Lockdowns and Inequality | Eastern NC Now

Stephen Moore writes at Real Clear Politics about an inconvenient fact for left-of-center supporters of COVID-19 lockdowns.

ENCNow
Publisher's Note: This post appears here courtesy of the John Locke Foundation. The author of this post is Mitch Kokai.

    Stephen Moore writes at Real Clear Politics about an inconvenient fact for left-of-center supporters of COVID-19 lockdowns.

  • Democrats and their liberal economic advisers obsess about income inequality. Will someone please tell them that no act in modern times has widened the gap between the rich and the poor more than the lockdowns going on right now?
  • Diane Yentel, the president and CEO of the leftist National Low Income Housing Coalition, said, "The majority of the up to 17 million households at risk of losing their homes this winter are people of color."
  • Politico reported that minorities and the poor have "been more vulnerable to job and income losses from the ensuing economic crisis, in large part because Black and Latino workers are over-represented in the service industries wiped out by shutdowns."
  • James Parrott, an economist at the New York City New School, said that what the United States is experiencing is "the most lopsided economic event imaginable."
  • The National Restaurant Association said that 40% to 50% of restaurants may go bankrupt in the months ahead if their stores don't reopen immediately. Two of the U.S.'s most iconic restaurants, the 21 Club in Manhattan (pictured) and the Cliff House in San Francisco, announced they had closed their doors permanently after nearly 100 years of business. As they die, so do hundreds of jobs in these cities. The workers out of work aren't rich. Overall, 15 million middle-income people work for bars and restaurants.
  • Even Jeff Bezos, the founder of Amazon and arguably the planet's richest man, complained that the lockdowns exacerbate inequality. With tens of billions of dollars of added profits, Amazon has been the world's biggest beneficiary from locking down brick-and-mortar stores.
  • For once, liberals are spot on.
  • Lockdowns are crushing the little guy. Even so, it is the Democrats who are pushing this anti-freedom agenda.

Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




Governor Cooper Will Extend Evictions Moratorium Guest Editorial, Editorials, Op-Ed & Politics What’s Ailing American Health Care


HbAD0

Latest Op-Ed & Politics

great article from American Greatness
illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic

HbAD1

that what happens when you run as a "moderate" but turn hard core leftist once in power

HbAD2

On Monday, US Rep. Chuck Edwards, R-NC11, was found in violation of the House Code of Official Conduct by the House Ethics Committee, regarding the prohibition of sexual harassment, resulting in calls for him to be censured.
The new program will teach students how to "become an influencer and strategic storyteller who thrives in the rapidly evolving creator economy."
Republicans have consistently backed the blue and new data shows President Trump's strong leadership has led to the fastest decline in violent crime in modern American history.

HbAD3

 
 
Back to Top