https://www.economicpolicyjournal.com/2020/05/wake-up-donald-your-malpracticing.html

By David Stockman

If you don’t think the fix is in, please take note of the big news of the morning. Namely, that the allegedly ultra-busy Dr. Fauci had time last evening to ping Sheryl Gay Stolberg, correspondent for the “failing New York Times”, in order to dump a VLCC size tanker- load of cold water on the urgent need to end Lockdown Nation, now.

In a nanosecond, of course, Stolberg was on Twitter and on-line with Fauci’s stern admonition to the restless natives of Flyover America to shut-up and stay put. That way the entire MSM had plenty of time to crank-up a feverish barrage of messaging during Fauci’s actual Senate appearance as to how Red State governors are jumping the gun and putting life and limp in danger throughout the country:

“The major message that I wish to convey to the Senate HLP committee tomorrow is the danger of trying to open the country prematurely,” Fauci wrote in the email, which Stolberg posted on Twitter.

“If we skip over the checkpoints in the guidelines to: ‘Open America Again,’ then we risk the danger of multiple outbreaks throughout the country. This will not only result in needless suffering and death, but would actually set us back on our quest to return to normal,” wrote Fauci, the director of the National Institute of Allergy and Infectious Diseases.

For god’s sake, WAKE UP, Donald!

The mad doctor’s plot against you (and the American people) is being played out right in public by a camarilla of wanna be public health rulers and their compliant media megaphones, who presume to control all that moves and all that stands still in America.

But for crying out loud, where does this supercilious old geezer come up with “needless suffering and death” if American workers, students, shoppers and consumers are let out of house arrest?

Were not Friday’s catastrophic employment numbers a sufficient wake-up call?

The chart below shows 70 years of monthly change in total US employment. How damn stupid does someone have to be to not recognize that Lockdown Nation has caused the US economy to plunge into such unfathomably deep waters that they have never before even been imagined.

The deepest monthly drop we can find over seven decades is the 1.2 million job loss at the very darkest bottom of the Great Recession in January 2009. But what the Donald’s malpracticing doctors triggered last month was 19X deeper at 22. 4 million.

And they caused this to happen in the context of a wizened business cycle that is off-the- charts 130 months old, and barnacled with debt, malinvestment and speculative excess like never before.

For instance, the current $75 trillion of debt weighing down the US economy is up from an already crushing $52 trillion on the eve of the 2008 finical crisis, and now the butcher’s bill is coming due.

So what Fauci and the Virus Patrol have decided to stop dead in the water is a badly crippled, hand-to-mouth economy in which the overwhelming share of households and small businesses have no material rainy day funds, no cash reserves and no balance sheet resilience.

In medical terms, the US economy has virtually no antibodies to fight back. Infect it with a massive, sudden loss of incomes and cash flow and you are virtually inviting a pandemic of cancelled orders, ballooning payables, missed rents, credit delinquencies and soaring defaults that will surely ravage America’s body economic in the weeks and months ahead.

So, perforce, we must ask again, for what?

But at least at today’s Senate hearing, the one man in Washington who still has his head screwed on right, Senator Rand Paul, put it right in Fauci semi-quarantined face.

In a word, said the intrepid Senator from Kentucky, where’s the Bubonic Plague?

“The history of this when we look back will be wrong prediction after wrong prediction after wrong prediction…

As much as I respect you, Dr. Fauci, I don’t think you’re the end all, I don’t think you’re the one person that gets to make a decision,” said Paul – who added that we need to “observe with an open eye what happened in Sweden, where the kids kept going to school.”

“The mortality per capita in Sweden is actually less than France, less than Italy, less than Spain, less than Belgium, less than the Netherlands, about the same as Switzerland. But basically I don’t think there’s anybody arguing that what happened in Sweden is an unacceptable result. I think people are intrigued by it, and we should be.”

“I don’t think any of us are certain when we do all these modelings – there have been more people wrong with modeling than right. We’re opening up a lot of economies around the US, and I hope that people who are predicting doom and gloom and saying ‘oh, we can’t do this, there’s going to be a surge’ – will admit when there isn’t a surge.”

Bravo!

Yet with what mendacious malarkey did Fauci counter Senator Paul’s truth?

Why, with an absolute red herring about an ultra-rare childhood disease called Kawasaki Syndrome, which been around since 1968 and that has been mooted as potentially present in a handful of Covid cases in, well, New York (where else?).

Said Fauci,

For example, right now children presenting with COVID-19 who actually have a very strange inflammatory syndrome, very similar to Kawasaki syndrome. I think we better be careful that we are not cavalier in thinking that children are not immune to the deleterious effects.

Oh, really? Read the rest of this entry »