Experts Fail Again?

Summary: 

A May report from JP Morgan, as well as other evidence, suggests the lockdowns had little to no impact on the spread of COVID-19.

Marko Kolanovic, a physicist and strategist for JP Morgan, pointed out that a majority of nations saw declines in infection rates after the lockdowns were lifted.

Similarly, a Bloomberg analysis in May found “little correlation between the severity of a nation’s restrictions and whether it managed to curb excess fatalities.” Meanwhile, Norway’s top health official recently stated that lockdowns were not a necessary step to tame the virus.

On the other hand, the Washington Post this week cited studies claiming the lockdown orders prevented hundreds of millions of COVID-19 infections and saved millions of lives.

In 2020, central planners from around the world decided to shut down the global economy to protect people from an invisible, highly contagious virus that will result in no or mild symptoms for up to 90 percent of its carriers.

Date: 
Tuesday, June 30, 2020