April 12. HAPPY EASTER
Some of what I have found lately:
Obscenity #1: Government agencies talking about reducing the wages of ag workers to "help" the industry.
Obscenity #2: Medical staffing companies often owned by wealthy hedge fund investors cutting doctors' pay while petitioning the Federal government for "help."
Safety net? WHAT SAFETY NET!! I said back when George W. was pushing to create an "ownership society" he should have accurately named it a "YOU'RE ON YOUR own(er)ship society."
I have read several stories on this problem. A couple of the earliest claimed that the positive COVID-19 test after a patient had tested negative and been discharged was a problem with the test. Given how new some of the tests are that is possible. But the numbers now coming out of S. Korea and China are disturbing and may signal deeper problems. I have also seen some stories which indicates that the immune response may be highly variable and the hopes some researchers are placing on "herd immunity" or recovery serum treatments may not pan out either. This thing is so new we just don't know what to expect.
This sounds sensible to me. The U.S. should do the same. We should have import duties on all items coming into the U.S. market even if the company is allegedly "American." When any company relocates production overseas they should pay a tax on the difference between foreign labor and domestic labor. And they should pay a tax on the difference between a "living" wage and the wages they offer their employees. Those would be good for a start and I can think of a whole lot of other ways to encourage companies to be "good neighbors."
This is interesting. I have read for some years now that the U.S. domestic oil industry, especially the shale sector, was not really economically viable. It was, and is, living (sort of) on borrowed money and borrowed time. Makes me wonder what #45 promise Mexico to get their cooperation on an OPEC+ deal. He didn't answer that at his Friday "briefing."
Obscenity #3: I had a comment on the problems states, hospitals and other medical groups are having getting their supplies and that, when they do find them, the shipments are being--HIJACKED I think is the best word--by FEMA or some other Federal agency. Maha has a good piece on that here.
Safety net? WHAT SAFETY NET!! I said back when George W. was pushing to create an "ownership society" he should have accurately named it a "YOU'RE ON YOUR own(er)ship society."
I have read several stories on this problem. A couple of the earliest claimed that the positive COVID-19 test after a patient had tested negative and been discharged was a problem with the test. Given how new some of the tests are that is possible. But the numbers now coming out of S. Korea and China are disturbing and may signal deeper problems. I have also seen some stories which indicates that the immune response may be highly variable and the hopes some researchers are placing on "herd immunity" or recovery serum treatments may not pan out either. This thing is so new we just don't know what to expect.
This sounds sensible to me. The U.S. should do the same. We should have import duties on all items coming into the U.S. market even if the company is allegedly "American." When any company relocates production overseas they should pay a tax on the difference between foreign labor and domestic labor. And they should pay a tax on the difference between a "living" wage and the wages they offer their employees. Those would be good for a start and I can think of a whole lot of other ways to encourage companies to be "good neighbors."
This is interesting. I have read for some years now that the U.S. domestic oil industry, especially the shale sector, was not really economically viable. It was, and is, living (sort of) on borrowed money and borrowed time. Makes me wonder what #45 promise Mexico to get their cooperation on an OPEC+ deal. He didn't answer that at his Friday "briefing."
Obscenity #3: I had a comment on the problems states, hospitals and other medical groups are having getting their supplies and that, when they do find them, the shipments are being--HIJACKED I think is the best word--by FEMA or some other Federal agency. Maha has a good piece on that here.
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