
I write about business and economics for @nytopinion. If you like these tweets, try my book, The Economists' Hour: https://xitter.cf/t.co/cAfN0pLSLx
Washington, DC
Joined November 2009
- Tweets23.9K
- Following1.1K
- Followers90.3K
- Likes3.5K
Binyamin Appelbaum retweeted
I know many of you will roll your eyes at this, but that's OK; I wouldn't be in this field if I was afraid of being dunked on every now and then.
When I first came to The Washington Post in 2017, I was extremely wary it would be too establishment for me. Too corporate. Too deferential to power.
What I have instead found over the last seven years is that the paper has consistently given me a unique, awesome platform to fulfill the highest calling of journalism -- to comfort the afflicted, and to afflict the comfortable.
The Post has spared no resource in allowing me to pursue this mission. It flew me to Puerto Rico to interview hurricane victims cut off from federal food stamp aid. To Maine to cover the long-term care crisis facing the nation's elderly. To Kentucky to document the closure of a steel plant. To Las Vegas to cover the housing crisis. To Wisconsin for farmers caught in the crosshairs of a trade war. To Detroit for a story on the nation's unraveling safety net. To the Bronx to chronicle appalling public housing conditions. (OK, I took the train there.) To Ukraine to cover a war. To Indonesia for meetings of the world's most powerful financial leaders.
Since the beginning of the year, the Post has devoted thousands of manpower hours to a series -- six parts published thus far -- on the unintended consequences of U.S. sanctions. This effort included paying me and a team to travel to northeast Guatemala to chronicle an economic calamity almost 2,000 miles away from my desk, in one of the poorest parts of the world. At least 20 people have worked on this series alone. The Post did not greenlight this series because it thought there would be huge pageviews in U.S. sanctions policy; it did so because it's important for the public to understand how the surging use of the tool is affecting the world and the nation's foreign policy. It did so because the story matters.
I fully understand the misgivings people have expressed about billionaire control over our journalism. (I published a story today -- pitched by an editor, put by editors on today's front page -- about billionaires threatened by Trump who are now hedging their bets.) But these are stories that require more than just substantial resources; they require a devotion to journalism that seeks to document how machinations in Washington affect the lives outside it.
I could try a Substack where I spout off whatever happens to be in my head that day. I could work for a publication that only caters to lobbyists and elite insiders. But there are precious few publications still doing the coverage -- however incomplete; however still in need of improvement -- aimed at serving the broader public at large. I believe The Washington Post is one of them.
I am not here to tell anyone what to do. We are imperfect. My work can suffer from negativity bias, recency bias, imperfect data, faulty assumptions, motivated sources. I get things wrong. My journalism can be flawed and you should yell at me on twitter when it is. I want to be more transparent about the decisions I make and the stories I publish.
But I promise you: I and many, many other journalists throughout this newsroom would quit The Washington Post if we ever felt our work was not in service of the public at large. That is the point of the job. That is why I hope we get to do it for as long as possible.
Binyamin Appelbaum retweeted
About 1 month before the election, I interview @BCAppelbaum @greg_ip @HorsleyScott & @byHeatherLong for @EconoFactOrg Chats on Candidates views on #FederalReserve , #Immigrationpolicy #Tariffs #SupplyChain & more econofact.org/podcast/the-ne…
Binyamin Appelbaum retweeted
Some misinformation in today's US presidential debate about who bears the cost of tariffs. So let's talk about how tariffs affect what you pay for a suit. 🧵
Binyamin Appelbaum retweeted
1. I’ve spent the past several years trying to solve a riddle: Why has America ceased to be a land of opportunity for so many of its people? The answer, I’ve come to believe, is that we’re STUCK: penguinrandomhouse.com/books…
Binyamin Appelbaum retweeted
This is who benefits, courtesy of @iteptweets
Binyamin Appelbaum retweeted
NEW: THE STAGGERING RISE OF AMERICA'S GLOBAL ECONOMIC WARFARE
1st in a series
@federicacocco & I found:
1. ~1/3 of all nations on Earth now face some form of US sanctions. Huge increase from when mostly applied to Cuba & a handful of regimes
2. +*60%* of *all poor countries* are under US sanctions of some kind. Has become almost a reflex of US foreign policy
3. Sanctions have spawned multi-billion-dollar lobbying & influence industry, enriching former US officials who are hired by foreign countries & oligarchs
4. Sanctions have had devastating effects on innocent civilians. In Cuba, they've made critical medical supplies impossible to import. In Venezuela, they contributed to a financial collapse 3X greater than the US Great Depression. Syria faces its greatest humanitarian crisis this year after a decade civil war & sanctions.
5. Treasury staffers drafted a ~40 page plan aimed at reforming the sanctions process that was dramatically whittled down amid disagreements w/ State
6. OFAC is widely described as overwhelmed by tens of thousands of requests. WH officials have brainstormed sanctions scenarios w/ outside nonprofits
7. Biden has unleashed unprecedented volley of +6K sanctions in 2 years. Higher than even previously unprecedented rate of Trump.
“We don’t think about the collateral damage of sanctions the same way we think about the collateral damage of war ... But we should.”
More to come.
Read our first story here:
washingtonpost.com/business/…
Binyamin Appelbaum retweeted
Thrilled that over one million New Jerseyans will now be able to file their federal & state taxes through @IRSnews Direct File – for free!
Thanks to @USTreasury, we are proud to offer another option for taxpayers to simplify the filing process and reduce stress during tax season.
Binyamin Appelbaum retweeted
There's a lot going on right now but FYI Republicans are still trying to gut the IRS's free tax filing service and force taxpayers to line the pockets of for-profit accounting companies.
Republicans are again trying to kill the IRS's new free Direct File program, which allows taxpayers to file on the IRS site for free. IRS had a limited pilot this year for very simple returns, and plans an expansion next year. news.bloombergtax.com/daily-…
Binyamin Appelbaum retweeted
Exactly how many presidencies based primarily on spite arising from a personal insult by Barack Obama are we going to have, exactly?
Binyamin Appelbaum retweeted
That much cocaine, that's not a banana shipment anymore.
Six tonnes of cocaine found in banana shipment bbc.in/3W8D5EG
Binyamin Appelbaum retweeted
JD Vance has officially become the first candidate with facial hair on a major party national ticket since Thomas Dewey
Binyamin Appelbaum retweeted
Sen. Peter Welch is calling on Biden to withdraw from the presidential race in a new WaPo op-ed.
“We cannot unsee President Biden’s disastrous debate performance. We cannot ignore or dismiss the valid questions raised since that night.”
Binyamin Appelbaum retweeted
In our latest @EconoFactOrg podcast I talk with @BCAppelbaum @greg_ip @byHeatherLong & @HorsleyScott about the performance and the perceptions of the US #economy and what this might mean for #Elections2024
econofact.org/podcast/the-u-…
Binyamin Appelbaum retweeted
The Direct File site is open to the public for the first time right now. If you want to start your tax return: directfile.irs.gov
It won't stay open long, but it will eventually be back for good: washingtonpost.com/business/…
If you plan to try it, I want to hear what you think!
Binyamin Appelbaum retweeted
In @nytopinion
In most of the world, tax filling is free and painless — but in the U.S., it’s a multi-billion dollar industry. Why is that? Meet the company that profits from your tax season misery, in this video by @johnnywharris and @BCAppelbaum. nyti.ms/42BEOWb
Binyamin Appelbaum retweeted
In @nytopinion
In most of the world, tax filling is free and painless — but in the U.S., it’s a multi-billion dollar industry. Why is that? Meet the company that profits from your tax season misery, in this video by @johnnywharris and @BCAppelbaum. nyti.ms/496sj7c
Binyamin Appelbaum retweeted
Why is the US Economy doing so well but people think (until recently) it's going poorly? I spoke with @BCAppelbaum @HorsleyScott @greg_ip & @byHeatherLong on the @EconoFactOrg podcast about the performance, perceptions, and prospects of the #economy
econofact.org/podcast/perfor…
Binyamin Appelbaum retweeted
In @nytopinion
“New York has erected layers of laws to protect existing buildings and to impede the construction of new ones. The result is a shortage of housing,” Binyamin Appelbaum writes. nyti.ms/3RI7o2L
Binyamin Appelbaum retweeted
This Thursday 10/12 we welcome @DeatonAngus and his new book Economics in America: An Immigrant Economist Explores the Land of Inequality, in conversation with @BCAppelbaum. We welcome you too, Philly! Register: tinyurl.com/ysedhmcz























