2021
October
29
Friday

Monitor Daily Podcast

October 29, 2021
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Laurent Belsie
Senior Economics Writer

The numbers aren’t pretty. The economy slowed unexpectedly this summer, notching the weakest rate of growth since this recovery began. Inflation is up; job formation has slowed. In September, employers added only 194,000 jobs, the worst showing this year. Supply chain woes have cut into revenues, glaringly so for car manufacturers.

But that’s just the pessimistic view. “If you look at the glass-half-full view of this labor market recovery ... we’ve actually made a lot of progress,” says Gregory Daco, chief U.S. economist for Oxford Economics in New York, speaking at a webinar sponsored by the National Association for Business Economics. Compared with other recent recessions, “the recovery so far has actually been quite rapid.”

Economic growth is expected to rebound this fall, as pandemic caseloads fall. So is employment. Fewer people filed for first-time unemployment benefits last week than at any time since the United States was hit by the pandemic. Productivity growth is running above long-term trends. A big question is when inflation will recede.

To gauge a local economy, I’m a great believer in going beyond the numbers and looking around. Here in Boston, companies are so desperate for workers they’re raising wages or offering signing bonuses. Retail parking lots are full as consumers go shopping. Store shelves are emptier than I’ve ever seen, no doubt due to those supply chain problems but also perhaps a testament to strong demand.

Service at restaurants has slowed, and I’m spending more time on hold because there are too few people to serve the food and staff the phones. If that’s what Americans in general are seeing, it’s hard to be too pessimistic about the future. When people feel safe to go to work again, they’ll fill those jobs, ease those supply chain bottlenecks, and rev up the nation’s economic engine back to some new normal.


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Today’s stories

And why we wrote them

A deeper look

Ebaid Ahmed/Reuters
Sudanese demonstrators march and chant during a protest against the military takeover, in Atbara, Sudan, Oct. 27, 2021, in this social media image.

Can the Biden administration exercise restraint in pursuit of democracy abroad? That is a question raised anew by the coup in Sudan, where the U.S. has invested time, money, and effort.

Rebecca Naden/Reuters
An installation of a "Sinking House" is partly submerged to highlight climate change ahead of COP26, in Bath, England, Oct. 26, 2021.

A climate summit opens Sunday, rooted in a system of voluntary national commitments that is far from perfect. But one former climate official says, “There are moments where we can ... head towards the common good.”

The Explainer

Many companies have put short-term profit over long-term values. The Facebook whistleblower says no one at her former company was “malevolent,” but the misalignment of incentives, she and others say, has led to social discord.

Fabio Caricchia/Courtesy of Rome's Superintendency of Archeology
Thousands of artifacts were discovered when engineers began building an underground car park in Rome. They will now be displayed in a museum in Italy's capital opening next month. From decorative bronze pendants from a bridle used by a cavalry officer to a delicate doll’s leg made out of bone, the objects reveal the practices and rituals of ancient Rome.

The search for treasure is often a child’s fancy, but in Rome it’s a humdrum affair. Thousands of artifacts of Roman emperors, found when a car park was being constructed, are now part of a new museum.


The Monitor's View

AP
Sudanese soldiers are greeted by civilians in Khartoum in June, 2019, after the ouster of the autocrat Omar al-Bashir.

Second time’s a charm?

That’s the hope of pro-democracy activists in Sudan who are planning a “million-person march” Oct. 30, five days after the military ousted a civilian government. Their reason is that mass protests worked in 2019 when enough soldiers, facing off against crowds of peaceful demonstrators, refused to shoot their fellow citizens. The top brass, fearing widespread defections, abandoned a long-term dictator, Omar al-Bashir, and set up a transitional regime.

Now the military has again taken full power, touching off a new contest for the hearts and minds of the rank and file. As in many countries during a civil conflict, often the winners are those who make the best appeal to the conscience of frontline soldiers, rather than to their fears, then bullets lose out to basic principles.

A similar contest is now playing out in Myanmar. A military coup in February against the elected government of Aung San Suu Kyi has led to protests as well as rebellion among the majority Burmese population. Two previous uprisings, in 1988 and 2007, had forced the military to create a partial democracy, in part because many soldiers were reluctant to kill civilians.

This time, pro-democracy activists claim their tactics of converting soldiers to their civic cause – or at least convincing the soldiers not to shoot – might force the large Myanmar army to collapse from within. That seems a stretch as the military has long bought the loyalty of soldiers with a narrative of superiority over civilian society or, if that fails, with money or a fear of retribution for defection.

Still, a group of defectors called the People’s Embrace claims about 1,500 military personnel and more than 1,000 police officers have defected since the coup. The group works quietly with the families of soldiers to persuade them of a safe exit from the army. With the country’s economy in a free fall, the military, known as Tatmadaw, may not be able to continue buying the loyalty of soldiers.

”The Tatmadaw is unlikely to disintegrate anytime soon, but threats to its strength and unity are growing and look likely to continue to intensify,” writes Nyi Nyi Kyaw, a scholar at Germany’s Institute for Advanced Study in the Humanities, in the East Asian Forum.

Democratic revolutions often succeed when civilian activists imbue soldiers with the moral norms of democracy – such as civilian rule over armed forces – as well as the international norm of protecting innocent life in a conflict. To a large degree, the conflicts in Sudan and Myanmar are battles for the hearts of those with guns. Either by mass protest or quiet appeals, the battle can be won peacefully.


A Christian Science Perspective

About this feature

Each weekday, the Monitor includes one clearly labeled religious article offering spiritual insight on contemporary issues, including the news. The publication – in its various forms – is produced for anyone who cares about the progress of the human endeavor around the world and seeks news reported with compassion, intelligence, and an essentially constructive lens. For many, that caring has religious roots. For many, it does not. The Monitor has always embraced both audiences. The Monitor is owned by a church – The First Church of Christ, Scientist, in Boston – whose founder was concerned with both the state of the world and the quality of available news.

The light of God, the source of all that’s good and true, illuminates the way to harmony, joy, and progress for all creation.


A message of love

Robert F. Bukaty/AP
A duck hunter motors by the reflection of a train trestle on the Androscoggin River, Oct. 29, 2021, in Brunswick, Maine. E.B. White wrote of his love of the state in his essay, “Home-coming,” “What happens to me when I cross the Piscataqua and plunge rapidly into Maine at a cost of seventy-five cents in tolls? I cannot describe it. I do not ordinarily spy a partridge in a pear tree, or three French hens, but I do have the sensation of having received a gift from a true love.”
( The illustrations in today’s Monitor Daily are by Jacob Turcotte. )

A look ahead

That’s a wrap for today. Have a good weekend, and please join us again Monday. We’ll visit an East St. Louis grocer who saw his community’s challenges as a reason to stay and help. 

More issues

2021
October
29
Friday

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