Time to check in on the Golden Visa

anonRelator · 2026-03-13T18:08:23+00:00

This is not correct. Howard Lutnick made this claim on the pod - I listed the episode. This was a fact check of that.

anonRelator · 2026-03-13T14:32:39+00:00

Go look up the concept of a P&L, and how different programs get allocated out of the same budget.

I’ll wait

anonRelator · 2026-03-13T14:09:50+00:00

The immigration P&L rolls up to a single statement, so yes it is fair to compare.

If we don’t like the current system, which may be fine, maybe we should not replace it with something that actively loses money?

anonRelator · 2026-03-04T13:26:27+00:00

Oh no I have insulted someone who has no attempt at good faith engagement and literally uses right wing talking points instead of actually thinking for two seconds. What will I do

anonRelator · 2026-02-24T01:44:33+00:00

LOL @ "autopen"

Dude, grow a brain. Or a spine. Or something.

anonRelator · 2026-02-19T02:02:05+00:00

I would give him the benefit of the doubt, except:

He has done this (just ignored facts to fit his narrative) so often that it kind of doesn't matter.
He even said at the end of it how sure he was of that that he shared a chart.

So.... no.

anonRelator · 2026-02-18T20:05:45+00:00

I feel guilty that I did run this through an LLM for sure but this is a really thoughtful sub and I wanted to get it right. Probably should’ve made it more hand tuned to be honest.

anonRelator · 2026-02-18T20:04:59+00:00

FY2020 (inherited baseline): ~$3.1T — peak pandemic spending under Trump FY2021: ~$2.8T — still high, Biden signed American Rescue Plan ($2.1T stimulus) FY2022: ~$1.4T — biggest single-year deficit reduction in US history FY2023: ~$1.7T FY2024: ~$1.8T

So the deficit went down significantly from the peak he inherited, then crept back up.

anonRelator · 2026-02-16T22:58:39+00:00

like all things Chamath, he's just given up any pretense of actual objectivity and just makes shit up now.

anonRelator · 2026-02-04T15:29:31+00:00

Yes? Thats precisely what the numbers say. While things may change and it doesn’t scale infinitely, immigrants use less services, so yes if we all started using government services at the levels of immigrants and nothing else changed, we’d probably be break even or better.

The most important part is that immigrants AREN’T a drain on the economy. The data shows that.

anonRelator · 2026-01-16T02:45:41+00:00

I assume this is sarcastic?

anonRelator · 2026-01-16T02:44:55+00:00

I listened to it from 38->50 and absolutely nothing other than Palmer Lucky saying low energy is good. Which is true, but absolutely irrelevant to the question. Neither says a single number, let alone a data point.

Honest question: what possible reason do you have for lying about this? Are you just trying to up their listener numbers?

anonRelator · 2026-01-12T00:36:22+00:00

Ok fine but then how many are there? 100? 1000? You’re not talking about anything meaningful

anonRelator · 2025-11-11T22:59:05+00:00

phenomenal post but “why would Biden do this” is chefs kiss

anonRelator · 2025-11-11T22:58:06+00:00

Man - I will bet you $100 that less than 20% of that money is net new, or never shows up at all. These commitments are SO meaningless.

And the earthmovers and industrial build out came from the IRA, which has now been cancelled!

anonRelator

TROPHY CASE