Saturday, April 25, 2020

1889 Institute on OK's COVID-19 Shutdown: "Not Worth the Cost"




The COVID-19 Shutdown: Not Worth the Cost
By Byron Schlomach

The costs of the economic shutdown due to COVID-19 across the nation are mounting. Record unemployment caused by a government-induced 25 percent reduction in the nation’s monthly GDP is symptomatic of bankrupted individuals and businesses. Drug use and suicides have surged. A little- noticed U.N. report has pointed out the obvious – that even a mild worldwide recession will cause hundreds of thousands of children’s deaths. So, news of state re-openings are welcome.

Governor Stitt has declared many businesses can open on Friday, April 24. By May 1, all enterprises in the state will be able to operate more or less normally. Eventually, Oklahoma will be fully operating again. But the question remains, “Was the shutdown and extreme social distancing even necessary?”

The answer is a clear and unequivocal “No.”
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from MuskogeePolitico.com