| Title | Post Boost | Reach | Like | Comments | Shares | Clicks | Hide | Hideall | Cost | Topic |
| Market timing not Trump's forte. | 2022-12-19 | 11 | - | 1 | 2 | economics | ||||
| Silicon Valley Layoffs | 2022-11-18 | 8421 | - | 1 | 5 | 3025 | economics | |||
| It's getting hard to believe that inflation can be stopped | 2022-10-30 | 22 | - | 1 | 1 | economics | ||||
| Income inequality moves from Silicon Valley and Beverly | 2022-07-31 | 13 | - | economics | ||||||
| Banks used to over-leverage all the time. The | 2022-06-17 | 13 | - | 1 | economics | |||||
| Best argument for regional federalism? | 2022-06-15 | 10 | - | economics | ||||||
| There's no there there! The present value of future | 2022-06-03 | 17 | - | 1 | economics | |||||
| Crypto markets tank - | 2022-05-12 | 13 | - | 1 | economics | |||||
| Think gas prices are bad? Wait until food and | 2022-03-21 | 6 | - | 1 | economics | |||||
| If GOP were running the show, they'd remember that the | 2022-01-07 | 3 | - | economics | ||||||
| Biden tackles meat prices. | 2022-01-05 | 7 | 1 | economics |
The table above has these entries. Post entries with just one line for Reach were not boosted. Boosted posts have two lines for Reach and several other items. The upper line reflects all interactions, the bottom line just those resulting from paid ads.
========== Market timing not Trump's forte. https://cnn.com/2022/12/16/investing/donald-trump-nft-trading/index.html #PS1economics ===== comments 1 impact 2 impactrate 0 negative 0 posted 2022-12-19 ratio 3 react 3 reactrate 0 sharesrate 0 sumclicks 2 title Market timing not Trump's forte. topic economics wordrate 0 words 6 audclicks 2 commentsimpress 1 epoch Lifetime ID 1832230267121484 impress 13 matchedlinkclicks 2 pageid 534332363577954 pagename "Political scrapbook" posted "12/19/2022 17:12" rcs 1 reach 11 title "Donald Trump's NFT superhero trading cards timed the market all wrong | CNN Business" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1832230267121484 ========== Silicon Valley Layoffs If you grew up in the Rust Belt - back when it was the Arsenal of Democracy - you might remember how layoffs went, at least at unionized factories. When the economy turned down, companies conserved cash by layoffs - strictly in order of seniority, the most junior first. When the economy recovered, laid-off workers were guaranteed to be rehired - strictly in order of seniority,the most senior first. Silicon Valley and other non-unionized areas use the same term layoffs but they mean the exact opposite - seniority does not matter, and laid-off workers are almost never rehired - they might have a bad attitude. WARN Notices, statutory notices filed by employers with the state of California - https://edd.ca.gov/en/jobs_and_training/Layoff_Services_WARN almost always indicate the Layoff Permanent. For instance, at https://edd.ca.gov/siteassets/files/jobs_and_training/warn/warn_report.xlsx you can find lines like 254 Santa Clara County 08/16/2022 10/31/2022 10/18/2022 Cepheid Layoff Permanent 250 904 Caribbean Drive Sunnyvale CA 94089 270 San Diego County 10/31/2022 11/01/2022 01/14/2023 Legoland California, LLC Layoff Permanent 558 One Legoland Drive Carlsbad CA 92008 306 San Francisco County 11/04/2022 11/07/2022 01/04/2023 Twitter, Inc. Layoff Permanent 784 1355 Market St San Francisco CA 94103 307 Santa Clara County 11/04/2022 11/07/2022 01/04/2023 Twitter, Inc. Layoff Permanent 106 3055 Olin Ave., Floor 3 San Jose CA 95128 322 San Francisco County 11/02/2022 11/08/2022 01/02/2023 Chime Financial Inc. Layoff Permanent 152 101 California Street San Francisco CA 94111 337 San Francisco County 11/03/2022 11/09/2022 11/11/2022 Lyft, Inc. Layoff Permanent 227 185 Berry St #5000 San Francisco CA 94107 365 San Francisco County 11/11/2022 11/16/2022 01/13/2023 Meta Platforms, Inc. Layoff Permanent 362 250 Howard St. San Francisco CA 94105 https://www.mercurynews.com/2022/11/17/tech-layoffs-san-jose-streaming-giant-roku-plans-to-cut-hundreds-of-jobs/ https://www.mercurynews.com/2022/11/17/cisco-job-tech-4100-layoff-san-jose-real-estate-meta-amazon-twitter/ https://www.vox.com/recode/2022/11/17/23463164/silicon-valley-layoffs-tech-boom-over https://www.mercurynews.com/2022/11/15/amazon-bay-area-job-cut-silicon-valley-sunnyvale-tech-layoff-economy/ https://www.siliconvalley.com/2022/11/15/job-cut-tech-biotech-new-layoff-bay-area-fremont-san-carlos-seagate/ https://www.siliconvalley.com/2022/11/14/billionaires-gone-wild-musk-zuckerberg-slash-jobs-roll-dice-with-future-of-bay-area-tech-icons/ It's easier to fire 1000 employees than to fire 1, especially in an actual economic downturn, or when other companies are doing the same thing. So instead of laying off by seniority, these layoffs are mass firings - a convenient way of getting rid of everybody that management doesn't want any more, without much risk of unlawful termination suits, which are expensive to settle or defend whether justified or not. Prior to the layoff, managers are asked for lists of underperfomers and those are combined to establish the layoff list. Occasionally a company doing well will announce a company-wide or site-wide layoff for any number of airy reasons like right-sizing or re-balance or re-focus, but most likely - it's just a mass firing. Sometimes the layoffs will be spaced out so that none is large enough to require a WARN notice - 50 jobs in 30 days. https://workplacerightslaw.com/library/faq/what-is-the-california-warn-act/ All those people who complained about inflation should be happy, as well as all-cash real estate buyers - https://www.mercurynews.com/2022/11/18/now-tech-layoffs-are-slowing-bay-area-housing-market-as-prices-fall-even-more/ == More about political scrapbook - https://www.political-scrapbook.net/about.html #PS1economics https://www.firstpost.com/world/its-the-season-of-layoffs-in-silicon-valley-45000-employees-gone-and-its-not-over-yet-11595071.html ===== comments 1 impact 134273 impactrate 9 negative 0 posted 2022-11-18 ratio 2 react 3031 reactrate 0 shares 5 sharesrate 0 sumclicks 3025 title Silicon Valley Layoffs topic economics wordrate 0 words 443 audclicks 3025 commentsimpress 1 epoch Lifetime ID 1806953216315856 impress 14335 matchedlinkclicks 1352 matchedotherclicks 1673 pageid 534332363577954 pagename "Political scrapbook" posted "11/18/2022 14:11" rcs 21 reach 8421 reactions 15 sharesimpress 5 title "It's the season of layoffs in Silicon Valley: 45,000 employees gone and it's not over yet" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1806953216315856 ========== It's getting hard to believe that inflation can be stopped without a recession. People have to be too poor to bid up prices, and unemployment has to be too high for employees to bid up wages. https://www.nytimes.com/2022/10/28/business/fedeal-reserve-inflation-wages.html It doesn't matter who's in Congress and the White House, since the inflation is and the recession will be global. Many import-dependent countries are already in recession. #PS1economics ===== comments 1 impact 13 impactrate 0 negative 0 posted 2022-10-30 ratio 11 react 2 reactrate 0 shares 1 sharesrate 0 title It's getting hard to believe that inflation can be stopped topic economics wordrate 0 words 64 commentsimpress 1 epoch Lifetime ID 1792145167796661 impress 23 pageid 534332363577954 pagename "Political scrapbook" posted "10/30/2022 19:10" rcs 2 reach 22 sharesimpress 1 title "Inflation and Wages Continue to Climb Rapidly, in Bad News for the Fed" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1792145167796661 ========== Income inequality moves from Silicon Valley and Beverly Hills to Sun Valley. So much for lower living costs in Idaho! https://www.nytimes.com/2022/07/31/us/sun-valley-workforce-housing.html People who can't afford to live near the rich should just move away to places where they can afford to live on what they earn. Let the idle rich clean their own toilets and do their own landscaping. It will be educational for them. #PS1economics ===== impact 0 impactrate 0 negative 0 posted 2022-07-31 reactrate 0 sharesrate 0 title Income inequality moves from Silicon Valley and Beverly topic economics wordrate 0 words 65 epoch Lifetime ID 1721318604879318 impress 14 pageid 534332363577954 pagename "Political scrapbook" posted "07/31/2022 20:07" reach 13 title "A Town’s Housing Crisis Exposes a ‘House of Cards’" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1721318604879318 ========== Banks used to over-leverage all the time. The Glass-Steagall Act kept a lid on them from 1933 to 1999. https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation But the wild west lives again - until it doesn't. https://www.nytimes.com/2022/06/17/technology/tether-stablecoin-cryptocurrency.html Ultimately, it will be about being over-leveraged to get higher returns. Every tech investor expects to be an instant billionaire! So even stablecoins can't really redeem all their coins overnight because they don't keep their assets in cash available overnight - because as every saver knows, the rate of return won't make anybody a billionaire. It'll hardly pay to keep the computers running to keep track of it all. So they invest in other things that are less liquid, higher risk, and higher yield. When savings and loans did that under Reagan in the 1980's, many failed and their depositors were bailed out - by taxpayers of course. Even worse when regular banks did the same under Bush in the 2000's. The difference with crypto is that there is no federal deposit insurance. The taxpayers will not bail out the speculators. Good news for taxpayers, bad news for speculators. Why would everybody want to bail out of crypto overnight? Mass psychology in a down market - margin calls in one kind of investment lead to panic selling in other kinds. You never want to be the last person in line at a bank run. #PS1economics ===== impact 22 impactrate 0 negative 0 posted 2022-06-17 ratio 13 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Banks used to over-leverage all the time. The topic economics wordrate 0 words 224 audclicks 1 epoch Lifetime ID 1688784804799365 impress 15 matchedotherclicks 1 pageid 534332363577954 pagename "Political scrapbook" posted "06/17/2022 10:06" reach 13 title "The Coin That Could Wreck Crypto" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1688784804799365 ========== Best argument for regional federalism? https://www.political-scrapbook.net/2020-regional.html Most swing voters vote their pocketbooks. They reject the guys in charge without understanding whether the other guys could do any better, and also without understanding what OTHER things the other guys would do. https://www.washingtonpost.com/opinions/2022/06/15/inflation-anger-could-sweep-election-deniers-midterm-victory/ Economics is complicated because, like politics, it's a large part mass psychology and a small part rational logical inquiry. Cause and effect is easy to claim and hard to prove. #PS1economics ===== impact 0 impactrate 0 negative 0 posted 2022-06-15 reactrate 0 sharesrate 0 title Best argument for regional federalism? topic economics wordrate 0 words 70 epoch Lifetime ID 1687648944912951 impress 12 pageid 534332363577954 pagename "Political scrapbook" posted "06/15/2022 21:06" rcs 1 reach 10 reactions 1 title "Opinion | Inflation could put election deniers in charge of our democracy" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1687648944912951 ========== There's no there there! The present value of future crypto dividends is... zero. The only hope for profit is to find a bigger fool than you who will pay more than you paid. As always, there are way more losers than winners. https://www.washingtonpost.com/business/2022/06/03/crypto-scams-ftc/ https://www.washingtonpost.com/business/2022/06/03/crypto-skeptics-growing/ #PS1economics ===== impact 4 impactrate 0 negative 0 posted 2022-06-03 ratio 17 react 1 reactrate 0 sharesrate 0 sumclicks 1 title There's no there there! The present value of future topic economics wordrate 0 words 43 audclicks 1 epoch Lifetime ID 1679191352425377 impress 17 matchedlinkclicks 1 pageid 534332363577954 pagename "Political scrapbook" posted "06/03/2022 15:06" reach 17 title "The crypto-skeptics’ voices are getting louder" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1679191352425377 ========== Crypto markets tank - https://www.cnn.com/2022/05/12/investing/luna-terra-stablecoin-explained/index.html Even as crypto CEO's and investors spread cash far and wide in DC. https://apnews.com/article/cryptocurrency-technology-congress-b93f1f2dc4971a16af8133e24ebd9bb5 So far crypto is mainly useful for criminals and scammers. Algorithmic stablecoins are definitely not the answer. Other stablecoins aren't either - the only way to get internet kinds of return running a stablecoin operastion is by keeping deposits in risky investments. But there's no difference between a real bank run and a crypto bank run. #PS1economics ===== impact 7 impactrate 0 negative 0 posted 2022-05-12 ratio 13 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Crypto markets tank - topic economics wordrate 0 words 74 audclicks 1 epoch Lifetime ID 1662969827380863 impress 14 matchedlinkclicks 1 pageid 534332363577954 pagename "Political scrapbook" posted "05/12/2022 16:05" reach 13 title "Crypto comes to Washington. Will the millions buy influence?" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1662969827380863 ========== Think gas prices are bad? Wait until food and fertilizer shortages sink in. https://apnews.com/article/russia-ukraine-business-canada-lifestyle-middle-east-1c8918d4734f0974eefe09121d2090ed No quick fix - increasing global drought due to climate change, rising prices for fuel and fertilizer, yet no guarantee that today's high prices will last long enough to justify changes in farming. Farmers are a conservative bunch. The population carrying capacity of the earth depends on global trade and stable global climate. Both are victims of war - big countries want to protect themselves by making sure all critical raw materials and manufacturing are done domestically. That means changing sources from the low-cost producer to the low-risk producer. And better to burn your own dirty coal than import fuel from unstable global markets. Burning coal contributes to climate change and drought. https://economictimes.indiatimes.com/news/international/world-news/ukraine-war-threatens-to-cause-a-global-food-crisis/articleshow/90349465.cms #PS1economics ===== impact 13 impactrate 0 negative 0 posted 2022-03-21 ratio 6 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Think gas prices are bad? Wait until food and topic economics wordrate 0 words 126 audclicks 1 epoch Lifetime ID 1625455817798931 impress 8 matchedlinkclicks 1 pageid 534332363577954 pagename "Political scrapbook" posted "03/21/2022 19:03" reach 6 title "Ukraine war threatens to cause a global food crisis" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1625455817798931 ========== If GOP were running the show, they'd remember that the free market will solve all economy problems - eventually. But as long as they're out of power, they're free to criticize the Democrats for not solving problems quickly. https://apnews.com/article/coronavirus-pandemic-joe-biden-business-health-elections-7b9a7d40c53f94504f2bcec7e22d7cb0 When GOP returns to power, it can return to its traditional stance of expediting relief to those who deserve it (because they are major donors) rather than those who need it, who are too poor to donate. Socialism for the rich, free enterprise for the poor - it was ever thus. #PS1economics ===== impact 0 impactrate 0 negative 0 posted 2022-01-07 reactrate 0 sharesrate 0 title If GOP were running the show, they'd remember that the topic economics wordrate 0 words 90 epoch Lifetime ID 1575793969431783 impress 3 pageid 534332363577954 pagename "Political scrapbook" posted "01/07/2022 12:01" reach 3 title "Biden's economic challenge: Finding workers and goods | AP News" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1575793969431783 ========== Biden tackles meat prices. https://apnews.com/article/joe-biden-lifestyle-business-prices-inflation-78335dba9802d7eb727744301d4489df Standard out-of-power GOP response is to let the free market solve the problem. Free markets won't solve the problems of unfree markets due to market concentration - which is inherently harmful even if no laws are broken. And when it can work, the free market is too slow in an election year - as Trump demonstrated repeatedly, holding photo-ops promising to help struggling industries and then doing nothing. The photo-op was the solution to his problem. Biden can't really make much progress against economic concentration without help from Congress - which GOP has vowed to withhold, especially in an election year in which their success depends on the economy being in as bad a shape as possible. #PS1economics ===== impact 12 impactrate 0 likeimpress 1 negative 0 posted 2022-01-05 ratio 7 react 1 reactrate 0 sharesrate 0 title Biden tackles meat prices. topic economics wordrate 0 words 122 engaged 1 epoch Lifetime ID 1574403442904169 impress 8 likeimpress 1 pageid 534332363577954 pagename "Political scrapbook" posted "01/05/2022 09:01" reach 7 title "Biden: More competition in meat industry can ease food costs | AP News" type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1574403442904169