COVID-19 depression antidote (II)

31 Mar, 2020 at 19:16 | Posted in Varia | 1 Comment

 

1 Comment

  1. “To every thing there is a season,
    … a time to keep silence, and a time to speak;
    A time to love, and a time to hate; a time of war, and a time of peace.”
    Bible (KJV): Ecclesiastes chapter 3:1-8

    This is a time for total war.
    It is not the time for economists to keep silence or be listening to music in self-isolation or quarantine.
    It is a time for mutiny and revolution against well-intentioned but misguided policies for the containment, mitigation and suppression of COVID-19.
    It is the time for economists to protest vehemently against the devastating harm being inflicted upon society by prevailing political and medical groupthink.
    .
    “The way of sinners is made plain with stones, but at the end thereof is the pit of hell.” Book of Ecclesiasticus (Wisdom of Sirach) 21:10
    “The road to hell is paved with good intentions” – Well known proverb.

    So what should be done?
    Fortunately there is an alternative to lockdowns. Urgent and strong government action is needed, but not the drastic government interventions and restructuring the economy being advocated by neo-Marxists.

    (1) Protection of the elderly and vulnerable (maybe 10% of the population). These account for the bulk of COVID-19 deaths. Extra public spending will be required for this.

    (2) The remaining 90% of us should be allowed to go about our normal social and economic lives. The majority will get the virus, but most will survive without severe symptoms. When about 60% have had the virus and survived (probably within 1 year) the disease will become far less prevalent, i.e. “herd immunity” will develop.
    Sadly perhaps 0.2% will die. But this is likely to be the case eventually even with containment/suppression policies.
    Moreover, the serious adverse effects of lockdowns, business failures and unemployment etc. on physical and mental health and social life would be avoided.


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