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Inept Western Response to COVID-19 Will Result in Public Backlash: 3

In the previous post, I posted links to two YouTube clips by Kim Iversen in which she makes the point that shutting down economy of most countries for many months, till the COVID-19 virus is contained, is just not feasible. Nor is it possible, without a yet to be developed and efficacious vaccine, to eliminate a highly infectious virus with a low mortality rate which has already spread all around the world. The point she was trying to make is that the bullshit being sold to you as official government response and policies is likely to cause far more collateral socio-economic damage and human deaths than the viral pandemic itself. Some of you might have also noticed that tons of online virtue signalling losers, who have never worked a manual job in their entire life or being anything other than economically secure, were infuriated by her observations and are still busy trying to censor and “de-platform” her.

It is telling that the so-called “left” in western countries is as intellectually bankrupt as the right-wing nutcases they pretend to oppose and claim moral superiority over. This similarity between supporters of the two alleged political extremes will, however, not be surprising to some readers. As you might have also read in some of my other previous posts on this topic (link 1, link 2) the governmental response to this pandemic in most western countries has so far heavily favored corporations and very rich over the majority of their citizens. Even western European countries, who have so far done more for their citizens than USA, have still not formulated an effective response. Now.. I am not saying that they won’t get their shit together eventually, but they have not shown any signs of doing that- so far. Confused at what I am talking about? Let me explain..

1] Let me ask you a series of simple questions. What percentage of all paid jobs in the west are not in the ‘essential’ category AND cannot be performed from home? You know the answer to this one- the majority. Now let us follow on to the related question. How many jobs in these sectors pay more than what you can get on unemployment insurance? The answer tro this one is that a large percentage do pay more than even the generous unemployment insurance paid in west European countries today. Things might have been different decades ago, when it was higher in those countries- but that is a topic for another post. Now, some of you might counter by pointing out the governments in many west European countries are willing to cover 75-80% of the pay (upto a certain amount) of employees for a few months, if their employer does not lay them off. Well.. the key words here are ‘if their employer does not lay them off’.

The point I am trying to make is that even if you assume this economic disruption will not extend past a few weeks, affected employers (aka corporations) will lay off a significant percentage of their employees. In other words, a shutdown which lasts more than a few weeks is going to put a massive number of people on relatively stingy unemployment insurance. This problem is hard to solve in so-called “liberal democracies” where interests and needs of corporations and capitalists always outweigh those of the majority. See.. the government of one-party states such as China can simply order its corporations to keep paying their employees at an acceptable rate, because those corporations know that they will be refunded by government and have no option other than accepting the government’s order. Even other supposedly democratic east Asian countries such as Japan and South Korea can make their corporations and businesses retain employees in ways than supposedly “liberal democracies” cannot or don’t want to.

And the situation get even more dismal once you consider things such as residential and small business rent, auto insurance, utilities and other forms of economic rents on the majority. Do you really think voluntary guidelines and suggestions to postpone rent and similar payments is going to cut it? Do you really think that people on significantly reduced income who don’t have much money saved because they were paid so poorly even before this crisis can afford the upcoming balloon payments on rent, utilities etc while being able to afford all essentials and have enough leftover to to stimulate the depressed economy by spending like they used to? And let us clear about something else, most of the trillions being given to corporations right now are going to end up in secret bank accounts in oversea tax havens- one way or the other. And this holds for large corporations that are based in west Europe as much as those based in USA.

2] No western country (which I am aware of) has thus far implemented a freeze on financial rents of any type. To put it bluntly, most of the paltry unemployment insurance payments (to those who ‘qualify’) are just going to end up in the pockets of those collect rents, credit card payments, auto loans payments etc. In other words, many large corporations will receive government money twice- once directly to “save” jobs and then indirectly as people who could barely afford these rent payments in past have to pass an even larger portion of their income onto those corporations. Now imagine what this will do for the disposable income and ability of those people to support business which do not collect such rents. And this not a trivial question as businesses which do not collect such rents employ many times the number of those that do collect rent. Imagine the effect of such an economic contraction on all those retail stores in malls and other business which depend on them. And it gets worse.

Have you seriously considered the impact of this pandemic on the financial situation of those who work in airlines, airports, tourism, hotels and restaurants. What about those who livelihood is connected to running music concerts and other large cultural gatherings? You do realize that most people working in those sectors aren’t well-paid in the best of times.. right? Have all those idiots who incessantly talk about shutting down the economy indefinitely “until the pandemic is over” understand the ramifications of such actions on the livelihood of a substantial minority of the population? Given that most western countries have still not offered to replace income of their working citizens and small businesses in addition to freezing rents, where do they think all that money necessary for restarting the economy is going to come from? Then again, virtue signalers are not known for their ability to think through their actions.

To make matters more interesting, the mortality rate of COVID-19 (once you factor in people who don’t develop symptoms and recover uneventfully) is less than 1%. And ya.. I am basing that number on countries such as South Korea and Germany who have done a much better job of extensive testing of their population than others such as Italy and Spain. Did I mention that majority of those who die will be more than 80 years old? The point I am trying to make is as follows: At some stage relatively soon (not more than four weeks from now) a lot of people who are younger and not well-paid or compensated for this shutdown will start asking questions about whether ineffectual attempts to stop a disease that kills mostly very old people is worth them losing their livelihoods and future. To make matters worse, if that is possible, the pig-headed response of bureaucrats to such concerns will only inflame this situation further. And it is going to cause far more problems in countries such as USA and UK than Italy or Spain who have the social structure necessary to deal with prolonged economic adversity.

In the next part, I will write about how the lack of realistic plans for controlling this virus or mitigating its effect and reopening economy will make the situation far worse than it has to be. Might also write about how this pandemic will diminish the already decreasing the direct and indirect power of USA (and west in general) outside their borders.

What do you think? Comments?

  1. HuskerWolverine88
    April 1, 2020 at 2:37 pm

    This is correct young people won’t stay in their houses forever. Old people though who run the country like Trump, Pelosi, Schumer, McConnell, and every other CEO will need them to until we reach the vaccine. This will inevitably foment a generational conflict within the country. The only way you have a federally mandated nationwide lockdown is if it gets so bad that these “elders” institute it as a means for self preservation.

    • doldrom
      April 1, 2020 at 5:46 pm

      What vaccine? Not a single vaccine has ever been developed for a Corona virus human or animal that has more than an ephemeral effect. SARs vaccine (the closest to this one) tripped over ADE (antigen dependant enhancement), making an infection more catastrophic instead of less. This virus often causes loss of smell, lymphocyte counts are low in the middle of a raging infection, people’s immune system collapses. There are likely nasty aspects to this thing that we do not yet appreciate. Vaccines are happyTalk.

      And there is only one virus disease we have ever eliminated, smallpox. Although US biolabs are reported to have hundreds of liters of the stuff, enough to infect millions.

  2. Saor
    April 1, 2020 at 2:56 pm

    This is a new very fast spreading virus and as such caught most countries off-guard or plainly was ignored . So it follows that a more efficient approach has not been developed to contain it.
    Also in UK or Germany, cant remember where exactly I heard this, an antibodies test was being developed, immune people to the virus would receive a certificate or something and be back to work.

    • P Ray
      April 1, 2020 at 2:57 pm

      That’s Germany.

  3. Yusef
    April 1, 2020 at 3:39 pm

    “At some stage relatively soon (not more than four weeks from now) a lot of people who are younger and not well-paid or compensated for this shutdown will start asking questions about whether ineffectual attempts to stop a disease that kills mostly very old people is worth them losing their livelihoods and future. To make matters worse, if that is possible, the pig-headed response of bureaucrats to such concerns will only inflame this situation further.”

    I agree both this will happen and within your time frame. What I wonder about is what possible effective action can they take? They can’t decide the response has been stupid and therefore take the constructive action of returning to work. It will be then they discover they’ve not only been locked down but also locked out. They might riot, perhaps, but without focus, this will only be effective in blowing off some of their steam. For my own part, I won’t mind it if there is a general political reorientation and alignment, within which the virtue signalers come to be seen for the phony retards they are. And I wouldn’t mind a bit of kicking of their ass. Yet beyond my own gratification in seeing the virtue signalers called out and paying a cost for their stupidity, these actions are pretty much useless, in near and in long term.

    Boy this has been a weird time. We’re not only observing, but we’re living through, a train wreck. A train wreck of global proportions. This is the coup de grâce of the American middle class. American preeminence and prosperity has received its death blow. As an American I can’t be entirely happy about that; I wish only American hegemony was dying. That death needed to take place back in the 60’s.

  4. Yusef
    April 1, 2020 at 4:19 pm

    This link was offered to me by someone who thinks the science backs up the need for lock down and so on,

    https://science.sciencemag.org/content/early/2020/03/24/science.abb3221.full

    At least this is science, and from a reputable source.

    My immediate response is it seems to show how contagious and easily spread the virus is, which I haven’t disputed. In doing so, however, the role of undocumented infections is discussed. However, these undocumented infections are so because the infection is often asymptomatic or weakly symptomatic. In effect, not so very dangerous after all. So maybe it isn’t so bad to be infected? Infection rates, percentages of the population infected, and percentages of the population getting sick have never been considered the same before now. Isn’t that right? I would like other eyes on this, if possible. If I am right, a pandemic has been declared because large numbers of people are infected, not sick or going to be sick. And that is crazy, unprecedented.

  5. doldrom
    April 1, 2020 at 5:51 pm

    If you could supplant the economy’s cash flow by printing or borrowing money, it would have been the solution to all social and economic problems long ago. Tr$6? If it works well, why not try Tr$350? All assets are based on some underlying cash flow. Arresting the cash flow will lead to a complete crash of asset values and the whole chain of transactions including capital pools for buying inventory and paying labor. An unimaginable unraveling is being instigated, all to support the delusional conceit that we care and are going to save a few hundred people by staggering the use of vents (10% one year survival rate maximum).

  6. doldrom
    April 1, 2020 at 5:56 pm

    Besides, this thing is still going to have an R₀=3 as soon as we relax the social distancing. Even if we completely arrest the spread, we are only delaying the moment when the exponential series picks up again exactly where we left off (unless there is a far higher silent attack rate than now assumed). Are we all to starve as we go in lock-down for years? This whole panic plan has no exit strategy.
    This is an experiment to firmly establish the limits to kicking the can down the road.
    The experiment will definitely succeed in answering the question.

  7. P Ray
    April 2, 2020 at 3:37 am

    Pro: Everyone is going to have the chance to save a lot of money for the next 2 years
    Con: You might not live long enough to collect, but until then, there will be poon for cheap for those willing to control their passions and not use onlyfans, venmo, patreon or other e-thot platforms.
    https://www.dailymail.co.uk/health/article-8176713/One-four-coronavirus-patients-asymptomatic-CDC-director-says.html
    One in four coronavirus patients have NO symptoms, CDC director says as he warns the virus will be ‘with us’ for the next TWO YEARS
    As many as 25% of people with coronavirus are asymptomatic, according to CDC director Dr Robert Redfield
    He warned that the virus will be ‘with us’ for the next 24 months, particularly as a second wave occurs in the fall
    The CDC is considering issuing new guidance that all people, not just those who are sick and healthcare workers, wear masks
    In the US, there are more than 200,000 confirmed cases of the virus and more than 4,000 deaths

    • P Ray
      April 2, 2020 at 3:52 am

      as Mikenson @mikeapedia101 says:
      Lol we’re a bunch of paycheck to paycheck employees
      living in apartments owned by paycheck to paycheck landlords
      and working for paycheck to paycheck corporations.
      Lmao whole economy full of broke bitches.
      Whose idea was this?!?

      • Yusef
        April 2, 2020 at 9:35 am

        Not only living paycheck to paycheck but also living deeply in debt.(record levels of almost every form of debt.) The economy is going to contract. That will make debt even more difficult to pay off than it was before. The situation is far more dire than “being broke.” I believe the plutocrats want this, and have planned it out. They end up in complete control. It is fascinating, though. They are creating chaos in order to impose their own order. (I believe they operate through riding in with the solutions to the problems they themselves created.) This chaos is distributed globally, which is unprecedented. And what’s more, chaos is difficult to forecast. Basically, weathermen attempt to forecast chaos. Their ability to do so is obviously limited. We will see what we will see. I doubt it is going to be pretty.

  8. Yusef
    April 2, 2020 at 2:09 pm

    “Do you really think that people on significantly reduced income who don’t have much money saved because they were paid so poorly even before this crisis can afford the upcoming balloon payments on rent, utilities etc while being able to afford all essentials and have enough leftover to to stimulate the depressed economy by spending like they used to?

    The consumer confidence index is periodically published and is one of the most important cues used by businesses to plan ahead. It doesn’t take a genius to guess where consumer confidence is heading now, or how businesses will respond.

    Look at this, (if you need to):

    https://www.marketwatch.com/story/consumer-confidence-sinks-in-march-to-32-month-low-and-its-going-to-keep-falling-2020-03-31

    “Consumer confidence sinks in March to a 32 month low and it is going to keep falling,” is what Market Watch says. That’s from a few days ago.

    Businesses can’t, and won’t be allowed to, respond to “the crisis” in the manner rational to businesses. In other words, businesses can’t be allowed to pull in their horns and slow production in order avoid dumping supply into markets where demand is this significantly and this rapidly lowered. The most vicious deflationary cycle in history would begin. Martial law is the only way out, and martial law, like it or not, is already what we’re living under.

    • doldrom
      April 3, 2020 at 6:17 am

      Confidence indexes have a poor track record, low correlation with subsequent developments. They also tend to be a lagging indicator.

      • Yusef
        April 3, 2020 at 9:07 am

        The number gave some quantitative support to AD’s quoted comment.

        Yours are good criticisms, but businesses watch the index carefully nevertheless.

        I do believe the March number is lagging. It is registering a decline in consumer confidence prior to the pandemic. Get that.

        Remember after 9/11 George W. Bush answered to people who asked what they could do, “Go out and spend!” There was a sharp recession anyway. We’ve been brain dead for a long, long time. Now we’re body dead, too– walking dead, zombies.

      • Yusef
        April 3, 2020 at 10:26 am

        Look at this Market Watch report on the February 2020 University of Michigan Consumer Sentiment Index,

        https://www.marketwatch.com/story/feeling-good-consumer-sentiment-climbs-in-february-and-returns-near-15-year-high-2020-02-14

        You can’t make this shit up.

        What I found striking was this comment,

        “One caveat: Only 7% of respondents mentioned COVID-19, the illness tied to a novel coronavirus in China. If it spreads beyond China it’s bound to dampen confidence in the months ahead.”

        Why would Market Watch mention this even? To indicate to readers the fallibility of consumer confidence indices or some other reason? Did they have advance knowledge of some sort?
        I will check to see what market watch had to say about COVID-19 prior to the hysteria.

        Really, very few people were thinking about COVID-19 at all in January and February, and virtually no one in terms of its potential economic effects in the USA. People were buoying along on fluff such as Trump’s State of the Union address.

        It seems obvious to me ” consumers” don’t know a damned thing or have any idea what may come up in the future to affect their incomes and abilities to spend, but what the CC indices measure and relay to businesses is their current state of being CONNED. (CONNEDsumer CONNEDfidence.)

        “What happened: Consumers mentioned improved incomes and wealth more than any time since 1960, most likely reflecting a stock market that’s surged to record highs as well as rising wages.”

        The whole damned thing is a CON. They felt wealthy because the stock market surged to record highs. Yes, it did. So the CONNEDsumers are able to detect and understand the number 29,400 (approximation of the DJIA just prior to the collapse) has a greater magnitude than 6,700 (approximation of 2009 low.) Brilliant. Unfortunately for the soon-to-be suffering masses, the numbers whatever their magnitudes, are artificially constructed for the purpose of psy-op. God how I wish they would wake up.

      • Yusef
        April 3, 2020 at 10:46 am

        That Market Watch article trumpeting 15 year highs in consumer confidence was published at the peak of the DJIA and just prior– maybe on the very day prior– to one of the most dramatic DJIA plunges in history.

        I searched Market Watch for articles about COVID-19 (a keyword search using “COVID”, for articles on or before February 14, 2020) and as far as I am concerned the results are scant.

        There’s one interesting article about car manufacturing supply lines getting pinched.(Something which is in my opinion not being reported on enough NOW when it would be significant information for people arguing the cure may be worse than the disease.)

        MW was following the situation in China, sparsely, as was most of the US press. They were supplying updates of the disease in China. They were not, sounding any alarm bells. The balance of articles in the damned journal is that the “pretty good economy” can be expected to continue being “pretty good.” You couldn’t pay me a billion dollars to work for them and spew lies and deceit over everyone.

  9. GAY NIGGERS FROM OUTER SPACE
    April 2, 2020 at 8:19 pm

  10. Rio
    April 5, 2020 at 12:01 am

    “…are just going to end up in the pockets of those collect rents, credit card payments, auto loans payments etc. In other words, many large corporations will receive government money twice”

    This is quite the dumbest thing the OP has said. Does it matter how the individual spends their money? If they spend their money at the local produce market, that small business is also going to get money from the government. Some people are landlords and collect rental income. Is that a bad thing to you? Stop labeling everything as corporate greed.

    • Yusef
      April 5, 2020 at 11:31 am

      Nice gratuitous insult there, Rio Pequeña.

      Rio Pequeña asks, “Does it matter how the individual spends their money?”

      She asks the question rhetorically, for she obviously thinks the answer is it doesn’t matter.

      I would like to point out, Rio Pequeña– and my intentions are kind and gentle, for there is so much, being so little, you don’t understand– AD was addressing a specific payment situation:

      FINANCIAL RENTS.

      Get it? Financial rents are not to be equated with other uses of money. They represent a siphoning away of money otherwise to be used. The people will end up spending their money on FOOD THEY ALREADY BOUGHT ON CREDIT–AND interest payments and fines on that DEBT! PAST TENSE!The local produce isn’t going to see that money coming to the cash register drawer– it is going to be drained off to a financial center far away. Spending their money this way is nothing like “spend[ing] their money at the local produce market”. It has an entirely different economic effect, and reduces both stimulus and lifestyle and even sustenance effects of the money, potentially dramatically. Do you not see?

      In order for the money not to be drained off this way, Western governments would need to implement a freeze on financial rents of ALL types. They haven’t done so, and this is a very important point in terms of assessing their intentions in this moment of (financial) crisis.

  11. P Ray
    April 7, 2020 at 12:07 am

    Nobody seems to be raising this wonderful advantage of CoViD-19 …
    complete lack of feminist public protests / gatherings since Spain went into lockdown

    As usual, this really shows that “female dedication to a cause” only happens when they can protest safely and with male protection, haha!

    • Yusef
      April 7, 2020 at 9:10 am

      I’ve notice it is the more educated women who are most in panic.

      The more educated women were the ones who first donned the surgical masks and darted around grocery stores with worried, tearful eyes.

      They are also the ones who think those who worry about civil liberties, the general well being of society, and the actual effectiveness of the world’s response, are idiots. They really believe if the government says we face a deadly pandemic, that’s enough to command complete subservience, no questions asked.

      They probably really do groove on this great drama in their lives, this time of tribulation and victimization, so don’t want to have any doubts on that’s what it is.

      Unfortunately, though, there are a lot of men who turn out to be just as womanish.

  1. April 13, 2020 at 3:18 pm

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