https://issuesinsights.com/2020/10/13/covid-19-lockdowns-have-been-a-disaster-end-them-now/
Lockdowns to slow or even halt the coronavirus pandemic have been the focus of an intense debate since early this year. But in recent weeks and months, both the scientific and economic discussions have come down hard on one side: The lockdowns have been an immense failure, costing the economy trillions of dollars and, more importantly, thousands of lives. Time to put an end to this craziness.
For those who don’t recall, the initial lockdowns were sold to the public as an emergency move to “flatten the curve” for 15 days during March to keep hospitals from being overwhelmed with COVID-19 patients. Americans, wanting to do their part, grudgingly agreed to the two-week suspension of normal economic and social activities.
Unfortunately, governors used the opportunity to keep their economies closed indefinitely, in some cases clearly for political reasons. In California, where the shutdown has been devastating, recent re-opening guidelines included “equity measures” ranging from gauging neighborhoods’ “tree canopy” to alcohol availability and voting statistics.
To be absolutely clear, these benchmarks have nothing whatsoever to do with COVID-19. They are merely an effort by far-left California Gov. Gavin Newsom to pander to his increasingly extreme base of voters.
Such arbitrary actions have severe economic consequences. A recent research paper from the American Institute for Economic Research found substantial damage to the U.S. economy’s various sectors at the state, local and national levels. including measures of GDP, imports, exports, business formations, unemployment, industrial output and capacity use,