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All-In PodcastMassive jobs revision, Kamala wealth tax, polls vs prediction markets, end of race-based admissions
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Episode Details
EPISODE INFO
- Released
- August 23, 2024
- Duration
- 1h 31m
- Channel
- All-In Podcast
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
(0:00) Bestie intros! (1:59) Labor department revises down nonfarm payrolls by 818K (15:02) MIT publishes data from first incoming class post race-based admissions ban (36:16) Decision 2024: State of the race, Polls vs prediction markets (52:33) Tale of two tickets: Private sector vs. Public sector (1:05:19) Kamala Harris supports Biden's tax plans, including a 25% wealth tax on those with more than $100M in assets Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg Follow on X: https://twitter.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html https://x.com/RealEJAntoni/status/1826290040374243821 https://x.com/DavidSacks/status/1664788807059660800 https://www.statista.com/statistics/269959/employment-in-the-united-states https://fred.stlouisfed.org/series/FEDFUNDS https://polymarket.com/event/fed-interest-rates-september-2024?tid=1724345228774 https://x.com/chamath/status/1826360792351957141 https://www.nytimes.com/2018/06/15/us/harvard-asian-enrollment-applicants.html https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model https://x.com/Polymarket/status/1826469365069271419 https://blockworks.co/news/polymarket-july-all-time-high-trading-volumes https://www.semafor.com/article/08/19/2024/harris-camp-signals-it-backs-biden-bid-to-raise-taxes-on-wealthy-corporations https://www.wsj.com/livecoverage/dnc-election-2024-harris-walz/card/harris-backs-tax-increases-proposed-by-biden-pkuLeYl6f1kXrhN4kWgQ https://www.crfb.org/blogs/kamala-harris-agenda-lower-costs-american-families https://home.treasury.gov/system/files/131/General-Explanations-FY2024.pdf #allin #tech #news
SPEAKERS
Jason Calacanis
hostDavid Friedberg
hostChamath Palihapitiya
hostDavid Sacks
hostNarrator
other
EPISODE SUMMARY
In this episode of All-In Podcast, featuring Jason Calacanis and David Friedberg, Massive jobs revision, Kamala wealth tax, polls vs prediction markets, end of race-based admissions explores Jobs Mirage, Merit Admissions, and Kamala’s Controversial Wealth Tax Plan The episode dissects a massive downward revision in U.S. job numbers, arguing it reveals serious flaws in government economic data and strengthens the case for imminent Fed rate cuts. The besties then debate the post–affirmative action admissions landscape using new MIT data, pushing for color‑blind meritocracy, socioeconomic considerations, and de-emphasizing Ivy League credentialism in hiring.
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