Month: April 2020

Immigration SUSPENSION for Visa Workers

usissuescom Discussion Categories , ,

Re-Blogged From RightWingAmericans.Com

President Donald Trump caused outrage among Democrats on Monday when he announced that his administration would protect American workers by suspending immigration into the United States while the country battles an economic crisis.

According to a New York Times report, published on Tuesday morning, the president’s plan could come into effect in the next few days when he is expected to sign an executive order. Sources familiar with the plan, according to the Times, say that the executive order would stop the United States approving any new applications from foreigners intending to live and worked in the United States. It would shut down the illegal immigration system completely for as long as the president deems the executive order to be necessary.

Continue reading →

Flawed Models Show Why COVID-19 Policies Must Consider Total Mortality

usissuescom Discussion Categories, Statistics , , , ,

Re-Blogged From Civil Patriot

In response to the coronavirus pandemic, the federal government has been heavily influenced by the Institute of Health Metrics and Evaluation’s computer model, which has projected from 60,000 to 240,000 COVID-19 deaths in the U.S.

This epidemiological model is now being criticized as flawed and misleading as a source of public information and for government decision-making. Besides the institute’s model, all other COVID-19 models are grounded in important assumptions about which there is currently little knowledge.


 Continue reading →

What’s Next, Trillion-Dollar Coins?

usissuescom Monetary Policy, Taxes & Spending , , , , , ,
By Stefan Gleason – Re-Blogged From Gold Eagle

The massive set of stimulus measures rolled out last month by the Treasury Department and Federal Reserve has left many Americans wanting more… and politicians scheming for new ways to dole out additional trillions in cash.

Most taxpayers have already received their $1,200 “stimulus” payments. However, that one-time payment will do little to repair the long-term financial health of the 26 million (and rising) who are newly unemployed.

And it surely won’t bail out all the small business owners who were callously deemed “non-essential” and forced to shut down during this pandemic.

Continue reading →

It’s Only Paper

usissuescom GDP & Employment , , , , ,
By Keith Weiner – Re-Blogged From Silver Phoenix

The response to the virus has added a new mechanism of capital consumption to the many we have documented over the years. Businesses are shut down, yet they continue to incur expenses. There is a popular misconception out there that this is merely a paper loss. One can almost picture a neutron bomb that somehow wipes out only paper, leaving all the physical assets and plant unscathed. It’s a pleasant fantasy. And it’s quite a popular one—not only amongst all the usual suspects, but even an Austrian school economist of our acquaintance asserted it.

As an aside, this illustrates that, too often, economists are unfamiliar with business. The economist looks at a closed restaurant and thinks there’s no reason why this restaurant can’t be mothballed for a day, a week, a month, or a year. The owner of the restaurant would object that he’s still paying certain expenses, even if he’s laid off all of his staff. And the economist retorts, “That’s just paper!”

Continue reading →

The data is in — stop the panic and end the total isolation

usissuescom Discussion Categories , , , , ,
By Dr. Scott W. Atlas – Re-Blogged From The Hill

The tragedy of the COVID-19 pandemic appears to be entering the containment phase. Tens of thousands of Americans have died, and Americans are now desperate for sensible policymakers who have the courage to ignore the panic and rely on facts. Leaders must examine accumulated data to see what has actually happened, rather than keep emphasizing hypothetical projections; combine that empirical evidence with fundamental principles of biology established for decades; and then thoughtfully restore the country to function.

Five key facts are being ignored by those calling for continuing the near-total lockdown.

Fact 1: The overwhelming majority of people do not have any significant risk of dying from COVID-19.

The recent Stanford University antibody study now estimates that the fatality rate if infected is likely 0.1 to 0.2 percent, a risk far lower than previous World Health Organization estimates that were 20 to 30 times higher and that motivated isolation policies.

Continue reading →

Of Tests and Confirmed Cases

usissuescom Discussion Categories, Statistics , , , , ,

By Willis Eschenbach – Re-Blogged From WUWT

I’ve been saying for some time now that the number of confirmed cases is a very poor way to measure the spread of the coronavirus infection. This, I’ve said, is because the number of new cases you’ll find depends on how much testing is being done. I’ve claimed that if you double your tests, you’ll get twice the confirmed cases.

However, that position was based on logic alone. I did not have one scrap of data to support or confirm it.

Max Roser is the data display genius behind the website Our World In Data. He has recently finished his coronavirus testing dataset, covering the patchwork quilt of testing in various countries. The data is available here.

Continue reading →