2:00PM Water Cooler 11/12/2024 | bare capitalism

Date:


By Lambert Strether of Corrente.

Chicken Track of the Day

Northern Mockingbird, Granville Colleges Land Lab, Licking, Ohio, United States. “Track.”

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In Case You May Miss…

  1. Deploy the Blame Cannons!
  2. Boeing avoids legal responsibility for Ethiopian MCAS crash in settlement, restarts manufacturing however with layoffs.
  3. Elite maleficence at ASHRAE, hospitals, and An infection Prevention and Management.
  4. Extra money does purchase extra happiness.

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Politics

“So most of the social reactions that strike us as psychological are in actual fact a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles

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Trump Transition

“Axelrod: Second Trump administration has ‘wholly totally different really feel’” [The Hill]. “‘Say what you’ll in regards to the path he desires to take the nation however it is a wholly totally different really feel from 2016. Trump is stocking his admin with seasoned loyalists who won’t information, however somewhat BE guided, by HIM,’ Axelrod posted to the social platform X. ‘Individuals needed to shake up Washington. For higher or worse, they’re [going] to get what they requested for,’ he stated.” • The issue that administrations have is that they need to administer, and to try this, they want directors. What number of heterodox coverage consultants are there who truly know the place the levers of energy are? Commentary:

2024 Put up Mortem

From a Republican pollster, however AP Votecast information:

So, a change election in any case.

“Exit Proper” [Gabriel Winant, Dissent]. “Simply as in 2016, Harris supporters have fallen again on the racism and sexism of American society as a proof for defeat. Little doubt these are hulking obstacles, however they don’t suffice as omnibus clarification…. [But] these will not be static phenomena. Trump mobilizes these forces; the duty of his opponent is to countermobilize and defeat them. A profitable marketing campaign attracts on the fabric of the present society and assembles it right into a portrait of the current and a imaginative and prescient of the long run: it doesn’t merely mirror frozen information of public opinion and customary sense however reorganizes them and finally produces new types.” And: “The pathologies of the Democrats, although, are in a way not the results of errors. It’s the structural function and composition of the get together that produces its duplicitous and incoherent orientation. It’s the mainstream get together of globalized neoliberal capitalism, and on the identical time, by custom anyway, the get together of the working class. Because the organized energy of the latter has been washed away, the dedication has develop into considerably extra aspirational: Harris notably cleaned up with the richest earnings bracket of voters.” And at last: “The demobilization of the Democratic voters is thus the product of the get together’s contradictory character at multiple degree. The accountability of the Democrats to antagonistic constituencies produces each rhetorical incoherence—what does this get together stand for?—and programmatic self-cancellation. Champions of the home rule of legislation and the rules-based worldwide order, they engaged in a spectacular collection of violations of home and worldwide legislation. Promising a brand new New Deal, they admonished voters to be glad about how effectively they have been already doing economically. Every step taken by the get together’s policymakers in pursuit of 1 aim imposes a restrict in one other path. It’s by this dynamic {that a} decade of (acceptable) anti-Trump hysteria led first to the adoption of elements of Trump’s program by the Democrats, after which lastly his reinstallation as president at new heights of public opinion favorability. Nothing higher than the true factor.” • With “globalized neoliberal capitalism,” Winant focuses on ideology, not class (i.e., the Democrat base within the PMC). Nonetheless, price studying in full.

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Deploy the Blame Cannons!

Lambert right here: Normally, the lastest barrages of blame cannonry are higher written than the earlier sizzling take emisisons, undecided why. Extra to come back!

“Kamala Fell to the Identical Cabal That Destroyed College Presidents” [Maureen Tkacik, The American Prospect]. “Time was you had Democrat billionaires, Republican billionaires, and opportunistic bipartisan billionaires. Republicans had the useful resource extraction guys and the Waltons and anybody who employed sufficient employees that they wanted to bust unions; Democrats had Hollywood and Large Tech; each events had joint custody of Wall Avenue. And the billionaires received what they needed 99.9 % of the time. This election was totally different. For all of the venal raves the media bestowed upon Kamala Harris’s fundraising prowess, the whales near-universally lined up behind Trump. Of the highest ten mega-donors, solely the underside two gave to Democrats; Trump’s haul from his personal prime ten donors—none of whom boasts the surname Koch or Thiel—amounted to about $945 million; Harris’s topped out at $254 million. (Harris ended up elevating extra money, due to Resistance giving, however Trump received to spend a lot much less time elevating it, and with Musk, he had the algorithms on his aspect.)” And: “At its coronary heart, the billionaire revolt was the expression of a broader dissatisfaction with Joe Biden that was most certainly rooted in the true, substantial, and (within the put up–Chilly Struggle neoliberal period) unprecedented issues his administration was quietly (too quietly!) doing for working folks, small-business house owners, and the proliferating subsistence entrepreneur class that falls someplace within the center. It sued Amazon for squeezing sellers to the bone whereas manipulating costs ever larger, Albertsons and Kroger for conspiring to gouge buyers by littering the nation with lifeless strip facilities the place supermarkets as soon as stood, Dwell Nation for indenturing a technology of younger musicians and turning tickets to live shows and sports activities occasions into luxurious items, Welsh Carson (probably the most highly effective personal fairness agency in well being care) for gouging hospital sufferers and suppressing the wages of anesthesiologists in a number of states, and extra. It even received a court docket to label Google a monopolist. These items was extraordinarily in style, and Democratic leaders by no means talked about it, probably as a result of it pissed off the donor class—which is in fact the very purpose they need to have been speaking about nothing else.” And: “In any occasion, although, the billionaires weaponized poisonous wokeness to make themselves appear extra receptive and in contact with Regular Dudes than the Democrats, who unbeknownst to most Regular Dudes had truly been working tirelessly on behalf of the widespread man whereas Joe Biden was preoccupied wringing his fingers over why Bibi was being so imply to him.” • I like this piece so much, however I’m undecided how a lot I purchase “working tirelessly on behalf of the widespread man,” since I believe it proceeds from the very, very low baseline set by Obama. I might by no means trash the efforts of the Lina Khan and the anti-trusters; they are tireless, however the Democrat Occasion as a complete? The profitable deep-sixing of one million disproportionately working class deaths from Covid tells the story.

“Kamala Harris ran the Fyre Competition of campaigns” [The Spectator]. “Because the finger-pointing begins, and the post-mortem of the Kamala Harris marketing campaign continues, monetary particulars are being launched on how the Harris marketing campaign managed to blow greater than $1 billion in war-chest funds — and never solely lose, however get wiped off the electoral map by Donald Trump, who ended his marketing campaign with roughly $488 million. That’s not a Dr. Evil typo: Kamala Harris not solely blew a billion {dollars}, however truly ended up $20 million in debt. The place did the cash all go? To celebrities largely, and elaborate units and phases. Because it seems, not all of these movie star “activists” appeared with Kamala Harris as a result of they believed in her or have been doing their civic obligation by getting engaged. They charged charges — and a few have been astronomical. Harris made elaborate guarantees to her crowds about movie star performances. Crowds have been introduced in with the promise of seeing Beyoncé carry out, solely to go away disillusioned. It was all a monetary ruse, very similar to the notorious Fyre Competition of 2017… the Harris marketing campaign spent upwards of six figures to construct a customized set for her look on the Name Me Daddy podcast, which solely netted about 800,000 downloads. In the meantime, Donald Trump appeared on Joe Rogan’s podcast — and his interview has received greater than 47 million views on YouTube. There have been seven swing-state live shows that concerned high-priced performers — Katy Perry, Girl Gaga, Jon Bon Jovi, Ricky Martin and extra — who seemingly ended up costing the Harris marketing campaign greater than $20 million on occasion manufacturing alone, and reportedly much more on paying the celebrities to look. Even Oprah Winfrey charged the marketing campaign $1 million to indicate up. The marketing campaign went to this point into debt that the marketing campaign was reportedly pressured to scrap Canadian Nineties indie-pop singer Alanis Morissette to economize. The pop live performance marketing campaign technique is claimed to have been the brainchild of former Obama advisors on the marketing campaign.” • Ironic [chortles]. “Is alleged to have been” by whom?

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“Why Was There a Broad Drop-Off in Democratic Turnout in 2024?” [New York Times]. “Mr. Trump gained the White Home not solely as a result of he turned out his supporters and persuaded skeptics, but in addition as a result of many Democrats sat this election out, presumably turned off by each candidates. Counties with the largest Democratic victories in 2020 delivered 1.9 million fewer votes for Ms. Harris than that they had for Mr. Biden. The nation’s most Republican-heavy counties turned out an extra 1.2 million votes for Mr. Trump this 12 months, in line with the evaluation of the 47 states the place the vote depend is basically full. The drop-off spanned demographics and economics. It was clear in counties with the very best job progress charges, counties with probably the most job losses and counties with the very best proportion of college-educated voters. Turnout was down, too, throughout teams which are historically robust for Democrats — together with areas with giant numbers of Black Christians and Jewish voters. The decline in key cities, together with Detroit and Philadelphia, made it exceptionally tough for Ms. Harris to win the battlegrounds of Michigan and Pennsylvania.” And:

In Pennsylvania, the largest electoral prize on the battleground map, . Ms. Harris gained these counties, however not by the margins wanted to beat Republican-heavy areas of the state. Complete turnout was down from 2020 in all 5 Democratic strongholds, which may partly clarify how Ms. Harris acquired 78,000 fewer votes than Mr. Biden. Mr. Trump added 24,000 votes to his whole in these identical counties.

Holy moley! And it’s the identical story in different swing states. What a debacle.

“The widespread nationwide expertise that explains Trump’s 2024 features” [Ronald Brownstein, CNN]. “However the scale of Trump’s advance this 12 months factors towards a typical nationwide expertise in all areas of the nation — a shared disappointment within the outcomes generated by President Joe Biden’s administration…. However since then, [UCLA political scientist Lynn Vavrec] stated, the equally uniform shift away from Trump in 2020 — after which again towards him in 2024 — factors towards voter assessments of efficiency, somewhat than large additional ideological shifts, as the primary driver of the outcomes. Simply as Trump, because the incumbent, suffered from a detrimental verdict on his efficiency in 2020, Harris, because the quasi-incumbent successor to Biden, suffered from a detrimental verdict on the president’s efficiency 4 years later.” • Throw the bums out!

“Within the Race for the Presidency, GOP Turnout Declined, Democratic Turnout Collapsed” [Daily Yonder]. “Donald Trump gained the favored vote and the presidency by getting almost as many votes this 12 months as he did in 2020, whereas Democratic turnout – particularly in main cities – collapsed, a Each day Yonder evaluation of preliminary election returns exhibits. Kamala Harris received 12 million fewer votes than Joe Biden did in 2020, a decline of 15%, in line with a preliminary evaluation of 46 states. Trump, in the meantime, misplaced only one million votes, in comparison with his 2020 returns, a decline of lower than 2%.” • Useful chart, damaged down by county sort:

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“Even Fox Information Noticed a Shut 2024 Election. Then the Voting Information Got here In” [Variety]. “‘At 5 p.m., the most definitely end result was a really shut election,’ says Arnon Mishkin, who has directed Fox Information’ resolution desk for years. ‘Totally different folks appeared on the information and stated this might tilt Trump and this might tilt Harris.’ Inside hours, nevertheless, a special story was unspooling — and viewers of Fox Information have been early to listen to it being instructed. Fox Information was in a position to name many states sooner than lots of its opponents, together with a important loss by the Harris marketing campaign in Pennsylvania within the wee hours of the morning that largely determined the race in favor of Trump.How so? The corporate made an enormous funding in new voter expertise final decade that depends much less on exit polls, and extra on on-the-ground information from every state.” • I bumped into an analogous downside in my very own (to not be pompous) methodology; I didn’t put together readers for the scope of Trump’s victory, e.g. successful all swing states. I wrote that up yesterday, however began with a metaphor in regards to the dying of Saruman, which I butchered, out of haste. I’ve since corrected it, and readers who have been justifibly confused can learn what I meant to say right here (which I really feel is vital or I wouldn’t be harping on it).

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“Choose delays Trump immunity resolution in NY hush cash case” [The Hill]. “A New York decide delayed a Tuesday resolution on whether or not President-elect Trump’s conviction can stand up to the Supreme Court docket’s presidential immunity ruling, following his election victory final week. Choose Juan Merchan agreed to freeze the case till Nov. 19, newly public court docket data present, enabling prosecutors to answer Trump’s demand the case be dismissed totally now that he’s president-elect. Trump’s sentencing, which might be the primary of any former president, is scheduled for Nov. 26. He was convicted on 34 felony counts of falsifying enterprise data in reference to a hush cash fee made to porn actor Stormy Daniels forward of the 2016 election to hide an affair, which he denies. Trump’s attorneys consider his election as president compels the dismissal of his prison prosecutions. ‘The keep, and dismissal, are essential to keep away from unconstitutional impediments to President Trump’s potential to control,’ Trump legal professional Emil Bove wrote in an e-mail to the decide.” • Possibly Trump may make a brief jail keep work for him, carrying on the stellar work he did at McDonald’s and driving the rubbish truck. Merchan may ship him to jail for a day, to underline respect for the method blah blah blah, and Trump would enter Rikers — in an orange jumpsuit, naturally — to a cheering throng of inmates and guards, after which Merchan may put him on probation, and all people may stand down and overlook about this farrago of dangerous legislation and political prosecution.

Democrats en Déshabillé

“The mannequin precisely predicted the most definitely election map” [Nate Silver]. However that’s not the fascinating half. In a footnote: “I basically received to carry out a randomized management trial on how partisans in each camps reacted to good and dangerous information. And there was an asymmetry. Republicans are usually joyful whenever you agree with them partway or half the time. Admittedly, the kinds of Republicans who encounter our work will not be a consultant pattern, in all probability being on the reasonable aspect — although you could find loads of Trump supporters within the Silver Bulletin feedback part. Democrats, nevertheless — and right here, I’m not referring a lot to Silver Bulletin subscribers however within the broader universe on-line — typically get indignant with you whenever you solely midway agree with them. And I actually suppose this distinction in persona profiles tells you a bit one thing about why Trump gained: Trump was joyful to tackle all comers, whereas with Democrats, disagreement on any hot-button matter (say, COVID college closures or Biden’s age) may have you forged out as a heretic. That’s not a great way to construct a majority, and now Democrats now not have one.” • Democrats, as we’d count on, are doubling down on this habits: There’s a concerted effort to maneuver excessive(er)-traffic accounts off Twitter onto Blue Sky, as if the world wanted extra Democrat embubblement than it already has. Additional, for all its many faults, Elon Musk’s hell-site nonetheless has a really purposeful Covid-conscious neighborhood, which these trolls would find yourself splitting, not that such a factor would matter to them. Brunch at Blue Sky!

“The US Is a Civic Desert. To Survive, the Democratic Occasion Must Remodel Itself.” [Pete Davis, The Nation]. The deck: “The get together ought to jettison its advisor class and transfer towards a local-membership mannequin that might assist to rejuvenate civic life throughout the nation.” Extra: “Right here’s one sketch of how we may start to show this round: The 4 Ms of get together membership, every symbolic of a crucial mindset shift. First, Membership Playing cards. If you be part of the Labour Occasion in Britain, you get mailed a welcome packet, full with a membership card and details about tips on how to get extra concerned. The Democratic Occasion may be taught from this: It ought to imply one thing to affix the Democrats. … Second, Maps. There must be an accountable Democratic captain for each neighborhood within the nation…. Third, Assembly Halls. Month-to-month conferences must be designed with utmost care. Finest practices for making conferences, working teams, and annual calendars heat and interesting must be gathered and disseminated. Formal guidelines and procedures shouldn’t be fetishized on the expense of partaking new members. … Lastly, Mutual Support. The get together ought to instantly take care of members and for the broader neighborhood. Democrats ought to do catastrophe aid, tackle homeless-shelter shifts, cook dinner meals when members have a child, welcome new immigrants to city, and host block events all year long. … That is all simpler dreamed than realized. Fostering a tradition of membership is a long-haul mission—extra just like the planting of acorns than the planting of sunflower seeds.” • Dude. When Labour UK becmae a membership group, they received Jeremy Corbyn, and who desires that?

Syndemics

“I’m in earnest — I can’t equivocate — I can’t excuse — I can’t retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison

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Covid Assets, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; contains many counties; Wastewater Scan, contains drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide information). “An infection Management, Emergency Administration, Security, and Common Ideas” (particularly on hospitalization by metropolis).

Lambert right here: Readers, thanks for the collective effort. To replace any entry, do be at liberty to contact me on the handle given with the crops. Please put “COVID” within the topic line. Thanks!

Assets, United States (Native): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater experiences); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur d’Alene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (wastewater); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).

Assets, Canada (Nationwide): Wastewater (Authorities of Canada).

Assets, Canada (Provincial): ON (wastewater); QC (les eaux usées); BC (wastewater); BC, Vancouver (wastewater).

Hat tricks to useful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, KF, KidDoc, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, sq. coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).

Keep protected on the market!

Airborne Transmission: H5N1

“Dependence of aerosol-borne influenza A virus infectivity on relative humidity and aerosol composition” [Frontiers in Microbiology]. They’ve a flowery new machine: “We describe a novel biosafety aerosol chamber outfitted with state-of-the-art instrumentation for bubble-bursting aerosol technology, measurement distribution measurement, and condensation-growth assortment to reduce sampling artifacts when measuring virus infectivity in aerosol particles.” Curiously: “Regardless of many years of analysis, there stays nice problem in figuring out and understanding the elements that management the unfold of influenza epidemics, which happen every year in each hemispheres. On this examine, we aimed to simulate exhalation, airborne residence, and re-inhalation of IAV-containing particles as precisely as attainable. As an preliminary step, we particularly used purely saline aerosol particles to keep away from the complexity of pure matrices. We revealed giant discrepancies between aerosol-borne viruses and former microliter droplet experiments carried out with comparable matrices. The discrepancies between aerosol and deposited droplet experiments must be defined with a purpose to get hold of a dependable mannequin for aerosol transmission.” • Thanks, droplet dogmatists.

Maskstravaganza

Smile Nazis in music:

Testing and Monitoring: H5N1

“Chicken flu infections in farmworkers are going undetected, examine exhibits” [STAT]. “[CDC] findings, revealed Thursday, recommend {that a} small however not insignificant variety of H5N1 infections are going undetected amongst individuals who work with dairy cows. Blood samples taken from 115 farm employees in Michigan and Colorado over the summer season discovered proof of a current an infection in eight people — half of whom recalled being sick across the identical time the cows have been sick. The opposite half couldn’t recall having any signs.” Serological surveys. Extra: “In response to the brand new information, the CDC is now recommending that any farm employees who have been uncovered to contaminated animals be examined for H5N1, whether or not or not they’ve signs. Beforehand, the company suggested that solely people who had been uncovered and had signs be examined. The aim of this enlargement is to accentuate case-finding efforts, in order that even employees with delicate or unnoticeable infections will be provided therapy and isolation. The CDC can be recommending that Tamiflu be provided to any people on a farm with contaminated animals who’ve had a high-risk publicity — like being splashed with milk from a dairy cow or collaborating in a culling operation on a poultry farm — with out enough private protecting tools. The CDC’s examine discovered that each one eight folks with H5N1 antibodies had reported cleansing milking parlors, and most reported milking cows. None of them reported sporting respiratory safety and fewer than half wore eye safety.”

Elite Maleficence

“ASHRAE Customary 62: tobacco business’s affect over nationwide air flow requirements” [Tobacco Control]. BMJ 2002 (!). From the Summary: ” The tobacco business has been concerned within the improvement of air flow requirements for over 20 years. It has efficiently influenced the usual and continues to aim to vary the usual from a smoke-free framework into an “lodging” framework. The business acts instantly and thru consultants and allies. The most important well being teams have been largely absent and the well being pursuits have been poorly represented in normal improvement. Whereas concentrated within the USA, ASHRAE requirements are adopted worldwide.” • Commentary:

“Realized and Unlearned Classes in High quality and Security From Hospitals’ COVID-19 Burdens” (Invited Commentary) [JAMA]. “[S]until absent from the peer-reviewed literature is a dialogue of the significance of hospital high quality efficiency reporting and benchmarking in occasions of disaster as a mechanism to make sure security. Hospitals within the US have been successfully relieved of their obligations to offer high-quality pandemic-era care when pay-for-performance packages, rankings, and scores . The findings of Metersky et al exhibit that high quality and security information are wanted greater than ever throughout occasions of disaster. This may permit sufferers and payers to know which hospitals have resilient programs with a purpose to make knowledgeable selections about the place they select to obtain and fund well being care.” Luckily: “With hospital-specific COVID-19 admissions information from HHS coupled with patient-level Medicare or different digital well being document or claims information, it’s nonetheless attainable to recreate the unreported pandemic-era high quality outcomes benchmarks to determine resilient hospitals, programs, and processes throughout surge capability. The truth is, the Facilities for Medicare & Medicaid Companies’ FY 2025 Inpatient Potential Fee System Proposed Rule will prolong the COVID-19 admissions information to incorporate information for all respiratory sicknesses.”

IPC = An infection Prevention and Management. I apologize for the size, but it surely occurred to me that if any readers find yourself in hospital, the highlighted strategies of an infection present a very good guidelines:

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TABLE 1: Each day Covid Charts

Wastewater
This week[1] CDC November 4 Final Week[2] CDC (till subsequent week):

Variants [3] CDC November 9 Emergency Room Visits[4] CDC November 2

Hospitalization
New York[5] New York State, information November 8: Nationwide [6] CDC November 8:

Positivity
Nationwide[7] Walgreens November 11: Ohio[8] Cleveland Clinic November 9:

Vacationers Information
Positivity[9] CDC October 21: Variants[10] CDC October 21:

Deaths
Weekly Deaths vs. % Positivity [11] CDC November 2: Weekly Deaths vs. ED Visits [12] CDC November 2:

LEGEND

1) for charts new at the moment; all others will not be up to date.

2) For a full-size/full-resolution picture, Command-click (MacOS) or right-click (Home windows) on the chart thumbnail and “open picture in new tab.”

NOTES

[1] (CDC) Excellent news!

[2] (CDC) Final week’s wastewater map.

[3] (CDC Variants) KP.* nonetheless in style. XEC has entered the chat. That WHO label, “Ommicron,” has accomplished an important job normalizing successive waves of an infection.

[4] (ED) Down.

[5] (Hospitalization: NY) Steadily down.

[6] (Hospitalization: CDC). Really improved; it’s now one of many few charts to indicate the whole course of the pandemic to the current day.

[7] (Walgreens) Down.

[8] (Cleveland) Down.

[9] (Vacationers: Positivity) Down.

[10] (Vacationers: Variants). Now XEC.

[11] Deaths low, positivity down.

[12] Deaths low, ED down.

Stats Watch

There aren’t any official statistics of curiosity at the moment.

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Antitrust: “How Albertsons Kills Rural Grocers with Land Use Restrictions” [Matt Stoller, BIG]. “[S]upermarket executives see rural markets as notably straightforward to monopolize, as a result of there may be typically only one retailer. They also have a identify, “no-comp[etition] or low-comp[etition] zones,” in line with one govt on the stand. In fact that is smart, we’d count on corporations to maximise earnings the place they’ll. One could be tempted to say, effectively, there are some cities that may’t assist multiple retailer. And that could be true, besides that there are a number of examples of grocery store chains utilizing ways in such cities to thwart the opening of competitors. How? Effectively, they discover a solution to dominate the present plots of land and buildings appropriate for such a retailer. In June, as an illustration, Washington state Lawyer Common Bob Ferguson, who can be litigating in opposition to the merger, fined Albertsons $25,000 for imposing a land use restriction on a retailer it offered in 2018 in a low-income part of Bellingham, Washington. As a part of the sale, the grocery store large put a requirement on the deed that no grocery retailer may open there till 2038. Ferguson discovered this provision was a violation of the state antitrust legislation. These sorts of land use restrictions are probably widespread. A number of months in the past, I received an e-mail from an economist targeted on rural areas, who defined how Albertsons abuses its market energy in a collection of small snowboarding cities in rural California utilizing an analogous technique.”

Manufacturing: “Boeing reaches settlement to avert civil trial in 2019 Max crash” [Straits Times]. “The crash of the Ethiopian Airways airplane killed 157 folks. The trial was set to start on Nov 12 in Chicago. It initially concerned six plaintiffs however till now all however one had settled, in line with a supply acquainted with the case. The listening to on Nov 12 will happen to tell Choose Jorge Alonso of the settlement, who should approve the deal for it to be formally settled, the supply stated. ‘It’s a damage-only trial, that means no proof relating to the legal responsibility of Boeing might be introduced,’ the supply instructed AFP.” • Too dangerous.

Manufacturing: “Boeing Acquired The Straightforward Half Carried out. Now Comes The Harder, Existential Issues” [Seattle Medium]. “Boeing is America’s largest exporter, and due to this fact very uncovered to any commerce struggle. China is the most important international marketplace for new plane purchases, with Boeing forecasting that China’s fleet of economic jets will double within the subsequent 20 years. The plane maker has been down this street earlier than. The corporate’s gross sales to China floor to a near-halt in 2017 as commerce tensions between the 2 nations escalated throughout Trump’s first time period. Orders from Chinese language patrons fell from 64 in 2016 to 51 in 2017 to zero in each 2018 and 2019. An analogous drop may happen if a brand new commerce struggle breaks out. ‘We actually don’t know what Trump will do with Chinese language tariffs,’ stated Richard Aboulafia, managing director at AeroDynamic Advisory, an business advisor. ‘But when he slaps 60% tariffs on all Chinese language items, the quickest method for China to retaliate is to modify to (Boeing rival) Airbus for 100% of its wants.’ Boeing has seen a modest resumption of gross sales and deliveries to China just lately, with 20 orders in 2021 and 15 in 2023. To this point this 12 months it has 53 deliveries to China, up from 35 within the 4 earlier years mixed.”

Manufacturing: “Workers throughout Boeing face sweeping layoffs this week” [Seattle Times]. “Boeing staff will be taught Wednesday who will lose their jobs in mid-January within the spherical of layoffs Boeing introduced final month. The cuts might be broadly unfold throughout the corporate and, regardless of some expectations earlier, engineers and manufacturing employees gained’t be exempt…. However a Boeing senior engineering supervisor in St. Louis stated the cuts within the works goal a roughly 10% discount throughout the engineers supporting navy packages, together with the F-15 and F/A-18 jet fighters and the Navy’s P-8 submarine hunter, which is in-built Renton with navy programs put in in Seattle. These engineering organizations will shrink, stated the supervisor, who requested to not be recognized to guard his job. “If the concept in Kelly’s thoughts is reducing overhead and packages won’t be impacted, that’s not what’s taking place.’…. Nonetheless, it’s clear non-front-line positions will endure greater losses. And white-collar workers working remotely could also be notably focused as Ortberg tries to get the workforce related and aligned together with his new path. A supervisor of a small staff of about 15 folks, all working remotely — and mockingly targeted on methods to enhance effectivity in program administration — instructed one worker to count on a 30% reduce in his staff. ‘If we aren’t holding a wrench, if we’re thought of overhead, it’s about 30%,’ stated the worker, who additionally requested to not be recognized to guard his job. The discount for ‘folks engaged on planes could be lower than 5%.’”

Manufacturing: “Boeing delivers fewest planes since 2020, warns manufacturing unit restart after strike will take weeks” [CNBC]. “As the employees return, Boeing has to evaluate potential hazards, restate machinist duties and security necessities, and make sure that all coaching {qualifications} are present, a spokesman stated. ‘It’s a lot more durable to show this on than it’s to show it off,’ CEO Kelly Ortberg stated through the firm’s quarterly name final month. ‘So it’s completely important that we do that proper.’”

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At the moment’s Worry & Greed Index: 69 Greed (earlier shut: 67 Greed) [CNN]. One week in the past: 47 (Impartial). (0 is Excessive Worry; 100 is Excessive Greed). Final up to date Nov 12 at 1:49:44 PM ET.

Photograph Ebook

“Leaving and Waving” [Deanna Dikeman]. “For 27 years, I took images as I waved goodbye and drove away from visiting my mother and father at their residence in Sioux Metropolis, Iowa. I began in 1991 with a fast snapshot, and I continued taking images with every departure. I by no means got down to make this collection. I simply took these images as a solution to cope with the disappointment of leaving. It regularly become our goodbye ritual. And it appeared pure to maintain the digital camera busy, as a result of I had been taking photos day by day whereas I used to be there. These images are half of a bigger physique of labor I name Relative Moments, which has chronicled the lives of my mother and father and different relations since 1986. After I found the collection of collected “leaving and waving” images, I discovered a narrative about household, growing old, and the sorrow of claiming goodbye. In 2009, there’s a {photograph} the place my father is now not there. He handed away just a few days after his 91st birthday. My mom continued to wave goodbye to me. Her face turned extra forlorn with my departures. In 2017, my mom needed to transfer to assisted dwelling. For just a few months, I photographed the good-byes from her residence door. In October of 2017 she handed away. After I left after her funeral, I took another {photograph}, of the empty driveway. For the primary time in my life, nobody was waving again at me.”

Zeitgeist Watch

“Why Shut Studying is An Important A part of Literary Translation” [Literary Hub]. “Studying—’this fruitful miracle of communication within the bosom of solitude,’ as Proust referred to as it in a translator’s preface— is miraculously and mysteriously neither goal nor subjective, neither purely taking one thing in nor purely revealing or expressing what’s inside oneself. It’s a complicated interaction of the self and the world, analogous to notion—we see what’s actually there on this planet, however we see it, and it’s there in our world, the atmosphere we transfer in and care about, which is totally different from the atmosphere of every other particular person or animal in the identical bodily house.” • Take that, influencers!

Class Warfare

“The ‘Happiness Plateau’ Doesn’t Exist” [Bloomberg]. “[T]he newest tutorial work chips away on the thought that there’s a plateau, simply as earlier tutorial work chipped away on the thought of joyful peasants and depressing bourgeois. Matthew Killingsworth, of the College of Pennsylvania’s Wharton Enterprise Faculty, has amassed a pattern of multiple million real-time experiences of skilled well-being within the US (compiled by getting folks to report their day-to-day well-being on their smartphones). In a 2021 paper he studied 33,000 individuals who supplied such real-time proof and found three issues: that there isn’t any proof of a divergence between evaluative and real-time well-being; that real-time well-being rises linearly with earnings and, third, that the slope is simply as steep above $80,000 a 12 months as under. The concept of a happiness plateau is for the birds: Increased incomes are clearly related to each feeling higher on a day-to-day foundation and being extra glad together with your life general. What about individuals who earn effectively above $80,000? In a brand new paper Killingsworth compares the reported life-satisfaction of his pattern of 33,000 People with all kinds of incomes with the reported life-satisfaction of two teams of ultra-wealthy people: millionaires from all over the world and members of the Forbes 400 listing of the richest People. His conclusions are well-summarized within the title of his examine: ‘Cash and Happiness: Prolonged Proof in opposition to Satiation.’ Actually rich persons are considerably happier than the very best earners within the peculiar earnings group should you take ‘life satisfaction’ as a significant measure of happiness. Furthermore, the happiness hole between actually rich folks and middle-income earners is 3 times as giant because the happiness hole between center and low-income teams. We not solely get happier as we transfer from the middle-income herd to the Succession crowd, however we get so much happier. Killingsworth’s examine is just not excellent: There may be such a scarcity of proof in regards to the well-being of the actually rich that one of many research he depends on, of the Forbes 400, dates from 1985 (the opposite is from 2018). However by no means has the phrase ‘extra analysis is required’ sounded extra enticing.” • If there have been in actual fact a happiness plateau, would there not additionally are typically a capital accumulation plateau for capitalist house owners? There doesn’t appear to be.

Alert reader JM forwards this sugarpack from Spain:

JM writes: “Studying the dialogue about Angus Deaton in at the moment’s (11/11/24) Water Cooler, I considered a photograph I snapped on a current journey to Spain. Fascinating to order a espresso and discover this on my sugar packet….”

Information of the Wired

Ooops:

That’s not gonna make peer evaluate any simpler:

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Contact info for crops: Readers, be at liberty to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn the way to ship me a verify if you’re allergic to PayPal and (b) to learn the way to ship me photos of crops. Greens are tremendous! Fungi, lichen, and coral are deemed to be honorary crops! If you would like your deal with to look as a credit score, please place it at the beginning of your mail in parentheses: (thus). In any other case, I’ll anonymize through the use of your initials. See the earlier Water Cooler (with plant) right here. From MR:

MR writes: “A photograph of an ‘providing’ that I and some buddies made on September 29 as a part of a birthday ritual for me. Notice the cupcakes, which we ultimately ate.”

Variety readers, due to those that immediately responded! Nonetheless, my queue for plant photos remains to be quick, and that all the time makes me queasy. Do you could have an photos to ship in, particularly of autumn produce or winter initiatives? Thanks!

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Readers: Water Cooler is a standalone entity not coated by the annual NC fundraiser. Materials right here is Lambert’s, and doesn’t categorical the views of the Bare Capitalism website. For those who see a hyperlink you particularly like, or an merchandise you wouldn’t see wherever else, please don’t hesitate to specific your appreciation in tangible type. Bear in mind, a tip jar is for tipping! Common optimistic suggestions each makes me really feel good and lets me know I’m heading in the right direction with protection. After I get no donations for 3 or 4 days I get fearful. Extra tangibly, a relentless trickle of donations helps me with bills, and I consider that trickle when setting fundraising objectives:

Right here is the display that can seem, which I’ve helpfully annotated:

For those who hate PayPal, you possibly can e-mail me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, and I provides you with instructions on tips on how to ship a verify. Thanks!

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About Lambert Strether

Readers, I’ve had a correspondent characterize my views as practical cynical. Let me briefly clarify them. I consider in common packages that present concrete materials advantages, particularly to the working class. Medicare for All is the prime instance, however tuition-free faculty and a Put up Workplace Financial institution additionally fall underneath this heading. So do a Jobs Assure and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can ship on such packages, as a result of the 2 are totally different flavors of neoliberalism (“As a result of markets”). I don’t a lot care in regards to the “ism” that delivers the advantages, though whichever one does need to put widespread humanity first, versus markets. Could possibly be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t a lot care, so long as the advantages are delivered.

To me, the important thing concern — and for this reason Medicare for All is all the time first with me — is the tens of 1000’s of extra “deaths from despair,” as described by the Case-Deaton examine, and different current research. That big physique depend makes Medicare for All, on the very least, an ethical and strategic crucial. And that degree of struggling and natural harm makes the considerations of identification politics — even the worthy combat to assist the refugees Bush, Obama, and Clinton’s wars created — brilliant shiny objects by comparability. Therefore my frustration with the information circulation — at the moment in my opinion the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the opposite by out-of-power liberals and their allies within the State and within the press — a information circulation that continually forces me to give attention to issues that I regard as of secondary significance to the surplus deaths. What sort of political economic system is it that halts and even reverses the will increase in life expectancy that civilized societies have achieved? I’m additionally very hopeful that the persevering with destruction of each get together institutions will open the house for voices supporting packages just like these I’ve listed; let’s name such voices “the left.” Volatility creates alternative, particularly if the Democrat institution, which places markets first and opposes all such packages, isn’t allowed to get again into the saddle. Eyes on the prize! I really like the tactical degree, and secretly love even the horse race, since I’ve been running a blog about it every day for fourteen years, however every little thing I write has this attitude behind it.













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