Category Archives: Technology and Society

Ventilators

Nearly everyone put on them in New York died.

So much for “life saving.” Of course, the problem is that by the time it’s so extreme that they decide to put you on one, it’s probably too late. But this shows that the ventilator panic was probably pointless.

We’re learning rapidly how to deal with this, but we’ve unfortunately lost a lot of unwilling guinea pigs. It reminds me of what I say in the book: Every aviation regulation is written in blood. People always have to die or be injured for us to learn.

The Wreckage Continues

One in five IT jobs have disappeared, and the sudden loss of office jobs is devastating the middle class.

[Update a couple minutes later]

Newspapers and Manhattan are screwed.

[Update a couple more minutes later]

AOC tells people to refuse to return to work.

Really? Is she going to pay their bills?

[Update a few minutes later]

Yes, the Democrats totally want a depression.

The Economic Wreckage

Bob Zimmerman catalogs it.

Some things will recover quickly, but we won’t have a robust recovery until people have sufficient confidence that they can go back to sporting events or movie theaters or restaurants at normal capacity, which will probably require a vaccine (even if it’s a placebo). And now, despite all the money being pumped into the economy, the Fed has to worry seriously about deflation.