Salomon Orellana

Salomon Orellana

@salomon7.bsky.social

Data scientist, political scientist, computer scientist. So, I'm a scientist! :)

100 followers176 following215 posts

Salomon Orellana reposted

Thousands of people filled the streets of downtown Minneapolis in protest of federal immigration enforcement for the second consecutive Friday. 📷️: Aaron Lavinsky

Salomon Orellana reposted

Trump: It looks like it’s about $3.1 billion Powell: I’m not aware of that. Trump: It just came out Powell: You just added in a third building Trump: It’s a building that’s being built Powell: It was built five years ago.

We'll see how this particular story unfolds, but this is precisely the kind of cheating I expect to see more frequently under Trump. And it's the kind of cheating I expect will undermine investor confidence in US stocks and the US economy. US exceptionalism is dying. electrek.co/2025/03/19/t...

electrek.coTesla (TSLA) accounting raises red flags as report shows $1.4 billion missingTesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion...

Salomon Orellana reposted

This was the end goal of crypto aligning behind Trump - the crypto economy has very few actual dollars in it and relies on finding new people to hold the bag to get their dollars. The US government is the ultimate bag holder and they’re going to use your tax dollars to bail out crypto owners.

The irony (tragedy?) of US foreign aid is that it's actually been pretty stingy, compared to most other developed countries. And now it will practically be non-existent. I see conservatives saying we should use that money at home, but the fact is that any savings will go to the rich, as tax cuts.

Why Musk and Doge won't find much to cut. The US already has a small government. It has more debt than other countries because it does not collect sufficient revenue and it gets ripped off by powerful interests (e.g. health insurance companies). open.substack.com/pub/salomono...

open.substack.comUsing Democracy to Balance the National DebtDiscussions on the national debt (recently revived by the debt ceiling crisis) tend to be relatively superficial in the US.

"The March employment report...seems certain to show bigger job losses than any month ever outside of a few in 2008-9 and 2020.... Add on to that enormous private market uncertainty — how could you hire in these conditions? — and this is going to be very, very bad." futurism.com/economist-el...

futurism.comEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"A professor economist is warning that unelected billionaire Elon Musk is likely sending the United States headlong into a huge recession.

They will reduce government revenues and increase the deficit and national debt. How long before markets begin to lose confidence in US debt and it's economy?

Jacob Bogage@jacobbogage.bsky.social

🚨NEWS: Massive layoffs are about to hit the IRS -- around 10,000 employees -- potentially in the middle of filing season. Of particular interest to the DOGE: Cutting IRS enforcement capabilities. -- with @jeffstein.bsky.social + Hannah Natanson

A thread to help me keep track of the ways Trump's policy making will hurt the economy: Mass deportations - slow growth, increase inflation. Tariffs - slow growth, increase inflation, damage relations. Removing watchdogs (e.g., CFPB, inspectors general) - increases corruption, undermines trust...

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...data; we will be flying blind and reducing trust in our economic institutions. Trump is clearly unleashing corruption - there will be many financial scams and US products will decline in quality (see the quality of Russia's military equipment).

A thread to help me keep track of the ways Trump's policy making will hurt the economy: Mass deportations - slow growth, increase inflation. Tariffs - slow growth, increase inflation, damage relations. Removing watchdogs (e.g., CFPB, inspectors general) - increases corruption, undermines trust...

...in US businesses and financial institutions, will reduce investment. Reducing federal workers - increases unemployment, slows growth, reduces government efficiency and quality of services. Hiring for loyalty over competence - reduces quality, efficiency, and especially accuracy of...

Republicans are gonna pack the courts with Aileen Cannon type judges. This will embolden Republican criminals to engage in corruption. They will know they will be protected. I expect corruption and theft on levels this country may have never seen before.

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