INFLATION IS ILLUSORY, TRANSITORY, A HIGH-CLASS PROBLEM, AND OVER ALREADY:

BUT OTHER THAN THAT, HOW DID YOU ENJOY THE SHOW? Hollywood Out of Ideas, Money, Jobs.

I understand there’s a certain amount of irony in complaining that all the trailers were a sequel or a reboot before a movie that was a sequel to a sequel to a sequel to a sequel to a reboot, but usually Alamo has more varied trailer fare.

But that lack of originality, along with wokeness, the red ink carnage of the streaming wars, and the lingering effects of the most recent strikes, has led to a deep recession in Hollywood, so much so that Deadline has a regular Hollywood Contraction feature.

How bad is it? “Employment in “motion picture and sound recording” has grown nationwide, but the share of workers in LA or New York went from just under half at the beginning of 2023 to just one-third earlier this year.”

If the movies were worth going to the theater for, this wouldn’t be a problem.

WE CAN STILL FACT-CHECK YOUR A**:

Spoiler: Reuters has no desire to be a credible news outlet.

CENSOR WIKIPEDIA, GET HIRED BY NPR: Larry Sanger Speaks Out. The Wikipedia co-founder discusses NPR’s Katherine Maher and the corruption of the Internet.

YOU DON’T SAY: IMF sounds alarm on ballooning US national debt: ‘Something will have to give.’

Under current policies, public debt in the U.S. is projected to nearly double by 2053. The IMF identified “large fiscal slippages” in the U.S. in 2023, with government spending surpassing revenue by 8.8% of GDP – a 4.1% increase from the previous year, despite strong economic growth.

If this trend continues, the Congressional Budget Office anticipates the national debt will grow to an astonishing $54 trillion in the next decade. Higher interest rates are also compounding the pain of higher debt.

Should that debt materialize, it could risk America’s economic standing in the world.

The IMF is talking down to Washington like we’re a Third World country because that’s the direction Washington is taking us.

MEANWHILE, OVER AT VODKAPUNDIT [VIP]: White House Blows Up as Israel Hits Iran. “There’s an old joke about how the New York Times would announce the end of the world. ‘World to End Tomorrow; Women and Minorities Affected Most.’ I’m here to tell you today that the real ‘victims’ of Israel’s Thursday night airstrikes on Iran are in the Biden White House — and just two miles away in Washington’s exclusive Kalorama neighborhood.”