Favorites January 20th 2022
Having ~40% of the population infected by a single pathogen in the span of 8 weeks is remarkable and I can't think of an obvious modern precedent. Flu seasons generally have perhaps 10% infected in the span of 16 weeks. 8/9
Having something wildly unexpected happen once should unfortunately raise the odds that it could happen again. The upshot is that this could mean the end of the pandemic phase of the disease in 3 to 4 weeks.
Me in the NYT — Biden promised both transformation and a return to normalcy at different times and to different audiences but his best route to improved popularity is doubling down on normalcy.
Seems like the right strategy, but it seemed like the right strategy a year ago too, and now his approval rating has tanked.
I feel like these text dumps keep revealing that there are Republicans who are publicly in lockstep with Trump who really were privately trying to steer him in a better/healthier direction in January. Not sure what the takeaway from that is.
Oliver Darcy @oliverdarcy
Kinda wild to think that Fox News hosts were trying to push him in the less crazy direction.
This chart debunks the widely-held belief that housing construction was out of control in 2005. Housing production was actually pretty normal! What was exceptional was the deep post-2007 housing bust—driven I think by the mistaken belief there had been a big housing bubble.
To the extent we were building too many homes, they were really just in the wrong locations.
Some asked for the answers:
Nose/Tremendously/Yes/Peaking now and should be down to a low level in 3-4 weeks.
Bob Wachter @Bob_Wachter
When everyone focuses on one thing, we can make progress on it.