22 October 2018

Headlines + Teasers + Click-Bait From Axios That GRAB Me

Posting just some of the news stories out there in the universe is a personal choice.
Here's just two - You can find more/much more > https://www.axios.com

 
 
 
Elon Musk says Boring Company's first tunnel to open in December
Photo: Joshua Lott/Getty Images
Elon Musk announced that his Boring Company's first tunnel in Los Angeles is "almost done" and will open on Dec. 10 with free rides for the public the next day in a series of Sunday tweets
Flashback: Musk first showed off the tunnel in May in a now-deleted Instagram post, promising that it would open "in a few months." The tunnel would be the first concrete success for Boring, which Musk has promised will revolutionize commuting around the world, notably inking a proposal this year to build a tunnel to link Chicago's O'Hare airport with the city's downtown.
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Trump's magic math on jobs from the Saudi arms deal
 
In a 2007 deposition, Donald Trump said his estimates of his net worth go "up and down with the markets and with attitudes and with feelings, even my own feelings..."
Why it matters: Now that he's president of the United States, Trump appears to be taking a similar feelings-based method to assessing the number of U.S. jobs gained from his arms deal with Saudi Arabia
  • On March 20, during the Crown Prince's visit, Trump claimed the Saudi purchases of U.S. weapons he arranged would generate "over 40,000 jobs in the United States."
  • Last Saturday, Oct. 13, when Trump was asked if he's considering punishing Saudi Arabia for murdering Washington Post columnist Jamal Khashoggi, Trump mentioned the same arms deal as the reason he was reluctant to stop the arms sales. That time, he said the deal created 450,000 jobs.
  • On Wednesday, Oct. 17, during a Fox Business interview, Trump inflated the statistic to 500,000 jobs.
  • On Friday, at lunchtime during a water rights memorandum signing, Trump increased the jobs number to 600,000.
  • A few hours later, on Friday evening at Luke Air Force Base in Arizona, Trump said the deal was worth 600,000 jobs for the military but "over a million jobs" in total.
The bottom line: From which source did Trump get these rapidly inflating statistics? I asked the White House press office. No response by deadline.
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Fixing Sick Cities (with Alain Bertaud) 12/23/24 | EconTalk.org

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