Writing for AIER, David Henderson makes an informed, eloquent, and powerful case for governments to end the economic lockdown now. Read the whole thing, but here are a few slices:
Congress and the President quickly produced one of the most expensive spending bills in history, a bill that, tragically, will pay tens of millions of workers more to be unemployed than to work. The politicians claim that their spending is “stimulus,” but it’s not and it can’t be. A government cannot stimulate production that it has forbidden.
The only way to stimulate the economy is to liberate it. The people, all of us, need emancipation from the lockdown. And we need it now.
Many people fear the consequences of letting tens of millions of people go back to work. I’m afraid. But we can’t continue as we are. Some say that we need to discuss when to free up the economy. No. We needed to discuss it long ago. The time for discussion has passed. We are surrounded by wreckage. It should not last one more day.
Your neighbors’ lives depend on it!!