2:00PM Water Cooler 10/15/2024 | bare capitalism

Date:


By Lambert Strether of Corrente.

Blue-and-white Mockingbird, Montaña de Izopo–Sector Las Moras, Francisco Morazán, Honduras. “Longer lower of quiet track of clipped low phrases with sudden louder bursts interspersed, together with mechanical-sounding vocalizations. Additionally heard are Painted Redstart, Dusky-capped Flycatcher, Wilson’s Warbler, Orange-billed Nightingale-Thrush, and Furry Woodpecker.”

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

Lower than thirty days to go!

Friday’s RCP Ballot Averages:

If you happen to ignore the complete idea of margin of error and go along with the narrative, one other good week for Trump, particularly in MI and PA, tbough not, oddly, within the two hurricane swing states, GA and NC. In fact, we on the skin may as properly be analyzing the entrails of birds after we attempt to predict what is going to occur to a subset of voters (undecided; irregular) in a subset of states (swing), and the irregulars particularly may as properly be quantum foam, however presumably the marketing campaign professionals have higher information, and have the state of affairs as below management as it may be MR SUBLIMINAL Fooled ya. Kidding!.

* * *

“Trump is in a greater polling spot now than he was in opposition to Clinton or Biden” [USA Today]. “If polls are any information – and there are lots of questions on them – Republican presidential nominee Donald Trump is in higher form now than he was at the moment in 2020 and in his successful White Home marketing campaign of 2016. Sure, Trump trails Democratic presidential nominee Kamala Harris in most polls. However the all-important caveat is that he’s down in opposition to the incumbent vp by smaller margins than he confronted in his first two normal elections – each of which noticed him rating greater with precise voters than those who responded to pollsters.” • Useful chart:

* * *

Kamala (D): “Tensions rise between Harris and Biden groups as election nears” [Axios]. “Biden gave an impromptu press convention within the White Home briefing room Friday simply as Harris was about to do an occasion in Michigan, guaranteeing that her occasion would get much less TV protection than it in any other case would have. Earlier within the week, Harris criticized Florida Gov. Ron DeSantis (R) for not taking her name concerning the latest hurricanes, just for Biden to reward DeSantis quickly after for being ‘gracious’ and ‘cooperative.’ (An individual conversant in the state of affairs instructed Axios that Biden hadn’t been briefed on Harris’ feedback.) Biden has been wanting to boast a few sturdy jobs report, serving to to finish the strike by the longshoremen’s union and different perceived victories lately. Harris has been attempting to concentrate on voters’ pocketbook considerations, together with inflation. One individual concerned with Harris’ marketing campaign instructed Axios: ‘The White Home is missing somebody within the room pondering initially about how issues would have an effect on the marketing campaign.’” • I’m beginning to suppose “room” must be a type of phrases. When you discover it, it’s in all places. Began witb “adults within the room,” I believe. Keep in mind them?

Kamala (D): “Kamala Harris’ press tour was a missed alternative” [MSNBC]. “And that’s the drawback: The Harris marketing campaign carried out this tour not as a result of it had one thing new to say, however as a result of it wanted to redirect the media narrative about its candidate. ‘There may be at instances an impression that her marketing campaign consists virtually totally of pivots,’ Alex Shephard neatly noticed in The New Republic earlier this week, whereas a New York Instances headline mentioned she ‘Continues to Bob and Weave’ in interviews. All of it provides to the very temper the press tour was purported to dispel.” And: “Because the media tour got here to a detailed with a Univision city corridor on Thursday evening, I used to be left with the identical imprecise impression I had earlier than the press tour — which makes that tour a large missed alternative. There was no second akin to Invoice Clinton blowing the horn on ‘The Arsenio Corridor Present’ in 1992, nothing shocking or sudden. Working out the clock could [???] not be an possibility. ‘Polls coming in present Harris peaked and interviews not serving to. Swing states trending away from Harris,’ veteran pollster Mark Penn wrote in a social media put up. ‘It’s not over till it’s over and that is nonetheless on a razor’s edge so it could flip again however that’s a good learn of latest polling.’ And in The New York Instances, the previous Obama communications director Daniel Pfeiffer identified that Trump is making essential inroads with youthful males by showing on nontraditional podcasts and streaming reveals. Pfeiffer noticed that 13 million individuals watched Trump’s interview with comic Theo Von, ‘about twice the viewership of Kamala Harris and Tim Walz’s a lot ballyhooed interview with Dana Bash of CNN.’”

Kamala (D): “Contained in the media blitz: three days on the marketing campaign path with Kamala Harris” [Guardian]. “She was comfy in her pores and skin.” • I haven’t heard that one deployed in years.

Kamala (D): A lot for Black Insurrectionist? He of the Tim Walz oppo?

Observe the followers on the left hand display screen shot, who disappeared on the suitable hand display screen shot. And once you’ve misplaced Megyn Kelly:


* * *

Kamala (D): “Democratic voter registration raises crimson flags for Harris” [The Hill]. “Democrats’ voter registration benefit has dropped in three key battleground states — Pennsylvania, North Carolina and Nevada — elevating a crimson flag for Vice President Harris as specialists cite a scarcity of enthusiasm for the Biden administration model and the Democratic Celebration, typically, as issues.” And: “David Paleologos, the director of the Political Analysis Middle at Suffolk College in Boston, mentioned Democrats had a few 666,000-person voter registration benefit over Republicans in Pennsylvania in 2020, which has shrunk to a 354,000-person benefit in 2024. He mentioned the Democrats’ voter registration benefit in North Carolina has shrunk from 393,000 voters in 2020 to roughly 130,000 voters in 2024. ‘The overall shift has been away from being registered as a Democrat during the last 4 years,’ Paleologos instructed The Hill.’ It’s been extra of a lower of registered Democrats’ than a surge in Republican voter registrations, he defined. ‘I don’t suppose lots of people have actually put their arms round the truth that when Trump received North Carolina in 2020, there have been like 390,000 extra registered Democrats and he nonetheless received, and at this time the benefit of Democrats over Republicans is simply like 130,000. It’s been lower by two-thirds of a bonus,” he mentioned.” And: “In Nevada, Paleologos mentioned Democrats have seen their voter registration benefit fall away. He mentioned Democrats’ had a internet registration benefit of practically 79,000 in 2020. It has since fallen to a internet benefit of 29,000 registered voters. ‘It could possibly be sufficient to maintain it shut, or it might go to Trump, simply because they’ve misplaced 50,000 internet registered Democrats,’ he mentioned.” •

Kamala (D): “CNN’s Enten: GOP Has Made Huge Positive factors In Celebration Registration, Identification Since 2020” [RealClearPolitics]. “CNN’s Harry Enten checked out occasion registration information within the swing states and nationally forward of the 2024 election, which he says in comparison with previous elections, suggests Republicans are on monitor to win…. The query is: The place are they choosing up floor? This, to me, says all of it. If you happen to take a look at Pennsylvania counties the place the GOP has gained in registration, in counties the place lower than 50% of the inhabitants is non-college white voters, Republicans have gained only a level. However in areas the place over 50% are non-college whites, take a look at this—Republicans have gained six factors on common. They’re choosing up floor within the areas you’d count on: non-college white-dominated areas, coal nation within the northeast, southwest exterior of Pittsburgh. The underside line is, the registration developments we’ve been seeing over the previous couple of cycles — with Republicans dominating amongst non-college white voters — are very a lot exhibiting up in occasion registration.” And: “Celebration registration is once you’re really registered with a celebration. Celebration ID is once you say, ‘I really feel like a Democrat at this time’ or ‘I really feel like a Republican.’ They’re correlated, however they’re not precisely the identical. The GOP leads by a degree in occasion identification proper now. The common when the Republican Celebration loses is the Democrats forward by eight. When the Republican Celebration wins, the typical occasion ID benefit for Democrats is at three. Republicans proper now, are doing even higher than the typical after they win. If there’s one little nugget that I believe Republicans are actually useful for this occasion ID and this occasion registration information, it actually factors in a very good course for them and for Donald Trump.”

“Harris rallies in a Pennsylvania bellwether county, calling Trump too ‘unstable and unhinged’ to be president” [NBC]. “To make up for any losses in rural areas, Harris’ marketing campaign has sought to court docket Nikki Haley voters from the GOP primaries, who’re concentrated largely in well-educated suburbs and will assist Harris develop her coalition and enhance on Biden’s 2020 margins.” • Therefore, Dick Cheney’s spawn.

* * *

Kamala (D): “Harris Fights to Counter Trump’s Enchantment With Black Males” [Wall Street Journal]. On Obama’s intervention: “”‘Whereas I perceive the sentiment of getting a want to see elevated engagement, chastising voters has by no means labored, and it received’t work this time both,’ mentioned [Quentin James, founder and president of the Collective PAC, a pro-Harris group], who gave the Harris marketing campaign suggestions on the brand new set of insurance policies rolled out on Monday aimed toward bettering the financial place of Black males. Requested if it could be useful for Obama to reiterate these feedback at future marketing campaign stops, James mentioned: ‘If the purpose is to extend Black male engagement, hell no.’” Extra: “The brand new insurance policies and soccer meetup [stereotype] are a part of Harris’s newest efforts to achieve out to Black males, a core constituency for the occasion. Polling reveals a possible lack of enthusiasm amongst these voters with early voting already below method in some states. Securing the help of Black males might show decisive in key battleground races, notably as Harris makes an attempt to drive up turnout in locations like Detroit, Philadelphia and Atlanta. The vp needs to supply a million forgivable enterprise loans for Black entrepreneurs to make use of to begin companies, create extra coaching and apprenticeship applications and examine illnesses, resembling diabetes and sickle cell anemia, that predominantly have an effect on Black males…. The Harris marketing campaign’s self-described ‘alternative agenda for Black males’ would regulate cryptocurrency and digital currencies to guard Black traders, promote extra Black males into the educating occupation and reiterate the vp’s help for legalizing marijuana.” • Perhaps I didn’t get the memo, however I don’t see how crypto matches in right here. Additionally, talking of an “alternative financial system,” how about an amnesty for the marijuana growers and sellers who constructed a enterprise sector now price billions? Legalization is just not sufficient.

Kamala (D): Perhaps the the “Manly Man” advert wasn’t aimed toward males in any respect? Hat tip Nippersdad:

Perhaps I’m assuming the Harris hive thoughts is extra Machiavellian than it truly is, however possibly the advert — hear me out — was aimed toward suburban ladies? (“We promise males will likely be as males are on this advert”). Type of a really gentle contact model of Lysistratic Non-Motion. Only a thought! And on white ladies:


* * *

Trump (R): “Trump’s Pennsylvania city corridor, interrupted by medical emergencies in crowd, became an impromptu live performance” [ABC]. “Former President Donald Trump’s city corridor in Oaks, Pennsylvania, on Monday night was interrupted twice by medical emergencies in a really heat Higher Philadelphia Expo Middle and Fairgrounds earlier than he pivoted — turning the live performance into an impromptu live performance the place he stood on stage swaying to music for practically 45 minutes. There was a medical emergency that required an attendee to be positioned on a stretcher about half-hour into the occasion. As the gang began singing ‘God Bless America,’ Trump requested that ‘Ave Maria’ be performed on the loudspeakers as medics tended to the person. Moments later, there was a second medical emergency…. Following the medical emergencies, Trump requested that the doorways be opened however he was suggested that for safety causes that wasn’t doable. Each Trump and moderator South Dakota Gov. Kristi Noem commented on the warmth within the room…. He continued, “Let’s not do any extra questions. Let’s simply take heed to music. Let’s make it right into a music fest. Who the hell needs to listen to questions proper? Isn’t that lovely?” The previous president, adamant about enjoying his music, stood on stage for practically 45 minutes swaying to a number of songs on his playlist as the gang sang and danced alongside. The gang slowly dispersed, however many stayed for the whole thing of the marketing campaign occasion.” ¨• There’s a variety of dogpiling over this on the Twitter, but when the gang was singing and dancing alongside, they usually didn’t depart, I believe that’s nice, and nice word-of-mouth for Trump (jogs my memory of a Grateful Useless live performance when the sound system failed). Laborious to think about Kamala doing this (no expertise with present enterprise, no related connection to the gang, I’m guessing, and no capability to improvise as Trump did. I think about the employees would have shut the rally down totally, which would have been a debacle).

* * *

PA: “Harris rallies in a Pennsylvania bellwether county, calling Trump too ‘unstable and unhinged’ to be president” [NBC]. “ERIE, Pa. — Vice President Kamala Harris rallied a packed crowd Monday evening in Erie County, a bellwether that has a knack for predicting who carries Pennsylvania, having mirrored the result of this important battleground state within the final 4 elections. Harris sharpened her assaults on Donald Trump, utilizing an enormous display screen to play clips of the previous president calling for outlawing dissent and criticisms amongst ‘the enemy inside.’” The large display screen is new, I believe. Extra: “[Erie’s] median earnings is decrease than the nationwide common, as is its share of college-educated individuals…. Fetterman received the state by maximizing votes within the metropolitan areas and limiting his margins of defeat within the red-trending rural areas. Now, he’s attempting to assist Harris do the identical. Whereas Obama and Gov. Josh Shapiro rallied Thursday in Pittsburgh, Fetterman toured the crimson counties to make the case for her…. ‘Typically it’s not about turning these counties blue. You’re not going to alter the tradition of rural-county Pennsylvania. It’s about reaching out to reachable individuals,’ he mentioned. ‘I’d be stunned if she wins by 3 factors. She is going to win Pennsylvania, however I’d count on it may be nearer than that.’”

PA: “How Pittsburgh’s Suburbs May Flip Pennsylvania to Trump” [RealClearPennsylvania]. ” As a substitute, the main focus lies on subdivision-spawned locations like Cranberry Township to the north, the bed room communities of southern Butler County, and the once-solid Rust Belt Democrat precincts of Washington County to the south. These areas, lots of which have been dependable elements of the Democratic coalition for the reason that time of the New Deal, are trending Republican in ways in which ought to alarm occasion strategists. This oversight is partly comprehensible – the Philadelphia metro space is considerably bigger (6.3 million individuals versus Pittsburgh’s 2.37 million), richer, and several other hours nearer to main media markets. Nevertheless it’s a mistake that might result in how-could-it-happen-here headlines on election evening if the GOP secures a win on the again of southwestern Pennsylvania’s suburban voters. The numbers paint a stark image of this evolution. In 2000, Democrats carried Allegheny County, residence to Pittsburgh, plus the seven surrounding counties by practically 86,000 votes. By 2020, regardless of huge Democratic beneficial properties inside Pittsburgh metropolis limits, this similar area swung to the Republicans by 38,000 votes. In a state determined by razor-thin margins in latest presidential contests, this 124,000-vote swing is seismic. Cranberry Township exemplifies this transformation. As soon as a sleepy rural neighborhood, it’s now a booming strip mall and chain eatery-lined suburb of over 30,000 individuals, greater than 90% of whom are white, with a decidedly Republican lean. In 2020, Donald Trump carried Cranberry with over 60% of the vote, a margin unthinkable only a few many years in the past when union-affiliated Democratic voters dominated the area. The transformation is much more pronounced in Washington County, as soon as the very definition of a union stronghold. Trump received the county by a staggering 22-point margin in 2020.”

PA: “Every week in a swing state taught me loads concerning the Maga cult, and gave me hope for Kamala Harris” [Guardian]. Price a learn, however holy moley. This editorial observe sums it up: “This text was amended on 13 October 2024 as a result of an earlier model mentioned that Hurricane Helene “ripped via the south-west”. The truth is the hurricane affected the south-east area.” Here’s a author who actually is aware of America!

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

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

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).

Transmission: H5N1

Ulp (1):

Ulp (2):

If we had been planning for a second pandemic — on high of Covid already weakened immunue programs at a inhabitants stage — it’s to see how we could possibly be doing a greater job. And wastewater:

Vaccines

“New Nasal Vaccines Supply Higher Safety from COVID and Flu—No Needle Wanted” [Scientific American]. “Vaccines delivered via the nostril are actually being examined for a number of illnesses. Within the U.S., early medical trials are exhibiting success. Two of those vaccines have generated a number of immune system responses in opposition to the COVID-causing virus in individuals who acquired them via a puff up the nostril; earlier this yr their makers acquired practically $20 million from Venture NextGen, the Biden-Harris administration’s COVID medical initiative. Researchers are optimistic {that a} nasal spray delivering a COVID vaccine could possibly be prepared for the U.S. as quickly as 2027. Though latest efforts have centered on inoculations in opposition to SARS-CoV-2, nasal vaccines might additionally shield us in opposition to the flu, respiratory syncytial virus (RSV), and extra.” • 2027 [bangs head on desk].

Sequelae: Covid

“COVID-19 raises the stakes for coronary heart assaults, strokes, and even dying lengthy after an infection, new examine finds” [Fortune]. “Virtually from the start of the COVID-19 pandemic, researchers and medical specialists feared–and sometimes loudly warned–that the virus wasn’t like different infections that folks may encounter throughout, say, flu season. SARS-CoV-2 was completely different. It was worse. And the potential long-term results, as we reported two years in the past, had been much more worrisome. A brand new large-scale examine places these longer-range considerations into daring reduction. The outcomes are as unforgiving as many specialists had hypothesized. The examine, involving practically a quarter-million adults, discovered that these with any sort of COVID-19 an infection in 2020 had twice the danger of struggling a significant cardiac occasion—a coronary heart assault, stroke, and even dying—within the three years after a analysis than those that weren’t contaminated. Folks whose infections had been extreme sufficient to warrant hospitalization confronted practically a 4 instances better threat of a significant cardiac occasion or dying than the uninfected group. ‘These findings are simple and very troubling,’ says David Putrino, the director of the Cohen Middle for Restoration from Complicated Power Sickness at Mount Sinai College of Medication. ‘The importance of this work is that our present public well being coverage surrounding COVID-19 is insufficient. Folks must be knowledgeable of the dangers they’re incurring to their long-term well being by being repeatedly contaminated with SARS-CoV-2.’” • Oh, yeah, private threat evaluation, that’s been working nice. Why not clear the air?

“Lengthy COVID Charges in Children Revised Upward: What to Know” [MedScape]. “In probably the most expansive examine of its type, researchers have for the primary time proven severe and prevalent signs of lengthy COVID in children and teenagers. The August examine, revealed within the Journal of the American Medical Affiliation, is among the many first giant complete research of the dysfunction on this age group. The examine, which adopted 5367 kids, discovered that 20% of children (ages 6-11) and 14% of teenagers met researchers’ threshold for lengthy COVID. Till now, analysis has been missing as a result of kids had been regarded as much less vulnerable to each acute COVID-19 and lengthy COVID, specialists say. However by some estimates, as much as 5.8 million children and teenagers have the dysfunction. Research writer Rachel Gross, MD, an affiliate professor within the departments of pediatrics and inhabitants well being at NYU Langone, is consistent with the share of adults identified with lengthy COVID.” • Keep in mind at first, when the minimizers instructed us kids didn’t even get Covid? Good instances. Useful chart:

Social Norming

Another excuse for denial:

Rule #2 is common in scope:

* * *

TABLE 1: Every day Covid Charts

Wastewater
This week[1] CDC October 5 Final Week[2] CDC (till subsequent week):

Variants [3] CDC October 12 Emergency Room Visits[4] CDC October 5

Hospitalization
New York[5] New York State, information October 10: Nationwide [6] CDC September 21:

Positivity
Nationwide[7] Walgreens October 7: Ohio[8] Cleveland Clinic October 5:

Vacationers Information
Positivity[9] CDC September 16: Variants[10] CDC September 16:

Deaths
Weekly Deaths vs. % Positivity [11]CDC September 28: Weekly Deaths vs. ED Visits [12]CDC September 28:

LEGEND

1) for charts new at this time; all others usually are not 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) Nonetheless some sizzling spots, however I can’t draw circles round whole areas this week. Excellent news!

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

[3] (CDC Variants) KP.* highly regarded. XEC has entered the chat.

[4] (ED) Down, however price noting that Emergency Division use is now on a par with the primary wave, in 2020.

[5] (Hospitalization: NY) Positively down.

[6] (Hospitalization: CDC). I see the “every little thing in greenish pastels” crowd has gotten to this chart.

[7] (Walgreens) Huge drop continues!

[8] (Cleveland) Dropping.

[9] (Vacationers: Positivity) Up, although lagged.

[10] (Vacationers: Variants).

[11] Deaths low, positivity down.

[12] Deaths low, ED down.

Stats Watch

Manufacturing: “United States NY Empire State Manufacturing Index” [Trading Economics]. “The NY Empire State Manufacturing Index plummeted to -11.9 in October 2024, down from 11.5 in September and shocking analysts who anticipated it at 3.8. This marks the worst studying since Could, pointing to a renewed contraction within the New York State and at a stable tempo.”

* * *

Manufacturing: “Boeing’s disaster is getting worse. Now it’s borrowing tens of billions of {dollars}” [CNN]. “In a regulatory submitting early Tuesday, the corporate introduced plans to borrow $10 billion from a consortium of banks. It additionally individually introduced plans to lift $25 billion by promoting inventory and debt. The $10 billion borrowing plans can be included within the $25 billion that Boeing filed to lift…. Boeing’s credit standing has plunged to the bottom investment-grade stage – simply above “junk bond” standing – and main credit standing businesses have warned Boeing is in peril of being downgraded to junk. That might increase its value of borrowing.”

Manufacturing: “Official: Boeing 777X supply delayed till at the least 2026” [Mile Lion]. “Up until lately, Boeing was nonetheless making optimistic noises a few late 2025 debut for the plane, with Emirates CEO Tim Clark stating on the 2023 Dubai Airshow that he hoped to get his first B777-9 by October 2025. However that was at all times going to be a tall order, and now now we have official affirmation of what’s maybe the worst-kept secret in aviation: the Boeing 777X is formally delayed until at the least 2026. Take into account, it’s not simply the work stoppage that’s the issue. The B777X has had a torrid time with its certification, with the FAA chiding the airline at one level that its proposed certification schedule was ‘outdated and now not replicate the programme actions.’ Whereas the all-important Kind Inspection Authorisation (TIA) was granted in July 2024, enabling the corporate to start the certification course of, it’s not all been clean crusing. Simply a few months in the past, the take a look at fleet was grounded after a routine post-flight inspection revealed the failure of a thrust hyperlink that mounts the engine to the plane.” • Yikes.

Manufacturing: “Emirates’ Clark raises ‘looming’ specter of Boeing chapter safety” [The Air Current]. “In an e mail to The Air Present following the introduced Oct. 11 delay to the certification of Boeing’s 777-9 flagship jetliner, [Emirates president Sir Tim Clark, Boeing’s largest twin-aisle jet customer,] mentioned, ‘Until the corporate is ready to increase funds via a Rights Problem, I see an imminent funding downgrade with Chapter 11 looming on the horizon.’” • Or nationalization.

Manufacturing: “Boeing Is Flexing the Monetary Muscle It Has Left” [Bloomberg]. The deck: “Traders are betting {that a} backlog of just about 5,500 plane will finally unlock a mountain of money.” Extra: “Effectively, the corporate has about 5,500 plane that it has already offered and solely must assemble and ship. Traders see a mountain of money locked up in that backlog. All the corporate has to do is settle a nasty strike of 33,000 machinists, revamp its work tradition to place high quality above all, stabilize its provide chain, end work on the brand new 777X plane and crank out planes. In fewer phrases, Boeing must execute. It is a daunting activity, and most traders consider the corporate has lastly chosen the suitable individual to tug off this historic turnaround after Kelly Ortberg was employed as chief govt officer in August. The thermometer for investor sentiment round Boeing’s means to proper the ship will likely be mirrored within the value of the brand new shares, which might increase $10 billion or extra to assist shore up its funds.” • So I suppose that’s why Ortberg is busting the machinist’s chops? For “investor sentiment”?

Manufacturing: “Boeing layoff plan suggests deep white-collar job cuts” [Seattle Times]. “The exclusion for now of 33,000 Machinists from the deliberate cuts implies that Boeing can attain the ten% goal said within the slides for the Industrial Airplanes unit solely via deep cuts among the many white-collar employees, together with engineers and nonunion salaried staff…. Maybe the pondering is that shedding Machinists now may inflame passions and make the strike tougher to settle. If that’s so, blue-collar layoffs might come later. Nonetheless, the necessity for the layoffs has little to do with the Machinists’ strike. It’s a restructuring by new CEO Kelly Ortberg designed to handle the broader and deeper issues Boeing faces….The one method ahead for Boeing is to begin constructing planes once more and to ramp up manufacturing again to the charges deliberate earlier than the January blowout. To attain these charges, it had been hiring machinists at a fast clip. At any time when the strike ends, it would want most of these machinists able to swing into motion.”

* * *

At the moment’s Worry & Greed Index: 74 Greed (earlier shut: 76 Excessive Greed) [CNN]. One week in the past: 70 (Greed). (0 is Excessive Worry; 100 is Excessive Greed). Final up to date Oct 15 at 1:03:44 PM ET.

ThePresent Cinema

The manufacturing course of for silent movies:

Photograph Ebook

By way of alert reader Wukchumi:

“Time is what you make of it.” I want!

Class Warfare

Slaves (implicit):

In fact, the purpose is by no means to “liberate human labor.” Who can be foolish sufficient to think about that?

Slaves (express). ANC = African Nationwide Congress:

“You solely should pay for it as soon as.” Certainly. Now if we will simply get them to breed…

Information of the Wired
I’m not feeling wired at this time.

* * *

Contact data for crops: Readers, be at liberty to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn how to ship me a examine in case you are allergic to PayPal and (b) to learn how to ship me photos of crops. Greens are positive! Fungi, lichen, and coral are deemed to be honorary crops! If you’d like your deal with to seem as a credit score, please place it initially 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 TH:

TH writes: “Right here in Westminster, California, a rose society lives on the Civic middle, so, as a consequence of their many gardens of roses, I’ve an considerable provide of rose pictures. Sorry if the border is a bit a lot. Be at liberty to crop.”

* * *

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About Lambert Strether

Readers, I’ve had a correspondent characterize my views as sensible cynical. Let me briefly clarify them. I consider in common applications that present concrete materials advantages, particularly to the working class. Medicare for All is the prime instance, however tuition-free school and a Submit Workplace Financial institution additionally fall below this heading. So do a Jobs Assure and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can ship on such applications, as a result of the 2 are completely different flavors of neoliberalism (“As a result of markets”). I don’t a lot care concerning the “ism” that delivers the advantages, though whichever one does should put frequent 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 difficulty — and for this reason Medicare for All is at all times first with me — is the tens of hundreds of extra “deaths from despair,” as described by the Case-Deaton examine, and different latest research. That big physique rely makes Medicare for All, on the very least, an ethical and strategic crucial. And that stage of struggling and natural injury makes the considerations of id politics — even the worthy struggle to assist the refugees Bush, Obama, and Clinton’s wars created — shiny shiny objects by comparability. Therefore my frustration with the information stream — 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 stream that always forces me to concentrate on issues that I regard as of secondary significance to the surplus deaths. What sort of political financial 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 occasion institutions will open the area for voices supporting applications much 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 applications, isn’t allowed to get again into the saddle. Eyes on the prize! I really like the tactical stage, 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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