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You may give your loopy uncle, and anybody else you eat with, Covid. Or they may give it to you. That is the reality, although the way in which lies and conspiracy theories have taken root — thanks not simply to social media however to new, fringe media retailers — makes it very troublesome to counter pretend with truth.
Dow hits 30ok! What’s it pondering?
Why would the inventory market hit a file now, a time when:
- Wall Road expects the federal government to pump trillions extra {dollars} into the economic system as stimulus
- Hundreds of thousands of People are out of labor
- There are actual questions in regards to the well being of US democracy
- Nobody has truly gotten an permitted Covid vaccine caught of their arm
You should buy into that knowledge of crowds stuff, or you’ll be able to take a look at how the inventory market is eternally and more and more distinct from the economic system as an entire.
It is actually a marker of indices, it is loaded with surging tech shares, it is affected by hypothesis, it is compounding inequality and extra. So, sure, Tesla has soared greater than 10x in a 12 months and Elon Musk is sort of as wealthy as Invoice Gates. Finest Purchase is having its finest 12 months in a long time. Amazon is on a tear. However that is not the economic system. It is the market.
Digital college nonetheless sucks
Consultants have been warning that digital college will result in a misplaced 12 months for some children and compound inequality in US faculties.
Here is the proof, from CNN’s Elizabeth Stuart, writing in regards to the largest college district in Virginia:
The Fairfax County Public College District discovered a pointy enhance in failing grades for the primary quarter of the 2020-21 college 12 months, particularly amongst youthful college students, college students with disabilities, and college students who converse English as a second language, in line with a examine launched this week inspecting scholar efficiency with digital studying.
Amongst center and highschool college students, the examine discovered an 83% enhance in “F” marks, when in comparison with the variety of college students who acquired “F’s” throughout the first quarter of the 2019-20 college 12 months.
The rise was largest amongst susceptible populations, together with a 63% enhance amongst Black college students, a 106% enhance amongst English learners, and a 111% enhance amongst college students with disabilities.
“Extra college students had been failing programs throughout the (primarily) digital instruction interval than had occurred when instruction was delivered in-person,” the examine mentioned.
That is horrible information when you’ve been following the rising variety of college closures as states and districts cope with Covid outbreaks.
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