Monday, June 14, 2021

One-Third

 As we continue to recover from the horrible disease that the Chinese government, we're learning the long-term effects of the government imposed social engineering  that came with the virus.  It seems that over one-third of all small business in the US is gone forever.  According to the Proceedings of the National Academy of Science:

“Previous studies have claimed that shelter-in-place orders saved thousands of lives, but we reassess these analyses and show that they are not reliable. We find that shelter-in-place orders had no detectable health benefits, only modest effects on behavior, and small but adverse effects on the economy. To be clear, our study should not be interpreted as evidence that social distancing behaviors are not effective. Many people had already changed their behaviors before the introduction of shelter-in-place orders, and shelter-in-place orders appear to have been ineffective precisely because they did not meaningfully alter social distancing behavior.” 

There is some analysis at PJMedia, but what I glean from this is that the pandemic revealed that some governors are power-hungry and loath to give up emergency powers.  We also learn that more than one-third of US businesses are gone forever, and the portion of the economy most harmed was the hospitality and entertainment industry. 

1 comment:

Anonymous said...

I wouldn't call a mild flu with a 99.7% percent chance of recovery, a 'horrible disease'

But thats just me.