Tags: Coronavirus | gdp | lockdown | recession | sweden

Bureaucratic Panic Ensured COVID's Win

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By with Michael R. Shannon Tuesday, 25 August 2020 07:14 AM Current | Bio | Archive

The is a large cost to modern society’s inability to make distinctions between competing groups. The bill for the "Wufluenza" debacle is now coming due.

Early in the Great Pandemic Panic the Shannon side of this collaboration wrote, "The politician’s response to the coronavirus is the medical equivalent of the 10 percent across-the-board budget cut where politicians faced with a budget shortfall take the coward’s way out and cut every budget.

"Thereby treating the useful just as harshly as the useless. The China virus shutdowns operate on the same principle and are equally short–sighted."

When panic is the motivator behind government policy, only the most extreme voices are heard. That’s why anyone who wasn’t advocating a complete "Kung flu" lockdown was characterized as a "denier."

There was only one western nation that didn’t join the panicked rush over the edge of the cliff and that was Sweden. Predictably the Great Pandemic Panic posse attacked Sweden’s approach as dangerous and reckless.

Now the results are in and as Allister Heath writes in the Telegraph, "Sweden got it largely right, and the British establishment catastrophically wrong. Anders Tegnell, Stockholm’s epidemiologist-king, has pulled off a remarkable triple whammy: far fewer deaths per capita than Britain, a maintenance of basic freedoms and opportunities, including schooling, and, most strikingly, a recession less than half as severe as our own."

If you’re wondering how this is relevant to the U.S., wonder no more. The U.S. took the UK approach and went into full lockdown mode with the same catastrophic results.

Here is the science that compares the two approaches to the "WuFlu."

Allister Heath in the Telegraph, "Sweden’s GDP fell by just 8.6% in the first half of the year, all in the second quarter, and its excess deaths jumped 24%. By contrast, Britain’s economy slumped by 22.2 per cent in the first half of the year, a performance almost three times as bad as Sweden’s, and its excess deaths shot up by 45%. Spain’s national income slumped even more (22.7%), and France’s (down 18.9%) and Italy’s (down 17.1%) slightly less, but all three also suffered far greater per capita excess deaths than Sweden."

Both the UK and the United States took the word of government bureaucrats and imposed a top-down, lockdown regime. It’s true that during a pandemic a nation’s GDP will take a hit, but the damage doesn’t have to be magnified by bureaucratic panic. Essentially, there were three options: Do nothing, impose proportionate restrictions or shut the country down.

Heath explains Sweden’s choice, "The Swedes pursued a version of [the second] strategy: there was a fair bit of compulsion, but also a focus on retaining normal life and keeping schools open. The virus was taken very seriously, but there was no formal lockdown. Anders Tegnell, Stockholm’s epidemiologist–king is one of the few genuine heroes of this crisis: he identified the correct trade-offs."

The final result is a searing indictment on our modern reliance on "experts."

The Telegraph's Heath adds, "[Sweden] has pulled off a remarkable triple whammy: far fewer deaths per capita than Britain, a maintenance of basic freedoms and opportunities, including schooling, and, most strikingly, a recession less than half as severe as our own. Our arrogant quangocrats and state "experts" should hang their heads in shame: their reaction to coronavirus was one of the greatest public policy blunders in modern history."

Michael Reagan, the eldest son of President Reagan, is a Newsmax TV analyst. A syndicated columnist and author, he chairs The Reagan Legacy Foundation. Michael is an in-demand speaker with Premiere speaker’s bureau. Read Michael Reagan's Reports — More Here.

Michael R. Shannon is a commentator, researcher for the League of American Voters, and an award-winning political and advertising consultant with nationwide and international experience. He is author of "Conservative Christian’s Guidebook for Living in Secular Times (Now with added humor!)". Read Michael Shannon's Reports — More Here.

© Mike Reagan


   
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Both the UK and the United States took the word of government bureaucrats and imposed a top-down, lockdown regime. It’s true that during a pandemic a nation’s GDP will take a hit, but the damage doesn’t have to be magnified by bureaucratic panic.
gdp, lockdown, recession, sweden
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2020-14-25
Tuesday, 25 August 2020 07:14 AM
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