Trump: a great revolutionary leader 6

Alexander, Caesar, Washington, Napoleon, Churchill, Thatcher, Reagan, Trump.

There he stands among his peers – people who personally redirected the course of history. No matter what he does from now on for as long as he lives, he has already earned his position among the greatest leaders of our common Western past.

Matthew Boose, writing at American Greatness, seems to go even further in his admiration of Donald Trump, suggesting that he may be uniquely great, at least in American history:

There’s a reason that Trump commands a fierce devotion … He is an historic phenomenon, a singular personality the likes of which we have never seen, and are unlikely to see recur, in our lifetimes. 

Trump has done what few men can say of themselves: he altered the course of events in a way that no one saw coming. Totally by surprise, he presented an opportunity to save a nation in decline, an opportunity which, if lost, … may never return. That is what has made these four years so momentous, so eventful, and so full of conflict. Trump’s enemies sensed it too, which is why they have worked so desperately to crush him.

Few men could have withstood the extreme pressures that Trump has faced these four years. Millions of Americans have been inspired by his incredible tenacity through it all.

America does not produce many great men anymore, but Trump is a great man: he has an unusual degree of courage and willpower, qualities rare in our time in any measure. …

Trump and his supporters understand that the opposition is vicious, evil, and totally without honor, and that future leaders who want to defend America in more than name would have to be willing and able to incur enormous hostility and personal risk. …

“Trumpism” is a vague thing, and the Republican establishment and the kept Right are eager to jettison Trump and leave us with an ersatz version of his movement. Trump’s primary achievement … is that he made the Republican Party the home of a multi-racial working class. [Which is true but] this elides an essential part of Trump’s rise, which was that he acknowledged American whites who had felt put upon and alienated in an increasingly hostile regime. Any “Trumpism” that lacks the courage to push back against the relentless, anti-white sentiment of the Left is counterfeit.

Trump’s movement is a genuine revolution. Like any revolution, it is liable to corruption and change. This has happened with many movements before: the momentum gets lost, and it turns into a husk of its former self. … It is possible that Trump’s movement dies with him. History does not always [or ever? – ed] offer second chances. …

If Trump’s downfall really is a fait accompli, then millions of Americans will take his loss like a deathblow to America. If that is cultism, count me in. We are lucky to have Trump. He is an American hero, the best—the only—real defender we have had in generations.

Can Trumpism survive without Trump?

Can America survive without Trumpism?

Posted under Economics, liberty, nationalism, United States by Jillian Becker on Friday, December 4, 2020

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Two American nations 9

Millions who want to live in freedom with limited government cannot compromise with millions of big-government collectivists.

Those to whom an individual’s race is of no consequence cannot endure race quotas (euphemized now as “diversity”).

Those who want secure borders cannot share territory with those who want “open” borders (effectively no borders at all).

Those who want impartial justice and equality under the law cannot co-exist with those who want judicial discrimination on grounds of race, class, sex, or history.

Those who know that only free market capitalism makes for prosperity and wish to pursue their own economic goals unhampered by regulation will not tolerate “redistribution” of wealth,  whether by means of high taxation, state-run health care, nationalization of industries or any other government-imposed impoverishing devices on which collectivists insist.

Those who know that slight changes in climate will not endanger human life cannot endure being bludgeoned by global warming mythologists into accepting a poorer way of life “to save the planet”.

Those who want one (hospitable and expanding) culture with one official language, cannot accept multiculturalism and multilingualism being imposed on them by the others.

These are two different nations.

There is nothing to be gained for either of them by alternating administrations, each undoing what the other has done – a fruitless, weakening, wasteful procedure.

Two incompatible nations are sharing one country. Territorial division is not possible.

What can be done?

Posted under America, Climate, Collectivism, Economics, Law, liberty, nationalism, Race, Socialism, tyranny, United States by Jillian Becker on Tuesday, June 2, 2020

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Shallow dip, quick recovery 3

Art Laffer – yes, he of the Laffer Curve – has faith in President Trump’s ability to restore the US economy when the coronavirus scare is over.

Watch the stock market for optimistic predictions, he says. You will find them there.

Here’s a clip from the interview with Art Laffer conducted by Stuart Varney of Fox Business News on May 12, 2020:

Posted under Economics, United States by Jillian Becker on Tuesday, May 26, 2020

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Oops! Sorry, world! 9

Catastrophe. Cataclysm.

Have billions of lives been devastated and millions of people reduced to poverty by a computer software error? 

Thomas D. Williams writes at Breitbart:

The UK’s coronavirus lockdown was caused by “the most devastating software mistake of all time, in terms of economic costs and lives lost,” according to a report by a British newspaper.

The essay is referring to computer modeling by Neil Ferguson and his team at Imperial College London that predicted enormous deaths in the UK and elsewhere and led to draconian lockdown measures.

The Imperial College team published a 20‐​page report on March 16 forecasting that an uncontrolled spread of COVID-19 could cause as many as 510,000 deaths in Britain and as many as 2.2 million deaths in the United States.

The predictions, which were considerably wide of the mark were the result of radically deficient modelling, according to a report in British newspaper The Daily Telegraph by software developers David Richards and Konstantin Boudnik

Imperial’s unreliable microsimulation model moved policymakers to “mothball our multi-trillion pound economy and plunge millions of people into poverty and hardship,” the authors note.

The simulation code was so bad, the writers insist, that they “would fire anyone for developing code like this and any business that relied on it to produce software for sale would likely go bust.”

Imperial’s model “is vulnerable to producing wildly different and conflicting outputs based on the same initial set of parameters,” they state. “Run it on different computers and you would likely get different results. In other words, it is non-deterministic.”

In their contention that the Imperial model was “fundamentally unreliable”, the authors question why the government did not get a second opinion before radically altering the lives of millions of citizens.

The writers register their suspicion that “the [British] Government saw what was happening in Italy with its overwhelmed hospitals and panicked.”

Did the Ferguson team’s wildly wrong computer modeling also influence the US federal government’s decision to quarantine the entire population, causing businesses to close, many perhaps permanently, and impoverishing millions?

It seems that it did.

Can even the Midas touch of President Trump restore the lost wealth of America? Is there a doctor or magician who can resurrect the late economy?

Lockdown: a colossal misjudgment 7

Our reader and commenter Cogito, a General Practitioner, wrote the following as a comment on our post Boom again? (May 9, 2020).

With his  permission, we feature it here as an article with which we wholly agree.

We don’t know everything about the COVID virus certainly, but we know quite a bit.

We know that the virus can be very dangerous to the elderly and the medically fragile. Indeed the vast majority of deaths are precisely in this group.

We also know that the overwhelming number of people who contract the disease (possibly 99.9%) will survive. We know that most people will have minimal or minor symptoms.

COVID is not and should not be seen as a significant threat to our way of life. It is not the biggest crisis ever faced by Western Civilization. It is not the biggest public health crisis ever faced by Western Civilization.

Yet, it is astonishing that a virus of such low lethality and morbidity could bring the world’s mature market economies to their knees. It makes no sense logically or empirically.

Furthermore, there is no convincing scientific evidence that lock-downs even work. We know this simply by observing and comparing those states such as Sweden and Taiwan, and Japan which did not lock-down or did so only minimally have fared as well or better than those states who locked down tightly.

Another issue about lock-downs that disturbs me is that they run contrary to medical science and history. Quarantines, as far as I can determine, have always been used to isolate the sick. But here, we are isolating healthy symptom-free people. Most unusual.

In addition to these medical observations, I have other concerns social, legal, and political. Lock-downs are proving to be harmful. We are beginning to see (anecdotally for now) more suicides and domestic violence. I witness the growing depression and anxiety in my patients every day.

Then there is the question of civil liberties and overreach by our political masters. Political leaders threatening to follow us on our cell phones, lock-downs which are nothing but a kind of house arrest of citizens who are guilty of nothing, police ticketing people for sitting in parks, “snitch” lines being instituted so neighbors spy on neighbors. Readers of George Orwell would find these measures disturbingly fascistic.

And then, of course, there is the catastrophic economic downturn we are facing now. If Mr. Trump can’t turn this around, we are doomed to a new Dark Age of grinding poverty and misery.

Under (probably gynocratic) communist tyranny.

Posted under communism, Economics, Health, tyranny by Jillian Becker on Monday, May 11, 2020

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Boom again? 7

How long will it take for the thriving economy that President Trump conjured up to get going again?

The Wall Street Journal pleads:

[T]he strict lockdowns were a government policy choice. But the damage is done, and our focus isn’t on recriminations. The issue is what to do now, and the public is wise enough to know that public health can’t be sustained without a healthy economy. Americans can see the destruction all around them. They know the virus will be with us for a long time unless there’s a vaccine, so we have to learn to live with it and have a functioning economy

No politician wants to admit it, but we are moving to a de facto policy that gives people and businesses the leeway to open and make their own risk calculations. Most Americans are smart enough to know they need to take precautions and social distance, and businesses have no incentive to endanger their employees. Meat packers are learning that lesson the hard way.

The tradeoff isn’t between lives and livelihoods. The policy goal has to be to protect both as much as possible. Deploy more personal protective equipment, greatly increase testing, build surge capability to handle flare-ups, and isolate society’s most vulnerable to keep hospitals from getting overwhelmed. But for heaven’s sake reopen the economy so we don’t consign millions to years of poverty.

We expect President Trump to do it again. We say, if anyone can, he can.

We want to hear arguments For or Against our opinion.

Posted under Economics, United States by Jillian Becker on Saturday, May 9, 2020

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Justified anger 4

The admirable Senator John Kennedy discusses on Fox News the House Democrats’ response to the economic crisis brought about by the coronavirus pandemic.

His anger at how the Democrat majority exploited the emergency to serve their own petty interests at the expense of the tax-payer is justified. The Republican minority had to give in to their  absurd demands in order to get the urgently necessary bill enacted into law.

Which is the party of true compassion could not be clearer.

Posted under Economics, government, Health, Leftism, United States by Jillian Becker on Sunday, March 29, 2020

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A Fauci farce to force a recession? 36

Has the Left, through the powerful authority of Dr. Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases (NIAID), deliberately worked a wrecking of the economy  by exaggerating the danger of the coronavirus so as to give dictatorial power to government as the only way to save the nation from the disease?

A wrecked economy could be detrimental to President Trump’s re-election. Could the Left be using the pandemic to dislodge him from office, having tried and failed to do so using the Russia hoax and impeachment?

As it turns out, the president’s popularity is rising on the strength of his handling of the crisis. But that doesn’t mean there wasn’t such a plan – only that, thus far, it isn’t working as intended. Or only partly working. Damage to the economy has happened and continues to happen. But will American voters turn to the Democrats – specifically to corrupt senile Joe Biden – in the November election to restore it ? Or, rather, to establish socialism in its stead?

Sure this is a conspiracy theory. But could it be true?

In an article at American Thinker, M. Catharine Evans writes:

It seems some viral infection pandemics are more equal than others. At least when it comes to burning a vibrant Trump economy to the ground.

In September 2009, after millions had become infected with the H1N1 influenza and thousands had died, some of whom were young people and children, a relaxed and unalarmed Dr. Anthony Fauci told an interviewer that people just need “to use good judgment.” [See the video here.]

Parents should not send their kids to school if they’re sick, if you’re sick don’t go to work … avoid places where there are people who are sick and coughing, now that’s a difficult thing to do. … You can’t isolate yourself from the rest of the world for the whole flu season.

That’s quite a change from the esteemed expert’s views on the current virus from China sweeping the world.

It’s peculiar that nowhere in the 2009 video does Dr. Fauci suggest that in order to alleviate the stress on hospital supplies we “force, uh, delay,  if not cancel anything that’s elective, I mean any medical or surgical procedures that need to be done on an elective basis should not be done.”  Dr. Fauci’s statement to NBC’s Savannah Guthrie on March 20, 2020 and his obvious slip of the tongue using the word “force” reveals just how much influence Dr. Fauci has over our daily lives. To date, hospitals, imaging centers, and outpatient departments across the country have cancelled non-emergent testing and surgical procedures.

Additionally, nowhere in the 2009 interview does Dr. Fauci specifically mention restaurants and bars as hot spots for the transmission of the H1N1 virus as he does in his recent interview with Yahoo News: “When I see crowded bars and crowded restaurants, it is a little bit unnerving,” Fauci said. “It’s clear that those are the situations that put people very much at risk.” Talk about wielding power. Take a look around the country. Local and state officials have heeded Fauci’s “unnerving” concern and ordered restaurants to close their dining areas, or adhere to a 10-person limit.  In cities and small towns everywhere, the restaurant industry, which includes owners,  suppliers, chefs, line cooks, waitstaff, and bartenders, has been decimated.

Restaurants and bar owners, along with their employees, are the hardest hit economically by the virus. …

Nowhere in the 2009 interview does Fauci use inflammatory, fear-inducing rhetoric, despite the number of H1N1-infected individuals, increased hospitalizations and deaths occurring at that time. Eleven years later, on March 11, 2020, Fauci is gung ho about COVID-19, warning lawmakers at a hearing on Capitol Hill: “Bottom line, it’s going to get worse.”  Since then, the renowned epidemiologist has been seen daily at White House press conferences and on cable news shows reiterating this message to the public. …

Why did Dr. Fauci not sound the alarm in 2009 as urgently as he has done in 2020?  Why did he not insist we “force” hospitals to cancel elective tests and surgeries to save room for future infected patients during the H1N1 outbreak? Why did he pointedly target restaurants and bars in his concern for the spread of the coronavirus but not H1N1?  As a specialist in infectious diseases, and as a self-described “man of science”, why support the closing of schools, businesses, and home quarantine for one virus and not the other?  H1N1’s duration from April 2009 to April 2010 with 60 million infected and almost 13,000 deaths in the U.S. alone was no less serious than the 2020 coronavirus so why was Dr. Fauci taking a more measured approach in 2009?

The answers may come too late. The economy that was setting records has been broken … The working and middle classes, who only a month ago were celebrating the purchase of a new car, a house, a raise, moving out of their parents’ home or the promise of a better job are wondering if they can hold on, and some are waking up to the realization their lives have been turned upside down over a virus that is no more deadly than the flu they got last year.

Is there an answer to “why”?

Peter Barry Chowka, also writing at American Thinker, provides an answer by offering some evidence that Dr. Fauci may in fact be using his authority to advance the fiercely destructive political plans of the president’s Democratic enemies.

His article is titled: Anthony Fauci, the NIH’s face of the coronavirus, is a Deep-State Hillary Clinton-loving stooge.

He writes:

After seeing a March 9, 2020 tweet by Shiva Ayyadurai, Ph.D., who has four degrees from MIT, I was inspired to take a look back to try to put Fauci’s current work on the coronavirus into some perspective.

In his tweet, Dr. Shiva Ayyadurai (“inventor of Email”) said:

As an MIT PhD in Biological Engineering who studies & does research nearly every day on the Immune System, [I think] the coronavirus fear mongering by the Deep State will go down in history as one of the biggest frauds to manipulate economies, suppress dissent, & push MANDATED Medicine!

What did Peter Barry Chowka find out about Dr. Fauci?

One of the first things I found about Dr. Fauci, at the WikiLeaks Clinton email trove, was a gushing 2013 email that Fauci had sent to Cheryl Mills, one of Hillary Clinton;s top aides, praising the then-secretary of state for her congressional testimony on Benghazi.

Cheryl: Anyone who had any doubts about the Secretary’s stamina and capability following her illness had those doubts washed away by today’s performance before the Senate and the House. She faced extremely difficult circumstances at the Hearings and still she hit it right out of the park.

Please tell her that we all love her and are very proud to know her.

Warm regards,

Tony

Anthony S. Fauci, MD Director National Institute of Allergy and Infectious Diseases

OK, fine. So Fauci’s a typical, deeply embedded administrative state hack who can be expected to be obsequious to his political bosses like Mrs. Clinton. …

Careful observers have noted that after the almost daily White House news conferences with President Trump and members of the Coronavirus Task Force, Fauci, a regular attendee and the task force’s chief medical spokesman, often runs to Trump-hating media like CNN to contradict — usually with a degree of nuance that gives him plausible deniability — what the president has just said. The Daily Mail of London noted this behavior in a March 20 article, “Dr Anthony Fauci caught rolling his eyes and smirking as President Trump rants about the ‘deep state’ during coronavirus press conference.”

But can President Trump be used, fooled, exploited by Dr. Fauci?

If this is a plot to destroy President Trump by destroying the economy, will it work?

We don’t think it will.

 

(Hat-tip to Cogito]

Sickness and poverty 20

We may choose:

We can all stay away from public places to save our lives, and then the economy tanks. Or we resume normal activities, work and play, at high risk of catching the Chinese Virus – which can be very nasty for anyone of any age, and is fatal for the frail and old.

The Wall Street Journal tells it as it is:

Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine. This won’t be popular to read in some quarters, but federal and state officials need to start adjusting their anti-virus strategy now to avoid an economic recession that will dwarf the harm from 2008-2009.

The vast social-distancing project of the last 10 days or so has been necessary and has done much good. Warnings about large gatherings of more than 10 people and limiting access to nursing homes will save lives. The public has received a crucial education in hygiene and disease prevention, and even young people may get the message. With any luck, this behavior change will reduce the coronavirus spread enough that our hospitals won’t be overwhelmed with patients. …

Yet the costs of this national shutdown are growing by the hour, and we don’t mean federal spending. We mean a tsunami of economic destruction that will cause tens of millions to lose their jobs as commerce and production simply cease. Many large companies can withstand a few weeks without revenue but that isn’t true of millions of small and mid-sized firms. …

The deadweight loss in production will be profound and take years to rebuild. In a normal recession the U.S. loses about 5% of national output over the course of a year or so. In this case we may lose that much, or twice as much, in a month….

The politicians in Washington are telling Americans, as they always do, that they are riding to the rescue by writing checks to individuals and offering loans to business. But there is no amount of money that can make up for losses of the magnitude we are facing if this extends for several more weeks. After the first $1 trillion this month, will we have to spend another $1 trillion in April, and another in June? …

Millions of businesses will be bankrupt and tens of millions will be jobless….

But no society can safeguard public health for long at the cost of its overall economic health. Even America’s resources to fight a viral plague aren’t limitless—and they will become more limited by the day as individuals lose jobs, businesses close, and American prosperity gives way to poverty.

America urgently needs a pandemic strategy that is more economically and socially sustainable than the current national lockdown.

What could that strategy be?  

If quick cure is the only answer, can President Trump get it done? If anyone can, he can.

Posted under Economics, Health by Jillian Becker on Friday, March 20, 2020

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Panic and pandemic 18

Is it prudent or stupid to lay in a stock of necessities in a time when shortages are likely? If most of us do it, shortages are ensured. If some of us for that very reason do not, we could find ourselves helplessly regretting it.

Is it prudent or stupid for political leaders to stress the seriousness of the coronavirus epidemic, advise extreme caution (such as not going to the office, working from home), and order the closing down of schools, theaters, sport meetings, swimming-pools, public transport …?

Theodore Dalrymple writes at Law & Liberty:

The first casualty of war is truth. It is also the first casualty of epidemics.

When serious epidemics make their presence felt, a dialectic between complacency and panic is set up in the minds of both the public and the political class. Only after the epidemic is over can a proper assessment of whether too much or too little was done to halt it be made. Since life is lived forward rather than backward, it is only with hindsight that what would have been the right response becomes clear; but if the epidemic has killed a large number of people, recrimination is almost inevitable.

Politicians who have never given a moment’s thought to the science of epidemiology before are suddenly thrust into the roles of expert and prophet, while at the same time having to keep an eye on their ratings in the opinion polls. If they admit their ignorance, they are accused of lack of foresight and leadership; but if they make definite pronouncements they are bound soon to be contradicted by their opponents, if not by the facts themselves. …

Error is not the same as foolishness or wickedness, of course, though in dire situations it is often treated as if it were. The desire then for a scapegoat is almost overwhelming. …

If the epidemic is contained, [President] Trump will claim the credit; if it is not, he will blame others. His opponents will do the same, but the other way round: if the epidemic is contained, they will praise others; if it is not they will blame Mr. Trump.

In the next paragraph, the wise doctor puts the Dem in the panic, showing how the pandemic can be used by the unscrupulous Left to serve its political interest. (We plead guilty to the word play. Frivolity over the virus is not felt or intended.)

There is thus a disturbing grain of truth in the assertion that Democratic politicians would not be altogether sorry to see the epidemic spread, at least spread enough to turn the population against the administration: one extra death might be worth a thousand votes. The desire for power distorts everyone’s scale of values, whichever party they belong to. This, unfortunately, is the human condition, and even the most stringent authoritarianism or dictatorship can only paper over the cracks for a time.

Much is still unknown about the virus and its mode of spread. Even its fatality rate is unknown because many infections may have been without symptoms and therefore not come to the attention of the public health authorities. If this is indeed the case, the fatality rate would be considerably lower than the 2 per cent at present estimated, though it would also indicate that the spread is more difficult to control.

All that can be said for certain is that the old are more at risk than the young, as are those with pre-existing medical conditions such as diabetes and high blood pressure. If a vaccine were developed but was initially in short supply, it is they who should be immunised first; but in any case, it is unlikely that one will be developed quickly enough to affect the course of the epidemic. (Even the need to immunize the old first might be disputed, for more years of human life might be saved by preventing the death of one thirty year-old than by preventing the deaths of five eighty year-olds.)

It is a serious ethical dilemma, about which Mark Steyn writes:

A lady who claims to be “COVID-19 Positive” but has been thrice denied a test argues that restricted testing is intentional and strategic:

The Official Policy of the Trump Administration is Eldercide. They have seen the statistics from China and decided “Well, if grandma & grandpa die that won’t hurt the economy.” Make no mistake, these people don’t believe the Government should do anything.

I like a conspiracy theory as much as the next chap, and I’m willing to entertain the proposition that COVID-19 is Deep State payback or Politburo bio-warfare retaliation for the Trump trade war or all kinds of other things. But the above theory makes no sense. If “Eldercide” is anybody’s strategic goal, it’s surely the left’s: Their position is that it’s the geezer vote that provided the margin of victory for Trump and Brexit and everything else they revile, but that this is a last gasp of a xenophobic homophobic Islamophobic transphobic gerontocracy and as soon as the old coots are six feet under the triumph of the new utopia is inevitable.

If that’s the case, why would Trump kill off the only demographic keeping him in business?

To return to Theodore Dalrymple – he says:

As in the Cold War, we now talk of containment rather than of eradication. Early hopes that the United States might be spared the epidemic have proved what they always were, illusory. It is not only goods that are globalised.

For the moment, containment relies on case-finding, contact-tracing, and isolation or quarantine. In essence we are employing the methods used during the Black Death of 1347-1349. (They were unsuccessful in the Black Death, which killed a third to one half of the population of Europe, because, unknown at the time, the disease was carried mainly by a non-human vector.) Those who have symptoms of the disease, and those who have been in contact with them, are asked to isolate themselves for two weeks, until they are no longer—according to current ideas—infectious to others. Large gatherings are to be cancelled or postponed, as during the Black Death, and people are advised to travel as little as possible, especially by public transport, where the possibility of contagion is high. In the fourteenth century, walls were washed with vinegar and fumigated with burning herbs; we are told to wash our hands often and not to touch our own eyes or mouths, though how far this is actually effective in preventing spread to oneself is unknown. Sometimes it is necessary to go beyond the evidence.

It is hardly surprising that such advice—no doubt good—should lead to panic buying in supermarkets. Staying home as much as possible is the best way of avoiding contracting the disease even if one knows no one who has it, and more people than ever can continue to work from home. But of course, staying at home requires considerable stocking up of food and other necessities. Stocks of goods in supermarkets without re-supply are notoriously sufficient only for a few days even in times of normal buying. At the first sign of panic, it was obvious that the shelves would soon empty, which could only increase the initial panic. …

Is this prudence or stupidity? … [Most people do not] refuse to leave their homes because of the chance of a road accident. … [But] while it is perfectly possible that the numbers of deaths from coronavirus will grow at a rapid exponential rate, it is unlikely, to say the least, that the rate of death from road accidents … will do likewise. …

Epidemics do not go on for ever, and by the time this epidemic is over it is likely that, by the standards of the catastrophic Spanish flu of 1918-19, it will prove to have been relatively minor. It is always possible, however, that the next epidemic of a novel virus will be worse, so that the dialectic of complacency and panic will continue.

The epidemic might well have effects far beyond any that its death rate could account for. The world has suddenly woken up to the dangers of allowing China to be the workshop of the world and of relying on it as the ultimate source for supply chains for almost everything, from cars to medicines, from computers to telephones. No doubt normal service will soon resume once the epidemic is over, even if at a lower level, but at the very least supply chains should be diversified politically and perhaps geographically; dependence on a single country is to industry what dependence on monoculture is to agriculture. And just as the heart has its reasons that reason knows not of, so countries may have strategic reasons that economic reasons know not of.

Which  is to say the prudent country grows its own food and makes its own weapons and medicines, regardless of the economic case for international division of labor.

Posted under China, Economics, Health, United States by Jillian Becker on Tuesday, March 10, 2020

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