You might give your loopy uncle, and anybody else you eat with, Covid. Or they might give it to you. That is the reality, though 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 tough to counter pretend with truth.

It is apparent, as an example, that Trump, who might spend the vacation interested by the notion of a self-pardon, might by no means publicly acknowledge Biden as president or concede that he misplaced. And he’ll carry that fantasy into the subsequent 4 years, together with a conflict chest of small-dollar donations he is squeezed from supporters with numerous fundraising appeals after his loss and which he’ll clearly use to fund his post-White Home public life.
Associated: Learn this MeSlop investigation into how darkish cash helped prop up three phantom candidates in Florida.

Dow hits 30okay! What’s it pondering?

Why would the inventory market hit a report now, a time when:

  • Wall Avenue expects the federal government to pump trillions extra {dollars} into the economic system as stimulus
  • Tens of millions of People are out of labor
  • There are actual questions in regards to the well being of US democracy
  • Nobody has truly gotten an accredited 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 without end and more and more distinct from the economic system as a complete.

This video with MeSlop’s Jon Sarlin does a very good job explaining how the market can do properly irrespective of how the economic system feels to precise People.

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 nearly 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.

And an image of the economic system should embody the disgustingly lengthy traces exterior US meals banks this Thanksgiving and the 12 million individuals about to lose expanded unemployment advantages within the new 12 months.
Notice: The MeSlop Enterprise Worry & Greed Index is now exhibiting ranges of Excessive Greed.
What kicked the Dow to this new report? Trump emerged briefly to present an announcement bragging in regards to the market Tuesday, however it’s truly the acknowledgment by his authorities, with out his consent, that Biden received the election, that seems to have triggered this newest bump. That, together with information of Covid vaccines and Wall Avenue’s consolation degree with Janet Yellen, in accordance with MeSlop’s Paul LaMonica.

Digital college nonetheless sucks

Specialists have been warning that digital college will result in a misplaced 12 months for some children and compound inequality in US faculties.

This is the proof, from MeSlop’s Elizabeth Stuart, writing in regards to the largest college district in Virginia:

The Fairfax County Public Faculty 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 communicate English as a second language, in accordance with a examine launched this week inspecting pupil 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 obtained “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 have been failing programs throughout the (primarily) digital instruction interval than had occurred when instruction was delivered in-person,” the examine stated.

That is horrible information if you happen to’ve been following the rising variety of college closures as states and districts cope with Covid outbreaks.