Politically-dictated lockdowns and prohibitions have recently destroyed tens of millions of American jobs. Politicians have effectively claimed a right to inflict unlimited economic damage in pursuit of zero COVID-19 contagion. The perverse incentives driving the policy have multiplied the harm far beyond the original peril.
Almost 40% of households earning less than $40,000 per year have someone who lost their job in recent months, according to the Federal Reserve. The Disaster Distress Helpline, a federal crisis hotline, received almost 900% more phone calls in March compared to a year ago. A recent JAMA Psychiatry analysis warned that stay-at-home orders and rising unemployment are a “perfect storm” for higher suicide rates. A California health organization recently estimated that up to 75,000 Americans could die from “despair” as a result of the pandemic, unemployment, and government restrictions.
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