Wednesday, April 15, 2020

The Coronavirus Risk Assessment

The Coronavirus Risk Assessment

“You’ve got to ask yourself a question: ‘Do I feel lucky?’ Well, do ya, punk?”

When staring down the revolver and trying to remember how many bullets are left, it’s difficult to weigh the odds. A person needs solid information to take educated risks. Without it, life can be a bullet to the head. Or not.

The question before citizens of the United States: Is it time to get back to normal? The answer is, “It depends.”

Some states, including, Texas, are looking at reopening (with caveats) today. Other states, like Wyoming and North Dakota, never closed, and rightly so. In places like Louisiana, Michigan, and New York, it would be irresponsible to reopen around the hot spots. But what about places less affected?

Americans are weighing risks. They’re counting the bullets. 
They are deciding how to proceed.
Americans are starting to get a handle on the risks from COVID-19 even though the data is murky. They are seeing that, yes, it’s worse than the flu, especially for sick and old people. The transmission rate is somewhere between 1.21 and 5.7. The interval between transmission and infection is relatively long — up to 14 days — and 10 percent of people transmitting the virus are asymptomatic. And yet most people don’t know they get it, or think they got the flu or a cold, and recover.

Americans know that there isn’t a widely available test for antibodies but that it’s on the way. There isn’t a vaccine, and one may come in 18 months, or it may not. And when it comes, it may be only partially effective. That’s a long time from now. Herd immunity might be the solution, but that’s an idea no one is used to.

Millions of people are out of work. They need jobs to pay bills. People will lose their homes and starve if this lasts too long. Widespread bank failures are a real possibility, and there are dangers lurking beyond that. These realities factor into decision-making, too.

Americans are weighing risks. They’re counting the bullets. They are deciding how to proceed.

Ben Stein wonders why people are so scared. The answer is simple: because people get primal, tribal, and oftentimes irrational in the face of the unknown. When the instinct for survival kicks in, a good portion of the population reverts to the dictates of their amygdalas. That’s not always a bad thing. Ignoring an unseen enemy can be fatal. In a couple months, over 21,500 people have died in the United States, 80 percent of them over 65 years old. That’s scary. And for a younger generation who has seen little of war or want, this is the first collective trauma they’ve faced.

People are also scared because of the media reaction. The New York–based media, who are up close to the biggest outbreak, have provincial concerns and generalize their fear to the whole country. New York has nearly half of all U.S. deaths from the virus. Some journalists are sick. It affects the coverage.

Unfortunately, New York’s governor and the city’s mayor did not take the virus seriously enough at the beginning. They encouraged communal activity in a city where people live on top of one another.

New York’s experience does not translate to what is happening in most other places, though, and public policy must work for local areasThis will be tricky for politicians, and it will be challenging for individuals to make educated choices.

So far, citizens are having their choices made for them. Dan Flynn’s American Spectator column about the Orwellian government interventions is like a piece of dystopian sci-fi, but it’s real. Mama government is making sure everyone is safe. For a big dose of scary government, check out these headlines. Nearly every state has a story about overzealous cops and neighbors harassing innocent people.

Americans are calculating that, too. There are tradeoffs to safety. A jammed jail cell may be worse than the hospital, as far as exposure to the virus goes.

The average person who takes few risks, still takes them. Americans drive. Despite the environmentalists’ harping, Americans still drive a lot. And, as it turns out with coronavirus, driving is the safer choice when compared to public transportation, but not nearly as risky as driving itself. There are over 40,000 fatal car accidents per year. In addition, over two million people are permanently injured from car accidents every year.

The average person goes to work, school, and family gatherings, or lives with people who do those things, despite the risk of contracting influenza. Sure, they can get the immunization, but that’s at best a risk reduction. In the 2018 season, 69,000 people died. Most years, it’s closer to 50,000 dead.

Accidents of all kinds are the third leading cause of death, with nearly 170,000 dead per year. Yet people still own swimming pools, guns, coffee tables, slick bathroom floors, bookshelves, pitbulls, and refrigerators.

There have been clear benefits from the national shutdown. Hospitals have taken the time to get prepared. U.S. manufacturing has had time to ramp up production of needed medical supplies. Americans have relearned the need to prepare and increase hygienic procedures, and they now understand the concept of social distancing. Doctors are learning how to treat the virus more effectively.

There have been benefits beyond simply responding to the virus. The dangers of reliance on China for any manufacturing are now clear. Their malevolence through their disease disinformation campaign has been breathtaking. It’s time to return to “Made in America.” A robust border policy once seemed to be a fringe idea. Now, it’s obvious to everyone save the fringers. The World Health Organization failed its core mission and needs a serious retooling. Many distressing truths have been revealed during this crisis.

Over time, there will be diminishing returns from keeping the economy halted. From taking the virus too lightly, many folks have become too fearful and too unwilling to put the threat from the disease in context.

No one looks at flu or auto accident deaths in a vacuum, yet Americans are being asked to do that with COVID-19.

It’s time to intelligently reenter life. The consequences of the economy ground to a halt must be considered when looking at the health-care data.

Americans risk driving to work in a car because they need a job that staves off greater risks, like starving children and living on the streets. It’s not that they don’t care about potentially dying in the car. It’s that they believe that dying in a car is an acceptable risk because they have to weigh the odds of that happening against the certain odds that without money they cannot buy food, and without food they will starve.

Now that people are seeing the consequences of the virus and understand the risks, they can start doing what free people do: Decide for themselves what risks they want to take.

It’s astonishing to me that some of the folks most at risk — older people and those with underlying health conditions — are the ones most likely to be at the grocery store. These are people on fixed income, who don’t work. Meanwhile, those with jobs who need to work are most likely to weather the virus and stay healthy, but they can’t work and are at home facing economic ruin. They’re getting their groceries delivered.

Something is wrong with this picture.

The national pause was necessary for the government, hospitals, and business suppliers to reorient to the crisis. It spared hospitals from being overrun. It gave people time to educate themselves, change their behavior, and adjust.

Now it’s time to intelligently reenter life. The consequences of the economy ground to a halt must be considered when looking at the health-care data.

In some places, it’s safe to reopen. It will take courage to do this. The public leaders who navigate the tricky waters most effectively will save lives and have a healthy, back-to-work population. That’s the goal.



A Remedial Explanation Of Federalism For Jonah Goldberg


The point of federalism is that it keeps tyrants little.


Jonah Goldberg seems to think I’ve been inconsistent in a series of recent articles about state and local government efforts to fight the spread of the coronavirus, suggesting that my past praise for federalism conflicts with my recent criticism of mayors and governors who have taken their emergency powers too far—little tyrants, I called them.

But of course there’s nothing inconsistent about affirming the primary role of state and local governments in a crisis, and also noting that in some places, local officials will behave badly and will have to be held accountable, either by voters or by the courts.

That’s sort of the entire point of federalism, and one of its chief blessings: the tyrants are little.

It’s a lot easier to remove a mayor or county commissioner from office than a president—just ask Nancy Pelosi. Even overreaching governors can be brought to heel by the threat of a recall, which is what Michigan Gov. Gretchen Whitmer is now facing after she issued an absurd order banning the sale of things like vegetable and fruit plants, but not lottery tickets.



For Goldberg’s sake, let’s take a step back. Federalism means the separation of powers between the federal government and the states. Some things fall under federal authority, like national security and immigration, and some things fall under state authority, like disaster response and police powers.

The proper role of states during a pandemic is to issue lockdown orders, close businesses, and restrict travel for the sake of public health. The proper role of the federal government is to help develop a vaccine, close borders and ports of entry, and work with state governments to contain the virus.

In a big, sprawling democracy, sometimes politicians will take things too far—like Mayor Greg Fischer of Louisville, Kentucky, who mistakenly thought he could ban Christians from celebrating Easter at drive-in services. Thankfully, a federal judge stayed the mayor’s order in time for churches to hold their services. What’s more, our federalist system ensures that the good people of Louisville will have a chance to let Fischer know exactly what they think of his bone-headed authoritarianism in the next election.

It’s unclear whether Goldberg understands this or if he was just trying to be funny, but praising federalism on the one hand and calling out the abuse of power on the other isn’t contradictory, it’s complementary. If I say I like whole milk, and then complain that I hate spoiled milk, I’m not contradicting myself. Sometimes milk goes bad and you have to throw it out.

Goldberg isn’t the only one who needs a remedial explanation of federalism. During a press briefing yesterday President Trump averred that the authority of the president is “total,” and that governors “can’t do anything without the approval of the president.”

This is obviously not true. The most charitable explanation is that Trump was simply reacting to the media in his usual provocative way, pretending he can do whatever he wants and daring the media to flip out (which they did). When pressed on details, it seems clear he meant it would be politically untenable for most governors to keep their states closed after Trump says they should open, which is probably true.

But in the era of NeverTrump and Trump Derangement Syndrome, some people have developed an unhealthy preoccupation with the current occupant of the White House. Even subscription newsletter writers can fall into this trap. And although the president is certainly more powerful than your governor or mayor, the coronavirus pandemic is a potent reminder that the government that most affects your daily life is that which is closest to you: the mayor, the city council, the county commissioners court.

Goldberg used to understand this. Way back in 2016, right after Trump won the election, he wrote, “People on the ground in their own communities have a better understanding of how they want to live and what they want from government. Local politicians are easier to hold accountable, and culture-war arguments aren’t abstractions when the combatants have to look each other in the eye.”

It’s amazing what four years can do.

2 Decades of Dubious Surveillance Will...


2 Decades of Dubious Surveillance Will Make It Much Harder To Track COVID-19 Now

Government officials have only themselves to blame if citizens decline to share their information.


edwardsnowden_1161x653
(Pedro Fiuza/ZUMA Press/Newscom) 


Would you tell an app on your phone if you tested positive for COVID-19 so that people who had been in close contact with you could be informed?

For many Americans, the answer would be yes, many emphatically so. But deep suspicion about who might see that information and how that information might be used to suppress civil liberties will push thousands, maybe even tens of thousands, of Americans to refuse.

Their refusal to participate might make it much harder to track the spread of the coronavirus and protect people from exposure. That's unfortunate, but that deep suspicion of how the government uses our private data from our phones and computers is justified by an entire post-9/11 regime of domestic surveillance that far too many government officials continue to defend.

Andrea O'Sullivan explained here at Reason how location technology on our phones could be used to help trace COVID-19 infections and how apps are playing an important role at stopping the spread in South Korea and China. Apple and Google are partnering up to host apps that will allow individuals around the world to participate. People who discover they've been infected with the coronavirus can inform the app, and the app will inform others who have come into close contact with them recently, letting them know they may have been exposed so that they can take proper precautions and self-isolate.

The way Apple and Google are approaching these tools is admirable, at least on paper. Participation will be voluntary. The tools won't actually collect identifiable information on location data. People who test positive will not be identified to Google or Apple or transmitted to health authorities. (Google explains how the location tracing will work here.)

But there's a lot of mistrust—and I don't just mean mistrust of Google and Apple. There's mistrust of governments, both authoritarian and democratic, who might be able to track citizens and collect data via phones. China is already doing this with its citizens. Let's not pretend that this is simply a tool of authoritarian regimes. After the passage of the PATRIOT Act, the National Security Agency (NSA) secretly implemented the collection and storage of mass amounts of Americans' phone and internet metadata, without a warrant or any real justification other than to search through it for potential terrorist plotting.

Edward Snowden revealed the extent of this surveillance to Americans almost seven years ago, and at the time, a significant number of bipartisan political leaders insisted that this surveillance, despite violating the Fourth Amendment rights of all Americans, was needed to protect us from violent terrorism. It was not. As the years went by, it became clear that this mass surveillance was not making us safer, nor was it an effective tool for fighting terrorism. The USA Freedom Act reformed the system to restrict how the data could be collected and accessed but also brought it out from the shadows and made it official policy. (The USA Freedom Act expired in March since Congress did not reach a compromise over renewing it as attention turned to the pandemic, a mostly unnoticed casualty of COVID-19.)

Now, Snowden warns that the same governments that used the fear of terrorism to justify massive domestic surveillance may do the same for the coronavirus. People may recall that Snowden was initially dismissed as a crank by a lot of people until the government was forced to acknowledge that much of what he'd revealed was actually true.

We already see examples of law enforcement agencies at home and abroad abusing their surveillance tools to try to exert authority over citizens instead of helping them. Drones can be a boon to police when searching for lost people or scoping out dangerous situations. But in England, one police department used them to snoop on and attempt to shame citizens who had gone to a park to exercise and be outdoors (none of these citizens appeared to be violating social distancing rules). In Kentucky, police are using license plate readers to force compliance with self-quarantine orders. This surveillance is not being used to collect information to track the coronavirus. It's being used to control people.

And so, if thousands of Americans (or Brits) refuse to assist public health agencies by opting into these apps, don't blame them. Blame the government officials who have reliably used every single crisis for the past two decades to insist they need to have access to more and more information about our private lives. Will Apple and Google even be able to keep their promises that the government can't access this private data, given that both politicians and the Department of Justice are trying to destroy encryption to make secret surveillance easier?

In all likelihood, I will download and participate in this app system when it's introduced. I live in Los Angeles in a neighborhood with a lot of families with older residents who are especially likely to have severe cases if they're exposed. But I wouldn't judge anybody who refuses to participate. The government already cried wolf. Now that they really need us to trust that they truly need to know where we are, they've already trained us not to believe them.

4 suspected ISIS members arrested in Germany for allegedly planning attack on U.S. military bases

OAN Newsroom
UPDATED 10:07 AM PT — Wednesday, April 15, 2020
Four suspected ISIS members were arrested in Germany after allegedly planning to attack U.S. Air Force bases.
On Wednesday, officials said the men had obtained firearms and were building an explosive device meant to be used in targeted attacks southeast of Berlin. The suspects were reportedly caught spying on American facilities in Germany as well as a person said to be critical of Islam.
Authorities said another man, thought to be the group’s leader, has been in jail since last year. They also said the suspects originally planned to conduct their attacks against the Tajikistan government.
“The suspects are believed to have joined so called Islamic State in January 2019 and founded a terror cell in Germany,” explained Herbert Reul, Interior Minister of the North Rhine-Westphalia state. “They are thought to have originally planned to travel to their home country of Tajikistan to participate in the armed holy fight against the government there; they then abandoned that plan and instead planned deadly attacks in Germany.”
Officials further said they believe the five men were instructed to carry out the attack by other ISIS leaders in Syria and Afghanistan. The group is set to all be charged with “membership in a terrorist organization.”
https://www.oann.com/4-suspected-isis-members-arrested-in-germany-for-allegedly-planning-attack-on-u-s-military-bases/

Obama: ‘Biden Has Touched Us All’





Obama:
'Biden Has Touched Us All'




April 14th, 2020


U.S.—Former president Barack Obama endorsed Joe Biden for president in a touching, intimate video Tuesday, saying, "Biden has touched us all."

Many were worried Obama wasn't going to endorse Biden, but he came through for the DNC establishment, telling everyone how deeply and personally Biden has touched everyone he has ever worked with.

""Many leaders, um, you know, they, um, don't rub you the right way," Obama said. "But not Joe. Joe, see, he, um, touches everyone he comes into contact with, whether they want him to or not. He's breathing down Trump's neck in, um, in the race now, and I know he will overcome and grab a come-from-behind victory. I'm very fondle--excuse me--very fond of Joe, and with a stroke of luck, we'll be able to lick Trump in this election as we grope about for the White House."

Obama brought his patented brand of eloquent, hope-infused rhetoric to the speech, saying, "We can, um, smell a win this year."

"Joe's campaign is very touching, that's what I'm, um, here to say. So don't let a Trump victory sneak up on us -- embrace Joe Biden in 2020."


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The ‘False Debate’ About Reopening...


The 'False Debate' About Reopening the Economy 
Is the One That Ignores the Enormous Human Cost of Sweeping COVID-19 Control Measures

A New York Times Magazine forum highlights the moral implications of suppressing economic activity.

Jon Allsop, who writes the Columbia Journalism Review's daily newsletter, argues that the conversation about when and how to relax COVID-19 lockdowns is a "false debate" that misleadingly pits "lives" against "livelihoods." In reality, Allsop says, there is "no choice to be made between public health and a healthy economy—because public health is an essential prerequisite of a healthy economy."

While that is true at some level, broad business closure and stay-at-home orders nevertheless entail tradeoffs that cannot be wished away by such anodyne assurances. Those tradeoffs are a recurring theme of a recent roundtable in The New York Times Magazine that Allsop himself mentions. The title of the forum is telling: "Restarting America Means People Will Die. So When Do We Do It?" The five panelists—especially Princeton bioethicist Peter Singer—repeatedly call attention to the moral implications of reducing COVID-19 transmission by shutting down large sectors of the economy.

Singer forthrightly questions "the assumption…that we have to do everything to reduce the number of deaths." That assumption is manifestly wrong, as reflected in the decisions that government agencies make when they assess the cost-effectiveness of health and safety regulations—decisions that routinely take into account not just the deaths that might be prevented but the resources expended to do so. Those assessments assign a large value to preventable deaths, but the value is not and cannot be infinite.

"At some point," Singer says, "we are willing to trade off loss of life against loss of quality of life. No government puts every dollar it spends into saving lives. And we can't really keep everything locked down until there won't be any more deaths. So I think that's something that needs to come into this discussion. How do we assess the overall cost to everybody in terms of loss of quality of life [and] loss of well-being as well as the fact that lives are being lost?"

Singer is equally frank in discussing the weight that should be assigned to COVID-19 deaths, whether they are prevented by current control measures or allowed by loosening those restrictions:
This is killing mostly older people. I think that's really relevant. I think we want to take into account the number of life years lost—not just the number of lives lost.

The average age of death from COVID in Italy is 79½. So you do have to ask the question: How many years of life were lost? Especially when you consider that many of the people who have died had underlying medical conditions. The economist Paul Frijters roughly estimates that Italians lost perhaps an average of three years of life. And that's very different from a younger person losing 40 years of life or 60 years of life.
Similarly, the British epidemiologist Neil Ferguson has estimated that "as much as half to two-thirds" of the people who will die from COVID-19 in the U.K. would have died "anyhow" by the end of the year because deaths from the disease are concentrated among people who are old and/or have serious preexisting medical conditions.

Another participant in the New York Times forum—Zeke Emanuel, vice provost for global initiatives at the University of Pennsylvania—reinforces Singer's point. "I am a big believer in using life-years saved, rather than just number of deaths avoided, as the goal," he says, noting that allocation of scarce medical resources such as ventilators and organs routinely takes that factor into account. Emanuel argues that COVID-19 restrictions could be loosened in June if appropriate testing, surveillance, and contact tracing is possible by then.

Singer emphasizes that the economic cost of aggressive control measures is morally important and not simply a matter of elevating crass financial concerns above issues of life and death (the way that New York Gov. Andrew Cuomo, among many others, has misleadingly framed the issue):
If we're thinking of a year to 18 months [the projected amount of time required to develop and deploy a vaccine] of this kind of lockdown, then we really do need to think about the consequences other than in terms of deaths from COVID-19. I think the consequences are horrific, in terms of unemployment in particular, which has been shown to have a very serious effect on well-being, and particularly for poorer people. Are we really going to be able to continue an assistance package to all of those people for 18 months?

That's a question each country will have to answer. Maybe some of the affluent countries can, but we have a lot of poor countries that just have no possibility of providing that kind of assistance for their poor people. That's where we'll get into saying, "Yes, people will die if we open up, but the consequences of not opening up are so severe that maybe we've got to do it anyway." If we keep it locked down, then more younger people are going to die because they're basically not going to get enough to eat or other basics. So those tradeoffs will come out differently in different countries.
The economic cost, Singer notes, go far beyond the immediate impact on people forcibly deprived of their livelihoods:
We need to think about this in the context of the well-being of the community as a whole….We are currently impoverishing the economy, which means we are reducing our capacity in the long term to provide exactly those things that people are talking about that we need—better health care services, better social-security arrangements to make sure that people aren't in poverty. There are victims in the future, after the pandemic, who will bear these costs. The economic costs we incur now will spill over, in terms of loss of lives, loss of quality of life, and loss of well-being.

I think that we're losing sight of the extent to which that's already happening. And we need to really consider that tradeoff.
The "false debate," in other words, is not the discussion that considers the enormous human cost of suppressing economic activity. It's the discussion that pretends there is no such tradeoff.



Americans Will Decide When Lockdown Is Over


You can stop Walmart from selling seeds.

 You can't stop kids from playing outside.


Every morning, the media decides whether today is a day where President Trump is insufficiently using his abilities to fix everything with the wave of a pen – instead letting the nation’s governors (why do we even have those?) take the lead on decisions regarding lockdowns– or whether he is a crazed authoritarian, dangerously insisting that his power is total as regards the reopening of the economy, overwhelming those smart local governors who know what’s what. It’s the first time I can recall seeing a reporter bring up the Tenth Amendment in the briefing room! I’m just seven more amendments from Bingo.

It is a fun little game, though a little tiresome. The media knows Trump well enough to grok that he will react to any questioning of limitations on his power by projecting his normal “Whatever, I can do what I want” persona. He often likes to pretend that is the case, though when pressed on the details yesterday, he just maintained that it would be politically untenable for states to stay closed after the White House announces things are back open. Which is, let’s face it, probably true.

As a legal matter, Trump assuredly does not have the power to order states to do such things or overrule their governors on the matter without provoking a major legal fight. But all of this talk about whose authority must be respected leaves out the practical reality at play here: the American people will decide when the economy is reopened. Until their fears fade, you can’t just flip a switch and make them go out to eat or interact or buy luxury goods. As Chris Jacobs notes: “Just because the Trump administration gives word that individuals and businesses can reopen doesn’t mean that most, or even any, of them will do so.” 

The governors of northeastern states and the west coast states are banding together on this matter and looking at determining their benchmarks and reopening plans. As a legal matter, that’s where the Constitutional authority lies. As a policy matter, it makes sense to approach this regionally. And as a political matter – the most important to said politicians – it spreads the blame among a number of politicians instead of just one. This makes it ideal. 

But the idea that even they can just reverse this process overnight – by dint of the president, or a governor, or a mayor, or anyone else in elected office – invests far too much in politicians as the drivers of economic activity. If Americans don’t feel confident that they are safe to conduct commerce, their activity will be altered significantly, particularly as it relates to places viewed as high risk, and in response to new and inevitable spikes post-reopening.

And on the other hand, those who desperately want to reopen and exchange in goods and services will do so in spite of any regulatory burden that is not delivered at the end of a gun. Just go to any mid-sized neighborhood and you’ll see that the number of small businesses that are quietly reopening, despite not offering an essential service, is growing every day. They are testing the limits of the willingness of police to shut them down. And really, unless they end up going viral, the cops are looking the other way. 

The divide between urban America and everywhere else matters here. In the vast sea of suburbia, communities simply lack the police power to keep places shut. When the only thing blocking you from going where you want to go is a piece of paper, and when there are not enough officials with badges to ascertain where people are driving or walking and why, people start to behave normally. While dense cities have the power to enforce many things, outside of their limits the amount of land mass you have to cover to keep people inside is just impossible. They just don’t have the manpower. You can keep the Walmart from selling seeds. You can’t stop the kids on the side of the road. Imagine a speakeasy, except for everything.

Unless someone complains about what’s going on, most police who lack the Richard Jewell intensity are typically happy to let people make their own choices. The other day I realized that a nearby store and repair shop had reopened. They didn’t have a sign in the window, they weren’t broadcasting that they were open, but I saw half a dozen people walking in and out, carrying things to get fixed in a small, cramped store full of surfaces. No one was talking to each other, but nods were exchanged, and the workers inside were going about their business. Hey, it’s a free country, brother.

Churches are doing that, too, with secret vigils cropping up everywhere. They’ve quickly discovered that if things are unannounced and doors are left unlocked, who are they to prevent people from gathering to pray? The megachurches may not be able to play their drums, but you’re fooling yourselves if you think they aren’t gathering together to break bread and worship. Tim Carney has a piece today calling for churches to reopen. That’s a fine debate to have, but it also requires pretending they’ve really closed, when many of them have just scattered into dozens of tiny denominations. They even have their own shibboleths.

These tight-knit communities are defying the demands of officials not with brash mass events or loudspeakers, but by silently gathering in ways they will never share with the outgroup. In this, such groups reveal themselves to be the true communities within an atomized nation, and they’re all in this together. 

Government and policymakers often operate with the illusion of total control. They assume something generally true in normal times that becomes less true in abnormal times: that because an order is given, the American people will abide by it. 

Many people will. But many others won’t, and that number will increase steadily as citizens and communities test the limits of what they are able to do. That is as it should be in a republic marked historically by a remarkable lack of docility, and an eagerness to “live free, talk free, go and come, buy and sell, be drunk or sober, however they choose.”

Woman, 106, believed to be UK's oldest patient to recover from COVID-19 leaves hospital

A 106-year-old woman believed to be the UK's oldest patient to recover from coronavirus has been discharged from hospital.
Great-grandmother Connie Titchen, who has lived through two World Wars, was admitted to hospital last month with suspected pneumonia and was later diagnosed with COVID-19.
 She suffered from the virus for just under three weeks before being given the all-clear by medics this week.

On leaving Birmingham City Hospital, she said: "I feel very lucky that I've fought off this virus. I can't wait to see my family."
Ms Titchen's granddaughter Alex Jones said the grandmother-of-five and great-grandmother-of-eight has led a "really active life" and had loved to dance, cycle and play golf.
Ms Jones added: "She has always cooked for herself too, although she likes a cheeky McDonald's every now and then. I haven't told her they are closed."
Sandwell and West Birmingham NHS Trust announced the news of Ms Titchen's recovery in a Facebook post, writing: "Someone else we'd like to give our own round of applause to is Connie.

"She, like others, is heading home from City Hospital having successfully beaten coronavirus.
"At 106 she is our oldest patient to do so - in fact she may very well be the oldest in the country to do so! Well done Connie."

Ms Jones, 40, said: "I think the secret of her old age is that she is physically active and very independent.
"She had a hip operation back in December and within 30 days she was walking again.
"She really is amazing and I know all the family can't wait to see her. She has quite a few fans!"
Ms Jones praised staff at City Hospital, saying she "can't fault" her grandmother's care.
"I want to thank the staff for all they have done for her during her stay," she added.

Sister Kelly Smith, who looked after Ms Titchen, said: "It's been fantastic to see Connie recover. She is amazing and we've been doing our best to nurse her back to health.
"We were really pleased when she was given the all clear. It's nice to see patients leave our ward after having beaten this virus."
There have been several cases of older patients recovering from coronavirus in the UK in recent weeks.
Second World War veteran Albert Chambers, who turns 100 in July, was given a guard of honour from nurses at Tickhill Road Hospital in Doncaster after overcoming COVID-19.
And 101-year-old coronavirus survivor Keith Watson was pictured with his thumbs up after being discharged from hospital in Worcestershire.
https://news.sky.com/story/coronavirus-woman-106-believed-to-be-uks-oldest-patient-to-recover-from-covid-19-leaves-hospital-11973624

NEC Director Larry Kudlow Discusses Reopening The U.S. Economy


National Economic Council Director Larry Kudlow appears on Fox Business to discuss the administration plans to re-open the U.S. economy.  Something is going to need to happen prior to May 1st, or the long-term economic challenge is going to be much more difficult.

Kudlow again notes a ‘bring back manufacturing’ proposal with 100% tax deduction (expensing) for U.S. manufacturers to relocate their manufacturing supply chains out of China and back to the U.S.  The Beijing lobbyists would go bananas.






Trump Halts Funding to WHO...


Trump Halts Funding to WHO 
Pending Review of 
Agency’s Handling of Coronavirus Pandemic
President Donald Trump takes questions as he addresses the daily coronavirus task force briefing at the White House, April 13, 2020. (Leah Millis/Reuters)

President Trump on Tuesday announced he would halt U.S. funding to the World Health Organization pending a review of its handling of the coronavirus pandemic.

“Today I’m instructing my administration to halt funding of the WHO while a review is conducted to assess the WHO’s role in severely mismanaging and covering up the spread of the coronavirus,” Trump saidat a White House press briefing. “The WHO failed in this basic duty and must be held accountable.”
It was not immediately clear if the order will cover all or part of U.S. government funding of the organization. The U.S. contributes over $400 million to the WHO every year, or 15 percent of the agency’s annual budget. (China funds 0.2 percent of the WHO’s budget.)

“The silence of the WHO on the disappearance of scientific researchers and doctors, and new restrictions on the sharing of research into the origins of COVID-19 in the country of origin is deeply concerning. Especially when we put up by far the largest amount of money,” Trump said. Over the weekend China mandated that research papers on the origin of the coronavirus must be approved by the state before publication.

Trump further assailed the agency’s criticism of travel restrictions the president imposed in January on travelers who had passed through China.

“The WHO’s attack on travel restrictions put political correctness above life-saving measures,” Trump said.

The president has previously indicated he would consider cutting U.S. funding to the WHO entirely. The agency has also come under fire from U.S. lawmakers for allegedly whitewashing Chinese government mismanagement of the coronavirus outbreak in Wuhan, which has since spread into a pandemic.

Taiwan in March accused the WHO of failing to publish early warnings from Taiwanese medical officials that the coronavirus could be spread via human-to-human transmission. China, which does not recognize Taiwan as an independent country, does not permit the WHO to accept Taiwan as a member state.

Money Is Losing Its Meaning

 

Article by Jared Dillian in "Bloomberg":

Doing “whatever it takes” to save the global economy from the coronavirus pandemic is going to cost a lot of money. The U.S. government alone is spending a few trillion dollars, and the Federal Reserve is creating another few trillion dollars to keep the financial system from collapsing. A custom Bloomberg index measuring M2 figures for 12 major economies including the U.S., China, euro zone and Japan shows their aggregate money supply had already more than doubled to $80 trillion from before the 2008-2009 financial crisis. 

These numbers are so large that they no longer have any meaning; they are simply abstractions. It’s been some time since people thought about the concept of money and its purpose. The broad idea is that money has value, but that value is not arbitrary. Former Fed Chairman Paul Volcker once said in an interview that “it is a governmental responsibility to maintain the value of the currency they issue. And when they fail to do that, it is something that undermines an essential trust in government.”

The dollar has no real intrinsic value, backed only by the full faith and credit of the U.S. government. Under a fiat currency system, the government says that a dollar is a dollar. Its value relative to things such as other currencies and gold is determined on global markets. Gold is considered to be an objective store of value, and the metal’s rise in dollar terms can be expressed another way, which is that the dollar fell in gold terms. That implies the market has rendered a decision on the value, or rather, the purchasing power of the dollar.

The three main functions of a currency are as a unit of account, a medium of exchange and a store of value. It is that last function that is most important. Ideally, a central bank would want its currency to retain its value over time. The era of flexible monetary standards, however, allow central banks to manipulate a currency’s value to help fight recessions as well as smooth out and lengthen business cycles at the expense of inflation. But even low inflation, say on the order of  2%, will greatly erode the purchasing power of a currency over time.

And if there are too many dollars in circulation, the monetarists would say that the value of those dollars has diminished, eventually leading to higher prices for things. That theory hasn’t worked too well in the last decade, because inflation has been low and stable, but it is too soon to declare it discredited. The transmission mechanism that results in inflation is not well understood, even 45 years after the last great period of inflation.

It took a while, but it seems as though the U.S. government has decided that it has no constraints on its spending, as long as the Fed continues to monetize government borrowing by purchasing the debt issued to finance expenditures. It’s not crazy to think government spending may reach $10 trillion – for just one year! And the numbers will go up from there. 

Nobody really knows how this is going to turn out. In smaller economies, runaway government spending has resulted in hyperinflation and social unrest, such as well-documented cases in Venezuela and Zimbabwe. Many think that wouldn’t be possible in the U.S. given the dollar’s role as the world’s primary reserve currency. Perhaps, but it’s not one of those questions we’d really want to experiment with.

If all this money that’s being created does spark inflation, or at least boost inflation expectations, it will be difficult - if not impossible - to reverse. Inflation rates soared in 1979, but that was during a time, unlike now, when most government officials believed that balanced budgets and careful spending were important. A blistering series of interest-rate hikes pummeled inflation expectations, but the result was a hurricane-force recession. Argentina, which has more or less been practicing MMT for some time, proves that it’s hard to put the inflation genie back in the bottle. Argentines have been hoarding dollars—the only practical store of value, other than gold—for decades. They probably view recent events in the U.S. with some trepidation.

The counterexample to all this is Japan, which historically has had the most debt relative to the size of its economy and the most radical monetary policy, and yet has a peaceful, productive society with scant inflation. Demographics explain a lot about inflation and inflation expectations, and Japan’s steadily declining and aging population has put downward pressure on prices for years in spite of all the printing. Economists and central banks generally fear deflation more than inflation because it can hinder investment. History has shown that persistently high inflation rips societies apart; in deflation, people band together.

Throughout Venezuela’s economic crisis, we saw images of ordinary Venezuelans tossing their useless bolivars in the streets. That is what happens when money has lost all meaning; it is in jeopardy of becoming a commodity when it is supposed to be a scarce resource. There are a million reasons why the U.S. will never meet the same fate as Venezuela, but you still don’t want to tamper with people’s perception of the value of money. After you throw a few trillion dollars around, people start to believe that it’s all a big joke.