Lockdowns don’t actually work (see pinned tweet). One reason is that it’s preposterous to think one can just halt an interwoven societal fabric. So “lockdown” is instead just poor people risking exposure to continue providing goods/services to rich people sheltering in place.
1/

A thousand books can (and will) be written on the harms of lockdowns. This thread will instead focus on its epic exacerbation of the divide between rich & poor. Last week I let 30 studies do the talking; this time I will let 23 pictures tell the story.
1. High earners are the ones that can work from home:
2. Similarly, only a majority of those with a college or postgraduate degree can work from home (also note the disparity in race/income):
3. This is reflected in mobility by income bracket – those with the higher incomes are able to “stay safe, stay at home”:
4. Low wage workers are lucky to have a job at all--remote or otherwise (observe that high earners are above prior peak):
5. Note, even though high earners are now fully employed, total unemployment is still well above the prior PEAK of the Great Financial Crisis. Remember how horrible that was? Low earners are orders of magnitude worse off than during the GFC. Its literally off the prior charts.
6. But didn’t we pass a stimulus bill with $600 checks? Yes, that will last less than a month for a majority of recipients.
7. All this increased exposure of poor/racially disadvantaged is borne out in data on hospitalizations/mortality. We all know Los Angeles is a COVID hotspot, but did you know 71% of cumulative LA County Department of Public Health hospitalizations have been amongst Hispanics?
8. This is supported by Latinos having much higher risk of death overall in California, across all ages, and especially acute amongst immigrants. Note also the correlation amongst those lacking education and essential workers.
9. In Toronto, COVID19 mortality was multiples higher amongst the 30 lowest income neighborhoods vs. the 30 highest.
10. Downtown offices are empty, meaning that urban ecosystems catering to office workers have been hollowed out (think taxis, gyms, coffee shops, restaurants & bars, dry cleaners, etc.) crushing minority-owned small businesses. Most downtowns are nothing but boarded up shells.
11. Suburban retail traffic has likewise dropped, but to a staggeringly smaller degree.
12. Minority-owned small businesses have been crushed to a much greater extent than white-owned small businesses.
13. This is also reflected in delinquent mortgage payments being more prevalent in predominantly Black counties (e.g., Clayton in Georgia is >70% Black and has triple the rate of Forsyth (mostly white))
14. The &P500 index (large companies) is at an all-time high; small business revenue is still down 30%+
15. For the first time in decades, the World Bank is predicting an increase in extreme poverty. Recall also the UN predicts lockdown will push 130 million to the brink of starvation.
16. Female labor force participation is dropping, wiping out decades of gains. Typically below the rate for males, female unemployment is now notably higher.
17. Sadly, this is likely due in large part to school closures. In Calif, its almost exclusively private schools that are open. We live in a mostly meritocratic society, but where there are many structurally disadvantaged groups, in large part because they haven’t been given the
tools (education) to succeed. How will two-years of no-school impact that California? Who do you care about?
18. So that is life for the poor. I know its coming, so for those that would argue the virus closed the economy, not the lockdowns, Gov. Kristi Noem has a message for you:
19. How about life for the well-to-do, you ask? Well, net worth for those that own assets is at an all-time high, eclipsing pre-pandemic levels
20. Home prices have skyrocketed post-lockdown and are at an all-time high as people flee tyrannical urban areas (further hurting the inner-city poor)
21. Mortgage rates have collapsed, meaning wealthy homeowners can extract this increased value from their homes at no cost as monthly debt service payments cratered.
22. FANMAG stocks (Facebook, Apple, Netflix, Microsoft, Amazon and Google) have exploded post lockdown and are at all-time highs and cash flow metrics.
https://t.co/wv7lSEIHLL
So why do “progressive” Dems support these policies? If you support them, where do you fall in the spectrum above? Biden’s team will “establish a national covid-19 response structure where decision-making is driven by science and equity” –I’ll save you the effort #endthelockdowns
Please share this far and wide, including with your liberal friends/family who continue to think they are doing something virtuous supporting lockdowns.
*Bonus – humor chart – if you’re wondering why YOU didn’t buy the stock market dip in March/April, you were probably too wasted in March/April to buy the stock market dip.

More from Society

So, as the #MegaMillions jackpot reaches a record $1.6B and #Powerball reaches $620M, here's my advice about how to spend the money in a way that will truly set you, your children and their kids up for life.

Ready?

Create a private foundation and give it all away. 1/

Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/

The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth.
https://t.co/fiHsuJyZwz 3/

Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4

Here's how it works for a big lotto winner:

1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
The Nashville Operation - A Battle in the War

A thread exploring the Nashville bombing in the context of the 2020 Digital War (via SolarWinds) against the United States perpetrated by our enemies, likely China, Iran and/or Russia.


SolarWinds Hack

A digital "Pearl Harbor" moment for the United States, whoever was responsible had access to the keys to the kingdom for months during 2020, including sensitive military infrastructure. This is war!

SunGard + SolarWinds

SolarWinds software company is owned by same company that owns SunGard, which essentially provides data center services. A secure place to host internet servers with redundant power and "big pipe" data connections.

https://t.co/U3P3SrrkM1


SunGard Data Center

In Nashville, around the corner from their "big pipe" connection, AT&T. Like any data center, highly secure. Only authorized personnel can enter, and even fewer can access the actual server rooms. Backup generators are available in case of power failure.


If the SunGard hardware was being used to "host" critical command and control software related to SolarWinds, the US powers would be very interested in gaining special access keys that are stored on the hard-drives of specific servers.
This is a piece I've been thinking about for a long time. One of the most dominant policy ideas in Washington is that policy should, always and everywhere, move parents into paid labor. But what if that's wrong?

My reporting here convinced me that there's no large effect in either direction on labor force participation from child allowances. Canada has a bigger one than either Romney or Biden are considering, and more labor force participation among women.

But what if that wasn't true?

Forcing parents into low-wage, often exploitative, jobs by threatening them and their children with poverty may be counted as a success by some policymakers, but it’s a sign of a society that doesn’t value the most essential forms of labor.

The problem is in the very language we use. If I left my job as a New York Times columnist to care for my 2-year-old son, I’d be described as leaving the labor force. But as much as I adore him, there is no doubt I’d be working harder. I wouldn't have stopped working!

I tried to render conservative objections here fairly. I appreciate that @swinshi talked with me, and I'm sorry I couldn't include everything he said. I'll say I believe I used his strongest arguments, not more speculative ones, in the piece.

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