Congressman, IL-06. Engineer. Former CEO. Dad. Husband. Occasional piano player. "A very dark horse". For official tweets follow @RepCasten
Jul 29, 2018 • 18 tweets • 8 min read
In my debate with @PeterRoskam earlier this week he told some real whoppers about taxes and the impact of his tax bill on the district. They are talking points completely unbuttressed by facts. But facts matter. So here's a thread...
2/ First, he repeated his line that the "average median" family in #IL06 earns $135K/year. This is wrong in three really important ways. roskam.house.gov/media-center/p…
Jul 20, 2018 • 17 tweets • 3 min read
1/ Fed Chief Jerome Powell says that the falling percentage of economic growth flowing to workers is "very troubling". He's quite right, but I think he misses some key points. (thread) latimes.com/business/la-fi…2/ First, I agree with the central thesis. Over recent decades, corporate profits as a share of GDP keep rising and wages as a share of GDP have fallen. That's a problem.
