Judge Rules That Virginia Governor’s Gun Range Shut Down is Against the Law

A Virginia judge has ruled that Democrat governor Ralph Northam’s closure of indoor gun ranges due to the coronavirus violates gun right laws in the state.

Judge F. Patrick Yeatts of the 24th Judicial Circuit of Virginia ruled in favor of Lynchburg Range & Training, which challenged Northam’s shutdown order in the court.

The Washington Free Beacon reports that Judge Yeatts said the governor’s emergency powers are limited under Virginia law and cannot restrict the “otherwise lawful possession, carrying, transportation, sale, or transfer of firearms.”

“The governor appears to argue that, when he declares a state of emergency, he can ignore any law that limits his power, even laws designed to limit his power during a state of emergency,” Yeatts wrote. “The Court cannot agree with such an expansive interpretation of the Governor’s authority.”

The Northam administration attempted to defend the ban by pointing out that outdoor ranges are still open, but Judge Yeatts shot them down saying “the right to keep and bear arms is not relegated to the outskirts of the city and of fundamental rights jurisprudence.”

“The Court understands the Governor’s desire to protect the citizens of our great Commonwealth. But in taking steps to stop the spread of COVID-19, he took a step beyond what is allowed by [Virginia law],” he said.

The judge then granted a temporary injunction barring the state from closing Lynchburg Range & Training, but the injunction does not apply to all ranges in the state. However, it did lay the groundwork for overturning the ban statewide.

“We’re weighing our options because our ultimate goal is that we want all indoor ranges free of this,” Philip Van Cleave, president of the Virginia Citizens Defense League, told the Free Beacon. “What the judge laid out was great reasoning why, really, none of the ranges should be falling under this.”

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Doctor-Turned-Senator Who Predicted Pandemic Outlines Steps America Needs to Now Take

In 2005, then-Sen. Bill Frist had a message for Americans: a pandemic was coming, likely out of Asia, and due to increasing global travel, it would likely affect the United States. Now Frist, a doctor himself, is looking at how and when America can safely reopen. One example of a locale doing it right, in his view? Nashville, Tennessee. Frist, a member of the National Coronavirus Recovery Commission, joins the podcast to talk about his 2005 prediction, what Nashville is doing, and more. Read the lightly edited transcript, posted below, or listen on the podcast:

We also cover these stories:

  • President Donald Trump tweets, “Why should the people and taxpayers of America be bailing out poorly run states … ?”
  • House Speaker Nancy Pelosi says that the next coronavirus relief bill will include a provision for vote by mail.
  • Attorney General William Barr announces a new effort to ensure Americans’ “civil liberties” aren’t attacked during the pandemic.

The Daily Signal podcast is available on Ricochet, Apple PodcastsPippaGoogle Play, or Stitcher. All of our podcasts can be found at DailySignal.com/podcasts. If you like what you hear, please leave a review. You can also leave us a message at 202-608-6205 or write us at letters@dailysignal.com. Enjoy the show!

Rachel del Guidice: I’m joined today on The Daily Signal Podcast by former Sen. Bill Frist of Tennessee, who sits on The Heritage Foundation’s National Coronavirus Recovery Commission. Sen. Frist, it’s great to have you on The Daily Signal Podcast.

Sen. Bill Frist: It’s great to be with you today. Thank you.

Del Guidice: Well, thank you so much for making the time and for being with us. We do appreciate it. To start off, senator, can you tell us about the National Coronavirus Recovery Commission and your work on it?

Frist: The commission is a fascinating group of people, first, that represent a great deal of diversity. We have breadth from the consumer side, from the government side, from the nonprofit side, from the academic side, from the foundational side.

We come together and over a period of four or five weeks studying, participating, engaging on how we open the economy, following and during this ongoing pandemic.

The ideas are rich. The ideas are bold. They are very practical. They’re aimed at mayors, at local communities, at states, and the federal government as well.

Del Guidice: Something that the commission has recommended is a five-phase plan, that you all have talked about and agreed on. Can you tell us about the recommendations in this five-phase plan?

Frist: Yes. We’ve come up with really about 40 different recommendations and the recommendations will be changing in time. We’re meeting on a regular basis. We are engaging each other. We have outside experts coming in.

Just like this virus is constantly changing in our own communities and the repercussions that it is having, devastating in so many ways to the economies and to individuals in public health, our recommendations will be changing as well.

It is a phased plan because we take certain dimensions. The first we take, and it’s not in chronological order, is to start this concept of opening. It starts as a concept and then goes to execution and implementation.

We do that, and then the following recommendations come back and face the reality of where we are with the pandemic, that first we have to keep this cagey virus, which is intercepting in all aspects of our life, … under some element of control.

In our phases, we recognize that it’s going to be a long time and coming before we have total control, but we have to move right now from what we call population mitigation.

That is where everything is shut down on order of our governors, on the order of our executive branch and our federal government, and on the order of our mayors. That’s population mitigation.

It’s a blunt instrument. It brings everything to a stop. It creates a psychology and a psyche of anxiousness, of uncertainty.

We’ve moved it through that, with now about a week and a half ago, of a peaking of the new cases of the virus. We’re about a week and a half to where the new cases are beginning to become less and less each day.

As that has occurred, because we can’t reopen the economy until we get the virus under control, we do move from population mitigation to individual containment, instead of all 350 million people hunkering down.

We’ll be able focus much more on individuals and we call it individual containment.

A lot of people set up this false choice of it’s either public health, save lives, fight the virus versus re-economy of opening up our states and opening up our small businesses and getting back to a normal life. That’s a false choice.

We talk about that in the committee and the real choice we have today is looking at the unaffordable containment, individual containment, containment of the population versus affordable containment.

Meaning yes, it’s going to be tough. … We still have to have containment that may be of more specific populations, of specific individuals, and that’s where the testing comes in and the tracing of individuals comes in.

But a type of affordable containment to allow our economy to open back up, to where unemployment—which is as high as 15% today, it may go higher—can get back down to much more normal levels, over time.

Lastly, as we move through these phases, we understand that this is not a week, five-week process. This is a multiple months and probably a year and probably a year and a half process until we get back to a normal, new normal.

Del Guidice: Something that the commission is recommending to President [Donald] Trump is that they direct agencies not to enforce a lot of regulations against small businesses. What do you think this looks like moving forward?

Frist: One thing that we do realize—and I think the virus is devastating and cruel as it is, especially to vulnerable populations, where we do need to focus attention—is the fact that this country has been over-regulated, that these regulations, top-down regulations … have stifled small business, make it next to impossible.

That’s an exaggeration, but next to impossible of even starting a small business today, compared to what other tempers allow, what we’ve been able to do in the past.

These regulations, piled upon the regulations in the COVID emergency, have been pushed aside with the expediency of being able to address the virus and with the pressures it has. That stripping away of regulations, I believe, is going to have to continue.

We realize these regulations have become a burden even pre-COVID and that now we’re going to strip away some of those regulations.

That process, even pre-COVID, had the gun by the current administration. I think we’ll accelerate that going forward, in order to stimulate the economy.

[We] still need regulations around safety and protection of individuals and protection of individual rights, but the excessive regulations on access to capital, of the paperwork that is required and numerous documents that are filled out, we’re really looking at those.

The countries will be looking at those and some of those will have to be reinstated over time, but they certainly won’t be reinstated to their point they were in the past.

So, I think what the COVID climate has done [is it] has accelerated a deregulatory process that was already underway, pre-COVID, by the current administration.

It has accelerated that with a focus and understanding that appropriate regulation by our government is appropriate and is important, but not when it becomes a burden to stifle innovation and creativity and the greatness of America, which emerges with imagination and the flow of capital.

Del Guidice: You’ve tweeted about Nashville Mayor John Cooper’s four-phase approach to begin preparing for and systematically reopening. You’ve talked about how it’s scientifically-based and data-driven. Can you talk a little bit more about his approach and if you would recommend it for other areas?

Frist: You specifically mentioned Mayor John Cooper in Nashville, a metropolitan area of about 750,000 people, so a typical mid-size town. Not on the East Coast and not on the West Coast, where so much of policy and the news is driven, but really mid-America.

A functioning, active, vibrant community that, like so many others, has been devastated in many ways in the short term by the virus.

What I have done, in advising Mayor Cooper and working with his really excellent staff of epidemiologists and physicians and members of the chamber and the business community, is taking what we generated at that level of The Heritage Foundation and our task force, our commission, and accelerated that and applied it to a city.

As you people will see, as they look at the recommendations from Heritage, we basically say that federal has a role, but probably a more important role is the states and that ultimately, in terms of execution and implementation, it’s at the local level, the level of a community, of a ZIP code, of a city.

I took those principles, and those principles really are as follows: As we move a population mitigation to individual containment, we need to be able to identify the enemy. The enemy is a virus.

The virus affects vulnerable populations disproportionately to others. It knows no color. It does disproportionately affect Latinos and African Americans and people low on the social economic ladder. Therefore, we need to do special things for those populations to protect and to promote to their overall well-being.

So, the concept of getting it down to the local level is one that we applied in the city.

No. 2 is testing. You’ve got to know the enemy, and the only way to know that the enemy is to be able to test for it. And our country has failed miserably in the testing of identifying the virus, both the test to identify the current virus, the PCR, the polymerase chain reaction tests, as well as the antibody test.

We have failed, and we continue to fail, and we need to capture private enterprise and work in public-private partnerships to improve that so we’ll know who has been infected.

So, at the local level, we have promoted testing in contact tracing, that’s where you identify somebody who is positive [and] you find the 10 contacts they’ve had with more than 10 to 15 minutes of contact. You call them, you tell them to self-quarantine.

And if they can’t self-quarantine because they’re in a home with 20 or 30 other people who come in the home or they are homeless, … step up and provide them a place to quarantine, and that takes a public investment at that local level.

So, the testing is a big issue. Identify the enemy, but once you do that, you can flatten the curve, it will not spread throughout the community itself.

You can allow the restaurants to re-open and you tell those restaurants you still need to do the social distancing, the physical distancing. You need to not let people sit at bars that are crowded. You need to have disposable menus. You set those guidelines in place.

And then phase down. We have four phases in Nashville, we phase them in over time so that at the end of about two months you can be back to a near normal, at least near normal in terms of the structure itself. The Heritage recommendations have been very important to shaping what we do locally in Nashville.

Then the last thing, and maybe the most important, is that it goes in phases. Every phase is two weeks long. If you don’t meet certain criteria that are based on efforts and analytics and measurement, you fall back to the previous phase and do not advance. …

It takes testing, it takes results. But then based on that testing and those results, you measure, measure, measure, and demonstrate that that virus is being contained.

Remember, it’s individual containment, and if you can individually contain it, you continue to open the economy and bring back the vibrancy and the dynamism of what we know about what the capitalistic system can bring.

Del Guidice: Sen. Frist, actually, one of my next questions was about that contact tracing situation that we’re talking about now as a potential option.

How does that work when it comes to oversight? Do public health officials review those different stipulations or practically in a community? Can you talk us through how it would work?

Frist: Yes, and it’s a great question. It’s one that a lot of people don’t fully think through because it’s easy for people like me and others to say, “That is the answer.”

And indeed it is the answer, and it does not necessarily involve a lot of technology, although, hopefully, technology can be applied to see who you’ve actually been in contact with for how long. Of course, that brings up privacy issues.

But the contact tracing is a concept that goes back literally hundreds and hundreds of years, and it’s no different. When you have a pathogen, a virus, typically one person will get to three people or four people, and that’s what this virus does.

If you have a certain amount of containment and isolation, that person either will give it to nobody or give it to one person. And if you just give it to one person, the virus will eventually die out.

So, what do you do with containment? Right now, Massachusetts has led the way, and they are using untrained, initially volunteers, but now paid, that are actually making phone calls to these 10 associated contacts and telling them what to do. You can use technology to do that, but that takes the hiring of a lot of people.

Remember, probably 5% of the overall population have had the virus today, and it may go up there, 10%, 20%, or 30%, so we’re talking about a lot of people.

Is it a government function? Is it a private-sector function? I’ve written a lot about this, and believe strongly it’s got to be a joint public-private partnership.

Our public health system has been underfunded in the past. It doesn’t have the experience at this point with the human capital on hiring or running such a complicated program, thus we need to have the public health, the leadership, that infrastructure that we need to partner with the private sector, with businesses, with companies, with private companies who actually do this, with the employers themselves.

That partnership will allow this tracing to go forward in a way that will be a successful population mitigation to individual containment.

The public-private partnership is critical. I think, if there isn’t another fund coming out of Washington, D.C., we have to be very careful because we’re [increasing] our deficit, [increasing] our debt, so you have to be very careful. I would argue, instead of these blunt instruments of just cash being sent out, which does have a role.

But I think we’ve done so much of that, that our next round should be targeted with maybe $5, maybe $10 billion, we’re working on the figures themselves, to hire 180,000—yes, that’s 180,000—new people who will be doing this contact tracing over the next year.

It’s very targeted, it would actually help put a lot of people back to work in the short term. And we know, based on all the data, all the science, everything we know about these viruses, that that is the surest way to successfully, individually contain this virus and allow our economy to grow as quickly as possible.

That is what I feel, and our Heritage recommendations have not proposed to that yet, but I do feel, as someone who’s studied it and has been involved in SARS back in 2003 and anthrax and heavily involved with HIV/AIDS, based on my experience, I think this targeted approach of hiring 180,000 more people today to do the contact tracing is the quickest way to beat down this enemy, the virus, and allow our economy to resume.

Del Guidice: Well, some states like Colorado and Georgia are taking initial steps to reopen. I’m curious, what are your thoughts on what they’re doing?

Frist: I have talked to other states, and I’ve talked to our governor in Tennessee. And what I stressed to them is what I stressed to the mayor and what the mayor in Nashville is doing, and that is extensive testing, both the PCR to identify who is sick and who is not.

I’d start with everybody in the hospital should be tested … all the people who are pushing the carts around and the doctors and the nurses because they’re on the front line. … All of the people running nursing homes and delivering the food should be tested, and they’re not today.

It’s obvious that those sort of places should … begin testing, that they need to test extensively, the PCR test as well as the antibody test.

They ought to immediately set up the metrics about when they would open and expand the economy and when they would close the economy.

If a second wave comes in, as it does, in the fall—as it does for most of these pandemics. If you look over the last 10 pandemics in this country, you need to be able to tighten up.

So, it’ll be like an accordion. Opening, and then if the metrics and the measurements based on the testing show no, the virus is getting out of control and it’s beginning that growth and then that goes to that exponential growth, we have to close that accordion down based on those metrics and that data.

If that’s built in at the state level, and if that’s built in at the local level of a city or a county, we can successfully get this economy back.

So to answer your question, I’ve not talked to those two governors, but I would encourage them strongly to use metrics, say they’re going to use metrics, say they’re going to use the analytics and use that data.

Del Guidice: What is your perspective on some situations we’ve seen that happened recently over Easter?

I know one situation that happened was in Mississippi, where some churchgoers were ticketed $500 after they attended a drive-in outdoor church service in their cars. Would you say some cities are abusing their power in these times?

Frist: I’m just not familiar enough with it and what they’re doing. I think, overall, the churches, the mosques have responded well as individuals.

The individual sort of engagement and how people have used it, in terms of compensation, of either participating or not participating, I haven’t really studied enough to know or to comment on that intelligently.

Del Guidice: You mentioned earlier your experience in medicine and as a surgeon as well. How has that impacted your perspective on the coronavirus pandemic?

Frist:  Well, it’s really interesting. I did 20 years of medicine. In my 10 years of heart and lung transplant, I did hundreds of heart transplants and lung transplants. And that’s what I did before getting into the policy world and in the business world.

And the No. 1 enemy that I had, my sort of antagonist, the thing that would beat me down or I would beat it down, is the virus.

That’s because I gave my heart transplant recipients, after I transplanted the heart, I gave them drugs to push their immune system down. And when the immune system gets pushed down, these viruses take advantage of that and invade the body, they invade the heart. And my patients would have to fight infections.

So the virus has been an enemy of mine for a long time.

When I went to the United States Senate, I became very involved with President Bush and we were fighting another virus at that time, it was called HIV, and we know it well.

But remember, at the time that we passed a large presidential emergency plan, President Bush, and I was running in the Senate at that time, there were 3 million people a year dying every year of that virus. …

It was bipartisan all the way, both sides working together. But under President Bush’s leadership and me as majority leader at the time—and at that time, the House was Republican, but, again, it was bipartisan— … we reached out around the world, as well as here at home, and we established PEPFAR [the President’s Emergency Plan For AIDS Relief], we invested $15 billion.

That particular legislation has left 20 million people alive, 20 million people alive today who would definitely have died if the United States and the American people and the American taxpayer had not acted. So I think of that a lot.

Then in 2005 I wrote a paper, … I ended up giving 20 different speeches around the country. And the paper you can find in The American Mind today at the Claremont Institute … because they republished it about a month ago.

It argued for a Manhattan Project, it actually said a greater than a Manhattan Project to fight the inevitable pandemic that will come sometime in the next 15 to 20 years, likely out of Asia because of the congestion there and the markets there, made possible because you have airplanes and you have such a small, interconnected world.

But I predicted accurately that this would come out of Asia and that was in 2005. I gave that speech and even though I was majority leader and was on the Finance Committee and the public and the health committee, I was unsuccessful at the time in passing that project.

But there we looked at vaccines, to speed up vaccines. I wish we’d done that today. Instead of waiting a year and a half, we could probably do it in six months.

We said, “Invest in the R&D, research and development, around viruses and the modeling.” And again, if we’d only done that, then we’d have been prepared today. I said we need to heavily invest in our stockpiles to fight these viruses in the future.

And as we all know, whether it’s protective equipment or whether it is the antiviral agents or whether it is the ventilators, we under-invested grossly in what our stockpiles would require.

So my past has been heavily involved in fighting viruses as a doctor. As a policy leader, I did my best, although I failed in the Manhattan Project to fight pandemics in 2005. And this time around, I am very hopeful and I’m just a private citizen now.

I’m a private citizen now and I’m not in government and I’m not doing heart transplants. But I do want to be a loud voice to articulate that pandemic will come back even after we get through this.

These viruses are for their own survival, they can move faster than we can and our immune systems are not immune. They’re not active against all viruses. And we will have another pandemic for sure … unless we can … get better prepared.

This time we were flat-footed. We were not prepared, even though all the warning signs were there.

Del Guidice: Something else that comes along with this pandemic is the economic toll that we’ve seen. What is your perspective on that piece and how do you think we should respond as a country to help people get back to work?

Frist: … At the Heritage committee, in this great resource of diverse people in our community, we talk a lot about the economic cost.

The great lockdown has caused the worst recession since the Great Depression, I believe. I believe we’re going to see that, … we’re going to feel that. And I think it’s going to be far worse than the global financial crisis.

I’m thinking globally now, overall. Our global economy is going to shrink by 3% if the pandemic fails to recede in the second half of this year. We just don’t know.

A lot of people are modeling that it won’t, but these viruses are just so unpredictable. If it fails to recede, the global economy’s going to shrink by another 3%.

Unemployment in America, 24 million people in the last four weeks had filed for unemployment. Right now unemployment is 15%. It’s probably true unemployment’s higher than that.

Yes, in the Great Depression it was up at 25%, but the difference is that the pandemic we’re seeing today, … it hit quickly and the economy was buzzing and doing well, then all of a sudden [people are] unemployed. Hotels in Nashville, Tennessee, have gone from 87% occupancy to today it’s around 7% to 8%, all of those people that are out at work.

And we may see unemployment above 30% in the second quarter. At least some predictions, I know the Federal Reserve Bank of St. Louis has predicted that.

The responses by government have been there, all in all I I would give a B+ to A. If you look at finance ministries and central banks all over the world, they have done sort of their utmost to help people for this economic shock. …

Most people in the U.S. have used these tools from the financial crisis of 2009 with the quantitative easing, which is purchases of all kinds of assets by central banks has occurred in huge, huge quantities.

And to be honest with you, just as an aside, it’s almost too big. It’s sort of threatening with the Fed Reserve balance sheet—I think it went from $4 trillion to about $6 trillion. But the quantitative easing is working and I believe it is a positive thing.

Secondly, the deficit financing, the CARES Act, which is sort of a general purpose bailout of checks to everyone—not a stimulus bail, there’s nothing to stimulate—is $2 trillion and then another half a trillion last week. But we have this federal deficit.

It was expected to be 5% of GDP for 2020 three months ago, four months ago, and it looks like it’s going to be up to 15%, not just in the United States. The U.K.’s public sector has net borrowing as well, large with public data above 100% of GDP. But the world, the public debt is soaring.

Again, the stimulus, it’s a little bit like when I’m a heart surgeon and somebody comes in in shock. … The first thing we give them is just sugar water and the sugar water, yes, it keeps our heart going, but it doesn’t have any of the nutrients that oxidized blood would have to sort of get them back to life.

So we’re kind of pumping money to keep things going, but we’re really not stimulating the economy itself.

I can’t look into the crystal ball with predictions, [but], not a lot of people, but a lot of economists, if you listen to them, think that we’ll turn the corner in the second half of this year.

And I’m not quite that optimistic. But so far I would give our government a strong B+ or A in the response today. Again, I’m worried about the deficit and debt.

Del Guidice: Lastly, Sen. Frist, we’ve seen people in some states like Michigan have protested the lockdown. I want to know what your thoughts on the protest have been and also, if there’s anything you would like to tell those protesters, what would that be?

Frist: Oh, protesting is a part of America and it’s a great part of America and I have a little bit different perspective because of having been in Washington for 12 years and I have been majority leader.

I look at protest through the lens of its freedom of speech. It gives people pause. It sometimes focuses you in the right direction. And so I tend to say protests are OK.

What’s different about today and what I don’t have a full understanding of is how much of these protests are being investigated by certain nefarious originating entities, whether it’s people overseas, Russia, splinter groups here in the country.

So what I do is say back, “OK, there are two sides that are oversimplified here.” Rush ahead and open the economy is one side versus the public health, keep everything locked down.

Somewhere in there the balancing act has to be done because keeping the economy closed kills people. It takes away their livelihood, their spirit, their hope, their imagination, food on the table, unable to buy prescription drugs. So there’s a cost to that.

But to balance that with the cost of opening up then becoming less restrictive on the public health, the physical distancing, the keeping people separated in the lockdown down there.

Because we know, as we lift those restrictions, people are going to die. Just, they’re going to die. The virus kills. We’ve seen that as a fatality rate of 5%, probably a lot less than that. But if you today say confirmed cases versus the people who’ve actually died, it’s 5.4% and, therefore, it’s a balancing act. And that’s the way I viewed the protest.

For the protesters themselves, I said, “This is your right as an American to protest. But do recognize that on the public health, all of the data shows that when we loosen restrictions, you are killing people. People will die.”

What we need to do is open up at a pace where we minimize those fatalities. We maximize well-being and, therefore, we do it at a pace.

Nobody knows exactly what that pace is, but we will know as we get the data, which comes back to why I think the metrics are important, which requires the testing.

And we can’t have people in Washington, D.C., going on every night and saying, “We have adequate test.” Because I can tell you, as a doctor, as a former policymaker, as somebody who’s on the ground, we do not have the test.

Let me just mention, because I know you want to wrap things up here, there are unknowns as we speak. As people come back and listen to our discussion two weeks from now or a month from now, hopefully we won’t call them this, but I call them the known unknowns.

That’s what makes this tension there and the protest there and the challenge that governors and policymakers have, is what we talk about in our Heritage Foundation task force meetings, commission meetings.

No. 1, how many infected people do we have today without symptoms? Because this virus—like almost all others causing pandemics—is unusual in that it causes infections even when you feel healthy and you have no symptoms. That’s why we need the testing.

No. 2, what is the true infection fatality rate? I said there’s a mortality rate of 5.4%—I don’t believe it’s that high, really, but if you look at the numbers so far, because of inadequate testing, it is.

But we don’t know, if you have that virus, what the likelihood of you dying actually is today. It’s a known unknown. We will know it with more testing.

No. 3 the immunity. How long does the immunity last post-infection? We don’t know that. We don’t know.

There’s a report out of China last week that basically says, it came through the World Health Organization, … that this virus may not cause very much immunity and it may not give you much more than a few days of immunity, but I’m not sure.

I don’t know if you agree or disagree with that, but we just don’t know. Is it weeks, is it months, is it years?

[No. 4,] how seasonal is it? Does it have a seasonality to it? Will the virus recede as spring turns to summer? We don’t know.

And No. 5, what are the impacts on the heart and the lung long term and the neurological damage?

The report last week [says] that young people are having strokes after having had the virus when they’re 20 and 30 and 40 years of age and it has a direct impact on the heart long term. We don’t know.

And lastly, which does have a huge economic impact in everything we’ve talked about in terms of opening and closing like an accordion, will there be a second wave as there are with most pandemics? That is in the fall, will there be another surgence in the virus itself?

I mentioned those known unknowns because every day that goes by, we come closer to making those known knowns. We don’t have it yet and that’s why we need to be flexible. We need to be flexible in our recommendations.

If a recommendation doesn’t seem to be working out, we need to be humble enough to back it up and put new recommendations out there if that’s what the data and that’s what the science shows.

The long term, we’re going to be OK with all this. It’s going to be a huge insult to families and too much death, too much destruction, the economy badly damaged, but with the American spirit, ingenuity, and creativity, we’re going to get through this and we’re going to win this battle.

Del Guidice: Sen. Frist, thank you so much for joining The Daily Signal Podcast and for unpacking all of this with us today. We really do appreciate it.

Frist: Thank you very much. It’s great to be with you.

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Trump Backs DOJ Move to Safeguard Constitutional Rights Amid COVID-19 Crisis

President Donald Trump seemed supportive of Attorney General William Barr’s directive to protect the individual rights of citizens against the potential encroachment by state or local governments. 

Asked in the Rose Garden press briefing Monday if the administration would bring lawsuits against states, Trump left the door open. 

“It would depend on the circumstances of the state. Some states are perhaps a little early. Some states are a little bit late,” Trump said when asked if the administration would sue states or cities. 

>>> When can America reopen? The National Coronavirus Recovery Commission, a project of The Heritage Foundation, is gathering America’s top thinkers together to figure that out. Learn more here.

The Daily Signal first reported Monday that Barr directed federal prosecutors across the country to be on the lookout during the COVID-19 crisis to ensure that state and local governments do not overreach, stating in a memorandum, “the Constitution is not suspended in times of crisis.”

Trump said he read about the memorandum. 

“Frankly, the attorney general doesn’t want to have rights taken away,” Trump said. “There are some people not allowed to open up a store. They are going to lose their livelihood. By the way, that causes death also. … The fact that people aren’t allowed to have their freedom causes tremendous amounts of problems, including death.”

Trump administration officials also announced they expected testing for the coronavirus to nearly double in the coming weeks. As of now, 5.4 million Americans have been tested for the disease.  

Adm. Brett Giroir, the assistant secretary of health and human services, explained the eight phases blueprint to dramatically expand testing. 

The first phase was to build the foundation for diagnostic testing, then mobilize the private sector to develop tests. Next, the Food and Drug Administration issued emergency use authorizations—relaxing regulations—for the private sector to develop tests.

The fourth phase was to galvanize commercial and research laboratories to ramp up testing capacity, followed by facilitating state efforts to utilize all available testing capabilities. 

“The FDA has issued 67 emergency use authorizations, which is far outpacing anything that has been done or could have ever been imagined. Galvanizing the research communities in commercial labs—the reason why we are here with ACLA labs, having done about 3 million tests, is because of that day when it was galvanized by the president and the vice president,” Giroir said. 

The sixth step was to identify and expand public- and private-sector testing, then strengthen the testing supply chain. The eighth phase was to coordinate with governors and to support testing plans and rapid response programs. 

“It was enhancing the production capacity of a small company in Maine called Puritan that you’ll hear a whole lot more about that is sort of the swab provider for the country, but also because of the FDA actions and the actions of the scientific community, [is] being able to broaden the types to spin polyester so U.S. cotton can come in and start delivering within the next couple of weeks 3 million swabs per week of a different type,” the admiral said.

“Whereas we started small with commercial testing partners, you see now that we have 73 of these 2.0 sites, going to 110. Very importantly, this demonstrated the model,” the admiral continued. “And 68% of those sites are in communities of moderate or high social vulnerability and 22% are in the highest social vulnerability communities so that we can make sure the testing gets where it needs to be.”

The post Trump Backs DOJ Move to Safeguard Constitutional Rights Amid COVID-19 Crisis appeared first on The Daily Signal.

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Nothing Novel About Communist China’s Coronavirus Lies

Lying comes naturally to the Chinese Communist government, which will say anything to maintain its tight grip on the reins of power.

Officials in Beijing continue to lie about the number of deaths in Wuhan, the epicenter of the coronavirus. The official death toll is 2,500, but some 5,000 burial urns were delivered to just one Wuhan crematorium, and pictures of overwhelmed Wuhan hospitals circulated widely.

Radio Free Asia, which has excellent sources within China, says that as many as 42,000 people could have died in the city.

But the dishonesty didn’t start with the novel coronavirus. The government has been lying for 31 years about the Tiananmen Square massacre of several thousand freedom-seeking students in June 1989. Beijing insists that only a few people died and that troops were dispatched merely to quiet so-called “hooligans” and maintain public safety.

The Chinese Communist government lies about its persecution of the Muslim Uighurs in western China. An estimated 1 million Uighurs–one-tenth of the population–have been placed in so-called “education centers.”

We don’t know how many have died in these gulag-like camps circled with barbed wire while being educated in Chinese President Xi Jinping’s school of thought. Nor do we know how many Uighurs have died of COVID-19 disease.

The Chinese Communist government lied that it intended to honor its 1984 agreement with the British regarding the transfer of authority of Hong Kong to China. Ever since, like some giant boa constrictor, Beijing–enabled by an excessively deferential Hong Kong government–has steadily encroached on the political affairs of the city’s 7 million inhabitants.

The greatest lie of all was the monstrous suggestion made by a Chinese Foreign Ministry official that the coronavirus might be American in origin–that it was brought to Wuhan by the U.S. military. Such calculated disinformation was the stock in trade of the Soviet Union, whose casebook Communist China has clearly copied.

Another book the Chinese Communists have obviously read is “1984.” In George Orwell’s classic novel, truth is what the government says it is, and anyone who challenges the “truth” pays a high price.

That includes, in particular, the closely monitored social media. As one editor put it, “The truth is that the Chinese Communist Party leadership regards any reporting of the facts as ultimately a threat to the stability of the regime”–and to the authority of the 90 million members of the Chinese Communist Party.

When I visited Communist China a decade and a half ago and lectured at major universities in Beijing and Shanghai, I was usually asked how the United States and China could improve their relations. I always replied that enduring relationships had to be built on a foundation of truth, and until Beijing was willing to tell the whole truth about the Tiananmen Square massacre–as well as the human price of disastrous Maoist experiments like the Cultural Revolution and the Great Leap Forward–there could be no meaningful relationship.

The invariable response was a frozen silence.

Today, we are still waiting for the lies to end and the truth to be told about life and death in a country that one Chinese friend of mine calls “the land of the lie.”

Originally published in Fox News

The post Nothing Novel About Communist China’s Coronavirus Lies appeared first on The Daily Signal.

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Fox News dumps Diamond & Silk as lefty media exult

Two exultant, full-throated voices in support of President Trump apparently have been banished from the airwaves of Fox News, Fox Business Network, and the Fox Nation subscription video streaming service that is endlessly promoted in place of advertising during commercial breaks on the cable news channels. The last time the duo uploaded commentary to Fox Nation was April 7, but no official Fox voice even whispered a word of their eviction from the largest conservative television platforms.

YouTube screen grab

But over the weekend, Oliver Darcy of CNN noted their absence on Twitter, and yesterday, Lachlan Cartwright and Justin Baragona of the painfully progressive Daily Beast broke the story of their expulsion.

Fox News has cut ties with MAGA vlogging superstars Diamond & Silk, who had contributed original content to the network’s streaming service Fox Nation since shortly after its late 2018 launch.

The sudden split comes after the Trump-boosting siblings have come under fire for promoting conspiracy theories and disinformation about the coronavirus. “After what they’ve said and tweeted you won’t be seeing them on Fox Nation or Fox News anytime soon,” a source with knowledge of the matter told The Daily Beast.

After rising to prominence during the 2016 election, Lynette “Diamond” Hardaway and Rochelle “Silk” Richardson leveraged their newfound celebrity into regular sycophantic appearances on Fox News, resulting in President Donald Trump raving about their performances, featuring them at rallies, and treating them as “senior advisers.”

The social-media personalities were eventually tapped to provide weekly videos for Fox Nation after it launched as a subscription-based online video network. Their episodes, essentially 5-7 minute distillations of their freeform live-streams, appeared like clockwork on the streaming service until earlier this month. (snip)

Prior to this month, the duo never missed a week posting episodes since December 2018.

The lively duo seem to have been very popular with Fox viewers, adding a distinctive brand of enthusiasm to the talking head menagerie at the News Corp outlets. I found them bringing a smile to my face whenever I would hear from them on air. Their cadences and responsiveness to each other had a distinctively African-American flavor, and I often thought to myself that they must be making those who regard the black vote as the property of the Democrat party quite nervous.  

I don’t anyone regarded them as investigative reporters. They are polemicists in the best tradition of that mode of discourse. The bill of particulars against them, according the Daily Beast, are “misinformation” and “conspiracy theories” about coronavirus.

Diamond & Silk have used their heavy social-media presence to be at the forefront of right-wing misinformation about the COVID-19 outbreak. For instance, during their March 30 livestream, the duo claimed that the number of American coronavirus deaths has been inflated to make Trump look bad.

In fairness, the practice of attributing any death of a person with the coronavirus to the virus itself can be considered an inflation of the death toll.  But other comments could be called conspiracy theorizing because that word was explicitly employed:

“What I need to know is how many people have passed away in New York, and what I need to know is: Who has the bodies?” Diamond asked. “I need for somebody that does investigative work to call the morgues. To call the funeral homes. We need to know, because I don’t trust anything else that comes out of his mouth now… Something’s not right here. Something is off here.”

She added: “Is this being deliberately spread? Look, I’m not being a conspiracy theorist, this is real, but I’m asking my own questions. What the hell is going on?”

Silk, meanwhile, baselessly asserted that the disease was “man-made” and “engineered,” wondering aloud if there was a “little deep-state action going on behind the scenes.” She also questioned whether the World Health Organization had a “switch” to “turn this virus on and off?”

Fox News appears to be highly sensitive about accusations of spreading “misinformation” about the pandemic, perhaps cowed by the “blood on their hands” rhetoric that lefties have employed (only against conservatives never about Nancy Pelosi urging partying in SF Chinatown).  Trish Regan of FBN already appears to have lost her gig over similar concerns over raising questions about the origins of the pandemic. Lefty media can barely contain themselves with joy over the split, and it doesn’t take a genius to foresee racial grievance mongerers preparing to castigate the network over too few black voices in the future.  

Perhaps picking up on the story from CNN’s Darcy, President Trump slammed Fox News over the weekend.  Via Breitbart:

President Trump on Sunday slammed Fox News’ coverage and recent hires and criticized former House Speaker Paul Ryan (R-WI), who is a member of the Fox Corp. board of directors.

“Fox keeps on plugging to try and become politically correct,” the president tweeted. “They put RINO Paul Ryan on their Board. They hire “debate questions to Crooked Hillary fraud Donna Brazile (and others who are even worse).”

“Fox News just doesn’t get what’s happening!” he added. “They are being fed Democrat talking points, and they play them without hesitation or research.”

Unquestionably, this move will cost the duo dearly. They have a book coming out in August, and will be unable to promote it on Fox airwaves. Perhaps OAN or Newsmax TV or another broadcast platform will make them an offer, for they do have a following. But as Bill O’Reilly painfully knows, nothing can compare to the mass audience of conservatives that Fox News boasts.  

Fox News has let it be known that their official ties to Diamond & Silk were limited to licensing their content for Fox Nation. They have never been paid contributors, and appeared as unpaid guests when on FNC and FBN.

Two exultant, full-throated voices in support of President Trump apparently have been banished from the airwaves of Fox News, Fox Business Network, and the Fox Nation subscription video streaming service that is endlessly promoted in place of advertising during commercial breaks on the cable news channels. The last time the duo uploaded commentary to Fox Nation was April 7, but no official Fox voice even whispered a word of their eviction from the largest conservative television platforms.

YouTube screen grab

But over the weekend, Oliver Darcy of CNN noted their absence on Twitter, and yesterday, Lachlan Cartwright and Justin Baragona of the painfully progressive Daily Beast broke the story of their expulsion.

Fox News has cut ties with MAGA vlogging superstars Diamond & Silk, who had contributed original content to the network’s streaming service Fox Nation since shortly after its late 2018 launch.

The sudden split comes after the Trump-boosting siblings have come under fire for promoting conspiracy theories and disinformation about the coronavirus. “After what they’ve said and tweeted you won’t be seeing them on Fox Nation or Fox News anytime soon,” a source with knowledge of the matter told The Daily Beast.

After rising to prominence during the 2016 election, Lynette “Diamond” Hardaway and Rochelle “Silk” Richardson leveraged their newfound celebrity into regular sycophantic appearances on Fox News, resulting in President Donald Trump raving about their performances, featuring them at rallies, and treating them as “senior advisers.”

The social-media personalities were eventually tapped to provide weekly videos for Fox Nation after it launched as a subscription-based online video network. Their episodes, essentially 5-7 minute distillations of their freeform live-streams, appeared like clockwork on the streaming service until earlier this month. (snip)

Prior to this month, the duo never missed a week posting episodes since December 2018.

The lively duo seem to have been very popular with Fox viewers, adding a distinctive brand of enthusiasm to the talking head menagerie at the News Corp outlets. I found them bringing a smile to my face whenever I would hear from them on air. Their cadences and responsiveness to each other had a distinctively African-American flavor, and I often thought to myself that they must be making those who regard the black vote as the property of the Democrat party quite nervous.  

I don’t anyone regarded them as investigative reporters. They are polemicists in the best tradition of that mode of discourse. The bill of particulars against them, according the Daily Beast, are “misinformation” and “conspiracy theories” about coronavirus.

Diamond & Silk have used their heavy social-media presence to be at the forefront of right-wing misinformation about the COVID-19 outbreak. For instance, during their March 30 livestream, the duo claimed that the number of American coronavirus deaths has been inflated to make Trump look bad.

In fairness, the practice of attributing any death of a person with the coronavirus to the virus itself can be considered an inflation of the death toll.  But other comments could be called conspiracy theorizing because that word was explicitly employed:

“What I need to know is how many people have passed away in New York, and what I need to know is: Who has the bodies?” Diamond asked. “I need for somebody that does investigative work to call the morgues. To call the funeral homes. We need to know, because I don’t trust anything else that comes out of his mouth now… Something’s not right here. Something is off here.”

She added: “Is this being deliberately spread? Look, I’m not being a conspiracy theorist, this is real, but I’m asking my own questions. What the hell is going on?”

Silk, meanwhile, baselessly asserted that the disease was “man-made” and “engineered,” wondering aloud if there was a “little deep-state action going on behind the scenes.” She also questioned whether the World Health Organization had a “switch” to “turn this virus on and off?”

Fox News appears to be highly sensitive about accusations of spreading “misinformation” about the pandemic, perhaps cowed by the “blood on their hands” rhetoric that lefties have employed (only against conservatives never about Nancy Pelosi urging partying in SF Chinatown).  Trish Regan of FBN already appears to have lost her gig over similar concerns over raising questions about the origins of the pandemic. Lefty media can barely contain themselves with joy over the split, and it doesn’t take a genius to foresee racial grievance mongerers preparing to castigate the network over too few black voices in the future.  

Perhaps picking up on the story from CNN’s Darcy, President Trump slammed Fox News over the weekend.  Via Breitbart:

President Trump on Sunday slammed Fox News’ coverage and recent hires and criticized former House Speaker Paul Ryan (R-WI), who is a member of the Fox Corp. board of directors.

“Fox keeps on plugging to try and become politically correct,” the president tweeted. “They put RINO Paul Ryan on their Board. They hire “debate questions to Crooked Hillary fraud Donna Brazile (and others who are even worse).”

“Fox News just doesn’t get what’s happening!” he added. “They are being fed Democrat talking points, and they play them without hesitation or research.”

Unquestionably, this move will cost the duo dearly. They have a book coming out in August, and will be unable to promote it on Fox airwaves. Perhaps OAN or Newsmax TV or another broadcast platform will make them an offer, for they do have a following. But as Bill O’Reilly painfully knows, nothing can compare to the mass audience of conservatives that Fox News boasts.  

Fox News has let it be known that their official ties to Diamond & Silk were limited to licensing their content for Fox Nation. They have never been paid contributors, and appeared as unpaid guests when on FNC and FBN.

via American Thinker Blog

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Study: Liberal TV’s Blackout of Shocking Sex Claims Against Joe Biden

It’s been more than a month since ex-staffer Tara Reade publicly accused presumptive Democratic presidential nominee Joe Biden of sexual assault, but you probably would have no idea if you relied on ABC, CBS, CNN, MSNBC, NBC or PBS for your news. Since March 25, those networks either completely ignored or barely mentioned the scandal, even after Reade’s story was significantly bolstered Friday after the Media Research Center unearthed and posted an August 1993 video clip of Reade’s mother calling CNN about her daughter’s problem with a "prominent senator."

via NewsBusters – Exposing Liberal Media Bias

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YouTube Censors Viral Video Of California Doctors Criticizing “Stay-At-Home” Order

YouTube Censors Viral Video Of California Doctors Criticizing "Stay-At-Home" Order

Authored by Paul Joseph Watson via Summit News,

YouTube has censored a viral video in which two doctors criticized the logic of whether California’s stay-at-home coronavirus order is necessary.

The video, which had racked up over 5 million views, featured Dr. Dan Erickson and Dr. Artin Massihi, co-owners of Accelerated Urgent Care in Bakersfield, Calif.

In the clip, Erickson asserts that there is only a “0.03 chance of dying from COVID in the state of California,” prompting him to ask:

“Does that necessitate sheltering in place? Does that necessitate shutting down medical systems? Does that necessitate people being out of work?”

Erickson also asked why fatalities were being counted as COVID-19 deaths when other ailments were actually more to blame.

“When someone dies in this country right now, they’re not talking about the high blood pressure, the diabetes, the stroke. They’re saying ‘Did they die from COVID?’” Erickson said.

“We’ve been to hundreds of autopsies. You don’t talk about one thing, you talk about comorbidities. ER doctors now [say] ‘It’s interesting when I’m writing about my death report, I’m being pressured to add COVID. Why is that?”

The video was deleted late last night for “violating YouTube’s terms of service.”

Earlier this month, YouTube CEO Susan Wojcicki told CNN that the company would ban any video content that contradicted World Health Organization recommendations.

However, Wojcicki suggested that this would mainly be focused on banning information about fake cures, not questioning of government policy.

The video platform has also set about banning any content that claims 5G cell towers are linked to the coronavirus outbreak.

During an appearance on Fox News last night, Dr. Erickson pointed to Sweden, which didn’t impose any drastic lockdown measures, but now has achieved herd immunity against coronavirus.

“And if you look at their numbers: 200 deaths per million compared to ours, [which is] about the same. Italy’s [is] about 400 per million and Spain is about 400 per million, so we are looking at this going, ‘OK, they took a completely different approach and their results are basically the same,’” said Erickson.

Another version of the original video that YouTube deleted appears below.

*  *  *

My voice is being silenced by free speech-hating Silicon Valley behemoths who want me disappeared forever. It is CRUCIAL that you support me. Please sign up for the free newsletter here. Donate to me on SubscribeStar here. Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.


Tyler Durden

Tue, 04/28/2020 – 09:15

via ZeroHedge News

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Financial incentive to diagnose patients with COVID-19

Now we know why patients are being diagnosed with COVID-19 even if they haven’t been tested, why the official cause of death for deceased patients is COVID-19 even if they weren’t tested and/or if the cause of death was something else, and why countless patients are put on ventilators despite poor outcomes and less invasive options for certain patients.

According to a report at The Daily Wire, hospitals are reimbursed more for patients with a diagnosis code for COVID-19. And patients on ventilators bring in even more money. A lot more.

Hospitals get paid more money if a patient is coded for the novel coronavirus, even if they haven’t been tested in some states, multiple fact-checking sites have confirmed…Hospitals get a 20% add-on for COVID-19-coded patients and roughly three times as much if such patients are placed on a ventilator.

In the beginning of April, physician and State Sen. Scott Jensen (R-MN) notified the public of the policy and later emphasized on Fox News’ “The Ingraham Angle” that “anytime health care intersects with dollars, it gets awkward.”  [snip]

On Facebook, the Republican reiterated, “How can anyone not believe that increasing the number of COVID-19 deaths may create an avenue for states to receive a larger portion of federal dollars…”

“Hospital administrators might well want to see COVID-19 attached to a discharge summary or a death certificate. Why? Because if it’s a straightforward, garden-variety pneumonia that a person is admitted to the hospital for – if they’re Medicare – typically, the diagnosis-related group lump sum payment would be $5,000,” he added on April 19. “But if it’s COVID-19 pneumonia, then it’s $13,000, and if that COVID-19 pneumonia patient ends up on a ventilator, it goes up to $39,000.”

In other words, hospitals can rake in public dollars by manipulating information and misrepresenting the truth.

Coronavirus is proving to be a sickness with consequences far and beyond the actual illness. All sorts of evil is coming out of the woodwork.

Graphic credit: Free SVG

Now we know why patients are being diagnosed with COVID-19 even if they haven’t been tested, why the official cause of death for deceased patients is COVID-19 even if they weren’t tested and/or if the cause of death was something else, and why countless patients are put on ventilators despite poor outcomes and less invasive options for certain patients.

According to a report at The Daily Wire, hospitals are reimbursed more for patients with a diagnosis code for COVID-19. And patients on ventilators bring in even more money. A lot more.

Hospitals get paid more money if a patient is coded for the novel coronavirus, even if they haven’t been tested in some states, multiple fact-checking sites have confirmed…Hospitals get a 20% add-on for COVID-19-coded patients and roughly three times as much if such patients are placed on a ventilator.

In the beginning of April, physician and State Sen. Scott Jensen (R-MN) notified the public of the policy and later emphasized on Fox News’ “The Ingraham Angle” that “anytime health care intersects with dollars, it gets awkward.”  [snip]

On Facebook, the Republican reiterated, “How can anyone not believe that increasing the number of COVID-19 deaths may create an avenue for states to receive a larger portion of federal dollars…”

“Hospital administrators might well want to see COVID-19 attached to a discharge summary or a death certificate. Why? Because if it’s a straightforward, garden-variety pneumonia that a person is admitted to the hospital for – if they’re Medicare – typically, the diagnosis-related group lump sum payment would be $5,000,” he added on April 19. “But if it’s COVID-19 pneumonia, then it’s $13,000, and if that COVID-19 pneumonia patient ends up on a ventilator, it goes up to $39,000.”

In other words, hospitals can rake in public dollars by manipulating information and misrepresenting the truth.

Coronavirus is proving to be a sickness with consequences far and beyond the actual illness. All sorts of evil is coming out of the woodwork.

Graphic credit: Free SVG

via American Thinker Blog

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Does This Video With Jill And Joe Biden Look Like A Hostage Video Or What?

Does she pull his strings too?

via Weasel Zippers

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$6 Trillion Contraction Could Be “Too Optimistic”, Economists Warn Eyeing Second COVID-19 Wave

$6 Trillion Contraction Could Be "Too Optimistic", Economists Warn Eyeing Second COVID-19 Wave

Bloomberg Economics estimates that the global economy will contract 4% in 2020 due to coronavirus lockdowns. However, these estimates are overly "optimistic," assuming a V-shaped economic recovery would be seen in the back half of the year. 

The narrative of a V-shaped recovery before the November election has been recently drummed up by the Trump administration. Wall Street has bid stocks up in the last 24 sessions with high hopes that stimulus will stabilize asset prices, and lockdowns will be lifted across many states that would enable the economy to soar. MSCI All World has seen a near 25% gain in price on these hopes.

While optimism of stimulus, virus curve flattening, vaccines, and lifting lockdown restrictions in many regions across the world have aided in the idea that a second-half recovery is a sure bet, many are ignoring the unfolding economic depression and several other scenarios that could derail the economic rebound. 

Bloomberg’s Tom Orlik and Jamie Rush offer this reality check: 

"The economy has entered a downturn of unprecedented speed and severity, with most advanced economies facing their weakest performance since the Great Depression," they said in a report, adding that, "relative to expectations at the start of the year, the cost of lost output is more than $6 trillion." 

Their global $6 trillion estimates are based on "optimistic assumptions about both the outbreak and the recovery." In this scenario, the US GDP will plunge 6.4%, Euro Area GDP -8.1%, and Japan -4%, while China’s rate of economic growth will be the slowest on record

The economists said, "downside risks are significant" and derailment of the second-half recovery is indeed possible:  

They warned about the risks of a second coronavirus wave that would prevent a global economic rebound.

They said a deeper contraction of 5.6% would then be possible, and if stimulus proved ineffective, a worst-case scenario of a 7.2% decline would be seen. 

"But unlike the Asian crisis in 1997 and the global recession in 2009, the current shock isn’t caused by fundamental economic and financial imbalances. This means that countries that have mobilized enough stimulus to compensate for the lost income could stage a swift recovery," the economists wrote.

"Governments should err on the side of doing too much stimulus. In the end, the cost of doing too little would be higher."

As central bank stimulus is flooding financial markets, the Organization for Economic Cooperation and Development warned in early April that their leading indicators detected a turning point in the global economy, suggesting a crash has been underway in all major economies.

China managed to flatten the pandemic curve in late February. Months later, Beijing is closing movie theaters and imposing travel restrictions on certain regions as the dreaded second wave could be materializing. If so, this would mean, since China created at least half of the world’s credit in the last decade, that the economic rebound forecasted for the second half of 2020 is pure fiction.


Tyler Durden

Mon, 04/27/2020 – 11:50

via ZeroHedge News

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