FREE WHITEWATER

Daily Bread for 11.10.20

Good morning.

Tuesday in Whitewater will be rainy with a high of seventy.  Sunrise is 6:42 AM and sunset 4:35 PM, for 9h 53m 18s of daytime.  The moon is a waning crescent with 29.4% of its visible disk illuminated.

Today is both the one thousand four hundred sixty-third day and the fourth day. 

The Whitewater Unified School District’s Policy Review Committee meets via audiovisual conferencing at 10 AM and the city’s Public Works Committee meets via audiovisual conferencing at 6 PM.

On this day in 1983, Bill Gates introduces Windows 1.0.

Recommended for reading in full — 

Jessica Silver-Greenberg, Rachel Abrams, and David Enrich report Growing Discomfort at Law Firms Representing Trump in Election Lawsuits:

Some senior lawyers at Jones Day, one of the country’s largest law firms, are worried that it is advancing arguments that lack evidence and may be helping Mr. Trump and his allies undermine the integrity of American elections, according to interviews with nine partners and associates, who spoke on the condition of anonymity to protect their jobs.

At another large firm, Porter Wright Morris & Arthur, based in Columbus, Ohio, lawyers have held internal meetings to voice similar concerns about their firm’s election-related work for Mr. Trump and the Republican Party, according to people at the firm. At least one lawyer quit in protest.

Already, the two firms have filed at least four lawsuits challenging aspects of the election in Pennsylvania. The cases are pending.

….

During the Trump presidency, Jones Day has been involved in some 20 lawsuits involving Mr. Trump, his campaign or the Republican Party, and it worked for the Trump campaign on government investigations into Russian interference in the 2016 election.

The work has been lucrative. Since 2015, Jones Day has received more than $20 million in fees from the Trump campaigns, political groups linked to Mr. Trump and the Republican National Committee, according to federal records. Jones Day lawyers said that was a small portion of the firm’s overall revenue.

(‘Discomfort’ during representation is still representation.)

Stephanie Aaronson and Wendy Edelberg write Tracking the mounting challenges among those who have lost their jobs:

The US economy is entering its ninth month of recession. The latest data on Gross Domestic Product show a substantial rebound in spending in the third quarter of the year, as self-quarantining eased, and businesses reopened following the initial pandemic-induced reductions in economic activity. However, the level of economic activity remains well-below pre-pandemic levels, and in September the aggregate unemployment rate stood at 7.9 percent, 4.4 percentage points above its February level. Moreover, recent data suggest that the pace of consumer spending and job growth have tapered off, in part due to the waning boost from fiscal policy.

As fall turns into winter, and with cases increasing across the country, the risk is that the COVID-19 pandemic and an insufficient policy response lead to a further slowing of the economy and possibly another contraction. That raises the likelihood that some of the damage to the economy, which largely started out as a temporary response to the pandemic, will become structural, making the recovery even more difficult and protracted.

In this analysis, we find evidence of structural damage in the monthly employment data. Early in the pandemic, most workers who lost jobs were laid off temporarily, as businesses expected to reopen and recall their workers. However, as time has passed, an increasing share of unemployed workers have no expectation of being recalled: the fraction of the unemployed on temporary layoff has declined from about 80 percent in April to about 40 percent in September, while the fraction of the unemployed whose previous jobs have been permanently eliminated has increased from 10 percent to about 40 percent.

Egypt’s Giza Pyramids are getting a revamp to boost tourism:

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments