be felt over the span of decades and defined in metrics like intellectual talent lost.
Dozens of interviews with top researchers revealed a persistent, overbearing fear that the United States is at the starting point of a massive brain drain.
The federal government has long taken an active role in funding basic scientific research, which is financially risky and expensive but critical to discoveries that yield new technologies, including treatments and cures for diseases. Young researchers hoping to find new treatments for cancer, dementia, or other diseases may find that, with government funding curtailed, they may never get the opportunity. Areas of scientific investigation will be cut off as the Trump administration discourages or outright prohibits funding for certain fields of research.
Some may find refuge in the private sector. But those opportunities will be inherently limited—companies built around making profits don’t tend to fund research with long-shot profit-making upside.
Among accomplished researchers, the fear is that this coming generation of scientists will look overseas or leave their fields entirely, endangering America’s multigenerational standard as the leader in scientific research. …”
“… In the first month of the second Trump administration, the world’s richest man—underinformed, chronically online, and staffed by a coterie of teenaged and twentysomethingformer engineering interns—has been moving at warp speed to reshape, reduce, and even dismantle the United States government.
But while Musk’s rampage has been feverishly covered, the scope of its impact remains largely underappreciated.
Experts say it can’t be measured in weeks or months or even in government services affected. Rather, it will be felt over the span of decades and defined in metrics like intellectual talent lost.
Dozens of interviews with top researchers revealed a persistent, overbearing fear that the United States is at the starting point of a massive brain drain.
The federal government has long taken an active role in funding basic scientific research, which is financially risky and expensive but critical to discoveries that yield new technologies, including treatments and cures for diseases. Young researchers hoping to find new treatments for cancer, dementia, or other diseases may find that, with government funding curtailed, they may never get the opportunity. Areas of scientific investigation will be cut off as the Trump administration discourages or outright prohibits funding for certain fields of research.
Some may find refuge in the private sector. But those opportunities will be inherently limited—companies built around making profits don’t tend to fund research with long-shot profit-making upside.
Among accomplished researchers, the fear is that this coming generation of scientists will look overseas or leave their fields entirely, endangering America’s multigenerational standard as the leader in scientific research. …”
sringwal
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Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles)
Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.
fred.stlouisfed.org
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“… Speaking to reporters at his Mar-a-Lago residence, Trump was asked by BBC News what his message was to Ukrainians who might feel betrayed.
"I hear that they're upset about not having a seat, well, they've had a seat for three years and a long time before that. This could have been settled very easily," he said.
"You should have never started it. You could have made a deal," he later added.
"I could have made a deal for Ukraine," he said.
"That would have given them almost all of the land, everything, almost all of the land - and no people would have killed, and no city would have been demolished."
After the meeting in Riyadh, Trump said he was "much more confident".
"They were very good," he said. "Russia wants to do something. They want to stop the savage barbarianism."
"I think I have the power to end this war," he added.
www.bbc.com
[a lot of “I” in those thoughts]
“…
Meanwhile, the reaction in Moscow to the change in direction of U.S. foreign policy has been more upbeat.
The U.S. president is "the first, and so far, apparently, the only Western leader who has publicly and loudly said that one of the root causes of the Ukrainian situation was the brazen path of the previous administration to draw Ukraine into NATO," Russian Foreign Minister Sergei Lavrov said in a speech to Russian lawmakers Wednesday. "No Western leader has ever said this,”
“This is already a signal that he understands our position," Lavrov added in a speech that covered the broader second Trump administration rather than the president's specific remarks Tuesday. ..”
www.nbcnews.com
"I hear that they're upset about not having a seat, well, they've had a seat for three years and a long time before that. This could have been settled very easily," he said.
"You should have never started it. You could have made a deal," he later added.
"I could have made a deal for Ukraine," he said.
"That would have given them almost all of the land, everything, almost all of the land - and no people would have killed, and no city would have been demolished."
After the meeting in Riyadh, Trump said he was "much more confident".
"They were very good," he said. "Russia wants to do something. They want to stop the savage barbarianism."
"I think I have the power to end this war," he added.
Donald Trump says Ukraine could have made a deal earlier - BBC News
The US president dismisses concerns Ukraine is not involved in peace talks and says he is confident in success.
www.bbc.com
[a lot of “I” in those thoughts]
“…
Meanwhile, the reaction in Moscow to the change in direction of U.S. foreign policy has been more upbeat.
The U.S. president is "the first, and so far, apparently, the only Western leader who has publicly and loudly said that one of the root causes of the Ukrainian situation was the brazen path of the previous administration to draw Ukraine into NATO," Russian Foreign Minister Sergei Lavrov said in a speech to Russian lawmakers Wednesday. "No Western leader has ever said this,”
“This is already a signal that he understands our position," Lavrov added in a speech that covered the broader second Trump administration rather than the president's specific remarks Tuesday. ..”
Trump says Ukraine 'should have never started it' in comments about war with Russia
Trump made the remark while deriding Ukrainian President Volodymyr Zelenskyy, whose country was invaded by Russia in February 2022.
ZenMode
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I never said there shouldn't be a minimum wage set by the government. Did you actually read what I typed and understand it in context?
This is already happening. A top scientist colleague at my school/institution announced that he is moving his lab to Amsterdam because “he didn’t want to raise his kids in this country and run his research in this funding and political climate”.
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“… Speaking to reporters at his Mar-a-Lago residence, Trump was asked by BBC News what his message was to Ukrainians who might feel betrayed.
"I hear that they're upset about not having a seat, well, they've had a seat for three years and a long time before that. This could have been settled very easily," he said.
"You should have never started it. You could have made a deal," he later added.
"I could have made a deal for Ukraine," he said.
"That would have given them almost all of the land, everything, almost all of the land - and no people would have killed, and no city would have been demolished."
After the meeting in Riyadh, Trump said he was "much more confident".
"They were very good," he said. "Russia wants to do something. They want to stop the savage barbarianism."
"I think I have the power to end this war," he added.
Donald Trump says Ukraine could have made a deal earlier - BBC News
The US president dismisses concerns Ukraine is not involved in peace talks and says he is confident in success.
[a lot of “I” in those thoughts]
“…
Meanwhile, the reaction in Moscow to the change in direction of U.S. foreign policy has been more upbeat.
The U.S. president is "the first, and so far, apparently, the only Western leader who has publicly and loudly said that one of the root causes of the Ukrainian situation was the brazen path of the previous administration to draw Ukraine into NATO," Russian Foreign Minister Sergei Lavrov said in a speech to Russian lawmakers Wednesday. "No Western leader has ever said this,”
“This is already a signal that he understands our position," Lavrov added in a speech that covered the broader second Trump administration rather than the president's specific remarks Tuesday. ..”
Trump says Ukraine 'should have never started it' in comments about war with Russia
Trump made the remark while deriding Ukrainian President Volodymyr Zelenskyy, whose country was invaded by Russia in February 2022.
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Nobody understands what point you're trying to make because you keep shifting it. What was the point of calling the increase in minimum wage "forced" and then following that up by saying that the market can set its own minimum wage if not to suggest that you don't necessarily agree with the government setting a minimum wage?
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His sig line makes your point even more stark and/or ironic. And I'm not convinced he's not some kind of pathological contrarian either, at least on political threads. Fortunately, he's not a belligerent ass and is easy enough to ignore.
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ZenMode
Legend of ZZL
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cford posted a story that had a heading:
"The middle class is seeing slower income growth than both the rich and the poor"
and I asked:
Could this (poor) be due to the forced increases in minimum wage? I'd venture that none in the middle class work for minimum wage while many poor do.
Minimum wage in AZ has close to doubled, but those already above aren't getting comparable increases.
That's it. Clear as day, IMO.
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I was listening to a podcast this morning about the Christian Nationalist Russell Vought. He, and the project 2025 team, believe that the President does have this power.
Of course he also believes that the President and the country answer to his mythical God.
With people like this in power, we're fucked.
But I guess Calla and Ramrouser will be ok when church is mandatory and tithing is taken out of your check pre tax.
1moretimeagain
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File under we must reduce the deficit or we’ll go bankrupt. Also, government handouts caused inflation.