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(((Charles Fishman))) 💧 Profile picture
@cfishman
Oct 1, 2020 • 4 tweets • 2 min read • Read on X
Some amazing facts I learned reporting about coronavirus at the University of Arizona.

The state of Arizona is as big, physically, as New York state and Pennsylvania combined. But with just 7 million people.

theatlantic.com/health/archive…
2/ Arizona is one of those places in the US that feels brand new — half the people in the state have only been there since 1990.

But the University of Arizona was founded in 1885 — 27 years before the state of Arizona itself came into being.
3/ @uarizona only exists because of the generosity — the charity — of an 1880s saloon keeper, and two professional gamblers.

A different origin story than, say, John Harvard and Elihu Yale.
4/ And reopening Arizona in the middle of a pandemic — with 45,000 students and 16,500 faculty and staff was a gamble, too, of course.

theatlantic.com/health/archive…

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More from @cfishman

(((Charles Fishman))) 💧 Profile picture
May 12
We got nothing.

In the trade 'deal' with China, the US got nothing.

We're mostly back to where we were before the global trade war started—before Donald Trump started the global trade war.

The Chinese conceded nothing.

Indeed, from the outside, China won this round.

—>
2/ An economist from Hong Kong explains:

'From China’s perspective, the outcome of this meeting is a success, as China took a tough stance on the US threat of high tariffs & eventually managed to get the tariffs down significantly without making concessions.'

The chaos…

—>
3/ …The chaos for American business these last 5 weeks has been incredibly costly—financially, psychologically, in terms of planning, morale, a sense of predictability about the future.

And it has been costly in China as well.

Millions of dollars in wasted…

—>
Read 12 tweets
(((Charles Fishman))) 💧 Profile picture
May 2
You know how sometimes, you follow the weather & you know the blizzard is coming tomorrow morning, but today it's 39º & crystalline sunshine, & you can't quite believe the blizzard's coming?

But you can look at the radar and, yup, it's coming.

That's where we are now.

—>
2/ We know that in the next month, almost nothing is coming by ship to US from China & Chinese factories.

Ships full of merchandise, not coming.

The Port of Los Angeles/Long Beach has said cargo for the next couple weeks is down 36%.

—>

cnbc.com/2025/04/22/bus…
3/ If I had school-age children, I'd be thinking ahead right now.

This weekend.

I'd be thinking about:

> Camp supplies, like lunch boxes and bathing suits, athletic socks and sports equipment

> Back to school clothes

> Back to school supplies

> Christmas decorations

—>
Read 14 tweets
(((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

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