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edencottone

Trump's disastrous end to his shocking presidency - CNNPolitics - 0 views

  • President Donald Trump is leaving America in a vortex of violence, sickness and death and more internally estranged than it has been for 150 years.
  • Hospitals are swamped and medical workers are shattered amid a faltering rollout of the vaccine supposed to end the crisis.
  • It took 200 years for the country to rack up its first two presidential impeachments.
    • edencottone
       
      made history but in a bad way. This president is deserving of the 2 impeachments
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  • Trump's malfeasance has led the country down that awful, divisive path twice in just more than a year.
    • edencottone
       
      though this line is opinionated I agree
  • The city Trump has called home for four years is being turned into an armed camp incongruous with the mood of joy and renewal that pulsates through most inaugurations.
  • In a symbol of a democracy under siege, the people's buildings -- the White House and the US Capitol -- are caged behind ugly iron and cement barriers.
    • edencottone
       
      a threat to our democracy
  • eight days
  • unintended irony, Biden's team has picked "America United"
  • It is becoming ever more obvious that the horrific scenes on Capitol Hill on Wednesday were not a one-off.
  • In a chilling new warning, the FBI revealed the possible next stage in this now nationwide wave of radicalization, saying armed protests were planned at state Capitols in all 50 states between January 16 and Inauguration Day, January 20.
  • Former FBI Deputy Director Andrew McCabe was shocked by the magnitude of the bureau's intelligence on possible new violence.
  • "I don't think in the entire scope of my career working counter terrorism issues for many, many years, I don't think I ever saw a bulletin go out that concerned armed protest activity in 50 states in a three- or four-day period,"
    • edencottone
       
      we are in uncharted territory
  • he was not afraid of taking the oath of office outside next week
  • So far, after a massive domestic terror attack on the citadel of US democracy, there has been no major public briefing by any major federal law enforcement agency or the White House, an omission that fosters a sense of an absent government
  • By contrast, senior officials from the outgoing Bush administration and the incoming Obama administration worked closely together in the Situation Room on January 20, 2009, when there was concern about the authenticity of terror threat to the inauguration.
  • current atmosphere of fear and wild political insurrection
  • Momentum towards impeachment is now all but unstoppable
  • hinted at the insincerity of the Republican approach.
  • With a few exceptions, Republicans -- who indulged and in many cases supported Trump's blatantly false claims of electoral fraud for weeks -- have responded to the uproar over last week's Capitol attack by complaining that by pushing impeachment, Democrats are fracturing national unity.
    • edencottone
       
      good that they now acknowledge however should have been done much earlier
  • His comment eerily recalled the rationalizations of Republicans who declined to convict Trump in his first impeachment trial after he tried to get Ukraine to interfere in the election to damage Biden.
  • "Face the Nation."
  • has emerged from many dark periods since the Civil War
    • edencottone
       
      we can do it again
  • Trump has not appeared in public for days.
  • The virus is meanwhile running rampant. Eleven states and Washington, DC, just recorded their highest 7-day average of new cases of Covid-19 since the pandemic began. For the first time, the country is averaging over 3,000 deaths from the pandemic per day.
  • hopes that the nation could soon turn a corner are being tempered by the glitches in the vaccine roll out.
ilanaprincilus06

Civil Rights Office At HHS Fights Discrimination Of Disabled People In Pandemic : NPR - 0 views

  • Civil rights officials at the Department of Health and Human Services issued a series of actions to protect people with disabilities from health care discrimination by medical providers during the pandemic.
  • start of a process to write regulations that explicitly prohibit medical workers from denying care to people with disabilities
  • to assure that people with disabilities and older people are not passed over for scarce care, like drug treatments and ventilator
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  • "People will not be subject to age or disability discrimination when the going gets tough."
  • The new OCR action makes clear that doctors cannot issue a blanket DNR and cannot substitute their subjective beliefs about the quality of a disabled person's life over the person's own wishes.
  • "that discrimination against persons with disabilities will be absolutely forbidden and stereotypes about their usefulness should never be part of a discussion when we allocate care."
  • it would become a significant expansion of disability civil rights law.
  • But a final rule exists in draft form, according to a source at HHS, with hopes that new Biden Administration officials will pick it up.
  • include language to guarantee doctors will not pressure patients to sign Do Not Resuscitate orders and not exclude people from treatment based on their disability alone.
  • The steps taken by OCR to stop medical discrimination reflect the findings of a series of papers on bioethics and disability, issued by the National Council on Disability,
  • "Disability discrimination in health care is among the most insidious — with life and death consequences — and it's hard to root out,"
  • "sends an unequivocally clear message that we will not accept health care that relegates people with disabilities to last in line or 'lost cause.'"
cvanderloo

Uganda Election: President Yoweri Museveni Declared Winner As Bobi Wine Alleges Fraud : NPR - 1 views

  • Uganda's President Yoweri Museveni has won a sixth term in office, fighting off a challenge by former singer Bobi Wine
  • Wine's run drew many young Ugandans to pay attention to politics.
  • Museveni received 58% of the vote to 34% for Wine
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  • Wine is alleging that votes were rigged
  • Ahead of the vote, Museveni's government shut down social media outlets in Uganda
  • Wine said that security forces were not allowing anyone in or out of his home, and he urged Ugandans to reject the results.
  • called Uganda's electoral process "fundamentally flawed," citing "authorities' denial of accreditation to election observers, violence and harassment of opposition figures" and the arrest of civil service organization workers.
  • The election has been closely watched because of Wine's appeal to younger voters — a crucial strength in a country with one of the youngest populations in the world, where more than two-thirds of the population is under age 30.
  • Wine sought to replace one of Africa's longest-tenured leaders with one of its youngest, hoping to make a generational shift that would be felt across the continent.
  • This week, Wine said the military had killed his driver and that his home was raided.
  • Wine himself was arrested in November, sparking large protests during which dozens of people died.
  • A recent Gallup poll found that only around a third of respondents in Uganda said they're confident in the honesty of their country's elections.
  • "Uganda has never witnessed a peaceful transfer of power since gaining its independence in 1962."
  • But Wine is alleging that the vote was rigged, as election officials face questions over how results were tallied amid an Internet blackout, according to the AP.
  • In an interview with NPR, Wine said security forces were not allowing anyone in or out of his home, and he urged Ugandans to reject the results.
  • Wine became a pop star with music that blends Afrobeat with sounds borrowed from reggae and dancehall.
  • He then turned toward politics, winning a seat in parliament.
  • Museveni recently told NPR that he views pro-Wine demonstrators as "agents of foreign schemes."
  • This week, as ballots were being counted and the outcome of the 2021 vote hung in the balance, there were worries about what a transition of leaders might look like in the former British colony.
aprossi

Joe Biden wrests control of Donald Trump's spotlight and makes first big bet of presidency - CNNPolitics - 0 views

  • Biden wrests control of Trump's spotlight and makes first big bet of presidency
  • a $1.9 trillion plan to end the pandemic, save the economy and revive the weakened heartbeat of a nation.
  • he will take the oath of office amid soaring fears of violence by pro-Trump extremists, which will mean the National Mall will be empty of its carnival crowds of thousands who traditionally witness the sacred transfer of presidential power.
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  • It also gave him the chance to set out the dire state of the nation he will lead in just five days and to establish a baseline from which to manage the expectations on which he will be judged.
  • The President-elect's initiative is packed with extended unemployment benefits, rental assistance, aid to small businesses and $1,400 more in stimulus payments, in addition to the $600 already appropriated. Biden wants billions of new spending to help schools open, $20 billion for a national vaccine plan and $50 billion for expanding coronavirus testing and plans to hire an army of 100,000 public health workers.
  • Biden proposes $1.9 trillion vaccination and economic rescue legislative package
  • Biden puts $2,000 stimulus payments back in play
  • Biden taps Lisa Monaco as homeland security adviser to inauguration amid rising threats
  • MAP: Full presidential election results
  • which has killed at least 387,000 Americans.
  • No new commander in chief since Franklin Roosevelt in 1933 has faced a tougher baptism of crises than Biden
  • The Trump administration had promised it would vaccinate some 20 million people by the end of 2020, but so far Operation Warp Speed has been able to get only about 10 million doses out to state and local governments
  • 100 million shots over his first 100 days.
clairemann

Why some people like wearing masks - BBC Worklife - 0 views

  • Some people welcome face coverings for reasons ranging from the convenient and expedient to the more complex and psychological. But is this a helpful coping mechanism?
  • Since I've been wearing the mask, my awkward interactions with friends and family have significantly reduced,” he says. Now, he goes to the shops whenever he wants, without worrying about whom he might see. He hopes that, even after the pandemic ends, it will still be socially acceptable to wear a mask.
  • Some welcome the way face coverings reduce or change interactions that might otherwise spark social anxiety. But is this a helpful coping mechanism – and what happens when the pandemic comes to an end?
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  • They have ditched their old makeup and shaving routines and are saving money, time and stress. Others have discovered that hiding their mouths affords them unexpected freedoms. Some restaurant servers and retail workers say they no longer feel obliged to fake-smile at customers, potentially lifting the burden of emotional labour.
  • “During a pandemic, we’re under severe stress, and whether you’re worrying about your appearance or you’re worried about someone harassing you or whistling at you, the masks can provide a respite from those things that can occupy our mind when we’re out in public. You have more freedom to be meditating or thinking about whatever you want.”
  • “Anonymity carries power,” adds Ramani Durvasula, a clinical psychologist and psychology professor at California State University, Los Angeles. “It can feel like trying on a different ‘role’ and the associated expectations of that role, perhaps freeing us of what can feel exhausting and insincere about smiling (especially when we aren't having a good day).”
  • “For introverts, it can feel great that you don’t have to talk to people you don’t know that well, but in the long run, when you get out of your comfort zone and challenge yourself… [you might form] a really fulfilling or positive relationship,”
  • Think back to the last time you failed or made an important mistake. Do you still blush with shame, and scold yourself for having been so stupid or selfish? Do you tend to feel alone in that failure, as if you were the only person to have erred? Or do you accept that error is a part of being human, and try to talk to yourself with care and tenderness?
  • “Most of us have a good friend in our lives, who is kind of unconditionally supportive,” says Kristin Neff, an associate professor of educational psychology at the University of Texas at Austin, who has pioneered this research. “Self-compassion is learning to be that same warm, supportive friend to yourself.”
Javier E

Opinion | Why a Digital Diary Will Change Your Life - The New York Times - 0 views

  • At first, my plan was to do what I always do when I see something halfway noteworthy, which is to tell a few hundred thousand people on Twitter, Facebook, Instagram or, in my lowest moments, even LinkedIn.
  • Smartphones and social networks have turned me into a lonely, needy man who requires constant affirmation. In desperate pursuit of such affirmation, my mind has come to resemble one of those stamping-machine assembly lines you see in cartoons, but for shareable content: The raw, analog world in all its glory enters via conveyor belt on one end, and, after some raucous puffs of smoke, it gets flattened and packaged in my head into insipid quips meant to inspire you to tap a tiny heart on a screen.
  • instead of sharing the silly lampshade joke, I journaled it in Day One, a magnificent digital diary app that has transformed my relationship with my phone, improved my memory, and given me a deeper perspective on my life than the one I was getting through the black mirror of social media.
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  • In recent years, Twitter and much of the rest of the internet have been getting hotter, more reflexively outraged, less fun. Venturing onto social media these days, I often feel like a cat burglar stepping through a field of upturned rakes. I could imagine my dumb joke getting picked apart for all the ways it was problematic — “New York Times writer casually encourages bestial sexual assault! #deertoo” — bringing me ever closer to cancellation.
  • Think of Day One as a private social network for an audience of one: yourself.
  • You post updates to it just as you might on Instagram or Facebook.
  • The app — which runs on Macs, iPhones and iPads, syncing your entries between your devices — can handle long text journals, short picture-focused status updates, and pretty much anything else that comes across the digital transom.
  • I use it to jot down my deepest thoughts and shallowest jokes; to rant and to vent; to come to terms with new ideas I’m playing with, ideas that need time to marinate in secret before they’re ready for the world; and to collect and reflect upon all the weird and crazy and touching artifacts of life
  • It’s unsocial. Indeed, it’s downright antisocial. Nothing about the app is meant to be shared — it is protected with your Apple security credentials and backs up its data to the cloud using end-to-end encryption, so that the only way someone can get into your diary is by getting hold of your device and your system passcode.
  • Day One creates something so rare it feels almost sacred: A completely private digital space.
  • The best way to describe this feeling is to liken it to friendship. I feel comfortable dishing to Day One the way I would to a close friend I trust completely.
  • one of the few digital spaces that provides you mental space for contemplation and consideration
  • journaling has been shown to be good for mind and body, reducing stress and anxiety, improving interpersonal relationships, and promoting creativity
  • a digital journal offers several benefits over paper. Easy accessibility is a big one
  • you can tap out a journal while you’re in line at the supermarket
  • because so much happens on screens now, Day One offers greater fidelity to daily life. Instead of describing the insane conversation I had with my co-worker, I can just post a screenshot.
  • photography, which adds emotional heft to the rigidity of text.
huffem4

The Not-So-Soft Bigotry of COVID Indifference - The Bulwark - 1 views

  • s the coronavirus pandemic continues to cut a wide swath through American communities, many have started to ignore it or, worse, rationalize the country’s mounting losses as a “sad but unavoidable” fact of life.
  • the pandemic has disproportionately affected populations that are mostly out of sight and mind for the majority of Americans: elderly in care homes, minorities, farm and food workers, and prisoners.
  • More alarming is the sentiment that these deaths are a price worth paying to get the economy reopened since the elderly in nursing homes already face low life expectancies.
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  • Blacks and Hispanics are nearly five times more likely to be hospitalized with COVID-19 than whites are, and death rates among African Americans are more than double those of whites.
  • it’s hard to escape the conclusion that the majority of America has concluded that these groups—the poor, the minority, the imprisoned, and the elderly—are the “acceptable” losses. Were the situation reversed and the white, middle aged, and middle/upper classes the primary victims of the pandemic—one of the features of the 1918 influenza—COVID-19 would be a true national emergency and there would be far less complaining about disrupted schools, work, and social life brought about by social distancing requirements and economic shutdowns.
pier-paolo

Computers Already Learn From Us. But Can They Teach Themselves? - The New York Times - 0 views

  • We teach computers to see patterns, much as we teach children to read. But the future of A.I. depends on computer systems that learn on their own, without supervision, researchers say.
  • When a mother points to a dog and tells her baby, “Look at the doggy,” the child learns what to call the furry four-legged friends. That is supervised learning. But when that baby stands and stumbles, again and again, until she can walk, that is something else.Computers are the same.
  • ven if a supervised learning system read all the books in the world, he noted, it would still lack human-level intelligence because so much of our knowledge is never written down.
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  • upervised learning depends on annotated data: images, audio or text that is painstakingly labeled by hordes of workers. They circle people or outline bicycles on pictures of street traffic. The labeled data is fed to computer algorithms, teaching the algorithms what to look for. After ingesting millions of labeled images, the algorithms become expert at recognizing what they have been taught to see.
  • There is also reinforcement learning, with very limited supervision that does not rely on training data. Reinforcement learning in computer science,
  • is modeled after reward-driven learning in the brain: Think of a rat learning to push a lever to receive a pellet of food. The strategy has been developed to teach computer systems to take actions.
  • A more inclusive term for the future of A.I., he said, is “predictive learning,” meaning systems that not only recognize patterns but also p
  • redict outcomes and choose a course of action. “Everybody agrees we need predictive learning, but we disagree about how to get there,”
  • My money is on self-supervised learning,” he said, referring to computer systems that ingest huge amounts of unlabeled data and make sense of it all without supervision or reward. He is working on models that learn by observation, accumulating enough background knowledge that some sort of common sense can emerge.
  • A huge fraction of what we do in our day-to-day jobs is constantly refining our mental models of the world and then using those mental models to solve problems,” he said. “That encapsulates an awful lot of what we’d like A.I. to do.”Image
  • Currently, robots can operate only in well-defined environments with little variation.
  • “Our working assumption is that if we build sufficiently general algorithms, then all we really have to do, once that’s done, is to put them in robots that are out there in the real world doing real things,”
pier-paolo

Opinion | The Smile of Reason - The New York Times - 0 views

  • hey say Voltaire glowed with the smile of reason, and Friedman did too. And while I never became a libertarian as he was, the encounter was one of the turning points in my life. It opened new ways of seeing the world and was an exhilarating demonstration of the power of ideas.
  • He was proudest of his contributions to technical economics, but he also possessed that rarest of gifts, a practical imagination, and was a fountain of concrete policy ideas.
  • Friedman’s trek from the intellectual wilderness to global influence is one of the most exhilarating exodus stories of our time
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  • Friedman roared with approving laughter. He believed in clear language, and as Samuel Brittan has noted, preferred the spoken to the written word.
  • because classical economics is under its greatest threat in a generation. Growing evidence suggests average workers are not seeing the benefits of their productivity gains — that the market is broken and requires heavy government correction. Friedman’s heirs have been avoiding this debate. They’re losing it badly and have offered no concrete remedies to address this problem, if it is one.
huffem4

My White Friend Asked Me on Facebook to Explain White Privilege. I Decided to Be Honest - Yes! Magazine - 1 views

  • I realized many of my friends—especially the white ones—have no idea what I’ve experienced/dealt with unless they were present (and aware) when it happened. There are two reasons for this: 1) because not only as a human being do I suppress the painful and uncomfortable in an effort to make it go away, I was also taught within my community (I was raised in the ’70s and ’80s—it’s shifted somewhat now) and by society at large NOT to make a fuss, speak out, or rock the boat. To just “deal with it,” lest more trouble follow (which, sadly, it often does); 2) fear of being questioned or dismissed with “Are you sure that’s what you heard?” or “Are you sure that’s what they meant?” and being angered and upset all over again by well-meaning-but-hurtful and essentially unsupportive responses.
  • the white privilege in this situation is being able to move into a “nice” neighborhood and be accepted not harassed, made to feel unwelcome, or prone to acts of vandalism and hostility.
  • if you’ve never had a defining moment in your childhood or your life where you realize your skin color alone makes other people hate you, you have white privilege.
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  • if you’ve never been ‘the only one’ of your race in a class, at a party, on a job, etc. and/or it’s been pointed out in a “playful” fashion by the authority figure in said situation, you have white privilege.
  • if you’ve never been on the receiving end of the assumption that when you’ve achieved something it’s only because it was taken away from a white person who “deserved it,” you have white privilege.
  •  if no one has ever questioned your intellectual capabilities or attendance at an elite institution based solely on your skin color, you have white privilege
  • if you have never experienced or considered how damaging it is/was/could be to grow up without myriad role models and images in school that reflect you in your required reading material or in the mainstream media, you have white privilege
  • if you’ve never been blindsided when you are just trying to enjoy a meal by a well-paid faculty member’s patronizing and racist assumptions about how grateful black people must feel to be in their presence, you have white privilege
  • if you’ve never been on the receiving end of a boss’s prejudiced, uninformed “how dare she question my ideas” badmouthing based on solely on his ego and your race, you have white privilege
  • if you’ve never had to mask the fruits of your success with a floppy-eared, stuffed bunny rabbit so you won’t get harassed by the cops on the way home from your gainful employment (or never had a first date start this way), you have white privilege
  • if you’ve never had to rewrite stories and headlines or swap photos while being trolled by racists when all you’re trying to do on a daily basis is promote positivity and share stories of hope and achievement and justice, you have white privilege
  • As to you “being part of the problem,” trust me, nobody is mad at you for being white. Nobody. Just like nobody should be mad at me for being black. Or female. Or whatever. But what IS being asked of you is to acknowledge that white privilege DOES exist and not only to treat people of races that differ from yours “with respect and humor,” but also to stand up for fair treatment and justice, not to let “jokes” or “off-color” comments by friends, co-workers, or family slide by without challenge, and to continually make an effort to put yourself in someone else’s shoes, so we may all cherish and respect our unique and special contributions to society as much as we do our common ground.
runlai_jiang

BBC - Travel - The most ambitious country in the world? - 0 views

  • This ostensible lack of consideration hadn’t been my experience of Singapore thus far. Previously, construction workers had stopped their jackhammers as I walked past so as not to wake my sleeping baby. I’d had umbrellas offered to me when getting off the bus in the teeming rain. So why did getting into a lift seem like survival of the fittest?
  • Kiasu is a Hokkien (Chinese dialect) word that comes from ‘kia’, which means afraid, and ‘su’, which means to lose: fear of losing out. In 2007, the word was included in the Oxford English Dictionary, where it’s described as ‘…a grasping, selfish attitude’.
  • In practical terms, this means Singaporeans hate missing out and love a bargain.
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  • To his surprise, despite there being a mix of ethnicities and languages in Singapore’s multicultural army camps, the young officers managed to find common ground through military slang.
sanderk

Why the Coronavirus Could Threaten the U.S. Economy Even More Than China's - The New York Times - 0 views

  • After a string of deaths, some heart-stopping plunges in the stock market and an emergency rate cut by the Federal Reserve, there is reason to be concerned about the ultimate economic impact of the coronavirus in the United States.
  • Advanced economies like the United States are hardly immune to these effects. To the contrary, a broad outbreak of the disease in them could be even worse for their economies than in China. That is because face-to-face service industries — the kind of businesses that go into a tailspin when fearful people withdraw from one another — tend to dominate economies in high-income countries more than they do in China.
  • If people stay home from school, stop traveling and don’t go to sporting events, the gym or the dentist, the economic consequence would be worse
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  • With shortages of everything from auto parts to generic medicines and production delays in things like iPhones and Diet Coke, a great deal of pain is coming from the closing of Chinese factories. That proliferating damage has central banks and financial analysts talking about a global recession in the coming months.
  • As a baseline, several factors work against the United States. China’s authoritarian government can quarantine entire cities or order people off the streets in a way that would be hard to imagine in America, presumably giving China an advantage in slowing the spread of the disease. In addition, a large share of American workers lack paid sick days and millions lack health care coverage, so people may be less likely to stay home or to get proper medical care. And 41 percent of China’s population lives outside urban areas, more than twice the share in the United States. Diseases generally spread faster in urban areas.
  • When people pull back from interacting with others because of their fear of disease, the things they stop doing will frequently affect much bigger industries in the United States.
  • People may stop attending American sporting events. There have even been calls for the N.C.A.A. to play its March Madness college basketball tournament without an audience. But sports is a huge business in the United States. People spend upward of 10 times as much on sporting events as they do in China.
  • Who wants to go to the dentist or the hospital during an outbreak if a visit isn’t necessary? Yet health spending is 17 percent of the U.S. economy — more than triple the proportion spent in China.
  • But over all, the United States is substantially more reliant on services than China is.
  • A major coronavirus epidemic in the United States might be like a big snowstorm that shuts down most economic activity and social interaction only until the snow is cleared away. But the coronavirus could be a “Snowmaggedon-style storm” that hits the whole country and lasts for months.
johnsonel7

India's Economic Troubles Are Rooted in Politics - 0 views

  • ince the Great Recession that began in late 2007, there is a growing feeling that economics is not serving us well. There is truth to this hunch, but the reasons are more complex than most people realize.
  • Academic disciplines are built on assumptions; the most tried and tested of these are often enshrined as axioms. When economic policies go wrong, the standard practice is to rush to examine those axioms. Are some of them incorrect? Economists collate statistics, create new data using randomized trials, collect impressionistic information, and often come out with the conclusion that some of the established axioms are not quite right. Correct them, and one will get better predictions and better policy. Such an approach can work under normal circumstances, but when economic outcomes go deeply wrong, the problem may be more foundational: not in the axioms of the discipline but in the unstated assumptions—the “assumptions in the woodwork,” which all disciplines have and which we are usually unaware of.
  • Economists usually point to a few assumptions, such as self-interest (in particular, the urge to accumulate and consume more), the axiom of diminishing marginal utility (the fact that consuming more of the same good causes utility from each additional unit to decline), and so on. But these assumptions are in fact inadequate. Laboratory tests show that rats satisfy these axioms, too, but there is no evidence of trade among rats. For society to conduct trade, these economic assumptions need to be supplemented with other social and normative preconditions: We need language, the ability to communicate, and some minimal respect for others’ rights. These are the assumptions in the woodwork that economists are often unmindful of but play a vital role.
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  • India presents a striking example of the limitations of pure economics. From 2003 to 2011, the world’s largest democracy was growing at a phenomenal rate, exceeding 9 percent each year between 2005 and 2008. Even after 2011, it kept up a reasonable rate of growth. However, since 2018, the economy seems to be spinning into a crisis, with growth declining to 4.5 percent, consumption in India’s vast rural sector declining at rates not seen since the late 1960s, and the overall unemployment rate at a 45-year high. The 2018 Accidental Deaths and Suicides in India Report, recently released by the National Crime Records Bureau, highlights a stark mood of despair: Since 2017, there has been a noticeable rise in the relative share of suicides by daily wage earners. They are among the poorest people in the economic ladder, thereby suggesting a rise in poverty.
  • A recent Harvard Business Review paper shows that if a company’s workers have a sense of belonging, they improve their job performance by 56 percent, with a 50 percent drop in churn and a 75 percent reduction in sick days. For a 10,000-person company, this would result in annual savings of more than $52 million. Extrapolate this to a nation, and you get a sense of why nations where large segments feel excluded do poorly.
katherineharron

How can Boris Johnson run the UK while suffering from coronavirus? - CNN - 0 views

  • When British Prime Minister Boris Johnson announced on Friday morning that he had tested positive for coronavirus, he insisted that he would continue to head up his country's fight against the pandemic.
  • Isolating the Prime Minister is not that difficult, in itself. The Downing Street premises are actually considerably bigger than they look from the outside. Behind that famous black door at Number 10 lies a warren of rooms and offices that extend sideways into 11 and 12 Downing Street -- the three addresses are all that survive from a longer terrace constructed at the end of the 17th century -- and back into a much larger 18th-century building at the rear.
  • Meetings will take place via video conference. While this might sound unusual, some of Johnson's most important regular appointments had already stopped being personal interactions.
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  • Inside 10 Downing Street itself, considered a place of work more than a place of residence, the roughly 250-strong teams of civil servants and political advisers has been stripped back to only essential workers, with approximately 70 people on site at any given time. Johnson's official spokesperson said that inside No 10, staff had been "observing the advice on social distancing" and using video conferencing wherever possible.
katherineharron

Boris Johnson: UK Prime Minister tests positive for coronavirus - CNN - 0 views

  • Johnson announced his diagnosis in a remarkable video posted on social media, in which he said he would continue to lead the UK government's efforts from self-isolation in an apartment in Downing Street. Minutes later, his secretary of state for health, Matt Hancock, also said he had the virus and would work from home.
  • On Thursday evening, after displaying symptoms but before learning the result of his test, Johnson appeared outside 10 Downing Street with his chief finance minister, Rishi Sunak, taking part in a national moment of appreciation for the UK's health service workers. A Downing Street spokesperson said the pair were careful to remain at a safe distance.
  • "Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus," Johnson said in his Friday Twitter post. "I am now self-isolating, but I will continue to lead the government's response via video-conference as we fight this virus. Together we will beat this."
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  • Whitty, who has appeared alongside Johnson at many of the daily press conferences held at Downing Street in the past two weeks, said he would spend the next week at home. "After experiencing symptoms compatible with COVID-19 last night, in line with the guidance, I will be self-isolating at home for the next seven days. I will be continuing to advise the Government on the medical response to Coronavirus, supported by my deputies," Whitty wrote on his Twitter page.
sanderk

A coronavirus vaccine should be affordable by everyone - STAT - 0 views

  • As the coronavirus that causes COVID-19 spreads in more than 60 countries, the race to develop a vaccine to prevent the illness has taken on new urgency. In a meeting with CEOs of major drug companies this week, President Trump ramped up the pressure, suggesting that vaccines could come to market faster than the 12- to 18-month timeline most researchers think is realistic.
  • But while the Trump administration is pushing drug companies to meet faster timelines, it hasn’t addressed an equally urgent question: What will be done to ensure the vaccine is accessible for those who need it most?
  • Making vaccines available only to the rich is not just immoral, it’s also bad public health policy. We’ll want everyone, rich or poor, insured or not, to be protected from the new coronavirus. Protecting others helps to protect everyone.
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  • The final price of any vaccine should be one that governments of poor and rich countries alike can afford so all citizens can get it free at the point of care.
  • Without price controls, poor countries are unlikely to be able to afford or access enough vaccines to protect their populations.
  • A sad truth we have learned from past global pandemics is that poor people are hit first and worst. Vaccines are most urgently needed where health systems are fragile, and where the effects of this new coronavirus could be catastrophic.
  • Many countries lack the resources, infrastructure, and health care personnel to mount full-scale efforts to detect the virus and prevent it from spreading, meaning it will move quickly and easily among populations. In these settings, the number of cases is likely to grow exponentially, putting stress on already burdened health care workers and facilities and making it harder to provide timely care for those who are ill. Vaccines will be an important tool for preventing such a catastrophe.
  • For those with resources — rich countries and rich people — a vaccine would be valuable, one of several tools we will need to prevent the most serious effects of the new coronavirus. But for those who are poor or who live in poor countries, it may be essential. Without it, they will suffer disproportionately and unnecessarily.
  • To let a coronavirus vaccine be monopolized by the rich will perpetuate the unjust economics of outbreaks, where the poor always pay the heaviest price. Allowing this to happen would be a moral disgrace.
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.
sanderk

Trump says he expects the US economy will 'pop back like nobody's ever seen before' when the coronavirus pandemic is over | Markets Insider - 0 views

  • President Trump said in a press conference Tuesday that he expects the US to rebound when the coronavirus pandemic is over. 
  • "The best thing we can do is get rid of the virus. Once that's gone, it's going pop back like nobody's ever seen before," Trump said of the US economy. 
  • Markets have been roiled in recent weeks as the coronavirus spread. During the White House press conference Tuesday, the Dow Jones Industrial Average climbed as much as 1,000 points, rebounding from the worst rout since 1987
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  • Mnuchin also commented on US markets, saying that they will remain open for the time being instead of being closed as they were after the terrorist attacks in September 2001."We believe in keeping the markets open," Mnuchin told reporters during the press conference. "Everyone wants them open." 
  • Trump's administration also spoke about other "big" plans to aid workers and the economy in the midst of the fallout. Those plans include help for industries such as airlines that have been hit hard by the coronavirus pandemic.
katherineharron

The stimulus bill includes a tax break for the 1% (opinion) - CNN - 0 views

  • We face a frightening pandemic. More than 100,000 American have been infected with Covid-19, while tens of millions more continue to shelter at home. Meanwhile, the markets are crashing.
  • While health care workers and local governments frantically race against the clock to keep up with the escalating medical caseloads while trying to keep themselves and their families safe, Congress was still able to find the time to give money away to rich people.
  • Now here is what changed in the historic $2 trillion stimulus bill. Previously, if a married couple had depreciation deductions that exceeded their real estate business income, the couple could claim that "loss" to write off taxes on a maximum of $500,000 in income from other sources, like wages from a day job.
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  • Under the change, our rich taxpayer couple -- and this applies only for individuals, not corporations -- can now deduct an unlimited amount of "excess losses" in real estate against income from other sources. So now real estate moguls with lucrative day jobs or bountiful capital gains from other investments can go back to living tax-free, the Kushner way, before limits were put in place as part of the 2017 tax reform bill.
sanderk

Coronavirus Tips: How to Protect and Prepare Yourself - The New York Times - 0 views

  • The coronavirus continues to spread worldwide, with over 200,000 confirmed cases and at least 8,000 dead. In the United States, there have been at least 8,000 cases and more than 100 deaths, according to a New York Times database.
  • Most important: Do not panic. With a clear head and some simple tips, you can help reduce your risk, prepare your family and do your part to protect others.
  • That might be hard to follow, especially for those who can’t work from home. Also, if you’re young, your personal risk is most likely low. The majority of those who contract coronavirus do not become seriously ill, and it might just feel as if you have the flu. But keeping a stiff upper lip is not only foolhardy, but will endanger those around you.
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  • Avoid public transportation when possible, limit nonessential travel, work from home and skip social gatherings. Don’t go to crowded restaurants or busy gyms. You can go outside, as long as you avoid being in close contact with people.
  • If you develop a high fever, shortness of breath or another, more serious symptom, call your doctor. (Testing for coronavirus is still inconsistent — there are not enough kits, and it’s dangerous to go into a doctor’s office and risk infecting others.) Then, check the Centers for Disease Control and Prevention website and your local health department for advice about how and where to be tested.
  • Wash your hands, wash your hands, wash your hands. That splash-under-water flick won’t cut it anymore.
  • Also, clean “high-touch” surfaces, like phones, tablets and handles. Apple recommends using 70 percent isopropyl alcohol, wiping gently. “Don’t use bleach,” the company said.
  • To disinfect any surface, the C.D.C. recommends wearing disposable gloves and washing hands thoroughly immediately after removing the gloves. Most household disinfectants registered by the Environmental Protection Agency will work.
  • There’s a lot of information flying around, and knowing what is going on will go a long way toward protecting your family.
  • Right now, there’s no reason for parents to worry, the experts say; coronavirus cases in children have been very rare. The flu vaccine is a must, as vaccinating children is good protection for older people. And take the same precautions you would during a normal flu season: Encourage frequent hand-washing, move away from people who appear sick and get the flu shot.
  • Unless you are already infected, face masks won’t helpFace masks have become a symbol of coronavirus, but stockpiling them might do more harm than good. First, they don’t do much to protect you. Most surgical masks are too loose to prevent inhalation of the virus. (Masks can help prevent the spread of a virus if you are infected. The most effective are the so-called N95 masks, which block 95 percent of very small particles.)Second, health care workers and those caring for sick people are on the front lines. Last month, the surgeon general urged the public to stop stockpiling masks, warning that it might limit the amount of resources available to doctors, nurses and emergency professionals.
  • Stock up on a 30-day supply of groceries, household supplies and prescriptions, just in case.That doesn’t mean you’ll need to eat only beans and ramen. Here are tips to stock a pantry with shelf-stable and tasty foods
  • No. The first testing in humans of an experimental vaccine began in mid-March. Such rapid development of a potential vaccine is unprecedented, but even if it is proved safe and effective, it probably will not be available for 12 to18 months.
  • If you’re sick and you think you’ve been exposed to the new coronavirus, the C.D.C. recommends that you call your healthcare provider and explain your symptoms and fears. They will decide if you need to be tested. Keep in mind that there’s a chance — because of a lack of testing kits or because you’re asymptomatic, for instance — you won’t be able to get tested.
  • That’s not a good idea. Even if you’re retired, having a balanced portfolio of stocks and bonds so that your money keeps up with inflation, or even grows, makes sense. But retirees may want to think about having enough cash set aside for a year’s worth of living expenses and big payments needed over the next five years.
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