BC ECONOMY
Saved by @Mollyycolllinss

Hancock: "It's your actions now which can make a difference."

Plays down prospect of immediate introduction of new restrictions.

 Few doubt the public must play its part. But legitimate questions about whether the govt has made/is making public's task harder in two key respects:

1) For some there's still a major economic disincentive apropos self isolation. Sick pay still poor. Savings for many exhausted.
Imminent prospect of Universal Credit cut would make this worse. Some people have fallen through the gaps of government support throughout. Though government support for (effectively) laid off people, a full economic bargain to universally support self isolation still...
...does not exist. Rishi Sunak just made a statement to the House which offered nothing new on any of these fronts.

And 2) The job for individuals is now made harder as a result of prevalence as a result of the delay in full lockdown in most of the country between the...
...point ministers were informed that the new variant had greater transmissibility (December 18th) and full lockdown (early January). We can't interrogate the micro decisions of the public alone, we must look at the macro decisions of ministers too.
And many argue that the pattern we've seen on three occasions is one of delay in introducing measures til nearly or at the last possible moment, which adds to prevalence, means test and trace is yielded useless and makes the task of the public all the more difficult.
The focus on compliance then, though important, is a bit of a futile (and potentially counterproductive) one when it's divorced from the overall context (economic and virological) that individuals are making those decisions in.
In other words, though Matt Hancock is right when he says 'It's your actions now which can make a difference', it applies just as much (if not more) to ministers in the decisions they're making now and in the past too.
Hancock hints to this idea, saying "the new variant makes everything so much harder"

This is presumably why SAGE recommended national lockdown on 22nd December- but that wasn't enacted by ministers (in England) until last week.

More from Lewis Goodall

Lewis Goodall
Lewis Goodall
@lewis_goodall
Overheard in a Newcastle cafe, two very despondent students, clearly not long arrived in the city: “I might as well just go home. What is the point in being here? I told my Mum last night, I just feel so lonely. Wish I’d taken a gap year.” The other nodded, in sad agreement.

More cafe conversations-a woman who has recently gone back to work and is now facing down the barrel of imminent unemployment again with the hospitality shutdown which is prob coming here: “I was so buzzing to get back to work. I can’t believe it’s back. Don’t know what I’ll do.”

A local bar owner who has popped in for a coffee: “up to now we’ve just about been making enough money on Saturday to survive and make it through the rest of the week. Depends what the government does. But we’re on the edge.”

And the cafe owner, been here 19 years: “things had been a bit better but this week trade has fallen off a cliff. I came in yesterday and the day before and I just closed because there was no point. Whatever they announce I’m praying it isn’t for long or they extend furlough.”

This cafe btw is a cracker, when I lived in Newcastle came all the time. If you’re ever in the area (restrictions permitting) @QuayIngredient is where you need to go.
SOCIETY
Lewis Goodall
Lewis Goodall
@lewis_goodall
Some quick thoughts on what we just saw

Firstly hardly a unique insight but hard to overstimate the difference between the two last inaugurals. America has meandered sharply along its political arc.

Biden's rhetoric reached high. Every sentence seemed purposefully...


...constructed to negate every political and personal characteristic of his predecessor.

And insofar as he's not Trump, that he does accept, cherish and understand democratic norms, institutions and conventions in a way that Trump never could, Biden will make a real difference.

He will change the tone and tenor of politics, not only in America but across the West. As I've said before, just replacing Trump is a substantial victory for him and will earn him praise from historians.

But that aura will disappear quickly. A governing project it will not make

But how much praise he receives and stature conferred by posterity will depend on what happens next.

Because the big overarching question for me, watching this, is which of those two inaugurals, Trump or Biden's, is going to seem unusual in the future.

The relief that many are feeling is predicated on a type of politics ending. But it is at least as possible that it is Biden ..not Trump who is the last gasp of something. Is it Trump who is the dying embers of a dying, increasingly powerless old white America...
SOCIETY
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Lewis Goodall
Lewis Goodall
@lewis_goodall
Trump’s doctor: “This morning, the President is doing very well.”

Conley: “the team and I are extremely pleased with how the President is doing.” Says that Trump’s symptoms are now improving.

Second doctor says that President’s kidney function, heart function are both normal. Says that he’s not on oxygen and in “exceptionally good spirits.” Says that Trump said “it feels I could walk out of this today.” Says he’s walking around the medical unit.

Doctor is repeatedly asked about whether Trump is on oxygen. Says he’s not on oxygen “now” or “today”. Sidesteps question about whether he’s received it up to now.

Doctor says “since Friday morning” Trump hasn’t had a fever
TRUMP
Lewis Goodall
Lewis Goodall
@lewis_goodall
BREAK: Joe Biden is inaugurated as the 46th President of the United States.

The Trump administration is over.

Technically another 9 mins to go for the official handover. But it’s a formality.

Biden: "This is America's day. This is democracy's day. A day of history and hope....Today we triumph not of a candidate but of a cause. The cause of democracy. The people, the will of the people has been heard. And the will of the people has been heeded."

"At this hour my friends, democracy has prevailed."

Biden thanks his predecessors from both parties "from the bottom of my heart."

With, perhaps, the exception of one.

Biden addresses the pandemic and its economic consequences: "Few people in our nation's history have found themselves in a moment as challenging as the one we're in now...but the dream of justice for all will be deferred no longer."
BIDEN
Lewis Goodall
Lewis Goodall
@lewis_goodall
Keir Starmer giving his most important speech yet-laying out his vision for the future.

“The Conservatives say they want to build back. But I don’t want to go back. You can’t return to business as usual. And certainly not back to an economy rooted in insecurity and inequality.”


"The foundations of our society have been weakened over a decade...even before the pandemic life expectancy had stalled for the first time in a century. Child poverty had shot up to over 4 million. A child growing up in a deprived areas of the North East can expect to live for.."

"...five fewer years than a deprived child brought up in a deprived area of London. What sort of legacy is that for a party which has been in govt for a decade? That life itself got cheaper. And shorter."

"During the last year my thoughts have returned time and time again to the wartime generation. Those who suffered the horrors of WW2, who rebuilt Britain from the rubble of the Blitz, created the NHS and built millions of homes fit for heroes. And I contrast that...

"...to those exposed to Covid in underfunded care homes, unable to say goodbye to families and to loved ones. How can the PM look those families in the eye and say 'we did everything we could'? When the truth is the Tories failed to fix social care for a decade?"
GOVERNMENT

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Richard Murphy
Richard Murphy
@RichardJMurphy
As some will have noted, there were a lot of reports yesterday on the fact that £50 billion of banks notes are missing in the UK economy. This got me thinking. And as a result I have to suggest that finding that £50 billion of cash would not be hard. Here’s how to do it.

As the Public Accounts Committee of the House of Commons has noted, around £50 billion of banknotes in issue have no explained use. In other words, they do not appear to be used for regular cash transactions. What their alternative use might be is not known.

Some could be in the possession of tourists, who have not bothered to exchange them on leaving the country. But the amounts involved would be small.

A bigger sum might be cash savings under the proverbial mattress. This is entirely plausible. It is possible that some of this will be related to benefit fraud: the amount of savings a person has can have a significant impact on their ability to claim a number of benefits.

There is no doubt that a significant part of this money Is used within the shadow economy. That can cover activity where tax is evaded, of course. But it also includes drug dealing and many forms of human trafficking and abuse.
ECONOMY
Bob Moran
Bob Moran
@bobscartoons
We're not doing any of this because a lot of people were going to catch a cold. We're not destroying our economies and societies because a tiny number of people felt tired for a few months after a cough. We aren't allowing babies and children to die because a new strain

of coronavirus is at large. We were told, in no uncertain terms, that this new virus CAUSES a brand new, deadly disease called Covid-19, the like of which we had never seen before. A disease so horrific that doctors were having emotional breakdowns after treating it. That is what

all of this is based on. The reasoning behind a global reaction which may well lead to the permanent destruction of all the things that make life a worthwhile experience.
In nine months of being immersed in this swamp of information, I have still not found an explanation of what

it is about Covid-19 that makes it so different from other respiratory illnesses.
I think the most important question is this:
What scientific or medical reasoning prevented the message to the public being something along these lines:

'There is a new strain of coronavirus spreading around the world. For the vast majority, it's asymptomatic. Most who have symptoms will experience a mild cold. A tiny number will suffer longer-term fatigue (as is the case with many other viruses). However, for the elderly,
ECONOMY
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Like k bagal me retweet ka bhi option hai
Like k bagal me retwee...
@Chinmay_2001
Thread on eminent people supporting farm laws:

Dr. Gita Gopinath, Chief Economist at IMF says "Farm bills are in right

Dr. Surjit Bhalla, executive director at IMF support farm

Godrej Agrovet Chairman Nadir Godrej tells Bloomberg that agriculture reforms are important for


Prof Ashok Gulati supports new farm

Vice-Chairman of Bharti Enterprises Rajan Bharti Mittal supports the new farm
ECONOMY
Chad Pergram
Chad Pergram
@ChadPergram
1) Get used to the following term: “budget reconciliation.”

This is the special parliamentary process President Biden and Congressional Democrats plan to use to advance the next coronavirus relief package. It will likely take a few weeks just to move such a COVID-19 measure.

2) But an understanding of the process may shed light on the policy – and the political realities of Capitol Hill.

President Biden and Democrats in Congress have long memories about how Republicans responded to big legislative initiatives in 2009.

3) The country reeled after the financial crisis. But many Republicans made a pact to reject a stimulus package to help boost the economy. Later that year and in early 2010, Republicans also voted nearly in lockstep against Obamacare.

4) Right or wrong, Democrats felt they waited for Republicans to help out. But were met with blockades and political opposition at every turn. Democrats are wary that they can count on GOP support this year. They still feel the sting of 12 years ago.

5) And that’s why Democrats may go it mostly alone on their next COVID-19 relief measure.

That’s where budget reconciliation kicks in.

Republicans are already complaining that Democrats aren’t working with them on the next COVID bill.
ECONOMY
Brian Wesbury
Brian Wesbury
@wesbury
Inflation Is Coming!

Some say: Inflation didn’t rise after 2008-2015 Fed QE, so it won’t rise this time. Here are the problems with that argument.

1) From 2008-2015 regulators hammered the banks, so while the Fed’s balance sheet expanded, M2 did not accelerate.

2) In 2020, we used the banks to push out money, the opposite of the first round of QE. PPP loans were financed through banks and unemployment checks were direct-deposited.
3) The M2 measure of money is up more than 25% in the past 12 months.

4) That alone, 25%+ M2 growth, is enough, but we are compounding the problems.
5) Regulating fossil fuel production drives energy prices up.
6) Ag, industrial & transportation are energy intensive, and many claim they are bad for the environment. Result: higher prices.

7) Federal government borrowing and deficit spending encourages more Fed money printing, and artificially lifts demand.
8) Higher tax rates, rising minimum wage, and big government crowd out the private sector; reducing supply.
9) Demand up; Supply down! Inflation is coming.
ECONOMY

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READ AND RETWEET AS THOUGH THE LIFE OF YOUR NATION DEPENDS ON IT. WHICH IT DOES. Citizens, I am going to add to the picture with more information. I am not going to let this pass while keeping information to myself. I am going to walk you through 2 narratives.

A printing shop in Michigan prints ballots for Delaware County, Pennsylvania and as Lancashire County, Pennsylvania (this is normal). But along with the ballots it prints on contract and delivers to those counties, it prints some ballots that get diverted to Bethpage, New York.

There, a boiler room of folks fill in "Biden" (often without even voting downballot). The ballots (which are forensically legitimate, given that they come from the same print shop as the good ballots, ) then get trucked into Pennsylvania and mailed. Hundreds of thousands.

We have all of that documented. Texts, statements, affidavits, everything.

We also know that this same ballot printing company (and other firms in the same family) also print for Michigan, Wisconsin, Arizona, and Georgia.
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1)King Porus was a famous Indian king, his real name was #Purushotama. He belonged to PURU tribe mentioned in #RIG_VEDA, the Ancient books of India.


2) Porus ruled the Punjab region and expanded his kingdom between the Jhelum River and Chenab River in the Indian Subcontinent. He was a legendary warrior and more war skills. He made the army most powerful with war skills. Even Alexander had also made difficulty to defeat Porus.

3)Word of Mouth Oral tradition in #Mohyal_Brahmin families since ancient times has kept the Great Saga of their Great Elder known to them as Maharaja “ #Puru” alive.

4) When #Alexander the Great invaded India in 326 BC he was challenged near Taxila by a mere chieftain of the Area. He was King #Porus, a #Vaid_Mohyal. After his encounter with Porus, Alexander met with more resistance near Multan where the forces were predominantly #Mohyal.

5)The Bali rulers of Multan fiercely engaged with Alexander's army in skirmishes in which many senior Generals died. Later during the long and bitter fighting in #Multan, Alexander got hurt by an arrow which pierced his chest ,
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Patrick Chovanec
Patrick Chovanec
@prchovanec
I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹

I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):


The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
CULTURE
Noah Smith
Noah Smith
@Noahpinion
Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)
SOCIETY
\U0001f1fa\U0001f1f8I Support Our Military & Law Enforcement\U0001f1fa\U0001f1f8
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@TheWiseOwl_AZ
1. There are more people added on the list of arrests and executions of famous people but no further intel is available at this time.

ARRESTS and EXECUTIONS OF FAMOUS PEOPLE 2020 UPDATED
Explanation of the latest military tribunal arrests and executions of famous people in 2020.

2. The tribunals are arresting these people in plain clothes. We saw the Obama’s arrest, although we didn’t know it was an arrest at the time. The arrest was done nonchalantly so as to not get noticed by the public.
All arrests of these famous people were done this way.

3. If the person is convicted of child sex trafficking, crimes against humanity or treason, they will be executed.
If the person arrested has evidence on someone else to help their prosecution, or is willing to help Trump, & they want to cooperate, they may be allowed to do so.

4. A sentence of execution down to life in prison may be accepted if their evidence is worth anything.
When a plea deal is done, the defendant must present evidence they have to make their sentence lighter. This information is given to the prosecution, defense, and to the judge.

5. If evidence is accepted, they are presented the plea deal. They will have to make a guilty plea to the crime with a video confession & written statement. That is how all plea deals work.

All famous people arrested were either treasonous or involved in satanic worship rituals.
CRIME