Pat Buchanan writes on his blog, Buchanan.org:
The same day the number of U.S. dead from the coronavirus disease hit the 15,000 mark, we also crossed the 15 million mark on the number of Americans we threw out of work to slow its spread and “bend the curve.”
For each American lost to the pandemic, 1,000 Americans have lost their jobs because of conscious and deliberate decisions of the president and 50 governors.
Some 60,000 citizens, we are told, will likely be lost in this pandemic. Are we prepared to accept 60 million unemployed to “mitigate” those losses?
What price victory in this good and necessary war to kill the virus? Is it unseemly or coldhearted to ask?
At what point do we “declare victory and get out,” as one senator told us to do in Vietnam, rather than continue to sustain the U.S. war dead, even if that meant South Vietnam would fall to our common enemies?
Economists at J.P. Morgan are forecasting that the U.S. gross domestic product will fall by 40% this spring and unemployment will reach 20% of the labor force this month.
These are numbers not seen since the Great Depression.
We Americans already live in a nation and world atop a mountain of debt.
Student loan debt. Mortgage debt. Consumer debt. Corporate debt. Municipal, county and state debt. A national debt of $22 trillion now soaring into the stratosphere.
Then there is the sovereign debt of the Third World and of nations like Argentina and Italy. If we bring the U.S. and world economy down, who pays that debt? Or is that a ridiculous question?