291–300 of 711 posts
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Even if we raise the denominator to make the percentages look better, there is no denying that hospitals are being overwhelmed. The flu often already pushed hospitals to the edge, so even only (heh) 5x worse will cause most hospital systems collapse.
Should 1000 people go unemployed to save one person?
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Why don't you do the calculation then, instead of dismissing an article/calculation based on something you're not even sure is true?
You want me to . . . hand-calculate market-weighted total return of an index? Without access to the underlying financials? That's a big ask for an internet comment. I didn't dismiss the article. I provided additional context that might be helpful in evaluating its claims. You are free to do with that what you will. https://www.nyse.com/publicdocs/nyse/indices/nyse_arca_globa... "The Index tracks the price performance…
Here’s a handy tool to do just that! Unfortunately only goes back to 2007, so not useful in present case of airline stocks. But a very useful tool.
Won't know for sure until Apr 03 (The Day BLS releases the official unemployment rate for March) but this may very well trip the Sahm recession indicator, which has correctly predicted/detected every US recession back to 1950 (If it's been further backfitted I can't find the data). https://fred.stlouisfed.org/series/SAHMCURRENT
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This is where it's very important to distinguish between financial conditions and material conditions. Feeding children and supplying respirators and masks are material conditions, dependent on the production and distribution systems. Paying rent and mortgage, on the other hand, isn't material . If you don't pay it nothing material changes - it's not an iron law of the world in the way that hunger is, evictions are a…
Mortgages and by extension rent provide liquid funds to banks so that account holders, including essential business's like hospitals, farmers, and factories can pay their employees and bills. You are delusional to think it is possible to suspend payments without printing massive amounts of money that will certainly lead to more death.
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Seriously? There were a number of submissions yesterday to HN discussing the relative merits of sacrificing millions for the sake of the market. Perhaps you missed those?
The problem with that black and white reasoning is that on some level "the market" represents people's livelihoods and eventually there comes a point where it's reasonable to say "X people should die to prevent Y amount of hardship for Z people".
Society already does this with the automobile. 36,000 people die every year for the convenience of driving, which I feel is a completely reasonable tradeoff, and this is not a controversy, at least in the united states.
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On the contrary, setbacks for globalization may very well leave us better off...after all, globalization is one of the main factors why we're experiencing this deadly pandemic now, and have vast swathes of our supply chain for essential pharmaceuticals and medical equipment farmed out to evil, duplicitous regimes like the Chinese state.
> after all, globalization is one of the main factors why we're experiencing this deadly pandemic now Not so. Pandemics travelled around the world before globalization. The black death, smallpox in the americas, syphllis. This just increases the speed.
A year from now, will we look back and say it was worth the suffering for something 5x as bad as the flu? (based on Germany’s numbers, which are more fully accounting for those with mild symptoms) Shows how important testing randomly is, if the denominator is low because you are only testing those in the hospital, it looks like the second coming of the Spanish flu.
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"My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub."
How is shrinking the government to blame? It's expanded colossal ever since the new deal. Grover Norquist, the guy you're quoting, is not an elected official. He was just saying what he believes. That's pretty weak evidence for "the problem". The only nation that ended up containing it was China, because being able to tightly control what your population does is one of the perks of authoritarianism. That said, it doe…
My point is, there is a huge spectrum between "China level authoritarianism" and "making government fit your bathtub". It's really frustrating to explain this again and again. We should not allow government to invade our private lives, but we also should have government regulating businesses, especially in time like this.
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Mortgages and by extension rent provide liquid funds to banks so that account holders, including essential business's like hospitals, farmers, and factories can pay their employees and bills. You are delusional to think it is possible to suspend payments without printing massive amounts of money that will certainly lead to more death.
shrug we provided liquidity last time and can do so again. Money printing doesn't kill people, viruses do. The banks are intermediaries. The essential businesses are not affected provided we do not let the banks fail randomly, and there is no need to do that.
Currency inflation kills. Look at venezuela. You cannot shrug this off. At least consider the effects.
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Having worked on this type of application in the past they should find a new company to work with if they can't handle this traffic. We were handling hundreds of requests per second with ease 10 years ago. That was with MySQL and the app running on the same server. It doesn't take many resources to show the user a form, validate it, and save to a DB.
A bunch of armchair developers seem to have been summoned to tell the Federal government how to handle form submissions for an extremely security and privacy intense application using their fancy modern techniques. You are talking about comparing a basic web form with an application for unemployment benefits which must go into a federal tax database and be processed using a what I assume is a garbage mainframe system…