GOVERNMENT ECONOMIC MEDDLING

Millions out of work.  Thousands of small businesses failing.  Sounds like The Great Depression of the 1930’s decade.  I know.  I’m old enough to remember it well.  President Roosevelt instigated numerous government programs as solutions.  A few were worthy.  Several failed miserably with severe implications for many.  Most were designed to instigate socialism. They served only to exacerbate the problems and extend the depression.  It was only rescued by war.

I get worried when the government begins to meddle with the economy on a large scale.  It never ends well.  It’s fraught with numerous instances of its failure down through the ages of mankind.  The actions of our government to deal with this Chinese (MOVID-19) virus smacks of socialism.  President Trump has succumbed to the perverse thinking of egg-head crystal ball gazers to make far reaching economic decisions based on computer modeling results derived from speculative data.  Garbage in, garbage out.  Not good.