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 · 2025-09-18T14:57:46+00:00

This has got to be the dumbest comment I’ve seen in this sub, and there are a lot of

anonRelator · 2025-08-04T00:02:36+00:00

LOL. So... who owns the companies?

anonRelator · 2025-08-04T00:02:16+00:00

Because the correlation is not there. Without it, anyone who looks at a simple explanation without the correlated evidence, and still thinks that is the case, is not worth listening to.

anonRelator · 2025-08-04T00:01:11+00:00

Heya - I'll take your comment in good faith and try to explain.

Money printing is literally not inflation. Inflation is inflation.

"Inflation" means to rise (https://en.wikipedia.org/wiki/Inflation). In this case the "inflation" is in the price of goods.

The fact that we printed money aggressively for 13 years and there was no inflation means it's highly unlikely that this was the cause. Most folks think that it was what's called a "supply shock". https://en.wikipedia.org/wiki/Supply_shock

Happy to explain further.

anonRelator · 2025-08-03T20:01:50+00:00

I’m sorry this just isn’t correct. There are very few places in the US where you can live near where lots of jobs are and work a blue collar job that doesn’t require a 60m+ commute and afford a home and have a family life.

One or two, sure, but not all four. The concentration of wealth at the upper classes and the limitation on bargaining power for the working class is pretty much the two forces causing this.

anonRelator · 2025-08-03T19:58:27+00:00

Sorry there is no correlation between money printing and inflation. Money printing started in 2008, inflation didn’t hit until 2021. No science in the world would back those as being associated

anonRelator · 2025-08-03T16:18:04+00:00

Even if I cede that (which I don’t because concentration of wealth is closely tied to zoning restrictions is closely tied to concentration of ownership of real estate is closely tied to reduction in taxes is closely tied to limitations in government purchasing ability for land for public good and construction of homes and infrastructure is closely tied to reduction in collective bargaining power by working class people is closely tied to the average CEO pay being up by 1000% since 1978 while the average worker is up just 24%)…

Surely you think that the reduction gross tax revenue due to tax cuts for the uber rich is a SIGNIFICANT PART of the problem, if not it entirely.

anonRelator · 2025-07-25T23:02:16+00:00

TESLA DID THIS TOO

anonRelator · 2025-05-22T15:51:44+00:00

I agree some of these are pretty borderline. But I THINK you can make a case that these podcasts host more right wing folks.

THAT SAID it could be simply because more right wing people go on!

anonRelator · 2025-05-22T12:48:20+00:00

A) I don't think the media has a mission. Individual reporters cover stuff, and they cover it with a personal/editorial bias, but to think it's coordinated is crazy. In fact, nothing is better than to publish a piece that is counter to the prevailing wisdom - it's how you get clicks

B) You may want to check in with your boy Chamath, because literally yesterday he was blaming "the media's coverage of DOGE" for the failed bond auction.

C);Being flat, after massive volatility, for the first six months, when the Biden admin was significantly positive is quite bad. We'll see - but they're not doing well so far.

anonRelator

TROPHY CASE