LyrArc Article Gist
About 2.6 million eligible to vote people in Michigan and 3.5 million in Pennsylvania, and 1.3 million in Wisconsin did not vote in the 2016 election. The critical states this time are also Michigan, Wisconsin and Pennsylvania, and these three states went to the winner by less than 10,000 in Michigan, 20,000 in Wisconsin and 50,000 in Pennsylvania.  A NYT analysis of Census Bureau data for 2016 election reveals that most of these people who are eligible but do not vote have lost interest in both parties that show little interest in delivering for them. Many of them are shown to be lower income voters, voters doing 2 jobs, or voters struggling financially. Some are single child parents in today's social structures. Getting a small portion of this vote can make a difference in a close election.  From 1840 to 1900 the percent of voting age population that voted has been between 70 to 80%. By the 1920's this dropped to about 50%. And it has been around 55% since the period of the Great Depression except for elections in 1952 and 56 for General Eisenhower and 1960 for John Kennedy. Even Harry Truman's whistlestop train campaign in 1948 got only 51% out to vote. Even the Roosevelt FDR three campaigns in 1932, 1936 and 1940 got 52-58% of voting age population to vote. The highest of any election was the election that led to the Civil War in which Lincoln won where 81% of the voting age population voted. Is it possible that America was a relatively much more prosperous country in the period 1840-1900 before large scale immigration from poorer parts of Europe and then poorer parts of Latin America and Asia, and large scale urbanization. With ample land and independent farmers in the nineteenth century leaving less scope for the poverty that exists in urban areas and social decay in rural areas and small towns that is seen today. Resulting in a much more civic consciousness and awareness of America's future and destiny than exists today. By comparison voter turnout in India has increased to 66% in 2014 election and 67% in 2018 after alternating high and low between 50-60% since 1947. Some forecasts are for a high turnout in the U.S. in 2020 to exceed 60%. The bright side for democracy is shown by the 911 million people who voted in the last Indian election of 2018. ...

LyrArc Article Gist
What airlines can do to prevent travelers taking flights when they are sick just because they cannot afford the higher fares for a future date. This poses a risk both for airline employees and for the other passengers.

LyrArc Article Gist
Apple is leading transformation of the PC with its M1 chip processors and long battery life on the iMac. Apple's control of hardware and software puts Apple in a position to lead the way, to build the hardware that will run software in a better way. This report in the WSJ calls it making the iMac as capable as the smaller iphones.

LyrArc Article Gist
Language translation of smartphone text is one of the features in the new Jiophone Next to be released in India.

LyrArc Article Gist
A sharp drop in men's college enrollment of 62% between 1959 and 2021 has led to women catching up from being way behind which is a good thing, yet the sheer size of this drop has created a new problem for both men and women as Americans. The college enrollment now is 60% women, 40% men- not a good one by any stretch of the imagination.  It is bound to have serious negative effects on women being able to find college educated men to share life's experiences. Yet more profound and insidious is the danger it poses for America's economic prospects and its leadership role in the world. The Biden administration seeks to correct one part of the problem which is the declining access to a college education because of cost. It wants to provide access to  college education at no cost through community colleges. This is only the first step and is part of the $3.5 trillion dollar plan for workers and families in America. A national consensus is needed on such an important issue before the American people- to make America a place of opportunity for all its people.  ...

LyrArc Article Gist
Matt Rudd gives this excellent story on what it is like for dads in today's hectic ever busy work and business environment that takes little account of the needs of family and children. As work consumes most of dad's time, work-life balance is seriously affected, leading to stress and inability to cope with family, wife and children. Rudd gives examples and a quiz as food for thought.

LyrArc Article Gist
India's broadband prices have dropped to the point where they are the lowest in the world. A UK comparison site shows 1 gigabyte of mobile data  costs $0.26 in India compare to $12.37 in the U.S. and $6.66 in the UK, and globally about $8.53.  Reliance Jio the company which dropped prices starting in 2016, says it is using voice and data on a spectrum known only for data use. Reliance Jio is using only one fifth of its capacity. and says is it is making more revenue per user than competitors. Competitors including Airtel and Vodafone have lowered prices reducing margins of as high as 30 percent to being barely profitable. Reliance Jio gives away its 4G feature phone JioPhone against refundable security deposit of $21, with plans of $1 a month. The handset supports Wifi and WhatsApp. India ha 1.17 mobile subscriptions, 55% in urban areas. Most broadband use now comes from Jio. Mobile data consumption has jumped in India in 2 years to more than 10GB per user per month, which is close to that in the U.S.    ...

LyrArc Article Gist
See who qualified and how for World Cup 2026 in the US in this detailed report in The Guardian.

LyrArc Article Gist
Walter Berns, a Professor Emeritus at Georgetown University, describes the difficult situation Lincoln faced, and the different factions from Abolitionists who lost interest in the Union, to Southern slave holding states, and compromise promoting factions, which he had to navigate around to achieve his ultimate purpose. A purpose based on what the Bible and every human sense of right and wrong would say. After the Dred Scott decision by the Supreme Court stated that slavery was affirmed in the constitution, and there were efforts in the Senate in 1861 to continue with another compromise that allowed slavery to continue and expand in the south, and after secession of some states under his predecessor, Lincoln had to keep saying no to a compromise or any rejection of the union. Even after huge losses, and battle weariness of northern and southern states, Lincoln had to have that deep inner faith, a faith in Almighty God and his purpose for the Union, to reject peace negotiations with the southern states that conceded anything on slavery. ...

LyrArc Article Gist
For the first time a senior figure in Beijing tells why China rejected a U.S. offer for a deal in May 2019. Mr. Trump said at the time that China withdrew its agreement on the deal after initially agreeing to it, creating a lack of trust. 

Senior economic official Li Deshiu says "it was a wholly unfair treaty that seeks to colonize China's economy. If this is accepted it is giving up China's development path, giving up China's rights for development, and making China a vassal of the U.S."

He says the trade war is a broader U.S. strategy to limit China's development in key industries. This is the Chinese perspective on the situation which was not stated in clear terms but alluded to till now.

LyrArc Article Gist
Lucy Powell, deputy leader of Labour party, on Andy Burnham as the right choice for Denton seat in parliament, as the Greens would not have gone after that seat the way they did knowing Burnham was in it. Lucy Powell says of Andy Burham of the Greater Manchester region-  people “see in him someone who is on their side, someone who is delivering those Labour values and those Labour policies”. Starmer's error was to keep Burnham out, and he well realizes this.

LyrArc Article Gist
NYT provides a first hand look at how problems with lack of construction company oversight led to extensive damage to buildings in the Turkey earthquake. 

LyrArc Article Gist
The NYT says many of India's largest and most profitable companies are "relative models of probity," and several ranking among the world's best governed companies including companies in the software and pharmaceutical sectors. Large parts of the Indian economy have little appetite for the risk taken on by the Adani Group and are run on a financially conservative basis. Infrastructure is unique for this kind of risk taking because of decades of neglect of Indian infrastructure during the 1995-2015 period, when China was rapidly building infrastructure with large investments and India fell behind. It is that catchup mode that induced Adani Group's aggressive efforts taking on debt for outsize goals that it was willing to adopt for coal, solar and port logistics. As a result the Indian economy with companies such as Infosys and Dr. Reddy's Labs says the NYT, is largely not affected by the problems of the Adani group's debt structure.    ...

LyrArc Article Gist
Meeting in person takes mental energy, yet it is essential to restore our connection to each other. Simply relying on social media or messages is easy but a losing proposition and simply increases the human need for meeting people in person. It takes a lot more work to meet in person, but it is more energizing and fulfills a human need to see people.

LyrArc Article Gist
The largest ever drawdown of oil reserves is shown in this video report in WSJ- Biden has released 180 million barrels of the oil reserves from 400 million barrels in reserves. This has reduced the sharp surge in oil prices as Russia restricts supplies of oil and western sanctions are tightened on Russian oil.

LyrArc Article Gist
The war to control Kherson is only weeks away. The town of Beryslav upstream on the Dnipro river is the next target for Ukrainian forces. This would lead to Kherson. Russian forces are withdrawing from the west side of the Dnipro river in Kherson and may decide to withdraw. If they stay in Kherson Ukraine may simply cut supply routes to the city and wait to avoid losses in winter fighting in muddy terrain.

Kherson is important to Ukraine because of the Dnipro river that runs through the heart of Ukraine. This is the only capital of a region that fell early to the Russian invasion forces. It is also important for control of the Black Sea region, Ukraine's only opening to the sea for trade and economic activity. It is important to remove any threats to Odessa, a major port for Ukrainian grain exports.

 

LyrArc Article Gist
The housing downturn as a result of sharply higher interest rates as the Fed's Jay Powell takes on surging inflation is very different from the problems of bank's shoddy mortgages of 2008. The 2008 financial crisis was a banking crisis from overleveraging by US banks and the use of questionable mortgages in housing. The rules set down and strict regulation since 2008 protect the housing market from the errors of 2008.

LyrArc Article Gist
The new excitement of scenic train travel. The Manhattan New York to Burlington, Vermont, on Amtrak's Ethan Allen Express takes you through the Hudson River Valley and to the shores of Lake Champlain with its fresh mountain air away from the hustle and bustle of New York City. It is an 8 hour ride to this lively university town in the north country near Canada. "I like to see it lap the Miles/ And lick the Valleys Up/And then around a Pile of Mountains," says Emily Dickinson of train rides even in a period of steam engine driven trains. Today's trains with glass around you are even better for the view of Nature.

LyrArc Article Gist
GST revenue increase is important because it finances healthcare, education, infrastructure building, jal ghar and cooking gas, Digital India initiatives, housing programs in a way that has never happened before and is needed for modernizing the Indian economy. The same approach is being taken by president Biden in the US to finance his climate and tax bill of $369 billion. It is the biggest climate action bill in history and revenues to finance renewable energy transition are coming from a 15% minimum corporate tax that is being agreed to by all countries in the world including US, Britain, European Union and India. Just today the WSJ the largest biotech company Amgen in the US paid 3.5% effective tax rate on revenues for 2013 when tax rate under federal law was 35%, and the IRS is working on getting $10.7 billion back in payments due over a decade. Much of Amgen's profits of $24 billion had been shifted to a location in Puerto Rico says a report in WSJ. The development work of the free world countries including US, EU, and India cannot happen without this. Without this the US, EU and India cannot even remain competitive with China or tackle national security threats. ...