Other companies paper over their losses through the nonstandard EBITDAM measure, so we're OK, even though this converted a $150M loss to a $500K profit.
Harvard is a very, very selective school. Only 3.43% of applicants get in. But that's not the whole story. Writing in @theguardian, Tayo Bero says that 43% of the white student body was admitted on criteria other than merit.
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Those 43% are ALDCs: athletes, legacies, dean's interest list (children of major donors) or children (of Harvard faculty). Three quarters of ALDCs do not have the grades to be admitted to Harvard on their own merit. 3/
Back in 2014, a pair of political scientists published a study of 1,779 US "policy issues" over 20 years, concluding that elected officials make policy to benefit the richest ten percent of the country to the exclusion of the needs of everyone else.
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This was true irrespective of whether there was mass pressure from citizen groups. In the USA, politicians make sure that richest ten percent get whatever they want and do nothing for the rest of us. 3/
It's obviously grotesque to pick a "worst thing" about the #Astroworld catastrophe that killed ten people (including a young child), but it's pretty easy to pick a "most enraging thing" about the disaster - how foreseeable and preventable it was. 1/
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The kind of crowd-crush that killed and maimed those Astroworld attendees happens all the time. There was another stampede *at the Astrodome, two weeks previous*, at a Playboi Carti show.