In My Tribe β’ 364 implied HN points β’ 16 May 25
- The China shock might not be as bad as people think; cheap imports could help U.S. manufacturers by lowering their costs and making them more competitive.
- In Los Angeles, strict zoning laws have made housing scarce. This has led to high home prices and an increase in homelessness, making it tough for many to afford a place to live.
- Republicans are facing challenges with the federal budget, especially with rising entitlement spending. It's hard to fix the deficit by just cutting other spending without reforming entitlements.