Nov 052020
 

Britain is showing the way. Wheeeeeeeeeeeee.

The EU has over 200,000 new cases per day, over 2,000 deaths per day. So I get the urge to “do something.” But it’s at best unclear whether destroying the economy is the right way to go. Doing so leads not only directly to pain, but also to death: people kill themselves. People lose hope and just die. People go kinda buggo and engage in silly and dangerous behavior, including mass gatherings. People go buggo and riot/protest, which cause yet more economic disaster and yet more pain and yet more death.

Regardless of what’s good public policy, expect the US to enter new phases of lockdowns in the near future… *especially* starting in late January and beyond. Do you have enough soup, hand sanitizer and toilet paper hoarded?

 Posted by at 8:59 pm