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Javier E

Putting Economic Data Into Context - The New York Times - 0 views

  • economic historians have been wrestling with this problem for years and have produced an excellent calculator for converting historical data into contemporary figures. The site is called Measuring Worth,
  • Today we use price indexes to convert monetary values from the past into “real” values today. The best-known such index is the Consumer Price Index published monthly by the Bureau of Labor Statistics. For those interested only in a simple inflation adjustment, the bureau maintains a useful calculator.
  • The area where this is the biggest problem is probably large budget numbers. The raw data is almost universally useless. Saying that the budget deficit was $680.3 billion in fiscal year 2013 tells the average person absolutely nothing of value. It’s just a large number that sounds scary. It would help to at least know that it is down from $1.087 trillion in 2012 and a peak of $1.413 trillion in 2009, but that’s not entirely adequate.
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  • it makes no sense to compare the federal budget to a family budget, which is what the Consumer Price Index is based on. One needs to use a broader index, like the gross domestic product deflator, which measures price changes throughout the entire economy.
  • For large numbers, the percentage of the gross domestic product is both the easiest to find and best to use.
  • Since the “burden” of the debt basically falls on the entire economy, the debt-to-G.D.P. ratio is generally considered the best measure of that burden. It also facilitates international comparisons without having to worry about exchange-rate adjustments.
  • international price comparisons can be especially tricky because current market exchange rates may not accurately reflect relative values or standards of living. Economists generally prefer to use something called “purchasing power parity,” but such data is not always easy to come by
  • There is much more to say on this topic. I recommend an essay on the Measuring Worth website that discusses different measures of value over time and how they materially affect our perceptions. There are also new statistical measures coming online that may provide even better data, like the Billion Prices Project from M.I.T., which gathers price data in real time directly from store price scanners.
  • This is an area where trial and error is the best strategy. The important thing is to make an effort to provide proper context where it appears necessary and not to simply ignore the problem.
katherineharron

America is in turmoil and stocks are booming. Is the market broken? - CNN - 0 views

  • The stock market is not the economy. But rarely has the gap between Wall Street and Main Street felt so wide.
  • The United States is going through its worst race crisis since 1968 following the death of George Floyd, an unarmed black man, at the hands of a police officer in Minneapolis. Riots have hit cities across the nation. Looting is rampant. And President Donald Trump is threatening to send in the military to stop the violence.
  • The civil unrest could exacerbate the coronavirus pandemic that has already killed more than 100,000 Americans. That in turn could deepen the economic collapse that has forced more than 40 million people to file for unemployment.
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  • The S&P 500 closed Tuesday at the highest level in nearly three months. The Nasdaq has spiked 40% since March 23, fueled by the resilience of Big Tech, and is now within striking distance of all-time highs.
  • unprecedented stimulus from the Federal Reserve, and investors not wanting to miss out on monster returns once the economy recovers.
  • That means that while Main Street is still grappling with coronavirus, racial crisis and the impacts of both, Wall Street is doing just fine. Fed policy has allowed markets to decouple from economic reality.
  • Although the unrest was initially sparked by the killing of George Floyd, the continued broader economic discontent is an undercurrent.
  • that the American dream is not alive and well.
  • The divide between rich and poor was worsened by the Great Recession and its aftermath. The US government's response relied heavily on easy money from the Fed, rather than the kind of fiscal stimulus that can help lower-income Americans.
  • First, the coronavirus pandemic disproportionately hit poorer Americans, many of whom work in the hospitality and service sectors rocked by the pandemic. Nearly 40% of low-income workers lost their jobs in March alone, according to the Fed.
katherineharron

Year-long resolutions don't work. Here's how to make 12 'micro-resolutions' instead - CNN - 0 views

  • A mini- or micro-resolution is any behavior you commit to for four weeks. And even longer-term goals to, say, eat better or learn a new skill, can be broken down into more achievable goals on the way. Before you can land on Mars, focus on landing on the moon.
  • To create your micro-resolutions, you can start by thinking of 12 "bad" habits or indulgences you'd like to cut back on or give up entirely. This is what I did last year for what I called my "Year of Abstinence." My plan was to learn something about myself through self-denial, and it worked: I gave up alcohol, sweets, television and nine other things, but just for a month each. The mini-resolutions were as positive as they were eye-opening.
  • In order to simply increase my own, general awareness, every day in January my goal was to notice something new. I kept my eyes open, looked a bit longer, stopped to read the history markers, noticing buildings or took a different route than normal -- small ways to avoid sleepwalking through life.
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  • Sleep is tied to many positive health outcomes according to a constant stream of medical research, much of which recommends more than seven hours a night. My goal was to sleep eight hours each night, and for the first two weeks of the month I tried and failed. I didn't manage it once. It started stressing me out.Wake up, people: You're fooling yourself about sleep, study says I did get more sleep than I would have otherwise because I prioritized getting to bed earlier. But between work, training for a marathon, kids' bedtimes and evening plans, my life was not conducive to that schedule. But since I'm making up the rules (and you make up yours) I gave up on sleep.
  • Research ties nature exposure to both longevity and happiness, so I made it a goal to commune with nature every day. This could include a run through a park, stopping to hug a tree (which I did at least once), or watching a convoy of ants cross a sidewalk.
  • Another super-habit for mental and physical health, I made an effort to incorporate meditation in some form -- whether it was 10 breaths, 30 minutes, guided, formal, mantra-led, what have you -- every day.
  • To complement March's switch-up, my plan for June was the same split: 8 hours of sleep at night and active listening with the kids. I didn't think I could pull a straight fortnight of great sleep, so my aim was for 15 nights of sleep and 15 days of not doing something else while listening.
  • At CNN, I sit near a constant pile of sweets. And that combined with my weakness for them equals a snacking problem. So in July, my goal was to make fresh fruit my standard snack of choice and eat at least one piece or serving a day. And more water -- at least a pint before coffee in the morning.
  • In August I attempted to not stay seated for more than 30 minutes during waking hours. Recent research has associated a number of poor health conditions with a sedentary lifestyle. And while no one can definitively say how much sitting is bad for us, moving every 30 minutes has emerged as a good guideline.
  • My commitment in September was 15 minutes of some form of creative writing each day, almost entirely in a writer's notebook that I've had since college. It's full of random dialogue, lists and story plots, and I used to write in it often but not so much in recent years.
  • Read a novel. That was it. Given that I mainly read non-fiction, this idea seemed rather novel (sorry).
  • My intention was to make a daily gesture of gratitude -- an emotional state with its own positive health outcomes -- and I quickly fell behind. I decided instead (because, again, I make up the rules) to make the goal a total of 30 thank yous, one for each day of the month, and I managed to cram them all in.
  • In another attempt to combat unhealthy snacking, my final goal for 2019 was to convert my diet into one filled with non-processed, whole foods. Carrots and peanut butter instead of donuts; almonds instead of old Halloween candy -- you get the idea. I also declared my intention to track my progress and give myself a daily score.
Javier E

How to Make Your Own Luck | Brain Pickings - 0 views

  • editor Jocelyn Glei and her team at Behance’s 99U pull together another package of practical wisdom from 21 celebrated creative entrepreneurs. Despite the somewhat self-helpy, SEO-skewing title, this compendium of advice is anything but contrived. Rather, it’s a no-nonsense, experience-tested, life-approved cookbook for creative intelligence, exploring everything from harnessing the power of habit to cultivating meaningful relationships that enrich your work to overcoming the fear of failure.
  • If the twentieth-century career was a ladder that we climbed from one predictable rung to the next, the twenty-first-century career is more like a broad rock face that we are all free-climbing. There’s no defined route, and we must use our own ingenuity, training, and strength to rise to the top. We must make our own luck.
  • Lucky people take advantage of chance occurrences that come their way. Instead of going through life on cruise control, they pay attention to what’s happening around them and, therefore, are able to extract greater value from each situation… Lucky people are also open to novel opportunities and willing to try things outside of their usual experiences. They’re more inclined to pick up a book on an unfamiliar subject, to travel to less familiar destinations, and to interact with people who are different than themselves.
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  • the primary benefit of a diary as a purely pragmatic record of your workday productivity and progress — while most dedicated diarists would counter that the core benefits are spiritual and psychoemotional — it does offer some valuable insight into the psychology of how journaling elevates our experience of everyday life:
  • We can’t, however, simply will ourselves into better habits. Since willpower is a limited resource, whenever we’ve overexerted our self-discipline in one domain, a concept known as “ego depletion” kicks in and renders us mindless automata in another
  • the key to changing a habit is to invest heavily in the early stages of habit-formation so that the behavior becomes automated and we later default into it rather than exhausting our willpower wrestling with it. Young also cautions that it’s a self-defeating strategy to try changing several habits at once. Rather, he advises, spend one month on each habit alone before moving on to the next
  • a diary boosts your creativity
  • This is one of the most important reasons to keep a diary: it can make you more aware of your own progress, thus becoming a wellspring of joy in your workday.
  • The second reason is focalism. When we contemplate failure from afar, according to Gilbert and Wilson, we tend to overemphasize the focal event (i.e., failure) and overlook all the other episodic details of daily life that help us move on and feel better. The threat of failure is so vivid that it consumes our attention
  • the authors point to a pattern that reveals the single most important motivator: palpable progress on meaningful work: On the days when these professionals saw themselves moving forward on something they cared about — even if the progress was a seemingly incremental “small win” — they were more likely to be happy and deeply engaged in their work. And, being happier and more deeply engaged, they were more likely to come up with new ideas and solve problems creatively.
  • Although the act of reflecting and writing, in itself, can be beneficial, you’ll multiply the power of your diary if you review it regularly — if you listen to what your life has been telling you. Periodically, maybe once a month, set aside time to get comfortable and read back through your entries. And, on New Year’s Day, make an annual ritual of reading through the previous year.
  • This, they suggest, can yield profound insights into the inner workings of your own mind — especially if you look for specific clues and patterns, trying to identify the richest sources of meaning in your work and the types of projects that truly make your heart sing. Once you understand what motivates you most powerfully, you’ll be able to prioritize this type of work in going forward. Just as important, however, is cultivating a gratitude practice and acknowledging your own accomplishments in the diary:
  • Fields argues that if we move along the Uncertainty Curve either too fast or too slowly, we risk either robbing the project of its creative potential and ending up in mediocrity. Instead, becoming mindful of the psychology of that process allows us to pace ourselves better and master that vital osmosis between freedom and constraint.
  • Schwalbe reminds us of the “impact bias” — our tendency to greatly overestimate the intensity and extent of our emotional reactions, which causes us to expect failures to be more painful than they actually are and thus to fear them more than we should.
  • When we think about taking a risk, we rarely consider how good we will be at reframing a disappointing outcome. In short, we underestimate our resilience.
  • what you do every day is best seen as an iceberg, with a small fraction of conscious decision sitting atop a much larger foundation of habits and behaviors.
  • don’t let yourself forget that the good life, the meaningful life, the truly fulfilling life, is the life of presence, not of productivity.
katherineharron

Trump's language is his tell on Syria -- Meanwhile in America - CNN - 0 views

  • Ever since Donald Trump became president, critics have worried that his rudimentary knowledge of global affairs, erratic decisions and politicized foreign policy would get people killed. It's happening now. "You are leaving us to be slaughtered," Gen. Mazloum Kobani Abdi, commander of the Kurdish-led Syrian Democratic Forces told a senior US official last week. Trump's abandonment of Kurdish allies in Syria has triggered a humanitarian crisis, and as Turkey moves in, there are reports of executions and fears that ISIS members could escape in the chaos.
  • The President is trading on a "bring the troops home" mentality that often follows US military entanglements overseas. It's a politically palatable position because the people dying as a result of his decisions are not American. His language is the tell here: He's using stereotypes about war-mongering Middle Easterners to undermine the idea that the Kurds could be real allies deserving of loyalty -- despite the successful, years-long US-Kurdish alliance against ISIS and before that in Iraq.
  • 'They are coming and they will take everything. May God end America'
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  • This was the despairing prediction of a Kurdish man trying to save his family from the Turkish advance, speaking to CNN's Nick Paton Walsh inside Syria.
  • Over the weekend, Wall Street Journal columnist and former Ronald Reagan speechwriter Peggy Noonan summed up Trump's national security leadership like this: "Foreign-policy decisions in this administration look like the ball in a pinball machine in some garish arcade with flashing lights and some frantic guy pushing the levers ping ping ping and thinking he's winning."
  • Finally, some good news. China and the United States seem to have stepped back from the brink with a trade war truce.
katherineharron

Trump's rebuke of Fauci encapsulates rejection of science in virus fight - CNNPolitics - 0 views

  • Trump broke with Fauci, who has served under six presidents, on Wednesday over the infectious disease expert's warnings that getting businesses and schools back open too quickly would lead to unnecessary suffering and death.
  • The delicate dynamic between Fauci and Trump has been watched for months. Its latest fraying marks the most pronounced clash yet in the tussle between science and politics that has long plagued the administration's fight against the coronavirus.
  • The gulf between Trump's approach and scientific rationality is expected to be further underscored Thursday with House testimony from Dr. Rick Bright, who says he was ousted from his job developing a coronavirus vaccine because he questioned Trump's enthusiasm for hydroxychloroquine, an unproven treatment for Covid-19. Bright will warn, according to his prepared testimony, that the US could face "unprecedented illness" and the "darkest winter in modern history" if it doesn't do a better job of preparing for a second wave of the pandemic.
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  • Ironically, another of Trump's failings, one in which Fauci may be in some ways complicit as a member of the coronavirus task force -- to stand up a comprehensive national testing and tracking system -- may frustrate the President's effort to get the country up and running quickly with no vaccine in sight.
  • He has yet to initiate a serious national conversation about the vital need to get the economy firing again balanced against the level of death and illness that is acceptable to the country given that the pandemic could worsen if states open up too quickly.
  • Trump's use of the world "acceptable" in relation to Fauci's comments is instructive about how he sees subordinates in his administration. The history of his three years in power shows that officials who do not provide the justification and the pretext for his actions or who prefer to act on their own perceptions of the national interest are eventually ousted.
  • In recent weeks, Trump has shifted from an approach rooted in benchmarks for phased state openings based on a waning of the virus to one based on opening the economy whatever the cost.
  • Rising attacks on Fauci have taken their toll on his standing with the President's supporters, even though he is warmly regarded by the rest of the country. In a new CNN/SSRS poll, 84% of Republicans say they trust Trump to give them information on the virus. Only 61% of the same slice of the electorate say they trust Fauci, who has headed the National Institute of Allergy and Infectious Diseases since 1984.
  • "I'm a scientist, a physician and a public health official. I give advice, according to the best scientific evidence," he said. "I don't give advice about economic things."
katherineharron

Trump pursues his political obsessions as stark 100,000 coronavirus deaths landmark loo... - 0 views

  • Sometime in the next few days, the 100,000th American will succumb to Covid-19 in a pandemic that President Donald Trump once predicted would just "miraculously" disappear.
  • In his most politically significant maneuver, he heaped intense pressure on North Carolina's Democratic governor to permit a normal, crowded Republican National Convention, despite fears such a mass gathering could seed virus hot spots. Trump warned he could pull the huge money-earner out of Charlotte, which was picked to play host in August.
  • And he indulged his preoccupations on his tax returns, Hillary Clinton, Fox News, slanders against MSNBC host Joe Scarborough, the Russia investigation, Joe Biden's mental health, former Attorney General Jeff Sessions, mail-in voting in November and highlighted dangerous and unproven Covid-19 therapies promoted on conservative media he has tested himself.
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  • "For as long as we have citizens willing to follow their example, to carry on their burden, to continue their legacy, then America's cause will never fail and American freedom will never, ever die."
  • But that doesn't mean it isn't jarring, as the most wrenching moment so far approaches in the nation's battle against a pandemic that while ebbing in terms of total deaths is trending up in 18 states, is steady in 22 and easing in 10 more. More than 98,000 people in the US have now died from the coronavirus and more than 1.6 million have been infected. More than 30 million Americans have lost their jobs and the unemployment rate is approaching Great Depression levels.
  • There was little evidence of a deeper meaning to his presidency at this stage than personal and political grievances.
  • No White House could have been fully prepared for the disaster and subsequent economic hollowing of this year's pandemic
  • Trump spent much of Memorial Day, fulminating against Cooper, complaining that the North Carolina governor was "unable to guarantee" the arena for the convention in August can be filled to capacity. The President is determined to deploy the full pageantry of convention season to portray a nation and economy in the full throes of what he calls a "transition to greatness."
  • Yet such a spectacle as the Republican convention seems utterly incongruous with real-world events. Sports teams that use such arenas are expecting to play without fans for at least months in a bio-secure environment. The prospect of thousands of delegates pouring into convention cities from all over the country, including coronavirus hotspots, is a huge headache for organizers.
  • "In other words, we would be spending millions of dollars building the Arena to a very high standard without even knowing if the Democrat Governor would allow the Republican Party to fully occupy the space."
  • It was not immediately clear whether Trump and the Republican National Committee are serious about pulling the convention from Charlotte.
  • Trump has used federal resources multiple times to fly to his resorts and golf courses. Trump's two rounds this weekend struck critics as inappropriate during a national crisis and on a weekend when American remembers its war dead.
  • "Nearly 100,000 lives have been lost, and tens of millions are out of work. Meanwhile, the president spent his day golfing," Biden wrote in a tweet accompanying an online ad Saturday.
  • Trump may not come under such criticism had he not been so dismissive of Obama's afternoons on the golf course -- and saying he wouldn't have time to play golf if he was elected president.
peterconnelly

Johnny Depp, Amber Heard trial verdict - CNN - 0 views

  • (CNN)A jury has found both Amber Heard and Johnny Depp liable for defamation in their lawsuits against each other.
  • Depp sued Heard, his ex-wife, for defamation over a 2018 op-ed she wrote for The Washington Post in which she described herself as a "public figure representing domestic abuse." Though Depp was not named in the article, he claims it cost him lucrative acting roles. Heard countersued her ex-husband for defamation over statements Depp's attorney made about her abuse claims.
  • Heard kept her eyes down as the verdict was read. Depp was not present in court, but released a statement that said, in part, "the jury gave me my life back."
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  • "From the very beginning, the goal of bringing this case was to reveal the truth, regardless of the outcome. Speaking the truth was something that I owed to my children and to all those who have remained steadfast in their support of me," he said. "I feel at peace knowing I have finally accomplished that."
  • "The disappointment I feel today is beyond words. I'm heartbroken that the mountain of evidence still was not enough to stand up to the disproportionate power, influence, and sway of my ex-husband," Heard said.
  • In her testimony, Heard said that Depp was verbally and physically abusive during their relationship. She also accused Depp of sexual violence.
  • Depp claimed multiple times on the stand that he has never struck a woman, denied Heard's allegation of sexual battery and called himself a victim of domestic abuse by Heard, which she denies.
  • Heard had notably fewer vocal supporters than Depp in the entertainment business and in and around the courthouse.
Javier E

Physicists in Europe Find Tantalizing Hints of a Mysterious New Particle - The New York... - 0 views

  • Two teams of physicists working independently at the Large Hadron Collider at CERN, the European Organization for Nuclear Research, reported on Tuesday that they had seen traces of what could be a new fundamental particle of nature.
  • One possibility, out of a gaggle of wild and not-so-wild ideas springing to life as the day went on, is that the particle — assuming it is real — is a heavier version of the Higgs boson, a particle that explains why other particles have mass. Another is that it is a graviton, the supposed quantum carrier of gravity, whose discovery could imply the existence of extra dimensions of space-time.
  • At the end of a long chain of “ifs” could be a revolution, the first clues to a theory of nature that goes beyond the so-called Standard Model, which has ruled physics for the last quarter-century.
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  • The Higgs boson was the last missing piece of the Standard Model, which explains all we know about subatomic particles and forces. But there are questions this model does not answer, such as what happens at the bottom of a black hole, the identity of the dark matter and dark energy that rule the cosmos, or why the universe is matter and not antimatter.
  • When physicists announced in 2012 that they had indeed discovered the Higgs boson, it was not the end of physics. It was not even, to paraphrase Winston Churchill, the beginning of the end.
  • A coincidence is the most probable explanation for the surprising bumps in data from the collider, physicists from the experiments cautioned, saying that a lot more data was needed and would in fact soon be available
  • The Large Hadron Collider was built at a cost of some $10 billion, to speed protons around an 18-mile underground track at more than 99 percent of the speed of light and smash them together in search of new particles and forces of nature. By virtue of Einstein’s equivalence of mass and energy, the more energy poured into these collisions, the more massive particles can come out of them. And by the logic of quantum microscopy, the more energy they have to spend, the smaller and more intimate details of nature physicists can see.
  • Since June, after a two-year shutdown, CERN physicists have been running their collider at nearly twice the energy with which they discovered the Higgs, firing twin beams of protons with 6.5 trillion electron volts of energy at each other in search of new particles to help point them to deeper laws.
  • The most intriguing result so far, reported on Tuesday, is an excess of pairs of gamma rays corresponding to an energy of about 750 billion electron volts. The gamma rays, the physicists said, could be produced by the radioactive decay of a new particle, in this case perhaps a cousin of the Higgs boson, which itself was first noticed because it decayed into an abundance of gamma rays.
  • Or it could be a more massive particle that has decayed in steps down to a pair of photons. Nobody knows. No model predicted this, which is how some scientists like it.
  • “We are barely coming to terms with the power and the glory” of the CERN collider’s ability to operate at 13 trillion electron volts, Dr. Spiropulu said in a text message. “We are now entering the era of taking a shot in the dark!”
ilanaprincilus06

Trump has trashed America's most important alliance. The rift with Europe could take de... - 0 views

  • The presidency of Donald Trump has left such a wretched stench in Europe that it's hard to see how, even in four years, Joe Biden could possibly get America's most important alliance back on track.
  • Throughout Trump's term, Europeans have been walking a tightrope, trying to balance outright condemnation of the President's most destructive behavior with not alienating the leader of the Western world.
  • Trump went out of his way to "gradually undo a lot of what the EU was working towards on the world stage," pointing specifically to the Iran nuclear deal and the Paris climate accord.
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  • "The European relationship has changed and will now be shrouded in skepticism,"
  • Trump's outward aggression affected all aspects of European life, be it trade, defense or even the emotional shared ideas and cultural ties.
  • All those things suddenly seem debased and of less value."
  • "When they did take big stances on things like China or Iran, they chose not to involve anyone, leaving Europeans scrambling for a response,"
  • But he might have to accept that America's role in these relationships has changed."
  • This has led to lots of countries having to think more seriously about their future with a less assertive US,"
  • "In some respects, it was a good thing Trump forced us to think more about diplomatic initiatives, NATO and withdrawal of US troops,"
  • A view many European officials share is that no matter how friendly Biden is, Trump happened once -- and could happen again.
  • In 2024, Ivanka Trump, Donald Trump Jr., Mike Pompeo, or any other of his allies could conceivably pick up the torch and win an election.
  • "We cannot afford to be naive. If you look at the number of votes that Trump got, he wields an influence on American voters.
  • This anti-global, 'America First' undercurrent in American politics is still very much alive and we have to hedge our bets,"
  • For the US, it's unclear whether being downgraded as a diplomatic force is something that its citizens, who've lived through four introspective years of "America First," will even care about.
  • Regardless, the Trump era has left Europeans with little choice but to wait and see how much of a priority Biden places on reclaiming America's place on the world stage.
aprossi

House impeaches Trump for 'incitement of insurrection' - CNNPolitics - 2 views

  • House impeaches Trump for 'incitement of insurrection'
  • The House voted Wednesday to impeach President Donald Trump for a second time in a swift and bipartisan condemnation of the President's role inciting last week's riot at the US Capitol.
  • The House voted 232 to 197 to impeach Trump
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  • Ten Republicans, including the House's No. 3 Republican, Liz Cheney of Wyoming, joined all Democrats to impeach Trump for "incitement of insurrection."
  • "We know that the President of the United States incited this insurrection, this armed rebellion against our common country,"
  • "There has never been a greater betrayal by a President of the United States of his office and his oath to the Constitution," Cheney said.
  • House Minority Leader Kevin McCarthy said Wednesday that Trump "bears responsibility for Wednesday's attack on Congress by mob rioters,"
  • In the Senate, McConnell is not planning to bring the Senate back for a trial before January 19, meaning the trial won't begin until Trump is out of office and Biden has been sworn in.
  • Pence sent a letter Tuesday saying he would not seek to invoke the 25th Amendment as Democrats had urged, and Trump is not considering resigning.
  • After the House vote, Trump released a video statement calling for calm as the threat of new riots -- which Trump said he'd been briefed on by the Secret Servic
katherineharron

Undocumented immigrants in the US won't get stimulus checks amid coronavirus lockdown -... - 0 views

  • Millions of workers aren't getting any help from the largest emergency aid deal in US history.
  • But immigrant rights advocates say leaving this group out of the $2 trillion plan isn't merely a matter of dollars and cents, and it isn't something that only affects undocumented workers and their families. It's a dangerous decision, they argue, that puts the whole country's health at risk as the novel coronavirus spreads.
  • This isn't just another set of salvos in the political battle over immigration that's raged in our country for decades. It's a very different debate -- because of who could be impacted, and what's at stake.
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  • "From a public health perspective, you cannot have an effective national response to a pandemic that excludes enormous segments of the population. That's both illogical and immoral," Sarmiento says.
  • "With one of the worst jobless reports in quite a few years, the primary focus right now should be on American workers and lawful immigrants," said Chris Chmielenski, deputy director of Numbers USA. "We should make sure that those people are taken care of first."
  • "This is a crisis moment for hundreds of thousands of undocumented workers and families that don't have any sort of a basic work protections, like sick leave, like unemployment insurance," says Sarmiento of the National Day Laborer Organizing Network.
tongoscar

Trump's Iran strike could present an opportunity to China - CNN - 0 views

shared by tongoscar on 20 Jan 20 - No Cached
  • Last June, however, world leaders flocked to the capital of Kyrgyzstan for a meeting of the Shanghai Cooperation Organization, a key regional security and political alliance. Attendees included Russian President Vladimir Putin and Chinese leader Xi Jinping, as well as Iranian President Hassan Rouhani, with whom they posed alongside in photos from the event. It was a pertinent reminder of Tehran's strong ties with two of the world's foremost powers, further underlined when the three countries held joint naval exercises near the strategically vital Strait of Hormuz in the Indian Ocean last month.
  • A statement added that Tehran hoped China could "play an important role in preventing escalation of regional tensions."Such sentiments are also likely shared well beyond Iran's borders, including among other Middle Eastern powers which are no fans of Tehran. The killing of Soleimani could present Beijing with a major opportunity, not only to prevent another disastrous war, but to increase its influence in the region, supplanting an increasingly unpredictable Washington.
  • "China's emphasis on noninterference, state-led economic development, and regional stability resonates with many autocratic leaders in the Middle East, allowing China to promote its 'alternative' model of great power leadership."
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  • So far -- in no small part thanks to its humungous checkbook -- China has managed to thread the needle of maintaining ties with traditional allies such as Iran and Syria, while also improving relations with their rivals in Saudi Arabia, Israel and the United Arab Emirates. Beijing has also resisted strong pressure from Washington to ditch both Tehran and Damascus, using its role as a United Nations Security Council member to rein in some international action against them.
  • Tehran's enemies may frown at Beijing's refusal to ditch its old ally to make new ones, but this policy will appear far more attractive in the wake of Soleimani's death. And the distinct chance we could now be headed for another Middle Eastern conflict -- or at the very least a period of saber-rattling and disruption to global trade -- could prop up Beijing's ability to play all sides, perhaps indefinitely.
  • "China is not a revisionist state. It does not want to reshape the Middle East and take over the responsibility of securing it. It wants a predictable, stable region -- as much as that is possible -- in which it can trade and invest,"
  • Such a role will likely be welcomed by many players in the region. Indeed, it's difficult to think of a more pertinent example of the contrast between Chinese and US policy than Trump threatening -- just as Beijing was calling for calm -- to target Iranian cultural sites, in what could well be a war crime if it was carried out.
katherineharron

Air pollution drops as Europeans stay at home - CNN - 0 views

  • Most Europeans are currently living under severe restrictions, stuck at home, desperately hoping for the coronavirus pandemic to pass soon.
  • The huge decline in road traffic, air travel and other business activities across Europe has led to sharp reductions in pollution over several major cities, new images published by the European Space Agency show. A similar effect has been recorded across the United States and in China.
  • The impact of the pandemic-related restrictions on air quality is staggering. In some parts of Europe, the levels of toxic pollutants in the air have been slashed by a half.
katherineharron

Domestic violence victims, stuck at home, are at risk during coronavirus pandemic - CNN - 0 views

  • Home is the safest place to be while a pandemic rages outside. Health officials have said as much for weeks now.
  • Self-isolation forces victims of domestic violence and their children into uncomfortable and dangerous circumstances: Riding out the Covid-19 crisis, shut in with their abusers.
  • And the deluge of stress and fear -- of unemployment, of sickness, of death -- is only intensifying the abuse they face.
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  • The frequency and severity of domestic abuse will likely increase while Americans stay home for weeks or months during the pandemic, said Katie Ray-Jones, president and CEO of the National Domestic Violence Hotline, a service that connects victims of domestic violence with local resources.
  • The calls National Hotline staff have received since the start of state shutdowns are startling, Ray-Jones said: One woman said when she tried to go to work at an essential business, her abusive partner began to load his firearm to scare her into staying. Another said that her partner threatened to expose her to the virus on purpose and swore he wouldn't pay for treatment if she fell ill.
  • Domestic violence cases spike in times of prolonged stress and disruption, like financial crises and natural disasters.
  • "Many of the options that battered women and their children use as safety valves to get away from violence are no longer available," he told CNN.
  • And once the stay-at-home orders are lifted, Ray-Jones said she expects victims to flood hotlines. They may not know how many victims there are until the coronavirus pandemic is over.
katherineharron

A fresh wave of coronavirus job losses is about to come crashing down - CNN - 0 views

  • The coronavirus pandemic has quickly thrust the world into recession as bars and restaurants shut down and countries instruct their citizens to hunker down. The question now is just how deep the pain will be, and how long it will last.
  • A picture of the economic devastation in North America and Europe has already started to emerge. A US government report published Thursday showed that 281,000 Americans filed for their first week of unemployment benefits last week — a sudden 33% jump over the week before and the largest percentage increase since 1992.
  • This week is expected to be much worse. Goldman Sachs predicts that a shocking 2.25 million Americans will have filed for their first week of unemployment benefits. That would be eight times the number of people who filed last week and the highest level on record.
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  • Fears about joblessness on this scale could jolt markets again. Investors have priced in a recession by now, but may still be processing the size of the hole the coronavirus has blown into the global economy, Jeffrey Kleintop, chief global investment strategist at Charles Schwab, told me.
  • The Dow Jones Industrial Average is now down 35% from its all-time high in mid-February, erasing all its gains since President Donald Trump's inauguration. Between January 20 and last Thursday, $27 trillion was wiped off global stocks, according to Bank of America.
katherineharron

Elijah Cummings knew how to walk the tightrope of racial politics - CNNPolitics - 0 views

  • Perhaps no one so visibly crystallized the dissonance between black Americans and their country than Democratic Rep. Elijah Cummings of Maryland, who died last Thursday and whose funeral service, at which the Clintons and former President Barack Obama will deliver remarks, is on Friday.
  • "In the Congress, Elijah was considered a north star," House Speaker Nancy Pelosi recalled. "He was a leader of towering character and integrity. He lived the American dream." Pelosi also underscored that Cummings "spoke with unsurpassed clarity and moral integrity" -- that "everyone wanted to hear what Elijah had to say."
  • "Every time we spoke of selecting an individual who can rise to the occasion to be in debate with him, we would look for somebody who was strong, and every time someone was selected, they'd come back to be a very best friend of Elijah Cummings," House GOP leader Kevin McCarthy of California said.
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  • And yet, those accounts, while surely sincere, are also so simplistically heartwarming that they're misleading -- bowing to America's impulse to see certain black lives as a balm for the bruises of the political moment.
  • Consider the congressman's relationship with President Donald Trump. In March 2017, when the administration was only a few months old, Cummings met with Trump in the Oval Office. The two reportedly spoke openly about race, with the former explaining how the latter's comments about black communities, which he had characterized as poverty-addled hellscapes, were "insulting" and that "probably nobody (had) ever told (him) that."
  • Rather than retreat into defensiveness, Trump replied: "You're right -- nobody has ever told me that."
  • "To know our whites is to understand the psychology of white people and the elasticity of whiteness. It is to be intimate with some white persons but to critically withhold faith in white people categorically," Cottom explained. "It is to anticipate white people's emotions and fears and grievances because their issues are singularly our problem. To know our whites is to survive without letting bitterness rot your soul."
katherineharron

Goldman Sachs issues warning about US unemployment - CNN - 0 views

  • The unemployment rate in the United States will peak at 25%, rivaling the worst period of the Great Depression, Goldman Sachs warned on Wednesday.
  • The unemployment rate spiked to 14.7% in April as the economy lost more than 20 million jobs during the self-imposed shutdown to fight the coronavirus pandemic.
  • Goldman Sachs previously projected the unemployment rate would peak at 15%. The new forecasts are based on government statistics, the first glimpse of the reopening process and new big data sources, the bank said.
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  • Annual data, which go back to 1929, show that the unemployment rate peaked during the Great Depression at an average of 24.9% in 1933.
  • Goldman Sachs warned Wednesday that the real jobless rate will peak at 35%, up from the bank's previous projection for a peak of 29%.
  • , told CNN last week that the real jobless rate could hit 25% before "hopefully" falling following a transition period this summer.
  • Dr. Anthony Fauci, the nation's top infectious disease expert, said Tuesday that the "consequences could be really serious" if states reopen ahead of the guidelines issued by the White House.
  • Goldman also upgraded its GDP forecasts, predicting a "somewhat more V-shaped path" as states relax lockdown orders. The bank now expects rapid annualized growth of 29% in the third quarter, up from 19% previously.
  • And Goldman noted several "serious health risks": "insufficient testing and contact tracing" in some states, reopening high-risk sectors and limited evidence of how effective measures like social distancing and will be.
  • "Prolonged weakness could cause severe scarring effects such as permanent layoffs and business closures that delay the recovery," Goldman Sachs economists wrote.
katherineharron

FBI arrests spotlight lessons learned after Charlottesville (opinion) - CNN - 0 views

  • On Thursday, the FBI arrested three men, Patrik J. Mathews, 27, Brian M. Lemley Jr., 33, and William G. Bilbrough IV, 19, with firearms charges, and they had plans, an official said, to attend a Virginia pro-gun rally. This followed Virginia Gov. Ralph Northam's declaration of a temporary state of emergency after authorities learned that extremists hoped to use the anti-gun control rally planned next Monday -- Martin Luther King, Jr. Day -- to incite a violent clash.
  • These arrests add to mounting evidence that a decades-old and violent white-power movement is alive and well, perhaps even gaining strength. White power is a social movement that has united neo-Nazis, Klansmen, skinheads, and militiamen around a shared fear of racial annihilation and cultural change. Since 1983, when movement leaders declared war on the federal government, members of such groups have worked together to bring about a race war.
  • JUST WATCHEDOn GPS: What motivates white power activists?ReplayMore Videos ...MUST WATCH position: absol
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  • Silver linings aside, it will take many, many more instances of coordinated response to stop a movement generations in the making. In more than a decade of studying the earlier white power movement, I have become familiar with the themes of underground activity that are today clearly drawing from the earlier movement. In the absence of decisive action across multiple institutions, a rich record of criminal activity and violence will continue to provide these activists with a playbook for further chaos.
  • The Base, furthermore, is what experts call "accelerationist," meaning that its members hope to provoke what they see as an inevitable race war. They have conducted paramilitary training in the Pacific Northwest. Both of these strategies date back to the 1980s, when the Order trained in those forests with hopes of provoking the same race war.
  • One of the men arrested Thursday was formerly a reservist in the Canadian Army, where he received training in explosives and demolition, according to the New York Times. This kind of preparation, too, is common among extremists like these. To take just a few representative examples, in the 1960s, Bobby Frank Cherry, a former Marine trained in demolition, helped fellow members of the United Klans of America to bomb the 16th Street Birmingham Baptist Church, killing four black girls.
  • This news out of Virginia shows that there is a real social benefit when people direct their attention to these events -- and sustain the public conversation about the presence of a renewed white-power movement and what it means for our society.
katherineharron

Obama to discuss George Floyd death, policing reform in virtual town hall tonight - CNN... - 0 views

  • Former President Barack Obama plans to address in a virtual town hall Wednesday night the death of George Floyd, stressing the importance of "ensuring that this moment becomes one for real change" and that the protests around the country lead to new policies, according to an Obama aide.
  • "The killings of George Floyd, Breonna Taylor, Ahmaud Arbery, and the loss of far too many Black lives to list, have left our nation anguished and outraged. While now is a time for grief and anger, it is also a time for resolve," a press release for the event said.
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