Global Financial Crisis

You’ll never guess WHO supports the letter urging a green recovery

Criony

Thomas Sowell once said, Those who cry out that the government should ‘do something’ never even ask for data on what has actually happened when the government did something, compared to what actually happened when the government did nothing.

According to an open letter signed by 200 bodies representing 40,000,000 health workers The Guardian penned,

Chief medical officers and chief scientific advisers must be directly involved in designing the stimulus packages now underway, the letter urges, in order to ensure they include considerations of public health and environmental concerns. They say public health systems should be strengthened, and they warn of how environmental degradation could help to unleash future diseases.

Who knew?

What better way to cash in on a pandemic by claiming outrageously false representation of members in an attempt to secure funding grants. The irony of this pandemic is that it has exposed the very authorities – who we dare not question – as amateurs in the very fields they claim expertise.

Perhaps we should ask ourselves why the revenue growth of the RACGP far outstrips that of the AMA? Should the AMA question why its membership has fallen from 95% of doctors to around 26% as it has taken on the role of a climate and social justice activist rather than the RACGP’s approach to be an advocate for better health?

How many of the 40 million health professionals described above believe the orthodoxy? It is bogus to say all followers willingly endorse what these membership bodies make blanket claims about.

Perhaps we should indulge the medical and scientific communities’ request by benchmarking their supposedly superior predictive powers against their howlingly inaccurate models produced during the coronavirus which have undoubtedly done more harm to the economy than good. Take Australia. We were told 15 million may be infected and 150,000 could die. The result to date. Less than 7,200 and 100 deaths. So much for listening to the professionals.

If we are to listen to intellectually superior academia in these fields, should we just accept the Australian National University’s latest plan to have climate change listed on death certificates?

Taken to its logical conclusion, this is an ideology speaking, not science.

We have already had decades of research to support just how flawed climate science models have proven. None of the catastrophic claims of being engulfed by rising sea levels or having to tell our kids they’d never see the snow has happened. Even hardened environmental activist Michael Moore concedes the ridiculous extent to crony socialism behind the green movement.

In February we documented the story of the National Climate Emergency Summit held in Melbourne. The mainstream media led us to believe that the best of the best scientific minds congregated. We pointed out that the list of speakers was largely devoid of scientific experts. 40% were activists, 16% were from the media, 12% were politicians, 11% were academics, 4% high school students and 3% doctors. Biased much?

Yet we have seen this type of shallow content activism before, especially with respect to open letters.

We reported that 268 Australian academics cosigned an open letter supporting the climate activist group, Extinction Rebellion.

While the content was predictable, the statistics were anything but convincing. We noted,

Perhaps the most hilarious signatory to the letter was Matthew Flinders of Flinders University. Unless the university website has another Matthew Flinders listed as an active member, our esteemed explorer seems to have navigated his way back to life…simply adding to the total lack of credibility of the cabal of 268 academics who believe they have some sort of intellectual superiority over us. If one ever wanted proof of our judiciary leaning hard left, 12% of the people that signed this document were in law-related fields.

“…Many of the woke academia come from fields such as stand up comedy, poetry, arts/education, sports management, archaeology, LatAm studies, sex, health and society, social services, veterinary biology, culture, gender, racism…are you catching the drift of those supporting XR? Even Monash University’s Campus Operations Manager and Telephony Application Administrator signed it! Wonderful individuals but should we hold our educators to such high standards when anyone’s opinion will do?”

“…Eerily, over 90% of the signatories do not appear to be renowned experts in teaching science, much less climate science. Which means, why weren’t the scientists in these universities willing to commit their names to a cause that fits their ideology? Who needs them when one faculty member from Monash University deals with ‘Imaginative Education‘?…”

What has been happening in practice? Mexico has already announced that renewables subsidies are out. It has recognized that intermittent energy has no place in rebuilding the economy in a post-pandemic world. Alberta’s energy minister Sonya Savage said with respect to the Trans Mountain expansion project, “Now is a great time to be building a pipeline because you can’t have protests of more than 15 people…” Actions, not words. 

Which brings us back to the point of blindly submitting to expert opinion which is little more than brazen activism.

The World Medical Association (WMA), the International Council of Nurses (ICN), the Commonwealth Nurses and Midwives Federation, the World Organization of Family Doctors and the World Federation of Public Health Associations, as well as thousands of individual health professionals, have signed this letter. 40 million others have not.

The proof is in the pudding. If the WMA  believes what it signed so strongly, why isn’t it included in its press releases as we publish? Admittedly it has upped the statement on its Twitter page to the 12,900 followers, a microbe in comparison to its supposed flock of 10 million physicians it represents. The ICN – which claims to represent 20 million nurses made it all too clear as to why we should dismiss it entirely – the WHO supports and promotes the letter. One wonders whether experts from the Chinese Ministry of Propaganda helped in its drafting. Afterall, China would be the biggest beneficiary were governments to fall into line.

Bes sure to read the quotes from the experts here.

UN adds value to the coronavirus crisis

No photo description available.

You know we must be close to conquering coronavirus for the UN to returning to this type of non-gendered language nonsense. Nothing like a bit of identity politics to help those who face stark economic hardships feel better knowing that while they have lost their jobs and homes they can rest assured that verbal dignity will be upheld. Perhaps those who are outraged at Trump’s ultimatum to defund WHO might look to this type of garbage and question why so much money goes to the UN as well?

Am I a Despot or Not??

We have compiled a spreadsheet titled US State Governor Coronavirus Responsesto see who would appear to have the most despotic tendencies. We have broken down the categories by party affiliation, COVID19 infections, deaths and some choice quotes to express how some treat their minions. However there is one true standout governor that must be channeling former Albanian dictator Enver Hoxha for despotic tendencies.

Before we get accused of being partisan hacks, we note that in some states, governors have seemingly crossed their political ideologies in the opposite direction.

On balance, Republicans governors have been far more eager to open up their economies and remove restrictions. Arkansas, Iowa, Nebraska, North Dakota and South Dakota all resisted issuing stay-at-home orders, while Wyoming, Utah, Oklahoma and South Carolina have only issued such orders in specific parts of their states. All nine are Republican states. Most of these states encouraged “personal responsibility.

Infection rates in the aforementioned 9 rogue states stand at only 0.2886% and death rates are at 0.0096%. The relatively spread out nature of these states no doubt helped. Instead of the predictions that death rates would spiral out of control, 99.99% of the population in these states continue to function.

On the other hand, Democrat governors have had far harsher restrictions with respect to stay at home laws. Some may argue that the population densities of New York skew the figures.

Analysing the data, 178.7 million Americans live in the 24 (+1) Democrat-run states (districts). 149.5 million in 26 Republican-controlled states. COVID-19 infections in Democrat states is at 1.07 million with deaths at 70,652. Republican-controlled states have 456,000 infections and only 21,700 deaths. That means that Democrat states have a 0.5995% infection rate and 0.0395% death rate vs Republicans at 0.3049% and 0.0145% respectively, or effectively half. Stripping out NY for the Democrats would kick those figures to 0.4452% and 0.0262%. This would mean that infection rates were still 46% and death rates 80% higher relatively speaking.

The mainstream media wasted no time pointing out the negligence of GOP states and the shocking reckoning that would follow.

Partisan paper, The Kansas City Star, lambasted Missouri Gov. Mike Parsons (R) on April 1. They contrasted his failures to the successes of NY Gov Cuomo (D), Kansas Gov Kelly (D) & Illinois Gov Pritzker (D) by saying, “Only three other governors in the country have been as laissez-faire as Parson has in dealing with a crisis the likes of which no one alive today has ever seen — and one that will define the legacy of most every elected official now serving.” 6 weeks after this prophecy, 99.99% of Missourians haven’t succumbed to COVID-19 vs 99.994% in Kansas, 99.96% in Illinois and NY at 99.85%. Hardly a train wreck for Parsons!

Perhaps what is scarier is the “staged approach” methodology to removing restrictions which do not seem to be based on robust scientific evidence but copying thy neighbour’s homework. Take a look at some of the gradual loosening of Australia’s restrictions and it smacks of the same “one size fits all” approach in many states in the US. e.g. 10 people only in restaurants. Social distancing etc. Hardly inspiring to have such a lack of independent thinking. Especially when the coronavirus statistics to date are anything remotely as reported in the hysteric media.

Enough from us. Let’s get down to the approaches of these American states.

The most in your face comment during the coronavirus came from Indiana Republican Rep. Trey Hollingsworth.

It is policymakers’ decision to put on our big boy and big girl pants and say it is the lesser of these two evils…It is not zero evil, but it is the lesser of these two evils, and we intend to move forward that direction…We are going to have to look Americans in the eye and say, ‘We are making the best decisions for the most Americans possible,’ and the answer to that is to get Americans back to work, to get Americans back to their businesses

We wonder why data means nothing to Hawaiian Gov David Ige (D)?

Hawaii has a 0.0012% COVID death rate, one of the lowest in the country but Democrat Gov. David Ige pushed the stay at home order to the end of June. Furthermore, in the first month, the Honolulu Police Department handed out 4,600 warnings and 353 citations for breaches of the executive order.

What on earth was Tampa Bay, Florida Mayor Castor (D) thinking?

Tampa Bay, Florida Mayor Jane Castor (Democrat) released 160 prisoners from Hillsborough County Jail over concerns of COVID-19. One prisoner ended up killing a civilian the day after being released.

New Jersey Gov. Murphy (D) & Kentucky Gov. Beshear (D) showed little or no care about the constitution. 

In an interview with Fox NewsTucker Carlson, Democrat Gov. Philip Murphy (D) uttered the words “the Bill of Rights is above my pay grade.” He then went on to confess that he had not considered the effect of his restrictive executive orders on the Bill of Rights.U.S.

District Judge William Bertelsman ruled in May that Kentucky Gov. Andy Beshear’s (D) restrictions on out-of-state travel were unconstitutional.

We were surprised to see Colorado Gov. Polis (D) adopt seemingly Republican style freedoms to his constituents.

Democrat Gov. Jared Polis spoke of Coloradans taking “personal responsibility“. Instead of imposing draconian police state penalties like most of his Democrat colleagues he left it to local authorities to sort out.

Mayor Hicks (D) of Grants, New Mexico decided to take a potshot at his Democratic Governor accusing her of adopting Nazi Germany style tactics. 

Hicks criticised Governor Michelle Lujan Grisham’s Public Health Orders saying, “What the governor is doing is wrong” He allowed small business and golf courses to open before state police intervened and shut him down. He likened the New Mexico State Police behaving like the Gestapo.

It wasn’t just Democrats either. Republican primary candidate Daniel McCarthy took a swipe at Arizona Gov. Doug Ducey (R) saying, “No empathy! Dictator Ducey tacked on another 15 days of shutdowns, leaving Arizonans wondering why our own governor is so comfortable letting lives and businesses be crushed under the weight of our new regime.

Rhode Island Gov. Gina Raimondo (D) took the technology initiative much like Australia’s COVIDSafe app.

An app, called “Crush COVID RI” will be used by state health experts to conduct contact tracing and better understand the spread of the virus across the state.

South Dakota Gov. Kristi Noem (R) is the standout in terms of constituents openly pouring out love to her. 

Gov. Noem was presented with a surprise parade by her constituents thanking her for her considered actions in response to putting the responsibility back on them.

Texas Gov. Greg Abbott (R) slammed the judiciary for its pettiness. 

After a Texas hairdresser was jailed for not apologizing to the judge because she reopened her salon during lockdown, Gov Abbott said, “Throwing Texans in jail who have had their businesses shut down through no fault of their own is nonsensical, and I will not allow it to happen.” She was released.

Gov Cooper (D) of North Carolina copped a slap on the wrist from the judiciary

A federal judge blocked enforcement of a portion of Cooper’s order preventing churches from holding indoor services attended by more than 10 people.

Virginia’s Liberty University used the Bible to criticise Gov Ralph Northam’s (D) criticisms.

We invite Governor Northam (D) to come and see our compliance for himself, rather than making false accusations in press conferences from Richmond. As the Ninth Commandment says, “Thou shalt not bear false witness against thy neighbor.””

Democrat-controlled Wisconsin Chief Justice Patience Roggensack probably could have chosen her words more carefully. 

Roggensack was blasted for her remarks saying the uptick in coronavirus cases in Brown County was due to meatpacking employees testing positive and not “regular folks.” Take that you lowly educated Trump-voting deplorables.

There were many governors channelling Enver Hoxha for despotic tendencies. The reality is that more mayors were enjoying their newfound powers. 

We had LA Mayor Eric Garcetti (D) proudly champion he would have the water and electricity cut off for any businesses that didn’t comply with the lockdown. He also proudly banned sunbathing on dry sand, citing Australia as his benchmark.

We had Chicago Mayor Lori Lightfoot (D) justify having a haircut (considered non-essential to everyone else) because of her regular TV appearances despite berating Chicagoans like children with the threat of the heavy hand of the CPD to anyone who violated stay-at-home orders.

NY Mayor Bill De Blasio had his failed, “dob in your neighbour hotline“, his use of the gym (considered non-essential to everyone else) and the threat to fence off the beach at Coney Island were the peons to misbehave.

Washington DC Mayor Muriel Bowser (D) threatened to get compliance from her minions by “exercising the full force of our MPD, FEMS, DC Health and ABRA and the emergency authority to achieve it.

NY Governor Andrew Cuomo extended the stay at home directive called PAUSE—which stands for “Policies Assure Uniform Safety for Everyone” til June 13th. As most know, NY has had the highest incidences of infections and deaths throughout the country. The high density of NYC compounded the problem.

He ordered that infected patients be sent back to the nursing homes they came from which caused a huge spike in deaths. There are now reports that the data was fiddled to cover up the scandal. He has since stopped sending people back to nursing homes. He said, “Older people, vulnerable people, are going to die from this virus…That is going to happen. Despite whatever you do.

Michigan Gov. Gretchen Whitmer (D) pandered to racism and many other issues from the identity politics playbook to disguise the fact she is being sued by other state legislators for extending the executive orders without their approval. Protestors that descended on Lansing complained they were sick of being treated like small children. 99.5% of Michigan residents haven’t been infected with coronavirus. 99.95% haven’t died.

Alas, Gov. Katie Brown (D) of Oregon has shown herself to be the most despotic leader. Despite 99.92% of Oregonians not being infected and 99.997% not having succumbed to the virus she had no compunction ramming her rule of law. Oregon has less than 4% of the infection rate and 2% of the death rate of NY State yet Brown has kept an “indefinite” stay at home order in place.

An Oregon judge declared that the coronavirus restrictions enacted by Gov. Brown were “null and void” because her emergency orders were not approved by the state legislature after 28 days. The judge agreed with the lawsuit launched by 10 churches against the State of Oregon which argued that the emergency powers only lasted for a month and that to lengthen them required legislative approval which she did not seek!

Not to be outdone, Gov. Brown went to the State Supreme Court where she has a pending review. The Governor praised the Supreme Court action by saying, “There are no shortcuts for us to return to life as it was before this pandemic. Moving too quickly could return Oregon to the early days of this crisis when we braced ourselves for hospitals to be overfilled.

A bit of an odd statement when the number of people hospitalised in Oregon with COVID19 has fallen 63% in the last month to May 12th to 57 people.

Worst of all was her treatment of hair salon owner Lindsey Graham who was fined $14,000 for opening her store because it was a non-essential business. She was further threatened with the prospect of having her lease terminated as she operated out of a building owned by the State of Oregon. The final straw was the dispatch of child protection services to Graham’s home to interrogate her 6-yo stepson and check if bathroom sanitation (aka the cleanliness under the toilet seat) was up to standard.

No one questions the tragic loss of life from this pandemic. We just question the heavy-handed tactics of governors and mayors who have a twisted version of data which is completely at odds with reality. This is all about politics.

A tale: Today vs 600BC

dollar bomb

As a lover of ancient history, this story in ZeroHedge is an interesting parallel on the dangers of debt forgiveness today using the tale of releasing the commoners from debt slavery by Solon in 600BC. In short, everyone ends up paying the price.

We think the sensible solution is to let individual landlords negotiate their own deals. Let them live and die with the consequences of their actions. Undoubtedly every landlord has a unique position where a one-size-fits-all strategy won’t work.

Experts inside YouTube ride roughshod over medical opinion

Erickson

The video of Bakersfield-based microbiology experts, Drs Dan Erickson and Artin Massihi, discussing a contrarian view on COVID19 that YouTube took down is still available on this link.

In what world are we living where a video channel prioritises a groupthink generated political opinion that overrides medical experts who have based their findings on available hard data, not wildly inaccurate models? The video was taken down for a ‘violation of community standards.’ You can read the YouTube statement here.

We would understand this if the doctors had no medical training and were pushing wild conspiracy theories. They simply weren’t. All that happened was a sensible presentation of data coupled with opinions based on their background as microbiologists. They think the fears have been overblown.

If you listen to the dialogue, the hard data confirms what we had been saying about the statistics of the pandemic. The doctors compared the data of an open Sweden vs a closed Norway and concluded the data discrepancies of COVID19 were statistically insignificant.

Many of our readers know we are contrarians by nature. We are more curious about what we might be missing rather than just accepting what is commonly reported. When opinions support the data, it isn’t an exercise in confirmation bias. We are genuinely interested as to whether the arguments sound convincing enough to validate them. We are even more concerned when the other side of the debate seek to shut it down rather than expose the flaws in Erickson and Massihi’s thinking.

Is the dissenting view more widespread than the media given credit for? After all the data is a moving feast. We are learning about COVID19 on a daily basis so sticking to the thinking of 2 months ago may not be relevant if the course shifts. Why are governments setting fixed future dates? Why not open up when the data supports it? Hardly any science in politically driven decision making.

An ER doctor in Wisconsin confirmed Drs Erickson and Massihi’s view that it isn’t about science. He wondered why someone in a hazmat suit was taking his temperature when there were next to no patients inside, something that is borne out by the data with so many beds available. Should we fear politics more than the pandemic?

Are governments following a herd mentality which uses poorly interpreted data as opposed to considering herd immunity based on medical science? The economic fallout will likely be way worse than any impacts of the virus itself. As we wrote earlier this week, governments carry zero responsibility for their actions because they can hide behind telling us it was for our own good. We bear the lot in terms of consequences. A terrible equation.

We believe that groupthink is the more dangerous pathogen in society. Whether financial crises or topics such as climate change, dissenting voices have repeatedly been terminated, especially by media outlets. Surely if the data sits with the prevailing sentiment, why not pick the bones out of Erickson and Massihi’s statement and debunk it with more prescient facts? In what world does it help to suppress information? Defeat data with data. This is why we remain contrarians.

The medical discussion surrounding the live clinical data of Erickson and Massihi makes plausible sense. We have all grown up learning that a baby gnawing a dog lead helps its body work out how to fight future infections. The doctors argue that keeping people locked down decreases one’s immunity to fight against COVID19.

The Bakersfield doctors believe that preventing the body from being able to combat coronavirus by not being exposed to it could have the opposite of the intended effect when people start to mingle again. Many people may not even know they have it. So when those people who caught it in a supermarket could restart the process. Does the government return to lockdown again and restart the negative loop?

These doctors claimed to have done the majority of testing for Kern County, California. The data backs up what is being experienced around the world positive test rates for infection are far higher than what is being reported but the death rates are way lower. Having said that, these two owners of seven clinics noted (some might argue somewhat selfishly) that the amount of people getting tested is way lower than their installed capacity. Irrational fear has been keeping people away. Then we are surprised when the natives get restless?

The two doctors recommend putting kids back into school. Slowly reopen other businesses and eventually sporting venues. The doctors questioned how it is OK to go to Costco but not a small cafe. It is reverse logic. There is a far higher exposure in a large business than a local cafe.

The adverse economic impacts don’t match the behaviour of the coronavirus in their opinion. Until a vaccine is found, the human body has the best chance of defeating it. Erickson and Massihi argued that 94% of the people recorded as dying from coronavirus had comorbidities – heart failure, immunodeficiencies, HIV etc. The death toll related to COVID19 alone is a speck.

The doctors added that there has been a sharp rise in domestic violence, child abuse, suicide, depression or mental health issues during the stay home orders. The campaign of fear exacerbated by the media is viewed as a far bigger problem than the coronavirus itself. Massihi suggested that people are becoming afraid to see the doctor for completely non-virus related reasons for fear of catching COVID19 by going to seek medical help. He argued that someone with symptoms of appendicitis avoiding the doctor for fear of contracting coronavirus may die of sepsis.

We don’t pretend to be doctors for a second. We offer no medical opinions here. We merely question why a social media channel decides it knows better than medical experts?

We understand a private business has the freedom to act in ways it sees as best for shareholders, but this seems far more sinister –  using its power to shut down free speech. Perhaps the doctors should sue YouTube for violating their first amendment rights. If there was ever a need for control over media censorship, this makes a great test case.

Sheepishly downloading the COVIDSafe app is a warning for all of us

NSA raises significant concern to Government abattoir proposal ...

We have no problem with people individually choosing to sign up to the COVIDSafe application launched yesterday. After all, it is voluntary and we believe in personal freedom. However, we are perplexed why so many people feel compelled to post their newfound compliance on social media feeds. It is this blind obedience that worries us.

It is hard to see such self-promotion on social media as anything more than the same virtue-signalling mindset of those who drape their social media avatars with the flag of the country where innocent people were slain by terrorists. Comments such as “I’m doing my bit” reign supreme. Why do people so sheepishly comply to sign up to this when the data is seriously unconvincing to warrant its introduction? Should we report our friends who haven’t publicly declared their status? Admitting one has signed up to COVIDSafe is borderline accepting to become a slave.

The most important point people need to consider is that there is absolutely zero downside for the government during and after this crisis. Remember that number – ZERO. If the economy goes into a prolonged recession or depression, our politicians can simply play the “we did it to save lives” card and tell us it was all for our own good. They can claim they couldn’t have done anything else. Unfortunately, we bear all the risk no matter what the outcome. That is a bad equation in any language. Why would anyone willingly sign up to it?

Indeed, saving lives should be congratulated, not censured. Still, at what point will we realise that the draconian measures put in place are leaving a disproportionate drag on the economy? As we wrote yesterday, if we take the JobKeeper support package alone, it presently costs $1.5 billion per death. Or $19.5 million per infection. The $130bn JobKeeper program is almost as much as the annual federal expenditure on education, healthcare and defence spend combined, three of the four largest budget items. Is this sustainable? If we stay in lockdown beyond the date of the package, this universal income will undoubtedly be extended.

There is a snowball’s chance in hell that we will have a V-shaped recovery. Our central bank might send us comforting lies to maintain the illusion that they are competent but it simply won’t happen.

Our authorities have suggested that the domestic economy comprises 75% of GDP which will provide a great cushion but on what planet do they believe that a crushed export sector which employs so many can be airbrushed to give us a V? Double-digit unemployment, at levels double or treble the present figures will all but guarantee a slower recovery. With household debt exceeding 180% of GDP, any future spending will be directed at rebuilding the balance sheet, not consumption. We’ll be lucky to get an L!!

There will be no normality after COVID19 abates. So much of our domestic future will be driven by the rest of the world’s approach to their own economies. Our neighbours will undoubtedly pursue more nationalist policies which prioritise domestic production. They will also need to contend with the likely aggressive reset of their own relative risk weighting, currency and fiscal positions. For anyone to believe that the magic pixie dust sprinkled by Canberra will avoid any calamity is dangerously naive.

Australia faces a $1 trillion deficit. Await the raft of new taxes on housing, inheritance and income to pay for it. We will absolutely hate what is coming. The sad thing is that we could have taken the pain over a decade ago yet we put short term expediency ahead of rational principle and now await the consequences. We are reaping what we sowed.

Much of the reasoning given by Aussies to sign up has been this belief that it will accelerate the government’s ability to reopen the economy sooner. If the government requires this sort of overlaying safeguard on top of the 99.98% of Australians that don’t knowingly carry the coronavirus or the 99.9997% who haven’t died from it, we should worry about our lawmakers’ ability to manage risk. Seriously.

Why are governments using future hard dates to consider reopening the economy? If today is the best day to do so, why wait till May 30th? Our own experience is that people are broadly respecting the social distancing guidelines. Sure, some might hang out in a park to break the monotony of staying indoors, but we are falling for the taglines from the government to #StayHome a bit too literally. The government should be rebuilding confidence. It isn’t. This app is unlikely to do much given the law of already minuscule numbers. It is all a feel-good measure.

With more than one million COVIDSafe app downloads in the first hour, many have proven that we are willing to conform to guidelines at a moments notice without considering the underlying facts. We saw this during the bushfire season. People blindly donated millions to the rural fire services when we proved their administrative skills were so severely lacking that these monies would unlikely be spent wisely.

In closing, many citizens have sent a wonderful signal to the government that they can easily strip more freedoms away by using panic as a tool to achieve it. The longer the economy is left to rot, the easier it will be to drown obedient plebs in even more regulations and restrictions because we failed to stand up and question the methodology. We will continue to do so. After all, former US President Ronald Reagan once said,

“The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.”

Unemployment map by US state

Pew Research has put together an interactive map showing the level of unemployment in the US by state. It is eye opening especially as we pointed out that 99.8% or people aren’t infected and 99.99% of people haven’t died from coronavirus in the US.

Michigan currently has a quarter of the workforce unemployed. We can understand why Governor Gretchen Whitmer has 1.2 million angry natives.

Pennsylvania also has 25% unemployment to deal with. Relative infection rates in the state are marginally higher than the national average but death rates are 30% lower.

Nevada has 23% unemployment. Should we be surprised when the Mayor of Las Vegas wants to open the economy up? Nevada has a COVID 19 death rate of 1/3rd the national average.

California has 18% unemployment or an estimated 3.6 million. Once again, quelle surprise that Governor Newsom is copping flak.

New York, the epicenter of infections/deaths has 16% unemployment or 1.5 million.

On the other end of the spectrum, South Dakota is faring best at 8% unemployment. It has infection rates around 25% lower than the national average but death rates 1/10th the national average.

Flipping the data the other way, Montana has a death rate 18x less than the national average but suffers from 17% jobless.

Calculated risk taking is a must to avoid further economic damage. America’s culture is founded on risk taking not bailouts. The natives are restless and demanding their governors wake up. The risk/reward balance has tipped.