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(((Charles Fishman))) 💧 Profile picture
@cfishman
May 23, 2020 • 3 tweets • 2 min read • Read on X
What happened to the Great American Logistics Machine?

A reported essay by @DSegalNYTimes.

'The country is flunking a curriculum that it basically wrote.'

nytimes.com/2020/05/22/bus…
2/ You know who civilian invented 'big project management'?

@NASA did.

During #Apollo50.

A massive project: on time, on budget, & a success — across a decade & $24 billion.

'Fortune' magazine's cover story about the 1st Moon landing was 'The Unexpected Payoff of Apollo.' ImageImage
3/ The US learned civilian logistics to get to the Moon.

20,000 companies made parts for Apollo. That required some fresh ways of thinking — imaginative ways of managing, motivating, organizing work.

That's what 'One Giant Leap' is all about, in fact.

amazon.com/One-Giant-Leap…

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More from @cfishman

(((Charles Fishman))) 💧 Profile picture
Apr 14
Fascinating element of Harvard's refusal to buckle to the Trump Administration today.

Who are Harvard's lawyers in this matter?

#1 is Robert K. Hur.

Sound familiar? Trump named him US Attorney for Maryland.

—>
2/ Then Robert Hur was the special counsel who investigated Pres. Biden's mishandling of classified documents. Hur as the one who said Biden was 'an elderly man with a poor memory.' And declined to charge Biden.

That's Harvard lawyer #1.

—>
3/ Harvard lawyer #2 is William A. Burck.

Currently a member of the Board of Directors of Fox Corp., the owner of FoxNews.

Burck served as special counsel to the Republican House task force that investigated the attempted assassination of Pres. Trump.

—>
Read 6 tweets
(((Charles Fishman))) 💧 Profile picture
Apr 7
CNBC anchor & reporter Becky Quick opens a key interview this morning:

'When you've got a crisis like this...'

And you have to stop and say, Crisis. Crisis? What's the 'crisis'?

• Recession coming on fast
• Layoffs beginning
• Inflation likely coming back

—>
2/ Also...

• Economic partners everywhere furious & looking to work with others
• Global economy fragile, nation by nation, now at risk of global recession

That is a crisis. But we created it for ourselves and for everyone else.

In fact, one person alone created it.

—>
3/ Donald Trump inherited a historically strong US economy.

Inflation down dramatically & still falling (albeit slowly)

Economic growth strong many years in a row — and stronger than any other nation in the world

Americans income rising faster than inflation

—>
Read 21 tweets
(((Charles Fishman))) 💧 Profile picture
Apr 3
Could Trump's tariffs spark a US factory & manufacturing renaissance?

Let's say they do.

Here's the problem, even if we double the number of factories the US has now. Even if we—somehow—start making microwave ovens and pleated-front chinos and pillow cases in the US again.

—>
2/ There won't be many jobs.

Factory automation for routine, repetitive manufacturing is very far along.

It's so widespread that there's a phrase in the manufacturing world:

'Lights-out factories.'

…Factories with so few people, they keep the lights off.

—>
3/ Machines don't need lights. So many big companies—including consumer products companies like Unilever, Procter & Gamble, Foxconn—run factories with just a scattering of staff who monitor the machines.

Like in a quiet office, the lights only come on when a person walks in.

—>
Read 12 tweets
(((Charles Fishman))) 💧 Profile picture
Apr 3
There is a critical fraud at the heart of the Trump tariffs.

They are not reciprocal tariffs.

The tariffs are *not* based on the tariffs each nation imposes on us.

They are calculated using each nation's trade deficit with the US.

That's totally different.

List below.

—> Image
2/ Switzerland doesn't have a 61% tariff on US goods.

The EU doesn't have a 39% tariff on US goods.

Vietnam—Vietnam!—doesn't have a 90% tariff on goods from the US.

Those numbers aren't 'barriers' to US goods. It's *exactly the opposite.*

It's how much stuff they sell us.
—>
3/ Percentages in the White House list of 'tariffs charged to the US' represent the trade imbalance between the US & that country.

We buy 90% more stuff from Vietnam than they buy from us.

We buy 39% more from the EU than they buy from us.

Huge US tariffs don't fix that.

—>
Read 17 tweets
(((Charles Fishman))) 💧 Profile picture
Apr 2
Here's the thing that might happen with Trump's tariffs.

It's not 1893. It's not 1933.

We—the United States—have spent 50 years creating a web of global trade, an interwoven global economy.

Now, Trump is using garden shears to cut the US out of that network.

—>
2/ We've been the indispensable trade partner—the US is 26% of global GDP, and a great place to sell your stuff. We have well-off consumers with plenty of disposable income.

But if Trump is unbending, the world could simply comply—and trade among themselves.

—>
3/ We are 26% of the global market. But that means 74% of the global market is out there without us.

Including all of the EU, whose unified economy is almost the size of the US, with similar consumers. And the Chinese economy.

The world will be sad to see us go...

—>
Read 8 tweets
(((Charles Fishman))) 💧 Profile picture
Mar 29, 2024
On the bridge of the container ship Dali, 4 minutes from disaster, there's one critical moment we haven't heard about yet.

The very moment the ship lost power the 1st time.

What did the pilot do, right then?

His first thought, apparently, was safety — the bridge looming ahead.

—>

⤵️ NTSB photo of the bridge of the Dali...Image
2/ The 1st 'event' leading up to the collision that the NTSB notes in its timeline is 1:24:59—when alarms on the bridge indicate power failure.

The ship was without electricity, engine power, lights, navigation, radio.

Dali was dark, literally & in terms of communications.

—>
3/ The first thing the pilot did — apparently within the first 30 to 60 seconds of the ship going dark — was take out his cell phone and call harbor pilot dispatch.

He told his dispatcher: We've lost power, close the bridge. Close the bridge.

—>
Read 20 tweets

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