Program Officer @GatesFoundation. Previously: policy @amprog, Biden-Harris Campaign, Transition, and White House NEC. Views are my own.
Joined August 2017
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A must read from @davidckamin and @rebeccakysar on how to stop a new global race to the bottom
(1) New from @rebeccakysar and me in @ForeignAffairs: the challenge of securing supply chains while avoiding a subsidy race against allies.
foreignaffairs.com/guest-pas…
Connor Maxwell retweeted
I made the strong and true claim that, without the Bush tax cuts, their extensions, and the Trump tax cuts, debt/GDP would be declining indefinitely. How much have they cost up until now? $10 trillion! That's $10 trillion on tax cuts that went disproportionately to the well off.
ALT Graph showing that, without the Bush tax cuts, their extensions, and the Trump tax cuts, debt as a percentage of gross domestic product would be declining.
Connor Maxwell retweeted
IRS resources already paying off for taxpayers in real ways:
Answering phone calls, correspondence for the first time in *years*
Digital improvements have begun (eg upload docs online rather than...faxes)--much more on the horizon as IT mod takes off
washingtonpost.com/business/…
Connor Maxwell retweeted
Our economic plan is breaking records.
ALT The Record-Breaking Biden Economy: - Two strongest calendar years of job growth in history - Lowest unemployment rate in over 50 years - Manufacturing rebounded at the fastest rate in nearly 40 years - Two strongest years of small business applications in history - Record decrease in deficit - Fastest gas price decline in eight years - Annual inflation down for six months
Connor Maxwell retweeted
.@BrianDeeseNEC - my friend & brother of over 20 years — is the GOAT. His record of achievement — integral involvement in design & passage of 4 historic econ bills — is staggering. :// nytimes.com/2023/02/02/us/po…
Connor Maxwell retweeted
(1) I want to say a few words about @BrianDeeseNEC as he’s hanging up his hat. Brian was my boss when I was a deputy at the NEC, and he’s been a long-time colleague and friend.
NEW: @BrianDeeseNEC -- President Biden's first and last call on big economic decisions -- will officially depart in mid-Feb. No new gig lined up. Leaving with a long policy legacy, including key roles in passing infrastructure & saving IRA from the ashes.
nytimes.com/2023/02/02/us/po…
Connor Maxwell retweeted
"Biden's economy dodges recession" [by posting the strongest first two years of economic growth since the Clinton Administration]
politico.com/news/2023/01/26…
Connor Maxwell retweeted
The two greatest years for new small business applications on record?
1) President Biden’s first year
2) President Biden’s second year
Total: 10.5 million.
Connor Maxwell retweeted
Today, @VP and I ordered our lunch from @GhostburgerDC – one of the 10.5 million small businesses that have applied to start during our Administration.
If you missed the news, ketchup: that’s the most in a two-year period. Ever.
More proof that our economic plan is working.
ALT President Biden and Vice President Harris eat lunch together.
Connor Maxwell retweeted
Today, working people pay 99% of taxes owed.
The top 1% hides ~20% of their income from tax, including through offshore tax havens.
And yet, this bill:
- Makes it easier for the wealthiest to cheat on their taxes; while
- ↑ the deficit by > $100b
cbo.gov/system/files/2023-01…
Connor Maxwell retweeted
First CBO score of the new Congress is here.
Says that the GOP IRS funding bill would reduce spending by $71.5B and reduce revenue by $185.8B.
Net deficit increase of $114B.
cbo.gov/system/files/2023-01…
Connor Maxwell retweeted
I try not to engage in too much media criticism on here, but...
Today the US hit the LOWEST UNEMPLOYMENT RATE IN 50 YEARS.
How much cable coverage would there be if the US was at the HIGHEST UNEMPLOYMENT RATE IN 50 YEARS?
Connor Maxwell retweeted
Economic news this week:
-Lowest unemployment rate in 50 years
-Grants for fixing major bridges, creating good jobs for people w/o degrees
-Big step towards cracking down on noncompete agreements for ~30M workers
All part of @POTUS' plan to grow the economy from the bottom up.
Connor Maxwell retweeted
Soybean farmers welcome the President's announcements today to help them grow more and increase food production
soygrowers.com/news-releases…
Connor Maxwell retweeted
A few front page headlines from the states:
OH➡️ "Biden says inflation is his top priority'
WA➡️"Biden argues GOP has no plan for fighting inflation"
PA➡️"Biden: Inflation is a 'top priority'"
MN➡️"Biden says GOP ideas no answer to inflation"
Connor Maxwell retweeted
This didn't just happen by accident -- before @POTUS' Rescue Plan, we weren't projected to return to these unemployment levels for years.
