Earlier this year, a group of business school researchers from the University of Washington and NYU, as well as Amazon, published an influential paper claiming that the rising Seattle minimum wage had decreased take-home pay for workers by 6% due to cuts to work hours — the paper was trumpeted by right-wing ideologues as examples of how "liberal policies" hurt the workers they are meant to help.

Barry Ritholz maintains two stock indices: the Oligarch Index contains "companies that Trump liked" in his public communications; the Drain the Swamp index has "companies that Trump trashed."

UPDATE: Barry Ritholz sez,

In this case, what she wrote is not technically incorrect, but its very misleading. The lowest this rate has been over the past few decades is 8.5%. So while 11% sounds shocking, it is only somewhat elevated after the worst housing crash in the US since the Great Depression.

Barry Ritholz sez,

It is exceedingly difficult to convey exactly how much we are spending o bailouts. Start talking trillions (versus mere billions) and you get puzzled looks from people.

Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were.