➡️Right-wing pundits and politicians say they are a threat to personal liberty
➡️Many liberals worry they will exacerbate “pandemic inequality” because the vaccination rate among the poor is low trib.al/bswBLhX
New York’s Excelsior Pass is the first government-issued proof of vaccination in the U.S.
But it won’t be the last — at least 17 more are in the works in the country alone trib.al/bswBLhX
Americans who want to take a European vacation will need vaccine passports.
The president of the European Commission said those who want to travel to any EU countries must prove they've received either the Pfizer, Moderna or Johnson & Johnson vaccines trib.al/bswBLhX
Inevitably, airlines will have to enforce any vaccine certification requirement imposed by European countries.
This means many international flights will be restricted to those who have been vaccinated and can prove it trib.al/bswBLhX
Other places are going to want to employ vaccine passports, including:
➡️Professional sports
➡️Universities
➡️Concert venues
➡️Broadway theaters
➡️Cruise lines
➡️About anywhere that people come in close contact trib.al/bswBLhX
Vaccine passports are not the death knell of liberty.
Many people have come to take for granted a lot of mandated safety requirements that they resisted at first, such as car seat belts and motorcycle helmets in some states trib.al/bswBLhX
People who object to the Covid-19 vaccine can’t complain of being discriminated against.
With a recent negative Covid test, they can:
➡️Go to ball games or concerts
➡️Sit side by side with the vaccinated trib.al/bswBLhX
Allowing people to be tested instead may actually provide an incentive for full vaccination. An unvaccinated Yankees’ season-ticket holder could either:
Take a test a few days before home games
Get vaccinated and never have to be tested again trib.al/bswBLhX
Vaccine passports are simply too useful to set aside.
Imagine going through customs in Paris, watching your pass get scanned and then waved through.
It’s going to feel almost as good as getting vaccinated in the first place, and painless to boot trib.al/bswBLhX
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$700 billion is about nine times current US customs revenue, and 2.4% of the most recent estimate of US GDP.
Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s
Trump often cites President McKinley’s high tariffs as an inspiration, but during McKinley’s presidency (1897 to 1901) tariffs generated less than half the share of GDP that $700 billion would amount to now
We *just* learned that #SVB’s downfall was announcing it was raising equity without having buyers lined up, says @matt_levine.
So why would Credit Suisse’s biggest shareholder announce they would “absolutely not” put more money into the embattled bank? trib.al/aS9oy3I
After Saudi National Bank ruled out providing more assistance, #CreditSuisse closed down 24% at 1.697 Swiss francs per share, its lowest closing price on record trib.al/nnFD2F8