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Retail Sales Fall For 3rd Straight Month : NPR - 0 views

  • Restaurants and bars are reeling from persistent spikes of coronavirus cases and related restrictions in their communities, driving retail spending in December down for the third month in a row.
  • Even as people continue to splurge on shopping, they cut back on going out to eat and shop.
  • Gas stations saw the biggest jump in spending last month, up 6.6%, as people traveled for holiday visits despite health warnings.
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  • People spent almost $790 billion on gifts and other purchases in the last two months of 2020
  • This growth, up 8.3% compared with 2019, was nearly double that seen in previous years.
  • Spending at restaurants and bars, meanwhile, was still down 21.2% in December compared to a year earlier,
  • This was a reflection of an unusual economic downturn. Even as millions lost jobs, Americans have continued to buy and renovate homes, splurging online on devices, workout gear and pricey purchases such as appliances and furniture that drove a lot of 2020 spending.
  • money that was no longer being spent on services freed up budgets to spend on goods
  • "We don't expect economic activity to return to pre-pandemic levels until late 2021 and employment at those levels won't return until well into 2022 and possibly 2023."
  • In December, leisure and hospitality businesses lost almost half a million jobs, most of them in eating and drinking establishments.
  • the U.S. has so far recovered less than 56% of the jobs that were lost last spring.
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Post Malone donating 10,000 of his sold-out Crocs to frontline workers - CNN - 0 views

  • Frontline workers across the country are getting their hands on some Crocs many others cannot.
  • has announced that Grammy-nominated artist Post Malone is gifting 10,000 pairs of his sold out Duet Max Clog II Crocs to frontline workers at 70 hospitals across the country.
  • The shoes are well known for their comfortableness, and the Duet Max Clog II marks Malone's fifth collaboration with the company. They were released last month and like the proceeding pairs sold out in less than a day.
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Imagine a World Without Apps - The New York Times - 0 views

  • Allow me to ask a wild question: What if we played games, shopped, watched Netflix and read news on our smartphones — without using apps?
  • the downsides of our app system — principally the control that Apple and Google, the dominant app store owners in much of the world, exert over our digital lives — are onerous enough to contemplate another path.
  • in recent months, Microsoft’s Xbox video gaming console, the popular game Fortnite and other game companies have moved ahead with technology that makes it possible to play video games on smartphone web browsers.
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  • if apps weren’t dominant, would we have a richer variety of digital services from a broader array of companies?
  • In the early smartphone era, there was a tug of war between technologies that were more like websites and the apps we know today. Apps won, mostly because they were technically superior.
  • control. Apple and Google dictate much of what is allowed on the world’s phones. There are good outcomes from this, including those companies weeding out bad or dangerous apps and giving us one place to find them.
  • ith unhappy side effects. Apple and Google charge a significant fee on many in-app purchases, and they’ve forced app makers into awkward workarounds.
  • You know what’s free from Apple and Google’s iron grip? The web. Smartphones could lean on the web instead.
  • This is about imagining an alternate reality where companies don’t need to devote money to creating apps that are tailored to iPhones and Android phones, can’t work on any other devices and obligate app makers to hand over a cut of each sale.
  • Maybe more smaller digital companies could thrive. Maybe our digital services would be cheaper and better. Maybe we’d have more than two dominant smartphone systems
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Opinion | Privacy Is Too Big to Understand - The New York Times - 1 views

  • There is “no single rhetorical approach likely to work on a given audience and none too dangerous to try. Any story that sticks is a good one,”
  • This newsletter is about finding ways to make this stuff stick in your mind and to arm you with the information you need to take control of your digital life.
  • how to start? The definition of privacy itself. I think it’s time to radically expand it.
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  • “Privacy is really about being able to define for ourselves who we are for the world and on our own terms,”
  • “hyperobjects,” a concept so all-encompassing that it is impossible to adequately describe
  • invite skepticism because their scale is so vast and sometimes abstract.
  • When technology governs so many aspects of our lives — and when that technology is powered by the exploitation of our data — privacy isn’t just about knowing your secrets, it’s about autonomy
  • “Privacy” is an impoverished word — far too small a word to describe what we talk about when we talk about the mining, transmission, storing, buying, selling, use and misuse of our personal information.
  • not a choice that belongs to an algorithm or data brokerEntities that collect, aggregate and sell individuals’ personal data, derivatives and inferences from disparate public and private sources. Glossary and definitely not to Facebook.”
  • privacy is about how that data is used to take away our control
  • real-time data, once assumed to be protected by phone companies, was available for sale to bounty hunters for a $300 fee
  • ICE officials partnered with a private data firm to track license plate data.
  • It means reckoning with private surveillance databases armed with dossiers on regular citizens and outsourced to the highest bidder
  • “Years ago we worried about the N.S.A. building huge server farms, but now it’s much cheaper to go to a private-service vendor and outsource this to a company who can cloak their activity in trade secrets,
  • “It’s comparable to asking people to stop using air conditioning because of the ozone layer. It’s not likely to happen because the immediate comfort is more valuable than the long-term fear.
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New Life for Steel Plant Perks Up Depressed Illinois Town, Workforce - WSJ - 0 views

  • GRANITE CITY, Ill.—Ever since the layoffs a few years ago, many residents here had wondered when the local steel plant would again fire up its furnaces—or close forever.
  • Not only were hundreds of steelworkers left jobless when United States Steel Corp. X -1.49% scaled down its operations in Granite City, Ill., in 2015, but lunch deliveries to the plant vanished for a local diner while a shoe store’s work-boot sales plummeted. At least 26 businesses closed within a year, according to an area chamber of commerce.
  • The Granite City steel plant didn’t entirely close. Before the layoffs started, the plant employed 2,200, making it the town’s biggest employer, according to a securities filing. After layoffs of approximately 1,500 employees, some were eventually brought back, but the furnaces remained off.
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Why Blockchain Will Survive, Even If Bitcoin Doesn't - WSJ - 0 views

  • We’re now awash in “crypto” hype—cryptocurrencies like bitcoin and fundraising efforts like initial coin offerings. For every venture capitalist or technical expert, there’s a half-dozen hype men and fly-by-night startups making the entire space look like a 21st-century version of the Amsterdam tulip mania.
  • These applications can’t be found on a coin exchange, and they aren’t going to turn anyone into an overnight billionaire. But they could bring much-needed change to some of the world’s most critical, if unsexy, industries. This means new ways of transferring real estate titles, managing cargo on shipping vessels, mapping the origins of conflict materials, guaranteeing the safety of the food we eat and more. Using blockchain, you could prove that a particular diamond on sale in a Milan boutique came from a particular mine in Russia.
  • The third reason is that hype I mentioned. The current excitement around cryptocurrency gives blockchain the visibility to attract developers and encourage adoption.
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  • In this way, blockchain resembles another buzzword, “the cloud.” While detractors argued that the cloud was just “someone else’s computer,”
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Denver Broncos head coach: 'I don't see racism at all in the NFL' - CNN - 0 views

  • "I think our problems in the NFL along those lines are minimal," Fangio said. "We're a league of meritocracy, you earn what you get, you get what you earn."
  • "I don't see racism at all in the NFL. I don't see discrimination in the NFL," Fangio added. "... We're lucky. We all live together, joined as one, for one common goal, and we all intermingle and mix tremendously. If society reflected an NFL team, we'd all be great."
  • Fangio called Floyd's death a "societal issue that we all have to join in to correct."
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  • Of the 32 teams in the NFL, just four have a nonwhite head coach. Of the five head coaching vacancies in the offseason, just one was filled by a nonwhite person when Ron Rivera, who is Hispanic, was hired by Washington
  • The NFL has been criticized for its response to former 49ers quarterback Colin Kaepernick kneeling during the national anthem over the 2016 season to protest police brutality and racial injustice. When Kaepernick became a free agent in 2017, no team offered him a contract and he accused team owners of colluding to keep him from being signed.
  • Now, clubs will be required to interview at least two minority candidates for head coach vacancies; at least one minority candidate for any of the three coordinator vacancies; and at least one external minority candidate for the senior football operations or general manager position.
  • Minority and female applicants must also be included in the interview processes for senior level front office positions such as club president and senior executives in communications, finance, human resources, legal, football operations, sales, marketing, sponsorship, information technology, and security positions.
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Huawei Shoots Up 66% As Apple Plummets: China Has Given Its Blacklist Verdict - 0 views

  • One of Huawei’s greatest defences in its ongoing battle against Washington and the blacklist imposed by the Trump administration has been its stronghold at home.
  • The Shenzhen tech giant knows that the impact of the blacklist is limited by unwavering support at home,
  • Android, its biggest international issue, has no impact on smartphone sales—Google’s software and services are unavailable in China.
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  • All that said, Huawei’s performance in pushing out smartphones in the third quarter was extraordinary.
  • “this is Huawei’s sixth consecutive quarter of double-digit growth amid a gloomy China market.” The company posted 66% annual growth, reaching a staggering 42% smartphone market share.
  • Apple has been desperate to hold onto a sensible market share in China, but this latest drop of 28% on the same quarter a year before takes it down to its lowest quarterly level for five years.
  • And given this is the world’s largest smartphone market, that dominance carries significant weight. The overall China market has shrunk slightly year-on-year, down 3%.
  • But of the 97.8 million devices that did ship in the quarter, Huawei had its brand stamped on a staggering 41.5 million of them.
  • “Huawei is in a strong position to consolidate its dominance further amid 5G network rollout.”
  • Clearly, Apple’s year-on-year quarter three drop has been a year in the making, But its challenge is that with a 5G offering a year away, it risks further China slippage as the market adopts smartphones capable of a generational shift in network speeds.
  • Most analysts still expect Huawei to start to take a hit as its newest devices reach the international markets absent core U.S. tech—read Google and full-fat Android. But no-one had expected the level of performance at home that Huawei has managed.
  • Germany’s foreign intelligence chief, has warned that Huawei should not be trusted as a core network supplier.
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Coronavirus economic impact: Australia could be among world's hardest hit nations | Wor... - 0 views

  • Australia could be one of the countries worst affected by the economic impact of the coronavirus outbreak as factories in China remain shuttered and millions of people are confined to their homes and banned from travelling.
  • But evidence is mounting that China is suffering a significant slowdown. S&P has downgraded its growth forecast for the world’s second biggest economy to 5% this year from 5.75%, predicting that the impact would spread around the world, while it seems clear that China’s lockdown is set to deprive Australia of billions of dollars in revenue from big spending tourists and students.
  • “When you look at how this will affect other countries, what their exposure is to China, how big the economy is, what type of companies it has, then Australia ticks a lot of the boxes,” he said. “In terms of which countries will be most affected, we’re right up there.”
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  • “It’s not just the numbers of tourists – it’s that they spend quite a lot because of the way they travel with packages, how they get around and spending on shopping,” he says. “If that gets cut off it’s a material impact on the economy in Australia.”
  • However, some partial data released on Friday suggests the scale of the problem that is emerging, with figures showing that property sales in China’s so-called first-tier cities fell by 93% on 3-5 February compared with the same days last year. Railway passenger traffic was down 89% on 5 February.
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3 gun bills, including one handgun a month law, pass Virginia Senate | WSET - 0 views

  • The three bills include requiring background checks on all firearm sales, limiting gun purchases to one in a 30-day period, and allowing localities to ban guns from public events.
  • Democrats said they were reasonable measures that would improve public safety while respecting the rights of law-abiding gun owners. They said the public had made clear by voting for Democrats in recent elections that new gun laws were needed.
  • Governor Ralph Northam has a package of gun legislation that he's pushing for that include prohibiting all individuals subject to final protective orders from possessing firearms, requiring that lost and stolen firearms be reported to law enforcement within 24 hours, and creating an Extreme Risk Protective Order.
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  • More than 100 counties, cities, and towns have declared themselves Second Amendment sanctuaries and vowed to oppose any new "unconstitutional restrictions" on guns.
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China's electric car market has more than 400 competitors - The Washington Post - 0 views

  • SHANGHAI — As Tesla inaugurates a $2 billion electric-car factory in China this month, a brief stroll around an upscale shopping district here shows the company already has plenty of local competition.
  • For all the success China has had conquering other industries, it never really mastered the art of manufacturing cars with internal-combustion engines. Foreign brands have dominated since the 1990s, when General Motors, Ford, Volkswagen and others began ramping up sales, turning China into the world’s largest auto buyer.
  • The Chinese government has spent at least $60 billion to support the fledgling electric-car industry, including research-and-development funding, tax exemptions and financing for battery-charging stations, according to the Center for Strategic and International Studies, a Washington think tank. That’s encouraged a whopping 400-plus Chinese companies to get into the electric-car business, CSIS said.
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  • Unreliable batteries and other quality problems have also dampened consumer enthusiasm.
  • For now foreign car companies continue to see gold in China and are boosting local production of their own electric vehicles.
  • Consumer demand remains uncertain. On a recent afternoon, several drivers at a battery-charging station in an underground parking lot were lukewarm about their Chinese-brand electric vehicles.
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Live Updates: Economic Fallout From Coronavirus Grows - The New York Times - 0 views

  • Reports from manufacturing, banking and other sectors showed the worsening impact of the epidemic, which has brought much of China’s economy to a standstill.
  • Right NowJapan plans to release about 500 cruise ships passengers on Wednesday.
  • Economic fallout from the new coronavirus epidemic continued to spread on Tuesday, with new evidence emerging in manufacturing, financial markets, commodities, banking and other sectors.
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  • U.S. stocks declined on Tuesday, a day after Apple warned that it would miss its sales forecasts due to disruption in China, as concerns about the impact of the outbreak weighed on the outlook for the global economy.
  • Half of China’s population is facing new travel restrictions.Image
  • At least 150 million people in China — over 10 percent of the country’s population — are living under government restrictions on how often they can leave their homes, The New York Times found in examining dozens of local government announcements and reports from state-run news outlets.
  • Japan says 500 people will be released from cruise ship after more cases confirmed.
  • Australia plans to repatriate about 200 of its citizens aboard the ship on Wednesday, and other countries have similar plans, but Japanese officials did not say whether any of those people were among the 500 who would be allowed to disembark.
  • Britain prepares to evacuate citizens from cruise ship.
  • The new virus is deadlier than the one that causes the flu, Chinese figures suggest.Image
  • The director of a hospital in Wuhan has died from the virus.
  • Stigma surrounding virus impacts communities in Europe.
  • Domestic workers from the Philippines will be permitted to return to Hong Kong.Image
  • South Korea’s leader warns of a dire impact on economy.
  • Cruise ship passengers blocked from leaving Cambodia.
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'All of us lost our jobs:' Food lines, tears, despair as layoffs mount - CNN - 0 views

  • Souder estimates at the rate of loss at his restaurant, it will lose $250,000 a quarter, which forced him to lay off 75 employees in one day.
  • Souder's restaurant is a microcosm of the coronavirus' ravaging of an industry and a sign of what awaits other sectors of the US economy.
  • In an open letter to President Donald Trump, House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell, the National Restaurant Agency estimated a drop in sales by "$225 billion during the next three months, which will prompt the loss of between five and seven million jobs."
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  • "At first you're thinking about them. I feel horrible for them," said Souder, explaining the heartache of firing beloved staff. "And then they have to go and tell their family, 'I just got laid off.'"
  • "People are not going to be able to support their families for more than two months," said Bocken. "It's going to hit every aspect of life and the government needs to react and help us get through this. That's the only way it's going to work, by putting money back in people's hands."
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Coronavirus Recession: Fears Of Economic Slowdown Race Around The World : NPR - 0 views

  • As odds of a global recession rise, governments and central banks around the world are racing to fend off the economic damage from the spread of the coronavirus. The toll has already landed hard on jittery financial markets. Stocks continued to sell off on Thursday as the Dow Jones Industrial Average plunged 969 points, or about 3.6%, as investors fled stocks. Companies have shut factories, canceled conferences and drastically scaled back employee travel.
  • Meanwhile, the U.S. Senate on Thursday gave final passage to a roughly $8 billion spending package to provide medical supplies in hard-hit areas and pay for vaccine research. President Trump has said he will sign the bill. Despite such measures, many economists now say growth is likely to slow considerably this year — if not contract altogether.
  • Goldman Sachs projected on Sunday that because of the coronavirus, the U.S. economy would grow by an anemic 0.9% during the first three months of 2020 and would flatline during the second quarter.
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  • The tumult in the U.S. economy still pales in comparison to the damage being felt in other countries. In China, auto sales cratered 80% last month, while a plunge in tourism is expected to push Italy and perhaps France into a recession.
  • The U.S. Travel Association predicts that international travel to the United States will fall by 6% over the next three months. "There is a lot of uncertainty around coronavirus, and it is pretty clear that it is having an effect on travel demand — not just from China, and not just internationally, but for domestic business and leisure travel as well," the association's president, Roger Dow, said in a statement.
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Coronavirus: The psychology of panic buying - BBC Worklife - 0 views

  • LLast Saturday afternoon, Kristina Moy decided to swing by her local supermarket in the US city of Seattle to pick up some weekly groceries and supplies for her son’s upcoming baseball tournament. What started as a quick errand turned into a three-hour ordeal, navigating checkout lanes packed with hundreds of shoppers stocking up amid the outbreak of coronavirus.
  • Moy isn’t the only one to experience long queues and empty shelves. Mass demand for rice and instant noodles in Singapore prompted Prime Minister Lee Hsien Loong to assure the public there was enough to go around. In Auckland, New Zealand, supermarket spending shot up 40% last Saturday compared to the same day a year ago. And shoppers in Malaysia wanting to pad “pandemic pantries” – grocery hoards to fill people’s kitchens until the crisis dies down – have driven an 800% increase in weekly hand sanitiser sales. (All of those places have confirmed cases of Covid-19.)
  • With events like looming natural disasters, such as a hurricane or flood, people frequently stock up with emergency supplies. “It is rational to prepare for something bad that looks like it is likely to occur,” says David Savage, associate professor of behavioural and microeconomics at the University of Newcastle in Australia, who’s written about the rationality behind stocking up in a crisis. However: “It is not rational to buy 500 cans of baked beans for what would likely be a two-week isolation period.”
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  • Irrational stockpiling can also lead to price gouging, says Steven Taylor, a professor and clinical psychologist at the University of British Columbia, and the author of The Psychology of Pandemics. “If the price of a roll of toilet paper is tripled, that’s seen as a scarcer commodity to acquire, which can lead to anxiety,” he says.
  • Panic buying, Taylor says, is fuelled by anxiety, and a willingness to go to lengths to quell those fears: like queueing for hours or buying way more than you need. We’ve seen this before throughout history. Back in 1962 during the Cuban missile crisis, when nuclear war seemed imminent, American families filled their basements with enough canned goods and bottled water to survive an atomic blast.
  • “But for many people, hand-washing seems to be too ordinary. This is a dramatic event, therefore a dramatic response is required, so that leads to people throwing money at things in hopes of protecting themselves.”
  • “Panic is a subjective, emotional state, and mostly what we can observe is the behaviour,” says Oppenheim. “Maybe someone reads articles or a couple of tweets about supply chain disruptions in China and mask shortages in Hong Kong, and then makes a very reasoned decision to stock up on masks just in case. All we can infer from the purchasing is the timing, so it could look panicky even if it's well thought through.”
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No Crowds at the Mona Lisa: Coronavirus Fears Hammer European Tourism - WSJ - 0 views

  • The coronavirus outbreak in Europe is scaring away travelers and hammering tourism just as the high season is getting under way. Thousands of people have canceled their trips to the region since the disease began to spread in Italy last month, drying up revenue for hotels, restaurants, nightclubs and conference planners across the continent. Those businesses are the economic lifeblood of many regions in Europe, clustered around its famed cultural attractions. The outbreak is costing the European Union’s tourism industry €1 billion ($1.1 billion) a month, said Thierry Breton, the EU’s internal market commissioner.
  • In Paris, some cafes and nightclubs have seen a 40% drop in sales, he said.
  • Flight bookings to Europe the last week of February, when the Italian outbreak emerged, fell 79% compared with the same period a year earlier, according to ForwardKeys, which tracks travel data. In Italy, cancellations have exceeded new bookings over that time, the firm said
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  • The Vatican is facing a sharp drop in visitors to the Vatican Museums, which bring in €40 million in profit in a normal year and are a key revenue source for the church. Vatican officials declined to comment on a report in an Italian newspaper saying the museums had experienced a 60% drop in attendance
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Coronavirus: Russia to ban Chinese citizens from entry - as it happened | Financial Times - 0 views

  • Hubei reports 93 new coronavirus deaths Hubei, the centre of the coronavirus outbreak in China, reported 93 new deaths to the end of Monday, down from the previous day’s tally of 100. The province’s health commission also reported 1,807 new cases, lower than that recorded for Sunday.
  • Apple has warned that disruption in China from the coronavirus will cause its revenues to fall short in the current quarter, marking the second time in little over a year that weakness in China has forced the world’s most valuable technology company to issue a financial alert.
  • The California-based company said its factories were “ramping up more slowly than we anticipated had anticipated” after the Chinese government extended the lunar new year break and restricted the movement of people and when businesses could reopen.
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  • China says coronavirus death toll reaches almost 1,900
  • Japanese stocks slide almost 1% after Apple sales warning
  • Gauging the weakness in China's economy
  • Economists broadly expect China's growth rate to cool sharply in the first quarter of this year — although the extent of the slowdown is the subject of debate.
  • Traffic congestion Congestion in 100 major Chinese cities typically picks up in the days following the lunar new year holiday. That has not been the case this year.
  • Coal consumption Major electricity producers consumed 35 per cent less coal during the first 16 days of February than "normal seasonality would suggest", Goldman said.
  • Asia Apple suppliers slip after warning from iPhone maker Share prices for Apple suppliers in Asia fell after the Californian company warned that disruptions in China from the coronavirus will cause revenues to fall short in the current quarter.
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Amazon's best sellers list is dominated almost entirely by books on race right now - CNN - 0 views

  • As of Wednesday, 15 of the top 20 bestselling books are about race, racism and white supremacy in the US. Sales surged following the last eight days of protest after George Floyd's death in police custody.
  • "White Fragility: Why It's So Hard for White People to Talk About Racism," novel "The Vanishing Half" by black author Brit Bennett and the children's picture book "I Am Enough," are in such high demand that many of them are temporarily out of stock or only available in ebook or audio form.
  • "This doesn't happen every day," Kendi tweeted Tuesday. "It is fitting it happens on the day we are Blacking Out for Black lives and hopefully supporting our local independent bookstores too."
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  • Educating yourself on the history and current state of racism is one way to show positive allyship, as reported in CNN's guide to being an ally.
  • Influencing the people in your circle is another -- and part of that can include sharing books about racism with friends and family and discussing how oppression affects marginalized groups.
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Ben & Jerry's statement on white supremacy is so extraordinary. Here's why - CNN - 0 views

  • The ice cream maker has called on Americans to "dismantle white supremacy" and "grapple with the sins of our past" as nationwide protests against racial injustice stretch into their eighth day.
  • Ben & Jerry's describes the death of George Floyd, an unarmed black man, at the hands of a white police officer as the result of "inhumane police brutality that is perpetuated by a culture of white supremacy."
  • "What happened to George Floyd was not the result of a bad apple; it was the predictable consequence of a racist and prejudiced system and culture that has treated Black bodies as the enemy from the beginning," said the brand, which is owned by Unilever (UL).
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  • the statement from Ben & Jerry's is unusually comprehensive and direct, addressing the historical roots of discrimination in the United States and calling out systemic racism, while advocating specific policies to prevent further police abuses and redress racial inequality.
  • Ben & Jerry's, which also publicly supported the Black Lives Matter movement, called on President Donald Trump to disavow white supremacists and nationalist groups that "overtly support him."
  • The ice cream maker also called for the US Department of Justice to reinvigorate its Civil Rights Division, and for Congress to pass H.R. 40, a bill that would create a commission to study the effects of discrimination since African slaves first arrived in North America in 1619 and recommend remedies.
  • The company's sale to British-Dutch consumer goods giant Unilever (UL) in 2000 has not prevented it from speaking out on issues such as racial injustice, climate change and refugee rights. As part of the deal, Ben & Jerry's kept an independent board of directors. "We're a wholly owned subsidiary [of Unilever], but we still act according to Ben & Jerry's mission, vision and values," a spokesperson told CNN Business.
  • "Unless and until white America is willing to collectively acknowledge its privilege, take responsibility for its past and the impact it has on the present, and commit to creating a future steeped in justice, the list of names that George Floyd has been added to will never end. We have to use this moment to accelerate our nation's long journey towards justice and a more perfect union," the statement concluded.
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We're Being Bombarded by Ads for Drugs | Psychology Today Canada - 0 views

  • "Next time you see a TV commercial for a prescription drug, remind yourself that you know nothing about medical treatment and that everybody who made the commercial has a financial interest in your future behavior." —Eric Horowitz, Psychology Today, How Pharmaceutical Ads Distort Healthcare Markets
  • "According to Kantar Media, a firm that tracks multimedia advertising, 771,368 such ads were shown in 2016, the last full year for which data is (sic) available, an increase of almost 65 percent over 2012."
  • What catches my ears is the way in which drug presentations are made, often beginning with a personal story about someone suffering from a specific disease and how a particular drug helped them along. All well and good, until we learn that the players are usually fake patients called "actor portrayals" and fake doctors, often referred to as "actor portrayals" or "doctor dramatizations." After learning what a drug might be good for, the ads consist of rapid staccato-like talk about possible side-effects and lists in tiny text that are virtually impossible to read.
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  • The cost of the drugs also isn't given, although there has been a push that commercials offer this vital information. Furthermore, we're not offered quantitative information about risks or side-effects.
  • When you think about it, it’s actually the perfect cycle for the pharmaceutical companies whereby an increase in sales of one medication directly increases the demand of the other with the only losers being us, the consumers."
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