The closures made the pandemic worse than it was. Word of the Wall Street Journal
The Wall Street Journal, which is not exactly a newspaper of conspiratorial madmen, is beginning to have strong doubts about the closure policies that, on both sides of the ocean, have been seen as the only means to combat covid-19 have been probably capable of making “the suffering of the pandemic worse than it was necessary”.
This article finally comes to present a phenomenon that many, probably, begin to suspect even on this side of the ocean: the closedown, the closures, were not imposed for their effectiveness, but for an ideological question. China has made closedown one of the propaganda tools of its intervention and most countries have fallen into the trap. Leaving Wall Street and moving to Italy, Emilia Romagna, after two weeks of red zone in most of its territory, saw an increase in the Rt index, which reached 1.34. So either the calculation of Rt is wrong or the lockdown is useless.
The effect has been devastating to the economy, with Spain having, for example, 5 million people not putting lunch and dinner together and Biden forced to step in with a huge spending plan to get the economy back on track. We have kids who have lost practically a year of school, and there has been enormous damage to civil rights in peacetime, something never seen before.
Doctors had given an alternative to lockdowns, the Great Barrington Declaration , in which they advised to protect the elderly, but leave others free of highs of an almost normal life, all considering the mortality of the virus, but this declaration was ignored. . In the end, the best money spent was the 20 billion to accelerate the development of vaccines. Everything else, according to the WSJ, we will pay for for many years in the future.
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The article The closures made the pandemic worse than it was. Word of the Wall Street Journal comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/le-chiusure-hanno-reso-la-pandemia-peggio-di-quanto-fosse-parola-di-wall-street-journal/ on Mon, 15 Mar 2021 07:00:51 +0000.