“You’re on Mute!” Is the Phrase of the Year

Courtesy of the Financial Times, here’s a weird chart to start off our week:

What accounts for this? Corporate earnings calls, as the name implies, have always been calls. That didn’t change because of the COVID-19 pandemic. And yet, the surge in mentions of muting started precisely in April and May, exactly when the pandemic took off in the United States. Was there a sudden switch from phone calls to Zoom calls, and with it a learning curve of how to mute oneself? But if that’s the case, surely people would learn over time and the incidence of being unexpectedly on mute would decline. That hasn’t happened.

I feel like there’s something obvious that I’m missing here. Somebody school me, please.

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OUR DEADLINE MATH PROBLEM

It’s risky, but also unavoidable: A full one-third of the dollars that we need to pay for the journalism you rely on has to get raised in December. A good December means our newsroom is fully staffed, well-resourced, and on the beat. A bad one portends budget trouble and hard choices.

The December 31 deadline is drawing nearer, and if we’re going to have any chance of making our goal, we need those of you who’ve never pitched in before to join the ranks of MoJo donors.

We simply can’t afford to come up short. There is no cushion in our razor-thin budget—no backup, no alternative sources of revenue to balance our books. Corporations and powerful people with deep pockets will never sustain the fierce journalism we do. That’s why we need you to show up for us right now.

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