New home of @David_Charts. Armchair economist, sci-fi fan, impressed by good data viz. Node in the vast left wing conspiracy. Facts have a liberal bias.
Blue territory.
Joined June 2025
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David Doney retweeted
A few additions to Neil's argument:
1/ The unemployment rate is ***lower than it was a year ago***. Any "AI is leading to higher aggregate unemployment" arguments need to contend with that fact.
2/ You could theoretically construct a counterfactual, but...
Faster AI adoption isn't leading to higher unemployment, per @RenMacLLC .
"If AI were costing jobs, the states where adoption rose most since November should be seeing jobless rates climb. They aren't. Across 46 states and DC, the correlation between the rise in AI use and the change in unemployment is -0.10, essentially nothing. For now, there's no sign that AI is pushing up unemployment where it's spreading fastest."
David Doney retweeted
Microsoft got $19 billion in tax breaks from Trump.
It pays a lower federal income tax rate than a teacher.
It’s spending $60 billion on stock buybacks.
Its CEO made $90 million last year.
“Corporations will create jobs if they get tax breaks” is a total scam.
David Doney retweeted
It's tempting to think the fall in the Euro is about France, but that's not the case. The Euro started its fall on Sep. 10, which is when the Saudi East-West pipeline was attacked and oil started spiking. As soon as oil prices fall, the Euro will recover.
robinjbrooks.substack.com/p/…
David Doney retweeted
I said this months ago.
Republicans have literally no policy or ideas. They are running entirely on white supremacy, anti-trans and anti-immigrant bigotry.
David Doney retweeted
The Mamdani Difference isn't that he's secretly moderate, it's that as a mayor he's accepted the responsibility of governing — setting priorities, making tradeoffs, worrying whether ideas work — while leftist members of congress can just post takes.
slowboring.com/p/those-who-w…
David Doney retweeted
Next year, 300,000+ Virginians are likely to lose their Medicaid because of Trump’s cuts.
It’s unconscionable. While Trump gets billions richer, he purposefully strips Americans of their health care. We MUST reverse these cuts.
David Doney retweeted
“My parents died years ago. I was very close to them. I still miss them terribly. I know I always will. I long to believe that their essence, their personalities, what I loved so much about them, are - really and truly - still in existence somewhere. I wouldn't ask very much, just five or ten minutes a year, say, to tell them about their grandchildren, to catch them up on the latest news, to remind them that I love them.
There's a part of me - no matter how childish it sounds - that wonders how they are. "Is everything all right?" I want to ask. The last words I found myself saying to my father, at the moment of his death, were "Take care."
Sometimes I dream that I'm talking to my parents, and suddenly - still immersed in the dreamwork - I'm seized by the overpowering realization that they didn't really die, that it's all been some kind of horrible mistake.
Why, here they are, alive and well, my father making wry jokes, my mother earnestly advising me to wear a muffler because the weather is chilly. When I wake up I go through an abbreviated process of mourning all over again. Plainly, there's something within me that's ready to believe in life after death. And it's not the least bit interested in whether there's any sober evidence for it.
So I don't guffaw at the woman who visits her husband's grave and chats him up every now and then, maybe on the anniversary of his death. It's not hard to understand. And if I have difficulties with the ontological status of who she's talking to, that's all right. That's not what this is about. This is about humans being human.”
― Carl Sagan
David Doney retweeted
When the Fed doesn't move tomorrow the US will still have among the highest real policy rates of any of the major central banks in the world--a turnaround from the past when we tended to be on the low end.
Due to a combo of our strong growth & inflationary pressures.
David Doney retweeted
The cyber tsunami isn't a future prediction. It's here already.
As I’ve said before, all code is buggy. And recent events continue to prove this, at scale The exposure we just witnessed from vulnerabilities in the PHP engine made evident the buggy truth far faster than anyone in the industry expected.
PHP powers 70% of the web. For years, deep engine vulnerabilities inside platforms like Zend were known, but widely ignored because the industry assumed they were too complex for human attackers to weaponize.
AI just flipped that assumption on its head.
By drastically lowering the cost and time required to find exploits, AI models discovered attack paths that human developers couldn't easily see or predict. Attackers are no longer just exploiting custom application code; they are cracking open the underlying platform engines that power millions of websites simultaneously.
The waves are coming ashore.
AI creates "toxic combinations" by chaining together lower-priority bugs that seem harmless on their own. A Priority 3 bug today can easily become a Priority 0 crisis tomorrow when a smarter model finds a new way to connect the dots. In short: cyber attacks have moved beyond human comprehension.
The hard truth for every CEO and Board member is that much of the legacy cybersecurity playbook was built for a human-comprehension era. Those tools and assumptions are now obsolete.
You cannot patch your way out of a tsunami.
When every piece of software is penetrable under continuous AI analysis, the strategy has to change. Prevention alone is no longer enough
The ultimate metric is cyber resilience. You must assume breach, and preemptively plan to protect your core, critical operations, and ensure that your business can get back up and running the moment the water reaches you. It is rising around us all.
David Doney retweeted
We will wish we had listened to these warnings before the massive attack that is coming. To summarize: all code has bugs, continuous attacks by thousand of AI agents guarantees that they WILL eventually find their way into any website/database/system. So we need a new way of thinking about defense.
The cyber tsunami isn't a future prediction. It's here already.
As I’ve said before, all code is buggy. And recent events continue to prove this, at scale The exposure we just witnessed from vulnerabilities in the PHP engine made evident the buggy truth far faster than anyone in the industry expected.
PHP powers 70% of the web. For years, deep engine vulnerabilities inside platforms like Zend were known, but widely ignored because the industry assumed they were too complex for human attackers to weaponize.
AI just flipped that assumption on its head.
By drastically lowering the cost and time required to find exploits, AI models discovered attack paths that human developers couldn't easily see or predict. Attackers are no longer just exploiting custom application code; they are cracking open the underlying platform engines that power millions of websites simultaneously.
The waves are coming ashore.
AI creates "toxic combinations" by chaining together lower-priority bugs that seem harmless on their own. A Priority 3 bug today can easily become a Priority 0 crisis tomorrow when a smarter model finds a new way to connect the dots. In short: cyber attacks have moved beyond human comprehension.
The hard truth for every CEO and Board member is that much of the legacy cybersecurity playbook was built for a human-comprehension era. Those tools and assumptions are now obsolete.
You cannot patch your way out of a tsunami.
When every piece of software is penetrable under continuous AI analysis, the strategy has to change. Prevention alone is no longer enough
The ultimate metric is cyber resilience. You must assume breach, and preemptively plan to protect your core, critical operations, and ensure that your business can get back up and running the moment the water reaches you. It is rising around us all.
David Doney retweeted
Deservedly scathing op-ed by the NYT:
“If Democrats retake both houses of Congress, and more state governments than they now control, it will tell the world that Mr. Trump does not represent most Americans. It will demonstrate that a country that starts to slide toward autocracy can move back to normalcy, as happened in Hungary this spring. Most important, it will create a desperately needed check on Mr. Trump during his final two years in office.
…
In a 21-month span, he has done more harm to democracy and the rule of law than any other president in the modern era and perhaps longer than that. He has broken his oath to defend the Constitution by trying to rewrite it on his own. He has refused to honor Congress’s power of the purse and misused national security laws for political ends. He has defied federal court orders on Medicaid funding, deportation orders and more. He has dismantled the Justice Department’s legacy as an impartial enforcer of federal law, turning it into an instrument of retribution against his adversaries while canceling investigations into his allies. He has appointed inept sycophants to oversee crucial government functions, including law enforcement, national defense and public health. He has sought to disenfranchise large numbers of voters, claiming fraud that cannot be found, and championed an extreme new approach to partisan gerrymandering. He has physically besmirched the White House by demolishing the East Wing and financing a garish renovation with donations from wealthy allies.”
nytimes.com/2026/10/27/opini…
David Doney retweeted
Another example of why health coverage shouldn't be tied to employment, and be gated by cost.
Medicare for All will protect Americans physically and financially.
David Doney retweeted
Closing the tax gap is impossible, and reducing it is not a free lunch, but tax code and tax administration improvements could reduce the need for other, economy-harming tax hikes on the path to reducing debt and deficits.
Link here: taxfoundation.org/blog/how-m…
David Doney retweeted
98% of the refugees admitted to the U.S. under Trump have been white South Africans.
David Doney retweeted
NYT reports that among House Majority Dems' Day One priorities next year would be to pass legislation "to end Mr. Trump’s tariffs and restore congressional power over trade policy." nytimes.com/2026/10/23/us/po…
David Doney retweeted
New from @EconoWill and I @TaxFoundation: the government loses hundreds of billions of $ to tax fraud each year.
That's a lot! The low estimate is > SNAP funding and the high is > veterans' funding.
What would it take to fix it?
(1/3)
David Doney retweeted
Top 10% had $49t when he started and $60t now. Each $1 trillion is about $76,000 per top 10% household, so they’re about $1 million richer on average.
federalreserve.gov/releases/…