Appalachia/Philly/Cincy. Ohio U/U of Delaware Biden School of Public Policy Opinions are my own.
Northside, Cincinnati, OH
Joined April 2009
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If you take the 30 largest metros in the US and draw a 100 mile radius around their downtown, which has the largest population? (thread)
1. Philadelphia - 30 million
2. NYC - 29.6 mil
3. Riverside - 20.9 mil
4. LA - 19.4 mil
5. Baltimore - 16.5 mil
Penn has higher research spending than Harvard & Columbia. Philly metro has higher bachelor's attainment rate than US as a whole. Philly life sciences companies attract 8th highest VC investment globally. The region has high median incomes and the 11th largest metro GDP.
What people don’t understand about Philly’s “grit” is that it’s a SUBSTITUTE for the things that make other cities thrive. We don’t have the richest people, or the smartest, or the luckiest, or the most talented. Grit is what helps close the gap, but you’re better off with the wealth that makes a New York thrive; the talent that makes an SF thrive; the brains that make Boston what it is; the happenstance that brought the nation’s capital to a swamp on the banks of the Potomac. We fetishize the city’s tough mentality so much we forget it comes from destitution, not prosperity, and we should be striving for the latter, not constantly reminding ourselves about the former.
The sale of CSR continues to pay dividends in the form of millions of extra $$ annually
At current rate, the fund will have $10B+ in 30 yrs & will pay $328M annually. The next gen will look back at decision to create the trust as the most consequential in the history of the city
Brandon wants 1 million more neighbors retweeted
Philadelphia’s largest apartment owner, PMC Property Group, wants to build a new 31-story, 372-unit building at 24th and Walnut streets. That would be their fourth tower along the Schuylkill River. Story TK.
The funny thing about this is that in 20 years almost everybody will call it the B and wonder why people ever used the cumbersome name "Broad Street Line" when the B is so much simpler.
But there'll still be senior citizens grumbling about the change.
This new rebrand and marketing campaign from @SEPTA reeks of ideas from an outside NYC marketing firm. Sorry, but to real Philadelphians like myself, the Orange Line never be called the “B” train. 🤮
Tyler Childers is the best because he literally says "I'm going to play 5 more songs and that's it. I'm not going to leave and come back. You've got 5 left."
encores are so funny. the guy leaves and is like “goodbye definitely for real” and everyone is like “okay yes we believe you and are so sad it’s really truly certainly over” *clap clap clap*
and then the guy comes back and is like “i never imagined i could be persuaded, but i guess i have to play one more song. let me see if i can think of one right now on the spot. just a little something. just my most popular song ever that i for some reason didn’t play earlier.”
Cincinnati has so many of these but most of them lack people. We need to build a ton of housing near all of them. We've made some progress in that regard but have a long way to go. – at Cincinnati, OH
Last year there were more than 5 times as many hotel groundbreakings and 7 times as many school construction projects as data center groundbreakings.
People are not operating on actual data and facts when it comes to this subject. – at Cincinnati, OH
One of my best friends is a union pipefitter who had overtime for the next 5 years building data centers. He just quit his job to be a normal plumber bc he missed building hotels & schools & other things interest rates won't let u build anymore & the experience actually helped him kick his annoying Burning Man YIMBYism bc he finally saw for himself how ultimately incidental 'supply & demand' are to what gets built in America and how much it costs, and if someone tried to build a data center by his house he might kill himself
This is immediately false because no one outside of Eastern PA is even calling them hoagies. – at Cincinnati, OH
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I'm always astounded that people will romanticize anything in the past. You could not pay me to go back to the 90s. Almost everything was worse.
Just one example - people smoked EVERYWHERE. You could not escape it. – at Cincinnati, OH
I cant emphasize this enough: If you weren't alive for it, or were too young to remember, the 1990's was the absolute peak of human existence. We were living through the golden age of the world, and had no idea how good we had it.
9/11 Felt big when it happened, but how were we to know that it was the end of the road?
Just because I'm seeing lots of confusion...
climate.gov/news-features/ev… – at Cincinnati, OH
Brandon wants 1 million more neighbors retweeted
Big thanks to the Ohio Department of Development for awarding tax credits to 14 city projects! These Ohio Historic Preservation awards will help us revitalize local neighborhoods, boost our economy, and preserve our city's historic character.
@OhioDevelopment
A bunch of nonsense and fantasy here.
In order for this to happen:
1. 10.5% returns over 34 years when market is at crazy valuations and USA averaged 7% over its peak years
2. No change in tax code - the USA govt will let young people keep their 401ks when pension hungry boomers are majority and vote at 70%+ rates
3. No broker or bank default
4. No personal need for the cash whose distributions are tax penalized
5. No civil war, communist revolution, invasion in the US
6. No change in management behavior around fiduciary duty
7. No major inflation in cost of living wiping out nominal gains
You may think one or two of these are unlikely but in aggregate, the idea that this person will turn $100k into $3 mm without doing anything (because this idea has been heavily marketed to us) is abject fantasy.
