Folks @FortuneMagazine surveyed the CEOS of the world's largest corporations about #COVID19 #pandemic and The Great Recession/Depression. Some of the results may shock you. First of all, about half of all jobs are not coming back until a year from now, or never.
@CliftonLeaf MORE
2/CEOs survey
Most of the CEOs surveyed have done layoffs & furloughs, and plan to come out of the other end of the #COVID19 crisis with leaner, tech-heavy transformed businesses. Few plan to increase their labor forces.
MORE
3/CEOS survey
@FortuneMagazine found that #COVID19 has business leaders thinking well of US Governors, #JeromePowell and themselves (fellow CEOs).
And thinking badly of China, #Trump , @WHO & the US federal govt.
MORE
4/CEOs survey
Big take-home messages from the @FortuneMagazine #COVID19 survey? CEOS say they are using the crisis to transform how they do work, and where: More employees will be at home. And more corporate investment will stay in the USA.
MORE
5/CEOS survey
CEOs tell @FortuneMagazine when the #pandemic is over the world will be more nationalistic, supply chains will be less dispersed, business travel will be forever reduced, much of the world will no longer trust capitalism & #ClimateChange will guide investments.
MORE
6/CEOs survey
Most of the CEOs told @FortuneMagazine that they aren't members of either the @TheDemocrats or @GOP . But despite low opinions of #Trump, 1/3 are Republicans. Who do CEOs admire? Jamie Dimon, head of @jpmorgan ranks Number One. And #COVID19 ? LONG haul ahead.

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More from @Laurie_Garrett

9 Sep
2/ On Mar13 #Trump tweeted that #COVID19 was less dangerous than the #flu.
But on Mar19 he told Woodward: "I wanted to always play it down because I don't want to create panic."
By then >2M cases were reported worldwide.
14,892 cases had been reported in USA, 52 deaths.
MORE
3/ On June 20 in Tulsa #Trump called #COVID19 "KungFlu" thereby blaming China for the #pandemic + likening it to "just the flu."
By then death rates were soaring, 2.1M Americans were reported with COVID & 125,000 Americans had died of it.
MORE
Read 5 tweets
2 Sep
ALERT
Aug 27 letter from @CDCDirector to all Governors says the agency is, "rapidly making preparations to implement large-scale distribution of #COVID19 #vaccines in the fall of 2020" using a contractor (McKesson Corp). Redfield asks Governors to grant...
MORE
ALERT/2
..McKesson full licensed access to sites statewide for mass #COVID19 immunizations, which must be "fully operational" by November 1st -- 2 days before the national elections.
ALERT/3
This means mass vaccination nationwide could start in 59 days. FIFTY-NINE DAYS
Is any #COVID19 #vaccine likely to have completed Phase 3 safety and efficacy clinical trials, and gone through full scientific and @US_FDA review in 59 days? [Rhetorical question]
Read 5 tweets
23 Aug
None of the studies of #COVID19 treatment use of serum taken from survivors (aka convalescent serum therapy) show positive results, & @US_FDA has stopped approving its use.
But @realDonaldTrump will announce a breakthru tonight.
MORE
thehill.com/homenews/admin…
2/ This not new, just his insistence it works. No coincidence, I'm sure, that it comes on the eve of the #RNCConvention2020 putting a positive spin on the #COVID19 crisis.
Here's what we know about convalescent therapy so far.
It might work: MORE
statnews.com/2020/08/13/lar…
3/
But on Aug 19 the @NIH & @US_FDA urged a hold on use of the treatments, citing lack of clear evidence that it is beneficial. And it is not risk-free.
MORE
nytimes.com/2020/08/19/us/…
Read 6 tweets
21 Aug
I truly detest 2020.
Now my beloved alma mater @ucsc has been evacuated, as one of the >300 fires in California caused by lightning strikes is roaring through the redwoods, just about 2 miles from the center of campus. It's 0% contained.
MORE
2/ UCSC students & personnel evacuated to the Boardwalk, in the foreground. The campus is in those hills, and this photo was taken several hours ago. There are actually 2 fires raging in the mountains at the same time.
MORE
3/These fires- - 100s of various sizes across California -- were sparked by unprecedented lightning storms amid extreme heat. These are #climatechange events: lightning like this has never before been seen in the region. Firefighters are stretched thin, frm San Diego to Solano.
Read 5 tweets
21 Aug
Postmaster #DeJoy is testifying before the Senate this morning. It's LIVE now. He started off by saying the elections will not be affected by @USPS changes, while noting that his time is short and he won't stick around for an afternoon session, as requested.
MORE
2/
Under grilling, #DeJoy said there will be NO transparency -- he declined to commit to providing data to the Senate on mail-interruption planning prior to removing sorting machines, cutting @USPS staffing and eliminating post boxes. When asked how #COVID19 complicates...
MORE
3/...he indicated there was no data.
When asked what happened to the removed mail sorting machines, he said they were dismantled & sold for scrap -- no way to reinstall them.
#DeJoy admitted no @USPS analysis of impact prior to changes was done regarding... MORE
Read 4 tweets
7 Aug
Yesterday a bipartisan trio of Southern Mayors (Miami, Atlanta, New Orleans) addressed the @AspenSecurity summit, talking about #COVID19. They all expressed concern about handling hurricanes amid the #pandemic, given stretched 1st responders + poss spread among evacuees.
MORE
2/ Also yesterday @NOAA issued its hurricane season forecast, and it's dreadful cpc.ncep.noaa.gov/products/outlo…
Key points:
-“The outlook indicates an 85% chance of an above-normal season, only a 10% chance of a near-normal season”
MORE
cnbc.com/2020/08/06/atl…
3/
-19-25 Named Storms, which includes the 9 named storms during May-July (earliest ever)
-7-11 Hurricanes, including 2 hurricanes to date
-3-6 Major Hurricanes (CAT3 or worse)
-Accumulated Cyclone Energy (ACE) range of 140%-230% of the median
MORE
washingtonpost.com/weather/2020/0…
Read 11 tweets

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