Stop the Insane Overreaction
The economic devastation that is now playing out before our eyes is not caused by the Wuhan flu virus. In the last 21 days, approximately 162,000 Americans have died. Of that number, 150 were killed by the Wuhan virus. If governments at all levels had done nothing, other than eliminating regulatory barriers to the deployment of already-existing medicines, would the virus have killed more Americans? Yes, that is what flu bugs do. Would it kill more than the 13,000 or so who have died from this year’s seasonal flu virus? Who knows? More than the estimated 80,000 who were killed by the flu in the U.S. just two years ago? I doubt it: world-wide, it has killed only a little more than one-tenth that number.
The answers to those questions are speculative, but this is not: by dictating a virtual cessation of economic activity, governments at all levels, but especially state and local, are causing an economic collapse the likes of which, if it continues, we have not seen since the Great Depression, if ever. When has such a government-caused disaster comparably devastated a non-socialist country? Not often. The inflation of the Weimar Republic comes to mind.
I agree with the Wall Street Journal editorial that Scott quoted from this morning, but I think it is too mild. Here is a prediction: the deaths of Americans caused by the Wuhan flu bug will be dwarfed by the suicides committed by people whose life’s savings have been wiped out, whose businesses have been bankrupted, whose jobs have been lost, and whose prospects have been blighted by the insane overreaction we now see from our governments. That overreaction must stop. Right now. Before it is too late, if it is not too late already.
2 comments:
They Should Have Called It ‘CONTROL’-avirus
Former U.S. Presidential Candidate Ron Paul really nailed it with his March 16, 2020 article entitled “The Coronavirus Hoax”:
Pappy,
I have to agree with you completely. And also add that if we just consider that if a person were a Democrat whose party had no real candidate that could defeat the current President in the upcoming election, what would the best strategy for causing him to falter in November be? Especially considering the fact that that President, reviled as he might be by your own party, had been mostly responsible for the economy that is booming, the likes of which this country has never before seen, with nearly all categories of measurements from unemployment percentages, to the number of African Americans working, to the number of women whose wages are at an all time positive comparison with that of men.
In other words, for the most part, anyone who actually wants a job can find one, and most of them are not just minimum wage, since the competition for workers is a real thing, and so even entry level jobs at fast food places are starting out at higher than minimum wages.
So a good strategy would be to want the economy to tank, which always is blamed on the president, just as a good economy is also credited to the president. The Democrats don't care about the pain caused the American people,they just care about power. And they also don't care about Joe Biden being in way over his head in his bid for the job, since once elected, he can then be removed and his VP take over for him. So the more important thing to watch in this years election is not going to be the actual election, but rather the nomination of the vice presidential candidate on the Democratic ticket. That will tell more than anything, just where the Democrats intentions lead.
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