News for hackers. Stuff that matters.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tw04 on Thursday March 12, 2020 @02:41PM (#22560216)
>But if there were ever a time for us not to be partisan and tribal, it's now.

You say that like both parties are trying to deny testing and are refusing to provide the social safety net for workers to stay home when they're sick. This is very much not a "both sides" discussion. This is: the GOP needs to stop trying to pretend like nothing is wrong and actually DO SOMETHING to prevent this from becoming an even bigger disaster.

Ahh, the old cowardly downvote without comment because you don't like the reality of the situation that there is one party that's very much to blame.

https://thehill.com/homenews/senate/487258-senate-republican...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by paulmd on Thursday March 12, 2020 @03:41PM (#22560915)
Also:

https://thehill.com/homenews/administration/486559-trump-fak...

https://theweek.com/speedreads/901405/seattle-lab-uncovered-...

https://www.vanityfair.com/news/2020/03/anthony-fauci-donald...

https://thehill.com/homenews/house/487014-trump-officials-cu...

Yes, the administration bears a huge amount of responsibility for sandbagging and obstructing the initial response, mis-informing the public, ignoring their own subject experts, etc.

Fresh Air did a great long-form report today summarizing the ways the administration has obstructed and worsened the crisis. No transcript yet but it's worth a listen.

https://www.npr.org/2020/03/12/814881355/white-house-knew-co...

(<3 Terry Gross, she's a wonderful interviewer who is fantastic at asking insightful and probing questions while being incredibly kind and gentle. Probably the single most informative show on the air, for whatever topic she covers.)

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by kulahan on Thursday March 12, 2020 @07:02PM (#22562941)
For what it's worth, the transcript is now live. Direct link:

https://www.npr.org/transcripts/814881355

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by zaptheimpaler on Thursday March 12, 2020 @05:41PM (#22562104)
Slight tangent, but the excessive focus on tests is misguided. The tests give us more data but make little difference unless they are used to rapidly trace outbreaks and quarantine entire areas, which just has not happened. And with something this viral, its only a matter of time before it spreads everywhere.

The focus needs to be on slowing the spread and treatment.

The treatment is about supporting the body while it fights the virus, and highly dependent on how & where the virus manifests. Some need oxygen therapy, some need antivirals, some even need lung transplants. In cases where the virus affects other organs, totally different treatment applies. The resource constraint there is general medical capacity - doctors, beds, ICUs, oxygen support, and probably a hundred other things.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by spaced-out on Thursday March 12, 2020 @06:22PM (#22562546)
>Slight tangent, but the excessive focus on tests is misguided.

The issue with our lack of testing is that we have no idea what we're dealing with, which is a big part of why the market's freaking out. If we had been ramping up testing months ago, when it was already a massive disruption in China and should have been clear that it was only a matter of time before it got to the US, then we would have a lot more information now.

This is why we need competent administrators running things like the CDC, the DoE, Homeland Security etc..., not political hacks.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by deckard1 on Thursday March 12, 2020 @07:01PM (#22562932)
> This is why we need competent administrators running things

The GOP has a conflict of interest here. They don't want to give evidence that government can work. Their goal is to break government and then go "see, government doesn't work!" It's a splendid position to take, because anything that comes up you simply shrug and wipe your hands clean. You're not responsible for anything.

While we all sit and ponder whether we're all going to die and if the economy will disappear overnight, let's all just remember the travesty that is Puerto Rico. If that's not enough, then kids in concentration camps. Oh? People care now because it impacts their little world?

"No time for politics" says the people actively breaking the world.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by zaptheimpaler on Thursday March 12, 2020 @07:04PM (#22562959)
I saw the writing on the wall in January. We didn't need tests, all we had to do was look at the urgency & scale of China's response and the R0 of the virus. It is literally exponential growth, and even a few people spreading the virus with a 2 week delay in symptoms all but guarantees the majority of the world is going to get it. There is no doubt about what we're dealing with, hasn't been any for 2 months.

We needed information 2 months ago, we needed early action like quarantines, travel bans a month ago. Testing is the response to an old problem at this point.

Large democratic, decentralized institutions are uniquely bad at the kind of fast response needed here and the government continues to act 1 months behind, so I have little faith that much will change. Most of the world will get it, but medical systems are mobilizing and hopefully most people will make it out ok.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tzm on Friday March 13, 2020 @05:54AM (#22565984)
>Slight tangent, but the excessive focus on tests is misguided.

During H1N1 in 2009, within 30 days we tested 1 million people. This led to a vaccine developed within 6 months. Testing is core to understand spread.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by 8bitsrule on Thursday March 12, 2020 @10:59PM (#22564318)
Whatever we -have- got, we use to identify and isolate, to flatten the curve. Test priority for healthcare workers.

"Containment is making sure all the cases are identified, controlled, and isolated. It’s what Singapore, Hong Kong, Japan or Taiwan are doing so well: They very quickly limit people coming in, identify the sick, immediately isolate them, use heavy protective gear to protect their health workers, track all their contacts, quarantine them…"

https://medium.com/@tomaspueyo/coronavirus-act-today-or-peop...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ghufran_syed on Thursday March 12, 2020 @06:31PM (#22562619)
Funny how many people think "they were too slow with testing" - do any of these commentators have any idea how long it takes to develop a reliable, sensitive and hopefully specific test for a virus that probably didn't exist in its current form until around 3 months ago. Oh, and then also to be able to make a production line capable of producing millions of them while maintaining quality - why not criticize them for not yet developing an effective antiviral treatment and vaccine for the condition too?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by pcjunkie on Thursday March 12, 2020 @09:37PM (#22563948)
This is not a complicated test to make or run. Most microbiology grad students could make it and every university lab could run them.

Lack of testing does not appear to have been a technology or supply chain problem, possible supply chain probs in future...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by solveit on Thursday March 12, 2020 @07:51PM (#22563296)
The US had tested 23 out of every million people as of 11th March, while South Korea had done 3692/million as of 8th March.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by inferiorhuman on Thursday March 12, 2020 @09:05PM (#22563771)
Funny how many people think "they were too slow with testing"

They were.

do any of these commentators have any idea how long it takes to develop a reliable, sensitive and hopefully specific test

The CDC forbade King County from using their own home grown test.

that probably didn't exist in its current form until around 3 months ago.

The US CDC also declined to use the WHO test (and presumably the Chinese and Korean ones as well)... even as a temporary measure.

why not criticize them for not yet developing an effective antiviral treatment and vaccine for the condition too?

Because the tests were widely available, widely distributed, and non-CDC labs have already developed tests. The same is not true with a vaccine. IIRC antivirals are being tested in Seattle.

https://www.nytimes.com/2020/03/10/us/coronavirus-testing-de...

https://www.politico.com/news/2020/03/06/coronavirus-testing...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by llampx on Thursday March 12, 2020 @06:37PM (#22562673)
The WHO already had the test.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by Jommi on Thursday March 12, 2020 @07:04PM (#22562957)
Which test? What kind of distribution did that test have? What kind of distribution capacity did that test have? What kind of false positive rate?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tropdrop on Thursday March 12, 2020 @09:48PM (#22564001)
Classic "the [solution] that exists isn't good enough, therefore we can't use it at all!"

A pandemic is not the time to be picky - if anything, a high false positive rate helps. Would you rather 10 people quarantined, of whom only 2 are sick, or all 10 released into the wild because no test kit (of any sort) was available?

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by 6510 on Friday March 13, 2020 @08:50AM (#22566823)
Even without a test you could quarantine people who get off flights. We've been doing it for years with pets traveling from specific countries.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by fragmede on Thursday March 12, 2020 @11:37PM (#22564509)
To be fair, a test with high false-negative rate would be problematic. 10 people released into the wild, who think they don't have it, is worse than 10 people released into the wild who are uncertain about their status.

Not saying that's what happened here (perfect is the enemy of the good!), just that it could be worse. It could always be worse.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by Jommi on Saturday March 14, 2020 @09:42PM (#22580414)
I would rather anyone with symptoms and ability to self quarantine instead of burdening the economy and healthcare system.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by altec3 on Thursday March 12, 2020 @03:09PM (#22560566)
I think what gdubs was trying to get across is that sure, there are problems, people to blame, etc. but now is not the time. We have to get our act together and handle the situation. We can't have petty fighting betweeen parties.

Now is the time to unite and act. We can fight, argue and point fingers once this is all behind us.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by standardUser on Thursday March 12, 2020 @04:01PM (#22561124)
Now is the time for leadership. If leadership is lacking, we don't star singing Kumbaya and offering platitudes about "unity" in the face of malpractice, we loudly and firmly demand better leadership.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by wonderwonder on Thursday March 12, 2020 @05:35PM (#22562037)
You are right. Unfortunately we need good strong leadership focused on protecting not just numbers on a candlestick chart but actual real people. Our current president has proven completely incapable of that and should immediately step aside. I am no fan of Pence but he at least likely capable of listening to experts and following their recommendations. The markets reaction to last night Oval office speech is reason enough to prove the nation has lost confidence in its current occupant.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by andrekandre on Thursday March 12, 2020 @06:37PM (#22562672)
i don’t usually post on political topics but... i’m not so sure about pence... [0]

if we are lucky, hopefully he’s learned from that but i’m not holding my breath

[0] https://www.newsweek.com/mike-pences-pray-it-plan-combat-ind...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by aaomidi on Thursday March 12, 2020 @03:25PM (#22560729)
They're literally blocking COVID emergency budget bills getting passed in the Senate

This is time to fall in line or be thrown out of your job.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by fragmede on Thursday March 12, 2020 @11:31PM (#22564479)
At least one bill is being blocked because it doesn't have language prohibiting the money to be used for abortion. The money would be used to fight Covid-19 pandemic, but for some reason, it's critical that the money in no way go to abortion.

https://www.salon.com/2020/03/12/gop-delays-coronavirus-bill...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by breakyerself on Thursday March 12, 2020 @04:22PM (#22561325)
Why don't Republicans need to fall in line when Democrats pass much needed relief for coronavirus?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by wonderwonder on Thursday March 12, 2020 @05:37PM (#22562052)
That's who he is talking about, the republicans are blocking it.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by yc-kraln on Thursday March 12, 2020 @05:36PM (#22562046)
You act like we aren't capable of doing two things at once.

Sorry, I am perfectly capable of acting while still pointing my finger at the people who are actively trying to make this worse.

Maybe you can afford to play kum-bay-yah but perhaps it's not your life or the lives of your loved ones which have been doomed by this ineptitude. Civility is poison to irrational discourse.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by rndmize on Thursday March 12, 2020 @06:23PM (#22562552)
The fighting between the parties hasn't been petty for years now. It's frequently a disagreement on basic factual information. Solving problems is something that can be done when everyone understands and agrees on what the problem actually is.

I don't expect to be able to craft useful public health policy in discussion with an antivaxxer or space exploration policy with a flat earther – the idea of "unite and act" is be absurd when dealing with people who lack the ability to admit they can be wrong/consider multiple perspectives/think critically. And yet that's basically where we stand today politically.

> Fact-checkers and scientists have scrambled to correct the misinformation coming out of the White House. (No, the virus has not been “contained” in America; no, testing is not available to anybody who wants it; no, people shouldn’t go to work if they’re sick.) But Trump’s message seems to have resonated with his base: A Quinnipiac University poll released this week found that just 35 percent of Republicans are concerned about the virus, compared with 68 percent of Democrats. [1]

If the other side doesn't even agree with you this is a problem that needs serious attention to be solved, how are we going to get our act together?

[1] https://www.theatlantic.com/politics/archive/2020/03/trump-c...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by dragonwriter on Friday March 13, 2020 @10:19AM (#22567407)
> I think what gdubs was trying to get across is that sure, there are problems, people to blame, etc. but now is not the time.

Now is absolutely the time, because:

> We have to get our act together and handle the situation.

And identifying the problems in the approach to date is an essential element of course correction.

> Now is the time to unite and act.

No, now is the time to identify the problems in our actions to date and course correct to appropriate actions. “Unite and act” is pointless or counterproductive without that.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tic_tac on Thursday March 12, 2020 @03:13PM (#22560605)
You can't just conjure the necessary tests up from nothing. Japan has also had problems with testing. No one is trying to "deny testing". It is a work in progress and is indeed ramping up.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by paulmd on Thursday March 12, 2020 @03:44PM (#22560946)
The WHO actually had tests that worked. CDC refused those and chose to independently redevelop their own. Then those didn't work, they still kept trying, while also blocking states from using their own tests that also worked.

https://www.propublica.org/article/cdc-coronavirus-covid-19-...

The states with "local outbreaks" (NY, CA, WA) are the ones that told the CDC to get bent and did it anyway. It's everywhere, the states with low case numbers just aren't testing for it.

https://theweek.com/speedreads/901405/seattle-lab-uncovered-...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by Loughla on Thursday March 12, 2020 @04:17PM (#22561281)
>The states with "local outbreaks" (NY, CA, WA) are the ones that told the CDC to get bent and did it anyway. It's everywhere, the states with low case numbers just aren't testing for it.

This is what I can't get people around me to understand.

No cases near me simply means no one has been tested for it at this point.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by whatshisface on Thursday March 12, 2020 @03:16PM (#22560627)
The FDA had a ban on tests outside of the CDC's tiny supply for a long time. That's whats being referred to by "denying testing." Not a political issue so much as a typical bureaucratic slowdown with very real consequences.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tic_tac on Thursday March 12, 2020 @03:19PM (#22560672)
The comment I replied to was saying that the lack of testing was indeed a political issue with one side at fault.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by inferiorhuman on Thursday March 12, 2020 @09:40PM (#22563959)
It is insofar as the FDA and CDC are controlled by the president and both agencies could make emergency exceptions.

On a phone call the day after the C.D.C. and F.D.A. had told Dr. Chu to stop, officials relented, but only partially, the researchers recalled. They would allow the study’s laboratories to test cases and report the results only in future samples. They would need to use a new consent form that explicitly mentioned that results of the coronavirus tests might be shared with the local health department.

https://www.nytimes.com/2020/03/10/us/coronavirus-testing-de...

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by roenxi on Thursday March 12, 2020 @05:09PM (#22561766)
Not a political issue? The FDA having the power to ban things known to be a good idea sounds exactly like a political issue. A pretty serious one - excessive government regulation magnifying the effect of a crisis.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by icedchai on Thursday March 12, 2020 @04:44PM (#22561523)
Testing is, indeed, ramping up: https://www.cdc.gov/coronavirus/2019-ncov/testing-in-us.html

The problem is it's ramping up to where it should've been weeks (months?) ago. We're way behind.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by roenxi on Thursday March 12, 2020 @05:04PM (#22561707)
If the system is reliant on the legislative branch to respond to a crisis then there is no doubt that it will fail. Large voting bodies are no good at all in times of crisis.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by trymas on Thursday March 12, 2020 @05:10PM (#22561776)
I guess OP meant that this ignorance is systematic and long term. Current pandemic just very clearly shows how ridiculous it is not to provide a social safety net.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ThomPete on Thursday March 12, 2020 @03:41PM (#22560913)
If you actually listen to the hearing today you will realize that this is a systemic issue with the US healthcare system not something any politician can do much about.

The US is not built that way the CDC can't just fix it. That's the power and weakness of our system compared to other countries.

Here the leaders of CDC explains the problem in a nutshell.

https://www.youtube.com/watch?v=PxC9Q99il1Q

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by divbzero on Thursday March 12, 2020 @06:44PM (#22562751)
Regardless, now is the time to put aside partisanship and face the problem before us. There will be plenty of time for retrospection, after we get through this together.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by allovernow on Thursday March 12, 2020 @03:20PM (#22560681)
>Ahh, the old cowardly downvote without comment because you don't like the reality of the situation that there is one party that's very much to blame

People are probably downvoting silently this time because explaining to you that you're obliviously consuming propaganda is one step deeper into flamewar territory which is unpopular on HN (and against the rules).

Case in point? Media reports that bill forcing employers to provide sick leave failed to pass because of evil Republicans. What you won't see on the news is the nuance that such a bill can't be passed without possibly bankrupting small businesses.

That's just one example. The administration shut down the border early on and was enthusiastically rewarded with accusations of sinophobia.

All politicians play this game. The US government institution has been rotting for decades, and yes, it really is a "both sides" issue when one side is so blinded by hatred that they refuse to acknowledge positive decisions.

There are literally almost as many people on the Republican side blindly dismissing everything Democrats do. Remember, Trump only lost the popular vote by 3%. Now is not the time for partisan idiocy.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by tw04 on Thursday March 12, 2020 @04:34PM (#22561423)
>Case in point? Media reports that bill forcing employers to provide sick leave failed to pass because of evil Republicans. What you won't see on the news is the nuance that such a bill can't be passed without possibly bankrupting small businesses.

The bill literally includes the funding to pay for sick leave. That's why it's a FUNDING bill - I think you're confused about who is being mislead by propaganda.

Meanwhile, the GOP is trying to insert language about abortion into the bill because...?

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @04:48PM (#22561565)
The full text has not yet been published on congress.gov to verify who is paying and I can't find the full text elsewhere.

https://www.congress.gov/bill/116th-congress/senate-bill/341...

https://www.congress.gov/bill/116th-congress/house-bill/6150...

However, the press release from Murray and DeLauro makes it sound like businesses are paying: https://www.help.senate.gov/ranking/newsroom/press/coronavir...

If you have a primary source that shows that government, not businesses, are paying for the costs of sick leave as it relates to S.3415 and HR.6150, please share it.

I also can't find a single search result that includes the term abortion as it relates to either S.3415 or HR.6150.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @08:38PM (#22563591)
It's honestly mindblowing that hacker news has reached the point where a comment asking for primary sources and evidence is downvoted.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by so_tobeclear on Thursday March 12, 2020 @05:03PM (#22561702)
Cheers

And all I could think was 'it's a PATRIOT act...'

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by A4ET8a8uTh0 on Thursday March 12, 2020 @05:13PM (#22561797)
Duh. Babies cost money and parents will do almost anything to keep it alive. Or at least bare minimum mandated by law. In either case, it is a sacrifice to the god of economy./$
[dead]
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ChuckMcM on Thursday March 12, 2020 @04:27PM (#22561362)
I think it is a bit more nuanced than that.

My experience in large enterprises are that there are two kinds of "politics" that get played.

In one form, the leadership makes moves or take actions that benefit themselves but also help the company. Often that is called out as "leadership."

In the other form, the leadership makes moves or take actions that benefit themselves but hurts the company. That form is called "politics."

You can see examples all around of this. For example a CEO that buys another company, the result of which is hitting a milestone that triggers a big bonus for them but saddles the company with a bunch of debt and expense that drags down its productivity. That is bad. Versus the same example where the CEO buys another company and the combination results both in them getting a bonus as well as the combined company doing better than the sum of the individual companies. That is good.

So I agree with you that both parties are playing games, the differentiator for me is what is the ratio of benefit to the country vs benefit to the party/individual from the game being played? If that ration is 1:1 or greater I see it as a positive thing rather than a negative thing.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ksec on Friday March 13, 2020 @01:54AM (#22565075)
So what is the term for leadership makes moves that benefits the company but not gain interest on their own or even hurt their own reputation / interest ?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ChuckMcM on Friday March 13, 2020 @05:54PM (#22571198)
The term is 'heroic' for acts of leadership that sacrifice one self for the greater good.

In my experience, if the move "benefits the company" and the overall company governance is not dysfunctional, then the leader responsible does not get hurt by it. At least not in the long term.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by Joker_vD on Friday March 13, 2020 @10:03AM (#22567288)
It's called "fired from the mid-level manager position" because such people, generally, don't get promoted too far up in the ranks, for an obvious reason.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by mamon on Thursday March 12, 2020 @04:59PM (#22561663)
>> For example a CEO that buys another company, the result of which is hitting a milestone that triggers a big bonus for them but saddles the company with a bunch of debt and expense that drags down its productivity. That is bad. Versus the same example where the CEO buys another company and the combination results both in them getting a bonus as well as the combined company doing better than the sum of the individual companies. That is good.

Mergers are always risky. CEO can do all the analysis possible but can't know for sure if combined company will do better or worse than individual parts. That part of the job is called "taking calculated risks".

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by nmfisher on Friday March 13, 2020 @12:38AM (#22564765)
> Mergers are always risky. CEO can do all the analysis possible but can't know for sure if combined company will do better or worse than individual parts. That part of the job is called "taking calculated risks".

True, but growth-by-acquisition is a lot "easier" than organic (R&D-driven) growth, particularly when money is cheap.

A CEO looking for a quick win - usually quarterly, sometimes annually - will almost always default to an acquisition. It won't be clear for at least 2-3 years whether or not it was worthwhile.

I think a CEO who spurns acquisitions in favour of organic R&D will always, almost by definition, be putting the company's interests ahead of his/her own.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by breakyerself on Thursday March 12, 2020 @04:21PM (#22561317)
Republicans are playing games to get bailouts for corporations. Democrats are playing games to get people healthcare and paid sick leave.
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Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ShroudedNight on Thursday March 12, 2020 @05:19PM (#22561858)
As a non-American that's somewhat ignorant of the current states of the US legislative houses on this matter, could someone provide some context as to why the comment directly parent to $self is being maligned?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by undersuit on Thursday March 12, 2020 @05:37PM (#22562049)
I downvoted because I disagree with the way they are arguing.

The gp's(grandposter) comment uses the word companies. Which companies? Well we're talking about the US and health care so it has gotta be the health insurance companies? No, the bill Lamar disagreed with was to make employer's provide sick time to their employees.

Also, pp(parentposter) is what I use. OP is reserved for poster of the content.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @08:41PM (#22563611)
"Companies" in my comment refers to the 32.5 million businesses in the US since the proposal is that employers pay sick leave. I'm not sure why you're referring to health insurance companies. Yes they have employees that may need sick leave, but they are not the only ones.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by undersuit on Thursday March 12, 2020 @10:37PM (#22564223)
I'm mentioned health insurance companies because I wasn't aware of the details of the bill that was rejected today by Lamar until after reading your comment when I educated myself by reading a more detailed source. While reading your comment I assumed you meant health insurance companies paying as that was the recent Trump kerfluffle from his speech last night and in addition if we're talking about US and health I'm putting money on our health insurance system being mentioned.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by masonic on Friday March 13, 2020 @06:39AM (#22566208)

  No, the bill Lamar disagreed with was to make employer's provide sick time to their employees
... which Congress lacks the legal authority to do.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @05:22PM (#22561890)
When you say parent comment are you referring to my comment or the one I replied to?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by ShroudedNight on Thursday March 12, 2020 @05:22PM (#22561895)
I was referring to yours. I edited the original in the hopes of improving clarity.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @05:25PM (#22561927)
My suspicion is that it is because I wrote "I honestly don't understand why the Democrats are so consistently anti-business in so many things they do", which I will admit is a tad bit flamebait-y on a forum that leans heavily Democrat. Non-Democrat positions are heavily downvoted across Hacker News.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by xbmcuser on Thursday March 12, 2020 @05:35PM (#22562025)
I dont understand one thing though in my life time I am in my late 30s. Us has done well economically under Democrats compared to Republicans. But Republicans are considered pro business and Democrats anti business. Republicans talk about fiscal conservation but run up huge bills. Democrats talk about spending on healthcare etc but actually improve the deficit.
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @08:53PM (#22563687)
Republicans haven't been about fiscal conservation in a while.

It's also a mistake to just look at who controls the White House to figure out which party is in control when the economy does well economically. Both the executive and legislative branches matter and for the legislative, you need to control both houses. Even if one party controls the excutive and both houses of congress, it's hard to attribute the success of the economy to the current controlling party. Somethings the economy might be doing better because of current policies and sometimes it might be doing better because of policies enacted by the previous administration and congress, but the effects were latent.

In general, you can't take a macro look to determine which party is better for business. Instead you've got to look at things on a policy by policy basis and look at the first and second order economic impacts of specific policies.

Also, while Republicans haven't been very fiscally conservative in many years, most of the "huge bills being run up" are only sometimes from new spending. Most of the time, running up the bills is just from tax cuts. The democrats pass spending bills with accompanying taxes and the republicans are unable to undo both the spending and the taxes at the same time, so they negotiate for at least cutting taxes to help the economy, but the spending gets left in place.

The truth is that both parties are generally drunken spenders, but that one party has no issue taking more money from productive Americans to pay for their drunken spending.

FWIW, I'm neither a republican nor a democrat. Both parties are awful, but at least the Republicans try to let people keep money they've earned and rarely try to raise new taxes.

Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by sg47 on Thursday March 12, 2020 @06:01PM (#22562319)
Companies can pay from their CEO's paychecks. Are you telling me Walmart and McDonald's are hurting? What's the net worth of their founders' families again?
Re:Fed to inject $1.5T to prevent ‘unusual disruptions’ in m... by malandrew on Thursday March 12, 2020 @08:39PM (#22563597)
You think Walmart and MacDonalds are the only companies out there? Those are the ones that are going to survive regardless. What about the 32.5 million other businesses in the US?