NEW LONG FORM VIDEO: The rise and fall of Target
$50 billion. That’s how much Target’s value dropped in just three years after being named America’s most beloved retailer.
You might assume the reason is competition from Walmart or pressure from Amazon. But the real cause is more complicated, and it’s something most people don’t want to talk about.
This is the rise and fall of Target.
Offhand —
* Vacillation on masks, with abundant motivated reasoning in every case.
* Promulgation of made-up thresholds with no evidentiary basis (e.g. 6 feet).
* Authoritarian delight in nanny state intrusiveness (policing the beach and such).
* 180 on many issues around BLM.
* Lack of effective response from science funding bodies.
* Denial of aerosolized transmission.
* Changing of trial readouts so that they’d occur after the election. (Confirmed to me by senior OWS officials.)
* Crazy criteria for vaccine distribution.
* Adamant insistence on vaccine efficacy beyond what was supported by data.
* Almost complete lack of follow-through on OWS (on pan-variant vaccines).
I’m sure there are more, but those are the ones that stick out.
@smburns It’s wild how cities like Minneapolis end up with such unqualified people in leadership. Why don’t more highly capable people choose local government over the private sector? It’s an interesting phenomenon.
Just signed up for health insurance as self employed. They only asked my age and if I use tobacco. No in person physical, health metrics, or lifestyle questions. I could be shredded or sedentary and it is priced the same. Feels like a joke.
Busines is so competitive, you need to run at world class levels of effeciency to make it, scrutinizing every dollar
It’s painfully hard to make it, so when you do, to then see 35-55% of it so brazenly wasted, or worse, stolen - it’s hard to stomach
All of this waste, fraud, abuse coming to light feels like it’s striking a chord that - productive members of society have had enough
More than anything, DOGE was a great catalyst to dive further into this