“Because politicians have no liability for the economic damage they inflict, they have no incentive to minimize the disruptions they decree.”
Politicians have destroyed more than 13 million jobs this year in a deluge of edicts aimed to fight the covid-19 pandemic. More than two hundred thousand Americans still died from the coronavirus, but the anticovid government crackdowns probably did far more damage than the virus. The covid crisis has also shown how easy it is for politicians to fan fears to seize nearly absolute power.
Almost 40 percent of households earning less than $40,000 per year have someone who lost his job in recent months, according to the Federal Reserve…A California health organization recently estimated that seventy-five thousand Americans could die from “despair” as a result of the pandemic, unemployment, and government restrictions.
Covid policymakers have written themselves the letter that Cardinal Richelieu gave to one of his agents in the novel The Three Musketeers: ‘The bearer of this letter has acted under my orders and for the good of the state.’ This carte blanche was sufficient to place murders and other crimes above the law and beyond reproach in France. In contemporary America, the same exoneration is achieved by invoking ‘science‘ and ‘data.’”