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clairemann

Just 2.5% of Pandemic Response Spending So Far is Green | Time - 0 views

  • “build back better,” promising to use economic recovery funds to accelerate the transition away from fossil fuels and create societies that are more resilient to extreme weather and other climate-related shocks.
  • “Governments in many cases are just trying to return to the old normal,” he told a launch event for the report. “It seems like the world is trying to put out a house fire with a garden hose when a perfectly good fire hydrant is available just next door.”
  • Still, the report “clearly shows that we are not yet building back better when it comes to recovery spending,”
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  • But that hasn’t happened yet. A study published March 10 by the U.N. Environment Program, in partnership with the University of Oxford, found that of the $14.6 trillion committed by governments of the world’s 50 largest economies in 2020, just 2.5% was on programs likely to decrease greenhouse-gas emissions, lower pollution or restoring degraded natural systems.
  • Based on proportion of GDP, Spain, South Korea, and the U.K. led on green spending during the pandemic—though that is partly because these countries have announced the allocations of greater shares of their recovery plans than most countries so far. But when considering green spending as a proportion of recovery funds so far announced, Denmark, Finland, Germany, France, Norway, and Poland led.
  • “Trillions in fiscal spending [still to be announced] provide the greatest opportunity in decades to reorient for the future,” it reads. “Citizens, businesses, policy makers, and politicians must hold each other to account to ensure that the opportunity is not wasted.”
Javier E

Robert Samuelson: Economists face hard times - The Washington Post - 0 views

  • These are hard times for economists. Their reputations are tarnished; their favorite doctrines are damaged. Among their most prominent thinkers, there is no consensus as to how — or whether — governments in advanced countries can improve lackluster recoveries.
  • economists at the Organization for Economic Cooperation and Development (OECD) published a retrospective study of its economic forecasts. This qualifies as an act of bureaucratic courage, because the record was predictably dismal
  • Interestingly, one item not on the list is “too much austerity.” The OECD economists found that they generally hadn’t underestimated the effects of spending cuts and tax increases intended to shrink budget deficits in Spain, Italy, Ireland, Portugal and elsewhere
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  • This conclusion is surely controversial because many economists attribute the weak recovery to misguided austerity, especially in Europe.
  • Perhaps history will vindicate this appeal to Keynesianism. Or perhaps not. The fact is that the United States did respond aggressively under both George W. Bush and Barack Obama. It certainly didn’t embrace austerity. Federal budgets ran massive deficits — $6.2 trillion worth from 2008 to 2013, averaging 6.4 percent of the economy (gross domestic product).Nothing like this had occurred since World War II. Yet, the economy limped along. Why wasn’t this enough?
  • It’s not just Keynesianism that’s under a cloud. The same fate has befallen monetarism — the doctrine that stable growth in the money supply can promote a more stable economy. Since 2008, the Federal Reserve has poured more than $3.2 trillion into the economy to keep interest rates low and accelerate economic growth. By monetarist reasoning, so much money pumped out so quickly should spawn higher inflation. Some economists predicted as much; it hasn’t happened yet. Consumer prices today are up a mere 1.5 percent from a year earlier.
  • The Great Recession and financial crisis changed behavior in fundamental ways that economists have yet to incorporate fully into their models or theories
  • The widespread faith that modern societies were sheltered from deep and sustained economic setbacks has been shattered, causing consumers, business managers and bankers to be more cautious in borrowing and spending. Economic stimulus may offset this caution, but if it signals that the economy is weaker than expected, it may also further depress private spending.
  • The faith in economics was, in many ways, the underlying cause of both the financial crisis and Great Recession — it made people overconfident and careless during the boom — and the basic explanation for the weak recovery, as stubborn caution displaced stubborn complacency
sanderk

The economy is in for tough times, but here's a roadmap for recovery from the coronavir... - 0 views

  • Not for the next few months. The government still doesn’t know how widely the coronavirus has spread across America because of repeated snafus creating a test and it will take time to contain it. Until then large parts of the economy —schools, sports leagues, workplaces, cultural sites — are likely to remain shut down or operating on a limited basis.
  • The economy could shrink as much as 4% to 5% in the second quarter and trigger a sharp increase in unemployment, according to the most pessimistic Wall Street forecasts. The last time that happened was during the 2007-2009 Great Recession.
  • The vast majority of economists predict the U.S. will start to rebound later in the year, though they are split over how soon and how fast. Some like Donabedian see a rapid recovery starting in the summer. Others predict a short recession that extends through the fall.
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  • “There’s going to be a lot of bad news in the next three to four months,” said David Donabedian, chief investment officer of CIBC Private Wealth Management. “It will be pretty ugly. It is sure going to feel like a recession for awhile.”
  • If the U.S. achieves the same success as say, South Korea, the hope is that spread of the coronavirus will taper off by early summer, when illnesses such as the flu and cold also tend to weaken because of the heat and humidity.
  • “Some countries have proven that if you take precautionary measures such as social distancing you can get in front of this virus and contain it or at least slow it down,” said Sal Guatieri, senior economist at BMO Capital Markets.
  • The Fed has already cut a key interest rate on March 3 and could reduce it to basically zero by next week. The lowest rates in modern times is already encouraging a fusillade of mortgage refinancings that will put more money in family’s pockets.
  • Congress, for its part, is assembling what’s likely to be the first in a series of steps to cushion the blow to individuals and businesses most likely to suffer. A pending bill includes free testing, paid sick leave, emergency jobless benefits and small-business bridge loans.Economists says an overwhelming federal response is critical.
  • Still, even relative optimists such as Guatieri say there’s still too much uncertainty to feel confident. He and Wells Fargo’s Bullard say their firms have been changing their forecasts almost daily in the past week as the situation deteriorated. What’s made matters worse is simply not knowing the scope of the problem
  • “We’re not getting the insight into where we are or where we are going,” Bullard said. “So we’re all just speculating.”
katherineharron

'Life or death still possible': 31 days at my dad's virtual bedside - CNN - 0 views

  • The attending physician at the intensive care unit had called that morning and asked whether they should include a Do Not Resuscitate order in my dad's chart. They had asked before. I had been indecisive. A successful resuscitation would extend his life. But it might also lead to brain damage.
  • "If it continues in this direction," he told me, "we're talking about a single-digit chance of survival."
  • I suspected that my father had a will and a health care directive inside the house. I put on my mask but couldn't find a clean pair of latex gloves in my duffel bag. It was cold in the backyard. I had a pair of leather gloves. I put those on and entered my childhood home for the first time in weeks. My mother barely registered my presence. She was crying on the couch.
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  • I was relieved -- we wouldn't have to make what felt like an impossible decision -- but then I kept reading. My father had noted that he did not want to be supported by a ventilator or hooked up to a feeding tube for any length of time. He had been connected to both for nearly two weeks.
  • There was grief on her face, but also curiosity. What had finally gotten to her younger son, the one who so rarely showed emotion during his father's hospitalization?
  • I called the hospital and approved the DNR. They told me his status was still dire. I called my dad's closest friends and started preparing them for the worst.
  • My father's lungs showed no signs of progress. The double pneumonia they diagnosed days before was worsening. His kidneys were failing. Dialysis was required but would put a strain on his blood pressure, which was already dangerously low. There was a special form of dialysis designed for delicate situations like this -- continuous veno-venous hemofiltration -- but it wasn't available at Lawrence
  • The morning after I searched for my father's health directive and drafted his obituary, I woke up and tried to turn on my laptop. It wouldn't start. When it eventually booted up, it asked if I wanted to restore an unsaved document. No, I thought, let's see what happens today.
  • It was the same doctor as yesterday, the one who asked about the DNR. "Look, your dad is on a ventilator. That's a form of life support. He's experiencing kidney failure and requires dialysis. His situation is still very acute. He was in good health before the Covid, but his kidney, heart, and lungs are 69 years old. It's tough for them to recover. But the numbers from today are undeniably better than yesterday. There's been an improvement at almost every level. Your dad is a tough guy."
  • One of my close friends, a nurse practitioner, would help me understand all the terminology and its implications. He was treating Covid patients at an ICU upstate. At the end of our calls I'd ask him how he was doing. "We ran out of gowns," he told me one day. "My ICU is out of ventilators -- we're diverting people to Albany," he said another time.
  • "There's a difference between good intentions and good outcomes," I explained to her. She would wave me away and pick up. Inevitably the call would bring her tears. I stewed on the porch. My brother, uncle and I would spend hours trying to ease her mind and pacify her anxiety. Any inquiry or outreach was like sticking a finger in the open wound of her anguish.
  • "He's only improving," I told her, "because of the life-saving care you guys have given him. The whole city is in awe of you. They should have a parade for you down the Canyon of Heroes."
  • The nurses and doctors who took care of my father -- first for four days at NewYork-Presbyterian Lawrence Hospital, then for nearly a month at NewYork-Presbyterian/Columbia -- were always empathetic, straightforward and willing to trust me with complicated details.
  • About a week after writing -- then refusing to recover -- my father's obituary, his condition was continuing to improve.
  • I called my friend, the nurse practitioner, and gave him the latest update. He seemed upset. "You OK, dude?" "A nurse from my hospital died," he explained.
  • I wrote about my dad's volunteer work -- at the Special Olympics, at an organization he founded that helps police families with special needs, and at just about any Italian-American group that needed a lawyer. He was so proud of his Italian-American heritage. He loathed the mafioso caricatures and stereotypes found on TV -- he wrote countless op-eds attacking those -- but he revered the old-school virtues he associated with his Italian-American upbringing: loyalty, humility, hard work, dedication to family.
  • "Yesterday was a stumble, but we're getting back on course," I emailed the group. "We always knew this recovery wasn't going to be a straight line. It's important to remain resilient and optimistic even when there are temporary setbacks."
  • "Oh Lou, I've been waiting for your call. I have such good news. They are planning to extubate him tomorrow. They are going to take your father off the ventilator!" She was practically screaming with excitement. I was speechless.
  • I had been withholding certain information from my family and friends during this whole ordeal. My dad had developed a blood clot two weeks into his hospitalization. Clots are extremely dangerous, of course, but it was small and in a relatively manageable location.
  • I called my brother and told him about the plan to get my father off the ventilator. Since there were a number of contingencies, we debated telling my mother. She was living and dying with every update.
  • My father's breathing was labored on the morning they were planning to extubate. They delayed the procedure a day. That next morning, April 16, a doctor called. I was in the shower and rushed out to answer my cell. He said they were doing the extubation within the hour. What do we want to do if the extubation fails?
  • "It went as well as we could have hoped for," the doctor said. "His vitals are stable and he's breathing well. He's resting now." She explained that my father was disoriented and it probably wasn't a great idea to speak with him that day. Whatever, I thought, I'll speak with him when he gets home. He had been on a ventilator for 28 days.
  • I called the doctor later in the day. She told me my dad seemed distressed. He was trying to speak, but his vocal cords were too swollen. "It's so frustrating," she told me. "I don't know what he wants to tell me."
  • "Each facility has their own Covid rules," she explained. "I'll send you over a list." On the list was the nursing home where my grandfather had died several years before. My father had visited him every day.
  • I called the step-down unit where he had been the past three days. They transferred me to his nurse. "He's doing better, love. We took him off the pressor and his blood pressure is in a good range. His heart rate is good. He's breathing fine. The doctors decided he didn't need to go back to the ICU. He's ok."
  • "I've repeatedly said that recovery isn't a straight line. ... Yesterday we managed the roller coaster ride as a family. My brother, uncle and I were with my mother the entire day. We never lost hope or confidence in my dad's medical care and ultimate recovery. If there's a light at the end of the tunnel, it's a blinking one. Right now, it shines again."
  • I drove back to my mom's house. I scanned the block for my brother's car. He had not arrived. I parked. I have to wait for him and then tell my mother, brother and uncle all at once, right? Should I call my wife first? Should I call my dad's best friend?
  • I called my wife. I called my dad's best friend. I called the guys he grew up with. I called his former colleagues. I began every conversation the same way, "This is that call." I listened to each of them yell and cry and ask if I was serious. Then I said I had to make another call.
  • I wrote about my father's career. How he got his law degree at night school and became a prosecutor at the city, state, and federal level. How he convicted mobsters, drug dealers, and those who abused power.
  • Covid-19 was new and largely unstudied. Maybe one of these seemingly odd treatments would work.
  • He was a Covid patient for 31 days. It was a painful experience, but ultimately unimportant. It doesn't matter how a man dies. It matters how he lives.
Javier E

Why doom and gloom won't help us fight climate change - The Washington Post - 1 views

  • the big problem with bad news about the environment is that it too easily leads to resignation and then passivity. Consider Paul Kingsnorth, the former British environmental activist who suggests that the magnitude of the “ecocide” we face means that we have to come to terms with the reality that there is no hope. “We are not going to stop this from happening,”
  • he air of New York City is substantially better today than it was in the 1950s. The water in the Potomac today is much cleaner than it was in 1947, when Louis Halle wrote his classic nature book “Spring in Washington.”
  • Small wonder that a series of recent polls have detected many Americans declaring that they’re experiencing “eco-anxiety.” If nature is already too far gone, why go to the trouble of trying to save it?
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  • We must take to heart these environmental triumphs and not just fixate on the bad news. Let’s celebrate the recovery of our eastern forests, which after two centuries of decimation have regrown to cloak hundreds of millions of acres of unproductive agricultural land.
  • A group of academics and activists recently published a book with an emblematic title: “Mourning Nature.”
  • ome seriously good things have happened to our environment over the past half-century — because human beings took conscious and purposeful action to establish legal and regulatory incentives that changed society’s behavior.
  • Will the Earth’s biosphere as we know it survive? One thing is for sure: We need to believe so to be able to function at full capacity as concerned citizens.
  • Only smart collective action, led by courageous people working with intelligent and well-funded organizations and agencies, can mount the necessary effort to keep our Earth from peril.
cvanderloo

Joe Biden's Stimulus Plan Emphasizes School Reopenings | HuffPost - 0 views

  • President-elect Joe Biden has said he would like to see most K-8 schools open in person within 100 days of taking office, and now he is asking Congress for hundreds of billions of dollars to help him achieve this goal.
  • $1.9 trillion to help rebuild the nation’s economy, manage the coronavirus and support struggling communities
  • The plan asks for $50 billion to invest in an enormous expansion of the COVID-19 testing infrastructure. It is also asking for $170 billion to help schools safely reopen, helping them fund measures like improving classroom air ventilation and buying personal protective equipment.
    • cvanderloo
       
      Allocation of this money
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  • The package passed in December provided $82 billion for education, a far cry from what the future Biden administration is now proposing.
  • “Educators are encouraged not only by President-elect Biden’s leadership, but also in knowing that there is finally a true partner in the White House who will listen, value the ideas, and act in the best interest of students, educators, and families.”
    • cvanderloo
       
      Over generalization in my opinion
  • over 30% of school districts were now fully online, a number that has grown since the beginning of the school year
  • Overall, the plan also focuses on offering child care assistance for families and providers, and on lifting children out of poverty. It is only the first part of Biden’s recovery plan, called the American Rescue Plan. Next month, he plans to unveil the second part of his plan, Build Back Better Recovery Plan, he said.
sanderk

Global economy will suffer for years to come, says OECD - BBC News - 0 views

  • The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development has warned.Angel Gurría, OECD secretary general, said the economic shock was already bigger than the financial crisis.
  • The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development has warned.Angel Gurría, OECD secretary general, said the economic shock was already bigger than the financial crisis.He told the BBC it was "wishful thinking" to believe that countries would bounce back quickly.
  • Mr Gurría said a recent warning that a serious outbreak could halve global growth to 1.5% already looked too optimistic.
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  • While the number of job losses and company failures remains uncertain, Mr Gurría said countries would be dealing with the economic fallout "for years to come".
  • "Even if you don't get a worldwide recession, you're going to get either no growth or negative growth in many of the economies of the world, including some of the larger ones, and therefore you're going to get not only low growth this year, but also it's going to take longer to pick up in the in the future,"
  • the reason is that we don't know how much it's going to take to fix the unemployment because we don't know how many people are going to end up unemployed. We also don't know how much it's going to take to fix the hundreds of thousands of small and medium enterprises who are already suffering
  • Mr Gurría called on governments to rip up borrowing rules and "throw everything we got at it" to deal with the crisis.
  • However, he warned that bigger deficits and larger debt piles would also weigh on heavily indebted countries for years to come.
  • Mr Gurría said that just weeks ago, policymakers from the G20 club of rich nations believed the recovery would take a 'V' shape - with a short, sharp drop in economic activity followed swiftly by a rebound in growth."It was already then mostly wishful thinking," he said.
  • It's going to be more in the best of cases like a 'U' with a long trench in the bottom before it gets to the recovery period. We can avoid it looking like an 'L', if we take the right decisions today."
Javier E

Opinion | What's the Story With Colleen Hoover's Romance Novels? - The New York Times - 0 views

  • for the past few years, these books have been written by Colleen Hoover.
  • What is it about Hoover’s stories — which dwell largely in romance, but also include a thriller and a ghost story — that women are drawn to?
  • I slorped down three of them in one week. I found myself carrying them from room to room, slipping in what would begin as “just a few pages” but then stretch into hours’ worth.
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  • Though Hoover’s settings bop around America from Boston to New York to Texas to Vermont, the only contextual references pertain to pop culture, social media and the occasional local attraction.
  • Politics are confined to the daunting gulf between haves and have-nots, and even when Hoover’s striving heroines find themselves among the haves, their hearts remain forever with the have-nots.
  • In these novels what matters more than anything else is hardship: Hardship is everywhere, women must suffer, women can heal, and those who make it through all this have the capacity to find themselves/love/happiness. The reader can’t help feeling that the heroine/Hoover is speaking to me/for me/like me.
  • Fiction of this sort reflects a strain in the culture that has shifted from a fascination with the other — the rich, the powerful, the exclusive — to a more inward preoccupation with the self and the desire to see oneself reflected in the stories one consumes
  • Women’s popular fiction of the ’80s, when the glitter and glamour of “Dallas” and “Dynasty” dominated prime-time TV, offers a sharp contrast. In best sellers of that period, the settings jetted from Monte Carlo to Capri to Rodeo Drive, populated by the rich, famous and destined-to-be. Heroines could have been peeled off the cover of Cosmopolitan magazine
  • As with TikTok testimonials of adolescent mental health challenges and group-chat confessions, it’s about “relatability” and the willingness to reveal all. Even celebrities must bare all
  • I never shed a tear while reading Sheldon, but that wasn’t the point. The point was exuberant voyeurism, the literary equivalent of “Lifestyles of the Rich and Famous.” The heroines’ lives were nothing like mine nor were they meant to be. That’s what made them so absurdly entertaining.
  • Colleen Hoover paints on a more intimate canvas. Her stories aren’t about attaining worldly power on a grand scale, but about finding power within
  • Hoover offers readers an emotional road map to recovery from imposter syndrome, domestic abuse, betrayal, victimization. It’s a very different kind of achievement.
  • In a country where economic inequalities can seem insurmountable and systems of power ever more remote, this may be the best her hard-knock heroines — and readers — can hope for.
  • For readers invested in characters who are like themselves — if perhaps more beautiful and with more exciting sex lives — the emotional payoff can still feel hard-earned. And, just possibly, the story could happen to them.
Dunia Tonob

Too-Skinny Model Ban Takes Effect in Israel | How To - Yahoo! Shine - 0 views

  • The law, approved last March by Israel's legislating Knesset, requires models to prove they have maintained a Body Mass Index (BMI) of at least 18.5 for three months prior to a fashion shoot or show.
  • "This law is another step in the war against eating disorders,"
  • But critics of the law in this country say it and others like it—the Madrid Fashion Show's ban on women whose BMI is below 18, for example, and Milan's Fashion Week's ban on models with a BMI below 18.5—are misguided, focusing on weight instead of health.
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  • create guidelines for models which, rather than focusing on BMI, strive to educate the industry and foster a healthy working environment.
  • "I realized that only legislation can change the situation. There was no time to educate so many people, and the change had be forced on the industry. There was no time to waste, so many girls were dieting to death."
  • "Certainly I don't believe the modeling industry has caused the rise in eating disorders, but it makes it harder," she says. "It's a difficult recovery environment, worshiping thinness as the beauty ideal."
Javier E

A Heartbreaking Work of Staggering Folly - NYTimes.com - 0 views

  • few anticipated the severity of the 2008 crisis — but that wasn’t a deep failure of theory, it was a failure of observation. We actually had a pretty good understanding of bank runs; we just failed to notice that traditional banks were a much smaller share of the system than before
  • the aftermath of the crisis — persistent low interest rates despite high deficits, impotence of monetary policy, major negative impacts of fiscal austerity — may not have been what most economists or government agencies predicted, but it’s what they should have predicted; Econ 101 macroeconomics, as I often point out, has worked pretty well.
  • in Europe, recovery is now behind where it was at the same point of the Great Depression. Here’s European industrial production from the League of Nations starting in 1929 and Eurostat starting in 2007:
Javier E

The Reality of New America Brings Obama Victory -- Daily Intel - 0 views

  • he essence of Team Obama's reelection strategy was to capitalize on their man's strength with what National Journal's Ron Brownstein calls "the coalition of the ascendant" has long been clear. Back in May, I wrote a cover story for the magazine laying out Chicago's plan to focus laser-like on four key voting blocs: African-Americans, Hispanics, college-educated white women, and voters of all ethnicities aged 18-29. At bottom, their theory of the case was that, despite the fragility of the recovery and the doubts that many voters had about Obama's capacity to put America firmly back on the road to prosperity, the deft and aggressive exploitation of coalition politics (along with the ruthless disqualification of Romney as a credible occupant of the Oval Office) could secure the president a second term. That in 2012, in other words, demographics would trump economics.
  • A quick glance at the exit polls confirms the extent to which the coalition of the ascendant is responsible for that performance. Contrary to the assumptions of the Romney campaign, the electorate that turned out on Tuesday was more diverse than 2008's, not less. Nationally, the share of the vote comprised by whites fell from 74 to 72 percent, while the black vote held steady at 13 and rose among Hispanics from 9 to 10, among Asians from 2.5 to 3 percent, among women from 53 to 54 percent, and among young voters from 18 to 19 percent. Obama's share of each of those blocs was overwhelming: 93 percent of African-Americans, 71 percent of Latinos, 73 percent of Asians, 55 percent of the ladies, and 60 percent of the kids. T
  • the challenges facing the Republican Party are far greater and far graver; indeed, it's no exaggeration to say that they are existential. Before Election Day, there were some in GOP yakkety-yakosphere who were warming up to pin the blame for Romney's impending defeat on Hurricane Sandy, a dubious proposition rendered utterly absurd by what happened yesterday. Not only was the problem not Sandy — it wasn't even simply Romney. True, the weaknesses of the Republican nominee were manifold and glaring, but they had nothing to do with the party's having squandered its chance to take back control of the Senate by pissing away two eminently winnable seats (in Missouri and Indiana) by dint of having nominated abject cretins (Todd Akin and Richard Mourdock). Or with the passage, for the first time, of ballot initiatives in two states (Maine and Maryland) legalizing same-sex marriage, and the legalizing of marijuana in two others (Colorado and Washington).
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  • the Republicans now find themselves facing a moment similar to the one that Democrats met in the wake of the 1988 election, when the party found itself markedly out of step with the country — shackled to a retograde base, in the grip of an assortment of fads and factions, wedded to a pre-modern policy agenda. And so, like the Ds back then, the Rs today must undertake a wholesale modernization of their party, starting with, but not limited to, making real inroads with those ascendant elements of the electorate. Doing so will be a Herculean task, and one that will require not just institutional resolve but individual leadership; it will require, that is to say, that the Republicans find their own version of Bill Clinton circa 1990. But daunting as the task may be, what last night indicated is that the party has no choice but to undertake the assignment — because to forgo it would be to risk not just irrelevance but extinction.
Megan Flanagan

Football's dangers, illustrated by one man's brain - CNN.com - 0 views

  • Michael Keck has added more fuel to the fire about whether young children should play football.
  • diagnosed with chronic traumatic encephalopathy, the Alzheimer's-like disease
  • telltale sign of the disease is tangles of the protein tau, which takes over parts of the brain. They result from repeated hits to the head
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  • I have never seen this (brain) pathology in someone under the age of 30"
  • he had more than 10 concussions
  • He lost consciousness, suffered headaches, neck pain, insomnia and anxiety. He couldn't remember things or concentrate.
  • ventually saw a neurologist, who prescribed him a muscle relaxant and anti-seizure medication, but they did little and the symptoms continued
  • he stopped playing football because the symptoms were so strong
  • he had great opportunities, and he had to turn these opportunities down because of something that was taking over his brain
  • teach proper technique
  • Keck believed he suffered from CTE, but it cannot be diagnosed in living people.
  • Keck died from cardiac arrest in 2013, and it does appear his life was lost to CTE.
  • Usually there's a latent period. He seemed to develop it while he was playing. Even after he quit playing, it seemed to get worse."
  • factors such as environment and genetics may have a role.
  • I think its becoming more and more clear that the developing brain is more susceptible to concussion; it has a delayed recovery from concussion,"
  • "We really need to limit the amount of head contact that young children and adolescents are experiencing
  • became increasingly depressed and suicidal
  • We are taking out unnecessary head contact out of the sport, out of practice. We're enforcing rule changes
Javier E

The Obama legacy that can't be repealed - The Washington Post - 0 views

  • There is no mystery about Barack Obama’s greatest presidential achievement: He stopped the Great Recession from becoming the second Great Depression. True, he had plenty of help, including from his predecessor, George W. Bush, and from the top officials at the Treasury Department and Federal Reserve. But if Obama had made one wrong step, what was a crushing economic slump could have become something much worse.
  • It is Obama’s unfortunate fate that the high-water mark of his presidency occurred in the first months, when the world flirted with financial calamity. The prospect of another Great Depression — a long period of worsening economic decline — was not far-fetched.
  • In the first quarter of 2009, as Obama was moving into the White House, monthly job losses averaged 772,000. The ultimate decline in employment was 8.7 million jobs, or 6.3 percent. Housing prices and stock values were collapsing. From their peak in February 2007 to their low point, housing prices dropped 26 percent. Millions of homeowners were “underwater” — their houses were worth less than the mortgages on them. Stock prices fell roughly by half from August 2007 to March 2009.
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  • There was no guarantee that the economy’s downward spiral wouldn’t continue, as frightened businesses and consumers curbed spending and, in the process, increased unemployment. The CEA presents a series of charts comparing the 2008-2009 slump with the Great Depression. In every instance, the 2008-2009 downturn was as bad as — or worse than — the first year of the Great Depression: employment loss, drop in global trade and change in households’ net worth.
  • The starkest of these was the fall in households’ net worth (people’s assets, such as homes and stock, minus their debts, such as mortgages and credit-card balances). It dropped by $13 trillion, about a fifth, from its high point in 2007 to its trough in 2009. This decline, the CEA notes, “was far larger than the reduction [adjusted for inflation] . . . at the onset of the Great Depression.”
  • What separates then from now is that, after 18 months or so, spending turned up in 2009 while it continued declining in the 1930s. This difference reflected, at least in part, the aggressive policies adopted to blunt the downturn. The Fed cut short-term interest rates to zero and provided other avenues of cheap credit; the Troubled Asset Relief Program (TARP), enacted in the final months of the Bush administration, poured money into major banks to reassure the public of their solvency.
  • Still, Obama’s role was crucial. Against opposition, he decided to rescue General Motors and Chrysler. Throwing them onto the tender mercies of the market would have been a huge blow to the industrial Midwest and to national psychology. He also championed a sizable budget “stimulus.” Advertised originally as $787 billion, it was actually $2.6 trillion over four years when the initial program was combined with later proposals and so-called “automatic stabilizers” are included, the CEA says
  • More generally, Obama projected reason and calm when much of the nation was fearful and frazzled. Of course, he didn’t single-handedly restore confidence, but he made a big contribution
  • the recovery from the Great Recession is mostly complete. This seems plausible. Since the low point, employment is up 15.6 million jobs. Rising home and stock prices have boosted inflation-adjusted household net worth by 16 percent. Gross domestic product — the economy — is nearly 12 percent higher than before the financial crisis
  • his impact is underestimated. Suppose we had had a second Great Depression with, say, peak unemployment of 15 percent. Almost all our problems — from poverty to political polarization — would have worsened. Obama’s influence must be considered in this context. When historians do, they may be more impressed.
Javier E

Social Media and the Devolution of Friendship: Full Essay (Pts I & II) » Cybo... - 1 views

  • social networking sites create pressure to put time and effort into tending weak ties, and how it can be impossible to keep up with them all. Personally, I also find it difficult to keep up with my strong ties. I’m a great “pick up where we left off” friend, as are most of the people closest to me (makes sense, right?). I’m decidedly sub-awesome, however, at being in constant contact with more than a few people at a time.
  • the devolution of friendship. As I explain over the course of this essay, I link the devolution of friendship to—but do not “blame” it on—the affordances of various social networking platforms, especially (but not exclusively) so-called “frictionless sharing” features.
  • I’m using the word here in the same way that people use it to talk about the devolution of health care. One example of devolution of health care is some outpatient surgeries: patients are allowed to go home after their operations, but they still require a good deal of post-operative care such as changing bandages, irrigating wounds, administering medications, etc. Whereas before these patients would stay in the hospital and nurses would perform the care-labor necessary for their recoveries, patients must now find their own caregivers (usually family members or friends; sometimes themselves) to perform free care-labor. In this context, devolution marks the shift of labor and responsibility away from the medical establishment and onto the patient; within the patient-medical establishment collaboration, the patient must now provide a greater portion of the necessary work. Similarly, in some ways, we now expect our friends to do a greater portion of the work of being friends with us.
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  • Through social media, “sharing with friends” is rationalized to the point of relentless efficiency. The current apex of such rationalization is frictionless sharing: we no longer need to perform the labor of telling our individual friends about what we read online, or of copy-pasting links and emailing them to “the list,” or of clicking a button for one-step posting of links on our Facebook walls. With frictionless sharing, all we have to do is look, or listen; what we’ve read or watched or listened to is then “shared” or “scrobbled” to our Facebook, Twitter, Tumblr, or whatever other online profiles. Whether we share content actively or passively, however, we feel as though we’ve done our half of the friendship-labor by ‘pushing’ the information to our walls, streams, and tumblelogs. It’s then up to our friends to perform their halves of the friendship-labor by ‘pulling’ the information we share from those platforms.
  • We’re busy people; we like the idea of making one announcement on Facebook and being done with it, rather than having to repeat the same story over and over again to different friends individually. We also like not always having to think about which friends might like which stories or songs; we like the idea of sharing with all of our friends at once, and then letting them sort out amongst themselves who is and isn’t interested. Though social media can create burdensome expectations to keep up with strong ties, weak ties, and everyone in between, social media platforms can also be very efficient. Using the same moment of friendship-labor to tend multiple friendships at once kills more birds with fewer stones.
  • sometimes we like the devolution of friendship. When we have to ‘pull’ friendship-content instead of receiving it in a ‘push’, we can pick and choose which content items to pull. We can ignore the baby pictures, or the pet pictures, or the sushi pictures—whatever it is our friends post that we only pretend to care about
  • I’ve been thinking since, however, on what it means to view our friends as “generalized others.” I may now feel like less of like “creepy stalker” when I click on a song in someone’s Spotify feed, but I don’t exactly feel ‘shared with’ either. Far as I know, I’ve never been SpotiVaguebooked (or SubSpotified?); I have no reason to think anyone is speaking to me personally as they listen to music, or as they choose not to disable scrobbling (if they make that choice consciously at all). I may have been granted the opportunity to view something, but it doesn’t follow that what I’m viewing has anything to do with me unless I choose to make it about me. Devolved friendship means it’s not up to us to interact with our friends personally; instead it’s now up to our friends to make our generalized broadcasts personal.
  • While I won’t go so far as to say they’re definitely ‘problems,’ there are two major things about devolved friendship that I think are worth noting. The first is the non-uniform rationalization of friendship-labor, and the second is the depersonalization of friendship-labor.
  • In short, “sharing” has become a lot easier and a lot more efficient, but “being shared with” has become much more time-consuming, demanding, and inefficient (especially if we don’t ignore most of our friends most of the time). Given this, expecting our friends to keep up with our social media content isn’t expecting them to meet us halfway; it’s asking them to take on the lion’s share of staying in touch with us. Our jobs (in this role) have gotten easier; our friends’ jobs have gotten harder.
  • The second thing worth noting is that devolved friendship is also depersonalized friendship.
  • Personal interaction doesn’t just happen on Spotify, and since I was hoping Spotify would be the New Porch, I initially found Spotify to be somewhat lonely-making. It’s the mutual awareness of presence that gives companionate silence its warmth, whether in person or across distance. The silence within Spotify’s many sounds, on the other hand, felt more like being on the outside looking in. This isn’t to say that Spotify can’t be social in a more personal way; once I started sending tracks to my friends, a few of them started sending tracks in return. But it took a lot more work to get to that point, which gets back to the devolution of friendship (as I explain below).
  • Within devolved friendship interactions, it takes less effort to be polite while secretly waiting for someone to please just stop talking.
  • When we consider the lopsided rationalization of ‘sharing’ and ‘shared with,’ as well as the depersonalization of frictionless sharing and generalized broadcasting, what becomes clear is this: the social media deck is stacked in such a way as to make being ‘a self’ easier and more rewarding than being ‘a friend.’
  • It’s easy to share, to broadcast, to put our selves and our tastes and our identity performances out into the world for others to consume; what feedback and friendship we get in return comes in response to comparatively little effort and investment from us. It takes a lot more work, however, to do the consumption, to sift through everything all (or even just some) of our friends produce, to do the work of connecting to our friends’ generalized broadcasts so that we can convert their depersonalized shares into meaningful friendship-labor.
  • We may be prosumers of social media, but the reward structures of social media sites encourage us to place greater emphasis on our roles as share-producers—even though many of us probably spend more time consuming shared content than producing it. There’s a reason for this, of course; the content we produce (for free) is what fuels every last ‘Web 2.0’ machine, and its attendant self-centered sociality is the linchpin of the peculiarly Silicon Valley concept of “Social” (something Nathan Jurgenson and I discuss together in greater detail here). It’s not super-rewarding to be one of ten people who “like” your friend’s shared link, but it can feel rewarding to get 10 “likes” on something you’ve shared—even if you have hundreds or thousands of ‘friends.’ Sharing is easy; dealing with all that shared content is hard.
  • t I wonder sometimes if the shifts in expectation that accompany devolved friendship don’t migrate across platforms and contexts in ways we don’t always see or acknowledge. Social media affects how we see the world—and how we feel about being seen in the world—even when we’re not engaged directly with social media websites. It’s not a stretch, then, to imagine that the affordances of social media platforms might also affect how we see friendship and our obligations as friends most generally.
dicindioha

Breitbart's James Delingpole says reef bleaching is 'fake news', hits peak denial | Gra... - 0 views

  • It takes a very special person to label the photographed, documented, filmed and studied phenomenon of mass coral bleaching on the Great Barrier Reef “fake news”.
  • It also helps if you can hide inside the bubble of the hyper-partisan Breitbart media outlet, whose former boss is the US president’s chief strategist.
  • So our special person is the British journalist James Delingpole who, when he’s not denying the impacts of coral bleaching, is denying the science of human-caused climate change, which he says is “the biggest scam in the history of the world”.
    • dicindioha
       
      oh dear...
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  • When we talk about the reef dying, what we are talking about are the corals that form the reef’s structure – the things that when in a good state of health can be splendorous enough to support about 69,000 jobs in Queensland and add about $6bn to Australia’s economy every year.
  • The Great Barrier Reef has suffered mass coral bleaching three times – in 1998, 2002 and 2016 – with a fourth episode now unfolding. The cause is increasing ocean temperatures.
  • So it seems we are now at a stage where absolutely nothing is real unless you have seen it for yourself,
  • Senator Pauline Hanson and her One Nation climate science-denying colleagues tried to pull a similar stunt last year by taking a dive on a part of the reef that had escaped bleaching and then claiming this as proof that everything was OK everywhere else.
  • Corals bleach when they are exposed to abnormally high ocean temperatures for too long. Under stress, the corals expel the algae that give them their colour and more of their nutrients.
  • After the 2016 bleaching, a quarter of all corals on the reef, mostly located in the once “pristine” northern section, died before there was a chance for recovery.
  • Essentially, the study found the only measure that would give corals on the reef a fighting chance was to rapidly reduce greenhouse gas emissions.
  • Some commentators have suggested a key cause of the 2016 bleaching was the El Niño weather pattern that tends to deliver warmer global temperatures. But Hughes says that before 1998, the Great Barrier Reef went through countless El Niños without suffering the extensive mass bleaching episodes that are being seen, photographed, filmed and documented now.
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    This frustrates me enormously. When there is evidence of bleaching of the coral and the impact of global warming on this coral, I don't understand how people can say this is fake news. It seems the US, at least, will not be helping fix this problem, but the whole world is at fault for this, and we should be a part of fixing it.
Javier E

Macro Manners - NYTimes.com - 0 views

  • Simon Wren-Lewis worries whether he has been too rude toward policy makers who forced a turn toward austerity in 2010, helping to derail recovery in advanced countries.
  • objectively there’s every reason to be very angry: policy makers threw out everything we’ve learned about business cycles these past 80 years in favor of doctrines that made them feel comfortable — and millions of workers paid the price.
  • should we cut them some slack nonetheless?
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  • This is basically an operational question; as Mark says, the goal is to change minds — although the big question there is whether you’re trying to change the minds of the policy makers themselves, or the minds of other people, so we can get a new and better set of policy makers.
  • it matters what niche you yourself fill in the intellectual ecology. Insider-type positions, like that of being the senior economist at the IMF, require tact and euphemisms. Outsider positions, like that of being an iconoclastic columnist at the New York Times, require a lot of effort to get peoples’ attention.
nolan_delaney

How to be good at stress | ideas.ted.com - 0 views

  • He dedicated his career to identifying what distinguishes people who thrive under stress from those who are defeated by it. The ones who thrive, he concluded, are those who view stress as inevitable, and rather than try to avoid it, they look for ways to engage with it, adapt to it, and learn from it.
  • what is new is how psychology and neuroscience have begun to examine this truism. Research is beginning to reveal not only why stress helps us learn and grow, but also what makes some people more likely to experience these benefits.
  • . But the stress response doesn’t end when your heart stops pounding. Other stress hormones are released to help you recover from the challenge. These stress-recovery hormones include DHEA and nerve growth factor, both of which increase neuroplasticity. In other words, they help your brain learn from experience
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  • . DHEA is classified as a neurosteroid; in the same way that steroids help your body grow stronger from physical exercise, DHEA helps your brain grow stronger from psychological challenges. For several hours after you have a strong stress response, the brain is rewiring itself to remember and learn from the experience. Stress leaves an imprint on your brain that prepares you to handle similar stress the next time you encounter it.
  • Psychologists call the process of learning and growing from a difficult experience stress inoculation. Going through the experience gives your brain and body a kind of stress vaccine. This is why putting people through practice stress is a key training technique for NASA astronauts, Navy SEALS, emergency responders and elite athletes, and others who have to thrive under high levels of stress.
  • . (This is part of what makes the science of stress so fascinating, and also so puzzling.
  • Higher levels of cortisol have been associated with worse outcomes, such as impaired immune function and depression. In contrast, higher levels of DHEA—the neurosteroid—have been linked to reduced risk of anxiety, depression, heart disease, neurodegeneration and other diseases we typically think of as stress-related.
  • An important question, then, is: How do you influence your own — or somebody else’s — growth index?
  • This mindset can actually shift your stress physiology toward a state that makes such a positive outcome more likely, for example by increasing your growth index and reducing harmful side effects of stress such as inflammation.
  • Other studies confirm that viewing a stressful situation as an opportunity to improve your skills, knowledge or strengths makes it more likely that you will experience stress inoculation or stress-related growth. Once you appreciate that going through stress makes you better at it, it gets easier to face each new challenge. And the expectation of growth sends a signal to your brain and body: get ready to learn something, because you can handle this.
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    Good timing for an article about stress considering we are taking exams this week.  New physiology studies suggest that your brain releases a growth hormone  after a stressful experience (that is like steroid for the brain) that temporarily increases your ability to learn.   Interesting to think just how this trait/hormone was evolved...
Javier E

Biker Gangs, Tamir Rice, And The Rise Of White Fragility - 0 views

  • The most dangerous uprising that's threatening America's stability isn't black protests in places like Ferguson or Baltimore. It's taking place among an aging white majority that is losing its bearing on reality and destroying the gears of government, media and public welfare. At its center is an inexplicable, illogical and dangerous fear that some sociologists are now defining as white fragility.
  • In her 2011 academic pedagogical analysis titled “White Fragility,” DiAngelo goes into a detailed explanation of how white people in North America live in insulated social and media spaces that protect them from any race-based stress. This privileged fragility leaves them unable to tolerate any schism or challenge to a universally accepted belief system. Any shift away from that (like a biracial African-American president) triggers a deep and sustaining panic. Racial segregation, disproportionate representation in the media, and many other factors serve as the columns that support white fragility
  • misunderstanding was caused by misidentification of what white privilege and power means. Privilege doesn’t mean automatic wealth and health. What “white privilege” means is that society is rooting for one particular segment of the population to succeed over all others, and has installed a disproportionately high amount of institutional and psychological helpers every step of the way.
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  • “Part of white fragility is to assume that when we talk about racism, we are calling someone out as being individually a racist,” he said. “So if you say we're going to talk about racism, white people think you're going to call them a name. But for most people of color it's a system. And we're talking about dealing with a structure so the real problem is the system.”
  • When separate groups of people are using the same word with different implied meanings then problems will persist.
  • When it comes to racism and increased segregation, both Wise and DiAngelo noted that there seems to be this rigid unwillingness to address any inequality, because it would upset the very people who are both benefiting from the injustice and refusing to acknowledge its existence.
  • The fear is that if someone seeks to define and fix racism, many white people feel like they’re being directly attacked. So instead of waiting for the attack, white fragility promotes protection by putting punitive restrictions on “the others.”
  • The Obama era has been an interesting petri dish of white fragility. On the heels of a moderate economic recovery, we’ve seen sweeping new state laws aimed at social issues: voting rights restrictions, defunding of Planned Parenthood, anti-gay legislation, Stand Your Ground bills, and restrictive union laws to weaken their bargaining power. These laws have resulted in a rollback of rights for minorities, women, the LGBT movement, and the working class.
  • The strangest thing about white fragility politics is that the detrimental policy results are spread out across race and class. Yet, the political results for the conservative movement priming the pump of white fragility and rage is election victories. And why should they change when they can get large sections of an aging white population to consistently vote for policies proven to statistically hurt their economic chances, personal health, their children’s education, and their very safety?
  • These are not rational decisions. These are fear-based politics that create avoidable disasters in which all suffer. This new wave of segregation fear is surging across the country. In response to the continued white fragility panic of 2008, conservative political movements are set to capitalize on the cycles of manufactured hysteria. “We are watching the repeal of the 20th century,” Wise said.
  • When I asked Wise and DiAngelo to give me something hopeful for the future, they both gave me a bleak picture. When I suggested that more facts and evidence could sway people, they disagreed. “People who are deeply committed to a world view don’t change their opinions when confronted with new facts,” Wise said. “Oddly enough, new facts cause them to dig in more deeply.”
Javier E

Mind - Past Adversity May Aid Emotional Recovery - NYTimes.com - 0 views

  • “As with so many of life’s experiences, humans are simply not very good at predicting how they’ll behave when hit by a real adversity,”
  • no one can reliably predict who will move on quickly and who will lapse into longer-term despair.
  • the number of life blows a person has taken may affect his or her mental toughness more than any other factor.
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  • “Each negative event a person faces leads to an attempt to cope, which forces people to learn about their own capabilities, about their support networks — to learn who their real friends are. That kind of learning, we think, is extremely valuable for subsequent coping,” up to a point.
  • A subset of the participants, 194, reported that they had experienced not one of the fairly comprehensive list of 37 events on the survey. “We wondered: Who are these people who have managed to go through life with nothing bad happening to them?”
  • Dr. Cohen Silver said. “Are they hyper-conscientious? Socially isolated? Just young? Or otherwise unique?” They weren’t, the researchers found. Stranger still, they were not the most satisfied with their lives. Their sense of well-being was about the same, on average, as people who had suffered up to a dozen memorable blows.
  • It was those in the middle, those reporting two to six stressful events, who scored highest on several measures of well-being, and who showed the most resilience in response to recent hits.
Duncan H

It's Consumer Spending, Stupid - NYTimes.com - 0 views

  • using business profits to increase productivity and output — doesn’t actually drive economic growth. Consumer debt and government spending do. Private investment isn’t even necessary to promote growth.
  • Economists will tell you that private business investment causes growth because it pays for the new plant or equipment that creates jobs, improves labor productivity and increases workers’ incomes. As a result, you’ll hear politicians insisting that more incentives for private investors — lower taxes on corporate profits — will lead to faster and better-balanced growth.
  • But history shows that this is wrong.
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  • President George W. Bush’s tax cuts had similar effects between 2001 and 2007: real growth in the absence of new investment.
  • over the course of the last century, net business investment atrophied while G.D.P. per capita increased spectacularly. And the source of that growth? Increased consumer spending, coupled with and amplified by government outlays.
  • Between 1900 and 2000, real gross domestic product per capita (the output of goods and services per person) grew more than 600 percent. Meanwhile, net business investment declined 70 percent as a share of G.D.P. What’s more, in 1900 almost all investment came from the private sector — from companies, not from government — whereas in 2000, most investment was either from government spending (out of tax revenues) or “residential investment,” which means consumer spending on housing, rather than business expenditure on plants, equipment and labor.
  • According to the Organization for Economic Cooperation and Development, retained corporate earnings that remain uninvested are now close to 8 percent of G.D.P., a staggering sum in view of the unemployment crisis we face.
  • So corporate profits do not drive economic growth — they’re just restless sums of surplus capital, ready to flood speculative markets at home and abroad. In the 1920s, they inflated the stock market bubble, and then caused the Great Crash. Since the Reagan revolution, these superfluous profits have fed corporate mergers and takeovers, driven the dot-com craze, financed the “shadow banking” system of hedge funds and securitized investment vehicles, fueled monetary meltdowns in every hemisphere and inflated the housing bubble.
  • we doubt the moral worth of consumer culture. Like the abstemious ant who scolds the feckless grasshopper as winter approaches, we think that saving is the right thing to do. Even as we shop with abandon, we feel that if only we could contain our unruly desires, we’d be committing ourselves to a better future. But we’re wrong.
  • Consumer spending is not only the key to economic recovery in the short term; it’s also necessary for balanced growth in the long term. If our goal is to repair our damaged economy, we should bank on consumer culture — and that entails a redistribution of income away from profits toward wages, enabled by tax policy and enforced by government spending.
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