Free Republic

The spectre of one's mortality that a global pandemic raises can be a needed and sobering opportunity to reconsider and reorder our lives, if we're granted them longer. The spectre of one’s mortality that a global health and economic crisis raises can be a needed and sobering opportunity to reconsider and reorder our lives, if we’re granted them longer.The coronavirus pandemic is a social stress test exposing many Americans’ lack of responsibility for our lives, our willingness to hold other people’s lives hostage to our own, and our national unpreparedness to manage danger. What are some long-term positive steps this...

It is vitally important, literally life and death, that the proper costs and benefits are weighed with the decision on how much and how long to shut down economic activity through the pandemic. As the coronavirus pandemic continues across the world, leaders and policymakers have scrambled to respond to the growing health crisis. In the United States, multiple state governors have issued statements urging their citizens to follow social distancing guidelines.Other governors have taken more extreme measures, issuing orders to effectively lock down entire state economies. The current goal of these responses has been to slow the spread of the...

The AP’s statement has no basis in reality. There is currently no body of research that demonstrates people are less likely to take their lives in time of economic hardship. The pace of information during the COVID-19 crisis has been extraordinary. Last week President Trump said thousands could die by suicide as a result of the economic crisis created by the coronavirus.The Associated Press (AP) immediately released a “fact check” on the president’s prediction, saying it was false. Over the weekend, The Federalist’s Tristan Justice reported more people died from suicides in east Tennessee than from the coronavirus. In the...

Our everyday lives tell us our economy is in terrible shape. Knowing where the indicators are pointing downward can help us develop a personal game plan until we can throw the Marxist Democrats out and begin to rebuild our lives. Here’s a list of sixteen reasons we are in trouble. Each of these points is backed up with a website to give you more data to help you get a clearer picture of our situation. Unemployment is just under 10%, a16 year high with an effective rate of about 17%. The skyrocketing number of workers unemployed for more than six...

Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended. The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said. Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics. Summers continued the administration’s push-back against critics of President Barack Obama’s handling of the recession,...

Without a radical change of strategy, the ECB risks pushing the weakest states into a debt-compound spiral that can only end in bond crises and/or the disintegration of Europe's monetary union – whichever comes first. The International Monetary Fund says the eurozone will contract by 4.8pc this year, worse than the UK (-4.2pc) or the US (-2.6pc). The deepest damage will occur next year as Europe remains mired in slump, even as the rest of the world recovers. It is the length of recession that matters most for jobs, social stability, and public finances. I am not easily shocked any...