Tag: COVID-19
Federal PPP Loans Put Corrupt Hands in the Till

COVID-19 has taught us that the government is bad at spending money. It might be different if it could target money where it’s needed most. But federal bureaucrats lack that ability. Because they do, billions have gone to waste. That waste has left millions of needy Americans in the lurch. Let’s start with the...
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Pope Francis Misunderstands Markets, Squanders Moral Authority

“The fragility of world systems in the face of the pandemic has demonstrated that not everything can be resolved by market freedom,” proclaims Pope Francis in Fratelli Tutti, (Brothers All) a new encyclical that manages to sidestep a few realities. Adam Smith (The Wealth of Nations), F. A. Hayek (The Road to Serfdom) and...
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A Coronavirus Spending Scandal

Seven months ago, the U.S. Congress rushed to pass the CARES Act, a $2 trillion emergency spending package that funded hundreds of coronavirus relief programs meant to help regular Americans cope with the impact of the pandemic. The coronavirus pandemic has proven one thing about that spending: The federal government is not very good...
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Scientific Policy in Response to COVID-19

We have all heard, from politicians and from scientists, that the public-policy response to the COVID-19 pandemic should be based on science. For example, Joe Biden’s website recommends we “Ensure that public health decisions are made by public health professionals and not politicians, and officials engaged in the response do not fear retribution or...
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Economic Miscalculation and the Covid-19 Pandemic

As Covid-19 began to spread through the United States in February, many feared hospitals would become overwhelmed with infected patients. To meet the demands a global pandemic places on our healthcare system, the U.S. Army Corps of Engineers began hiring private contractors to build field hospitals to treat patients when hospitals hit capacity. The...
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Pandemic Prophecy Not on the Rosy Side

Actress Jennifer Garner (13 Going on 30) recently asked Dr. Anthony Fauci, “When are we going to be able to sit in a theater and watch our favorite performers up on stage again?” Dr. Fauci, a member of the White House Coronavirus Task Force, replied, “I think it’s going to be a combination of...
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FDA Approves Blood Plasma as Covid-19 Treatment

In the nearly eight months since Covid-19 arrived in the United States, the country has undergone extensive lockdowns, trying economic hardship, and prolonged social isolation. Despite these sacrifices to battle the pandemic, the U.S. continues to lead the world in total confirmed Covid-19 cases and Covid-19 fatalities. As of September 9, the Coronavirus Resource...
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Pelosi: It Was a Setup

By now, most readers will be familiar with Representative Nancy Pelosi’s visit to a hair salon last week, in violation of San Francisco’s pandemic-generated rules prohibiting the operation of indoor salons. Lloyd Billingsley has discussed the situation in a post on The Beacon. Representative Pelosi says it was a setup, and believes she is...
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The U.S. Economy’s Hidden Resilience

One of today’s pivotal questions is the ability of the economy to cope and adapt in the face of mandatory and voluntary social distancing. Real GDP in the second quarter of 2020 fell at an annualized rate of 32.9 percent, an unprecedented drop. It has become commonplace (and bipartisan) to assume that economic vitality...
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Nancy Pelosi’s Bad Hair Day

As the world knows, House Speaker Nancy Pelosi had a wash and a blow-out at a San Francisco salon that had been closed since March, when Gavin Newsom, Governor of California, declared a state of emergency. “As it turns out, it was a setup,” Pelosi told reporters. “So I take responsibility for falling for...
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