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Will The Political Class Ever Be Held Liable For What They've Done?
[AIER] Politically-dictated lockdowns and prohibitions have recently destroyed tens of millions of American jobs. Politicians have effectively claimed a right to inflict unlimited economic damage in pursuit of zero COVID-19 contagion. The perverse incentives driving the policy have multiplied the harm far beyond the original peril.Almost 40% of households earning less than $40,000 per year have someone who lost their job in recent months, according to the Federal Reserve. The Disaster Distress Helpline, a federal crisis hotline, received almost 900% more phone calls in March compared to a year ago. A recent JAMA Psychiatry analysis warned that stay-at-home orders and rising unemployment are a "perfect storm" for higher suicide rates. A California health organization recently estimated that up to 75,000 Americans could die from "despair" as a result of the pandemic, unemployment, and government restrictions. In the name of saving lives, politicians have entitled themselves to destroy an unlimited number of livelihoods. Politicians in many states responded to COVID-19 by dropping the equivalent of a Reverse Neutron Bomb — something which destroys the economy while supposedly leaving human beings unharmed. But the only way to assume people were uninjured is to believe their existence is totally detached from their jobs, bank accounts, and mortgage and rent payments. Posted by: Clem 2020-05-23 |
| http://www.rantburg.com/poparticle.php?ID=572261 |