MSNBC's Lawrence O'Donnell is joined by Yale Professor Jeffrey Sonnenfeld to discuss the latest evidence of the successes of Biden's economic policies. Sonnenfeld says Biden is having the strongest positive effect on the economy of any president since FDR.
Hornswoggle. Balderdash. Bull fucking shit. Countries that took it seriously suffered fewer economic disadvantages, spent less than we did per capita, and recovered more quickly.
The countriea that fared the best
Had clear and unified messaging from their government, backed by science.
Shut down quickly and completely, paying people to stay home.
Provided universal healthcare and prioritized their frontline healthcare workers.
Destroying the economy was a result of our slow, confused response, ignoring the recommendations of experts, making the response political, and bailing out industries instead of individuals.
How does a lockdown HELP the economy exactly?
Work still has to be accomplished. Otherwise it’s money chasing NO product. Which is what we’re still recovering from.
Sometimes doing the right thing (lockdown) has COSTS. Serious economic costs. A “have our cake and eat it” mindset is, sadly, a fallacy.
How does open heart surgery help your chest? You have to make a huge incision and poke around, causing all sorts of lasting damage.
Of course the lockdown would have had costs. Global pandemics tend to affect the economy one way or the other. A total lockdown would have shortened the pandemic, getting people fully back to work sooner, killed fewer people, and ultimately cost less than the half-assed bullshit we couldn’t even get the President to do. Several countries managed to avoid the l9ng term economic downturn by doing exactly what I just said in the last comment.