Posted on 09/03/2021 8:47:04 AM PDT by SeekAndFind
Having killed as many as 200 million people in Europe, Asia, and North Africa, the Black Death began to lift in the years 1348–49. Europe had lost between a third and half of its people. In many cases, entire villages stood empty, having lost their entire population.
The Black Death changed life forever in Western Europe. With so few inhabitants, the value of labor exploded, and wages shot up. For those who survived, the following half-century was a period of affluence and technological development, with increasing productivity and advances in printing, weaponry, navigation, and manufacturing. The optimism of the late 14th century is reflected in Chaucer's Canterbury Tales, a work filled with relish for life and adventure.
The recent coronavirus pandemic does not compare with the Black Death in scale — not yet, at least — but a number of similarities do exist. Scarcity of labor, resulting from government blundering as well as deaths due to disease, has caused huge wage inflation. Hourly workers find themselves in a much better position, and it is unlikely they will accept lower wages when life returns to normal. At the same time, with demand returning and more money in circulation, May's prices rose at the fastest rate in thirteen years. The CPI continued to rise in June and July at 17.75% and 17.36% year-over-year for June and July, respectively. Those are enormous increases. The only response from the Biden administration is a mad plan to spend more money, causing even greater inflation.
With 600,000 dead in America alone, most of them elderly, estates have passed sooner than expected to younger persons, and the young have been spared the cost of caring for their elders.
(Excerpt) Read more at americanthinker.com ...
The annual cost savings of supporting just those seniors living in nursing homes who died due to COVID-19 in 2020 is approximately $12 billion, given that 8% of the 1.4 million living in long-term care facilities died of the disease, according to official numbers — which may be too low, as they certainly appear to be in New York. Though it may sound insensitive to say so, many young people have been spared time and expense caring for the old.
Plus, with 400,000 more beneficiary deaths in 2020 than in 2019, and many thousands more in 2021 as well, Social Security will be paying out in excess of $6.4 billion less in future years than it would otherwise have done, as will other annuity payors. This is a drop in the bucket of federal spending, and no decent person would wish to see anyone suffer and die, but from a fiscal perspective, fewer recipients mean less burden on the system.
PING
Oh, I thought Black Death was a typical night in Chicongo.
Also, that rats are involved. Our kind. Very, very involved.
It would be if they learned how to aim.
Worst shot to kill ratio ever.
Evil
No other word for it
Both were God’s punishment for not understanding how pathogens spread?
Yes, but fewer workers resulted in a lot less SS/FICA take last year. Audit report pulled SS insolvency one year sooner this week.
They both originated in China.
That’s because they like to hold their ‘gat’ sideways
Gotta keeps it real, nomsayin’?
bullsh*t...
our government doesn’t care about federal spending limits...
biden is flooding this country with teetsuckers...
this is all about redistribution...
“many young people have been spared time and expense caring for the old.”
Bullshit brainwashing. If we do not pay back our edlers because we are selfish, Then we are not a moral society at all.
Something to say for many other cultures around the world. Especially Asians. And even the heathen Native Americans are better than that with respect of the elders they owe back.
So many selfishly do not want to have any inconvenience to their personal lifestyle. It is a sin... An absolute sin.
Word you feel me?
No doubt cuz.
Very little in common but I’m sure someone thinks so.
Black Death was more like “Sweating Sickness” of the 1400’s.
Death rate from Covid about .0003% of total populations. Has a survival rate between 97 and 99%.
Death rate from Black Death somewhere between 30 to 60%.
Author wanted so desperately to use the analogy to the Black Death that they abandon all rational thought to try and make it.
They failed....badly.
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