Everything posted by caulfield12
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COVID-19/Coronavirus thread
The challenging aspect is obvious. Let’s say something like 82 million Americans have preexisting conditions...if you keep them at home, if you keep anyone over age 55 or 60 home, you’re wiping out a huge chunk of the workforce, as well as future consumers/spenders. All smokers, for example...at least those over age 50? Recent studies are showing perhaps the biggest individual contributing factor in NY is obesity, at least 40% of deaths there and in UK as well. So everyone who is obese or even overweight by BMI is a higher risk group. How do you do this in a way that’s not going to cause “fat shaming”? They will be guidelines without force of law...but can managers/bosses decide who should stay home and who should work? What about African-American and Hispanics, experiencing higher incidences of Covid deaths....bundled together with a variety of socio-economic issues and lack of access to quality health care, or simply not having health insurance in general? Those are the ones most needing to work out of financial desperation, but most Covid-vulnerable, simultaneously. You’re pretty much left left with people from the Top 25% economically who don’t smoke, are under 40, more female than male, no pre-existing conditions, definitely no seniors....and high school/university students on the other end of the spectrum. The problem is that for the rest of the 75%, they will be at heightened risk, paying down bills/credit cards/mortgages or loans and doubly incentivized to now save finally for a rainy day fund rather than for “wants” after experiencing 2008-09 and now this calamity. It’s why a number of economists are predicting at least 9 quarters to return to 3-5% unemployment...and increased automation/redundancy through technology applications might make even that unrealistic, unless individuals just drop out of the labor pool entirely die to a combination of advanced age or alienation/discouragement.
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COVID-19/Coronavirus thread
https://www.cnn.com/2020/04/21/opinions/bergen-osterholm-interview-two-opinion/index.html This is an excellent article...it’s a longer read, for sure, but definitely worth everyone’s time. 800,000 deaths, but at least he has a long-term perspective backed up with numerous plausible contributing factors. We were kind of dismissing people talking about impacts into 2021-22 as alarmist in the beginning, but we’re closer to that reality now setting in (university campuses not reopening until 2021, no NFL or NCAA football season, etc.) Harvard. The CDC report out today. Some of the more sophisticated models. The California/Orange Cty study saying thectrue numbers are 55X higher. Or this particular forecast from Dr. Osterholm. And if Dr. Birx and Dr. Hahn don’t push back harder...we’ll continue to treat hydroxychloroquinine seriously, we’ll make quips like “they’ll just have to get creative” when talking about how Georgia nail and hair salons, massage places, tattoo parlors are possibly going to practice physical distancing while still performing those particular jobs. How are movie theaters going to profitable at 20-60% of capacity...not to mention the fact that no Hollywood studios are going to mass release their delayed premieres for just a small percentage of the US and international markets, and also run the risk of those films being pirated. It just doesn’t make much sense when it’s only 3-5 states. If you start opening Atlanta, Florida and Texas...there’s going to so many court battles between major cities and the governors. Local residents are likely to trust mayors in those cities over the governor...so you’ll have 35-40% trying to reopen and the majority staying home, meaning those businesses will largely continue to flounder. I mean, we can’t even get someone to point out the obvious...that we don’t have the best testing in the world, because the per capita basis is so much more important (achieving at least 10% of population and min. 500,000 per day nationally) than the raw numbers of tests. You can’t simply compare Singapore and Iceland with Germany and the US unless you’re also looking at the positives. That we’re in the 20-25% positive range when Germany is at 7% or S. Korea at 2% is truly scary.
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COVID-19/Coronavirus thread
I know with students here in China, they have already cancelled almost all of the quite lucrative summer exchange programs that usually last 4-6 weeks, and also allow a week or two for additional travel/tourism and university campus visits. One remaining option is the Pioneer Research/Summer Mentoring program with professors across the US from the “elite” schools. It’s going to especially hurt private universities that are not in that very top tier of 30 in all the well-known rankings...but are incredibly expensive. Thinking the smaller but prestigious liberal arts schools that rely on intl. students will suffer, too (Williams, William & Mary, Oberlin, Grinnell, etc.) One of my students just turned down Bucknell for Imperial College/UCL/King’s College in UK due to pricing (double whammy with Chinese economy hard hit.) There’s going to be that “brain drain” as promising students who can’t get work (H1B)/study visas go to other “safer” destinations like Canada, Singapore, New Zealand, Hong Kong, Dubai/Abu Dhabi...as sell as staying close/r to home (NYU-Shanghai, Yale-Singapore.) With the UK and Australian markets either becoming more antagonistic with China or having their own coronavirus problems, the uncertainty has never been higher. Lots of gap year decisions, at least for one semester, as students/parents don’t want to get caught in an expensive online semester...which will be more likely with newfound concerns it will return with a vengeance during the fall flu season. On the other hand, with 10-25% of Chinese students looking elsewhere...there are more opportunities and less competition for the current junior class (2021 grads).
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COVID-19/Coronavirus thread
List of officials Trump would love to fire but can’t for various reasons Dr. Robert Redfield (just made headlines that will scare everyone) Dr. Alex Azar, HHS (sidelined) Dr. Anthony Fauci, NIH (missing since last week) Dr. Tedros Adhanom Ghebreyesus (WHO head) Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases at the CDC Dr. Sanjay Gupta, CNN Fate still undetermined??? Dr. Jerome Adams (surgeon general, disappeared) Jared Kushner Dr. Peter Navarro (wrote a scary memo, created public record) ”It’s going to be gone, gone.” No, not until there’s a vaccine. Of course, with the news today about the potential fall outbreak being worse, the various Nov. election scenarios start to become really interesting, especially if there’s an attempt to delay things if it looks unfavorable...not unlike the WI vote recently. Then it’s right back to the debate about the US Post Office and mail-in ballots. Maybe by then he will know the difference between HIV and HPV...despite Bill Gates having to lecture him twice on the subject.
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COVID-19/Coronavirus thread
Fox News’ Ainsley Earhardt Questions Trump’s Immigration Ban: What About My Au Pair? https://www.yahoo.com/entertainment/fox-news-ainsley-earhardt-questions-154559444.html Plan? Reflected? Informed? Fox News? What is the world coming to...? Earhardt, recently divorced and a now operating as a single mom, reflected on how the immigration ban could affect farmers in America on work visas, then said, “Many families here — including mine — we have au pairs and we rely on them. I go to work at 3 o’clock in the morning so I need her there and I need her in my house so that she can help me with my daughter.” The mother of four-year-old Hayden continued her critique of the president’s vague plan, saying, “Many families rely on child care from other countries. These au pairs come here on work visas. They have to go back to their country to get the visas renewed and we’ve been talking in my house about how that’s gonna happen. So these are all things — these are questions that we have that hopefully the president will roll out a plan and we’ll all be in informed on all of this is going to affect all of our lives.”
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COVID-19/Coronavirus thread
Hope someone sees the irony of Guatemalans being attacked in their native country for having returned from the the US, which experienced roughly 1,400ish more Covid-19 deaths than any country in the world yesterday. Not exactly a safe haven. They might need to eventually block the border on the Mexican side to prevent immigrants from Texas, AZ, NM and California from fleeing south like in that incomparable CGI movie, 2012. Guatemala President Alejandro Giammattei denounced several reported attacks on people returning to Guatemala from overseas, particularly those arriving from the United States. During a government news conference Sunday, Giammattei asked Guatemalans to treat these people not as "criminals" but rather as "brothers." Giammattei mentioned a case reported on Saturday, in the municipality of Santa Catarina Palopó, where people "tried to attack the mayor, his family and a person who had returned to his home." The person who returned from abroad had attained the proper paperwork demonstrating they had tested negative for coronavirus and had followed all necessary quarantine measures, Giammattei said. cnn.com Blomberg said the protesters' demands are shortsighted because the virus is still spreading unabated. "If you're in a hospital bed, you're not making any money anyway. In fact, you're putting yourself in further debt," Blomberg told CNN. "If you're dead, it doesn't matter anyway -- you're not going to be able to provide for your family. You're going to have your medical bills, your funeral costs, you're going to be leaving that for them on top of it all."
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COVID-19/Coronavirus thread
I’ve had great “ratings” my whole life, there’s nothing unusual about that for me. The White House News Conference ratings are “through the roof”(Monday Night Football, Bachelor Finale , @nytimes) but I don’t care about that. I care about going around the Fake News to the PEOPLE! It is amazing that I became President of the United States with such a totally corrupt and dishonest Lamestream Media going after me all day, and all night. Either I’m really good, far better than the Fake News wants to admit, or they don’t have nearly the power as once thought! 96% Approval Rating in the Republican Party. Thank you! This must also mean that, most importantly, we are doing a good (great) job in the handling of the Pandemic. It’s nice to know he has nothing better to do than watch Morning Joe at 6 a.m. and vent on Twitter. Congratulating yourself when there’s a 9/11, Pearl Harbor or Civil War battle’s worth of American deaths sticking out daily, like a sore thumb in the midst of our previously shared sacrifice. I’m starting to think Governor Kemp might be even more oblivious to the steadily rising numbers in his own state and a frightening cluster in Albany, not to mention not even consulting with the Atlanta and Savannah mayors. To even think of putting a reality t.v. show like The Bachelor in the same sentence with the worst global crisis in 75 years pretty much says it all. Despite those approval numbers (not sure where they came from, probably Fox News), 59% of Republicans also argue that opening up the country before mid-May in most states is premature. But, hey, at least we’re stopping all those violence-prone Mexicans and Central Americans from bringing that invisible plague into our great country! Our new press secretary already making us proud!
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COVID-19/Coronavirus thread
“I don’t give a damn about politics now," (Brian) Kemp said. The (Georgia) governor said he was concerned about residents "going broke worried about whether they can feed their children and make the mortgage payment.” latimes.com There’s one obvious problem here. How many of these families are going to be able to survive at even 40-60% of previous business capacity? There aren’t many that instantaneously leap to mind. Definitely not restaurants. Gun shops, I guess. Home repair/improvement stores. Even in the South, there’s going to be at least 40-50% who won’t be going out to movies, theatres and shopping malls. There’s X amount of cost involved in reopening...plus, you’re putting employees at risk or in uncomfortable positions choosing between job, health, family, unemployment benefits. It’s fine for small family-owned businesses if they want to risk their lives, or sole/single proprietorships. What will be next? Protesting their neighbors who aren’t confident enough to go out and spend? If it was really that safe, the President or VP should confidently be able to attend a public grand opening if he believes so strongly in his convictions. The fact of the matter is there are still 1500-2000 deaths per day nationally. Which, for obvious reasons, the administration doesn’t want to talk about except in vague or generic terms, afraid to put a human face on all the suffering. We’re not anywhere close to 100 or less deaths per day nationally...and most scientists’ recommendations were for under 50 or 60 in the entire country to consider opening up everywhere. We had 3 deaths in 14 days before Wuhan was reopened, and that was at 30% (only essential workers back) the last 3+ weeks. It won’t be until this Monday (April 27th) that the majority of workers are back. That’s THREE full months. Not just 4-5 weeks, or even 6. This whole thing isn’t halfway over...remember, the Wuhan virus was concentrated in ONE province about 1/3rd the size of California. The US is dealing with significant problems in 30-35 states...and those other 15-20 are likely to flare up or are simply being under tested or not tested at all due to lack of access to test kits, swabs and chemical reagents.
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COVID-19/Coronavirus thread
If Facebook starts blocking all posts referencing protests against social distancing or government guidelines, there will be another Civil War...it’s only going to serve to bring more attention to these fringe groups. And now Georgia is pretty much opening up a large part of the state on Friday. Opening hair salons and body artist/tattoo parlors? Gyms and bowling alleys? Massage therapists? How do those places maintain social distancing? WHAT? They’re nowhere near meeting Trump’s own guidelines...”my rights are not from the government!” said one protestor’s sign. Theatres and restaurants in Georgia on April 27th....this Monday. Of course, this is the same governor (Kemp) who three weeks ago admitted he just learned that there was such a thing as asymptomatic transmission. South Carolina is opening up retail stores tonight at 20% capacity TONIGHT. In order to get the same number of NYC flu deaths as they’re currently experiencing, EVERY SINGLE PERSON in the entire city would need to have the flu to get the same number of deaths. But you know things are bad when former Bush WH medical officers are saying “it’s a dereliction of duty” and “reckless” for Georgia, S.C., Texas, Florida and Tennessee to open up. PS: Starting a public war with the head of the Republican governors, Larry Hogan of MD...who had to go out of his way to secure 500,000 tests/PPE supplies from South Korea THIS WEEK because the Federal government can’t help...simply won’t end well. His current approval ratings almost double Trump’s. Even Ricketts (NE) and Noem (SD) are complaining about a lack of supplies (reagents and swabs) to actually read the tests, but we should congratulate the government for getting kits out there? DeWine, Baker and the Indiana governor joined with Democratic governor coalitions...
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COVID-19/Coronavirus thread
On the positive side, they don’t have an MLB franchise. But the South shall rise again! Kentucky, Maryland, West Virginia are becoming true border states once again. If it wasn’t for those pesky voters in VA and NC, Jefferson Davis’ entire Confederacy would be back in the game 150+ years later. (And John Danks/country music might need to temporarily relocate. Btw, which SoxTalk poster was jokingly threatening to move to Nashville a couple of years ago if the Sox continued to struggle?)
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COVID-19/Coronavirus thread
Otoh, we’re also 7-10 days away from having DOUBLE the number of deaths as the #2 country in the world, likely to still be Italy at that time. Now we can easily compare the populations of the US, Italy and Spain and look at this on a per capita basis...but the argument currently being made for “best testing” can certainly be turned on its head for far and away the highest death count (and potentially still climbing back up again, especially with recent developments.) Even bringing it up as a reporter might be declared unpatriotic in a week or two as pressure continues to mount on the economy (and re-election odds) as we enter the first two weeks of May. It’s also not a terribly convincing (or empathetic) approach to “spin” death rates in the most positive fashion...for now, it seems to be the one topic that’s just being conveniently brushed aside with all the political diversionary tactics.
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COVID-19/Coronavirus thread
https://www.cnn.com/2020/04/20/politics/wild-west-masks-thermometers-tests/index.html Lost in all this is how will businesses gear up for reopening without many of these same essential supplies everyone in the world is pursuing at precisely the same moment. On the hospital side, seems the blowback on PPE shortages in the UK with the NHS overpromising and underdelivering is even worse than in the US. Hospitals now taking the position they don’t want to hear anything about supplies until they’re actually delivered and in hand. Also, simply can’t wait for Trump to spin how abundant cheap gas is such an amazing/wonderful/beautiful thing for those budding Patrick Henry’s of state liberty out and about...
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COVID-19/Coronavirus thread
One of the arguments banks are making is this “preferred customer comes first” one. Which is only going to result in the biggest, most well capitalized small and medium-sized enterprises receiving assistance and surviving this. Surely, there will be some rare exceptions along the way...likely because they had some preexisting connections with bank execs. Its almost reminiscent of an IPO, except the public offering is America, Inc., and that means the average middle income investor is going to be totally shut out, late to a party he never knew he hadn’t even been invited to. Unfortunately, we’re turning a whole generation of risk-taking entrepreneurs into Instacart/Uber drivers who struggle to put 2-3 side jobs together to eke out a living, pay for health insurance, house payments and have enough left over to provide a better life for their families. https://finance.yahoo.com/news/howard-schultz-on-wealth-inequality-and-small-business-133143460.html Small business loan program should start with a T as in Trillion.
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COVID-19/Coronavirus thread
https://www.businessinsider.com/trump-adviser-kudlow-wife-loan-business-coronavirus-relief-program-easy-2020-4 This is the world we live in now. Shake Shack got $10 million and gave it back so “real” small businesses would have an opportunity. Kudos to them, at least. Meanwhile, Larry Kudlow’s wife was supposedly approved for a significant loan for her home-based art business. How is she even allowed to apply? And how is the chair of the Council of Economic Advisors only worth $2 million? Not buying that for a second.
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COVID-19/Coronavirus thread
In Indianapolis, protester Andy Lyons said he understands the health risks. But he wants the government to back off. "If I get sick, then I am going to bear the consequences of my getting sick," Lyons told CNN affiliate WTHR. "If anybody else gets sick, they bear the consequences of their free choice without government coercion to do so. That's what this is about." cnn.com https://www.yahoo.com/huffpost/harvard-richest-9-million-cares-aid-033517131.html Roughly $45 million to Ivy League schools through CARES? WTH??? $41 billion endowment...
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COVID-19/Coronavirus thread
You can choose whether you get a flu shot or not, just as you can choose whether to drive a car, buy a gun or get on an airplane. Whether to wear a seatbelt or not. The likelihood of someone dying from this is magnitudes higher than for a person over 60 to make any of those five choices. At least with the flu, there’s a shot. While there’s certainly risk from drunk or reckless drivers or texting while driving, we consider these acceptable risks as members of society. The various rights and freedoms of everyday life in America, a series of tradeoffs. The question is when the risk to others starts to outweigh the benefits any one individual receives or enjoys. It’s one of the reasons that the social acceptance of smoking has decreased dramatically over the last fifty years in the US, right? “If the (Wuhan) citizen goes to the supermarket or takes a car to go shopping, and there is a person in the supermarket or car you come into contact with who has a fever or cough, the green QR ( mobile phone app) code will turn to yellow. If that person is diagnosed as a new case, the citizen must go to the designated place for isolation/quarantine for 14 days, and the total cost of the inspection, blood sampling, CT, accommodation, living expenses, etc., during this period is $1,143 and borne by the citizen himself. If the test is positive, the treatment fee of $60,000 shall be borne by the citizen themselves.” I don’t think you would see many protests with that particular policy in place in the US. It should be noted that up until the end of March (the 24th), the government paid all the costs for test/treatment.
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COVID-19/Coronavirus thread
Leaving the US is probably the last thing you want to think about right now, but there are lots of opportunities for someone with a PhD to teach in places like Taiwan, Singapore, South Korea, HK, Japan, etc. You might lose about 2-4 weeks of holiday compared to a typical university schedule...and the "travel opportunities" are not nearly so enticing as they were a decade or so ago, for obvious reasons. It seems your degree is pretty highly specialized, if I remember correctly...but there might be a fit with a specific IB, A-Levels (A2 or seniors) or AP class. Assuming your salary is in the $60-75,000ish range, you might take a slight pay cut, but most teaching positions abroad carry very solid health insurance (ours here in Wuhan is probably going to need to be readjusted before we go back to work because it would only max out at $7,000 USD if any of us were to contract COVID-19, the government had previously been covering everyone inside the borders before it got so politicized.) Teachers wanting to make even more money can set up additional private lessons on the side, or contract with a private training center for a group or individual lessons in a specific subject area. (Can't honestly recommend China right now because of the anti-immigrant trend and the fact there's a current flight ban on entering the country.)
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COVID-19/Coronavirus thread
Right now, all production of the new “DT” generation of the Ram 1500 takes place in Sterling Heights, Michigan, while the older heavy-duty Ram trucks are built in Saltillo, Mexico. PPE highly likely made in China, unless 3M. With the exception of brands like American Apparel, most t-shirt mills do most– if not all– of their manufacturing outside of the United States. Maybe they can carry along pillows from that My Pillow guy next...he’ll probably be named new head of the SBA the way things are going. Oh, well.
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COVID-19/Coronavirus thread
Charlottesville Part Deux Trump responded: “I’ve seen the people. I’ve seen interviews of the people. These are great people.” He added that they have cabin fever and they want their lives back. “Their life was taken away from them,” he said. “These people love our country, they want to get back to work.” CNN.com https://www.theatlantic.com/technology/archive/2020/04/us-coronavirus-outbreak-out-control-test-positivity-rate/610132/ A New Statistic Reveals Why America’s COVID-19 Numbers Are Flat Few figures tell you anything useful about how the coronavirus has spread through the U.S. Here’s one that does. The test-positivity rate, then, is a decent (if unusual) proxy for the severity of an outbreak in an area. And it shows clearly that the U.S. still lags far behind other countries in the course of fighting its outbreak. South Korea—which discovered its first coronavirus case on the same day as the U.S.—has tested more than half a million people, or about 1 percent of its population, and discovered about 10,500 cases. The U.S. has now tested 3.2 million people, which is also about 1 percent of its population, but it has found more than 630,000 cases. So while the U.S. has a 20 percent positivity rate, South Korea’s is only about 2 percent—a full order of magnitude smaller. South Korea is not alone in bringing its positivity rate down: America’s figure dwarfs that of almost every other developed country. Canada, Germany and Denmark have positivity rates from 6 to 8 percent. Australia and New Zealand have 2 percent positivity rates. Even Italy—which faced one of the world’s most ravaging outbreaks—has a 15 percent rate. It has found nearly 160,000 cases and conducted more than a million tests. Virtually the only wealthy country with a larger positivity rate than the U.S. is the United Kingdom, where more than 30 percent of people tested for the virus have been positive.
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COVID-19/Coronavirus thread
Someone in the press corps brought up Nazi flags as well. Saying “we’re not even going to have a country left” because Joe Biden will bow down or cave in to China, North Korea, Iran, Mexico and Canada hardly seems relevant to a health care-related briefing.
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COVID-19/Coronavirus thread
What do you propose? Just throw out the entire last month’s shared national sacrifice and roll the dice? If we do it state by state, every single border is going to be blocked off from ones that are wide open. Why should those who are sacrificing pay the consequences for 5-10% who refuse to follow the guidelines? Why should those who foolishly went to Spring Break and are already recovered get the benefit of going back to work the earliest if they theoretically pass Covid or antibody tests? Why should the nursing home residents in Florida be exposed to illness because of the Six Degrees of Separation from beachgoers this weekend...likely passing it on to one of their caregivers inadvertently? If we had cell phone GPS tracking, this would be simple. People would be warned they wouldn’t receive any financial support from their insurance company or the government if it was determined they got sick from going to a location they couldn’t explain away as essential...other than the grocery story or required reporting to work (by government order.) Of course, hard to prove where it came from without contract tracing. They would just argue it was from the grocery store or drug store/pharmacy, right? Back to that solution which means surrendering privacy rights and giving up personal data to corporations and the government...to track everywhere you go, and you would have to explain all trips away from the house and justify your behavior in order to be treated in the hospital. So that would be fair...right? Of course all those people out protesting would protest THAT as well, right? If they do elect to take those risks, why should others have to pay the consequences for following guidelines? It’s no different than those idiots who try to cut to the front when there’s a merge due to highway construction with signs pointing this out miles ahead.
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COVID-19/Coronavirus thread
Sounds like something Nigel Farage came up with just to block Huawei 5G partial rollout in the UK...especially after Boris Johnson got so sick. The sad point is that this business would likely go to Ericsson or Nokia, as the US is not competitive (Cisco and Oracle get a small chunk). Current # of contact tracers: 2000 Total amount needed in the US: 100-250,000
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COVID-19/Coronavirus thread
Pretty soon the argument will be there shouldn’t have ever been a shutdown at all. Of course, Trump’s #1 indicator is the stock market and no deaths/cases/testing. Can’t imagine his reaction if the DJIA was down in the 15-18,000 range. But it’s just incredible to me that these same people arguing that hundreds of thousands if not millions died here in China...that it was unintentionally or purposefully released from the Wuhan virology lab to take the focus off Hong Kong protests and Xinjiang concentration camps or take market share away from the US...yet they still think it’s perfectly okay to completely ignore social distancing. This is after just one full month of social distancing...compared to three full months here. Now reports that 12,000+ Covid tests in Washington state are contaminated... Whatever happened to that Abbott device that President Trump displayed upside down (yet is perhaps the most popular innovation so far)...is Abbott struggling to bring it up to scale, or too many of them are going to private labs for higher profit margins? Whatever happened to hydroxychloroquinine?
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COVID-19/Coronavirus thread
Chicago Covid-19 death toll passes city’s 2019 homicide numbers in a span of weeks...286/1290 statewide related to nursing homes. More than 100,000 people defied Bangladesh's lockdown order on Saturday to attend the funeral of a senior leader of the Islamist party in the district of Brahmanbaria, according to the prime minister's special assistant, Shah Ali Farhad, and the Brahmanbaria police spokesperson Imtiaz Ahmed. The funeral for Maulana Zubayer Ahmad Ansari, an Islamic teacher, broke the country's ban of no more than five people attending prayers at one time, sparking fears of a new coronavirus outbreak emerging from the event. cnn.com
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COVID-19/Coronavirus thread
https://www.huffpost.com/entry/trump-air-force-academy-commencement-politically-correct_n_5e9b7f91c5b664cb6c43d9fd He can’t even get the distancing amount right. CDC recommends six feet. AFA commencement used eight as the guide. Trump claimed it was ten feet. I guess that’s closer than the difference between millions and billions, so progress...