COVID-19: Governments Only Equalize Down

It is very important to understand the lessons learned from this crisis.

Daniel Lacalle Interview

 

The first lesson is that we should not give more power to governments that have been completely unable to prevent and manage the pandemic.

We need to understand that if we implemented the measures and the policies that the left-wing parties propose, massive government intervention, what we would have in this crisis would not be just a healthcare problem.

We would have shortages of supplies, we would have rationing.

This crisis shows that more government intervention is not the solution, but this crisis also shows that the way in which governments have addressed the pandemic proves why it is so dangerous to give them more power: Incompetence, lack of adaptability, constant use of propaganda to try to disguise the facts and even repression when citizens complain.

The idea that shutting down the economy was going to be insignificant and generate no harm could only be something created by a bureaucrat and the idea that the recovery is going to be strong with more government intervention can only come from someone that has never created a job.

Comments

Comments (6)

author
Oliver Harding
The less government intervening in the financial markets, the better for the global economy.
2020-07-01 18:02


author
Lauren Cutter
Enjoyed watching your video - good analysis
2020-07-01 18:22


author
Nick Garside
So on point Daniel
2020-07-01 18:44


author
John Kirsop
Governments are clueless....
2020-07-01 19:44


author
Scott Bridgwater
Coronavirus is just an excuse for them.. It's too late to digitise and organise !
2020-07-01 20:00


author
Matthew Robinson
Enough said !
2020-07-01 20:04

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