The Economic Ramifications of Economic Shutdown | The Coronavirus and Public Policy

[@eworks9828]

PLEASE Hillsdale- keep producing these interviews. not only objective and accurate but very helpful on a mental health level. Average people will catch on please keep producing!

[@kirkbowyer3249]

"I have sworn upon the altar of God eternal hostility against every form of tyranny over the mind of man.” Thomas Jefferson, September 23, 1800

[@christinamjp]

Hillddale College has the conversation no one else will!🐾😎

[@ChrisBrown-gn7br]

They can't put us all in jail. I'm not closing again. I'm opening up next week!

[@RainsWorldVegasSlots]

Chris Brown 💪🏽

[@milomanx6531]

Good for us all!

[@marygarati720]

I am with you Chris. It is the epidemiologists and their baseless Models that need to be shut down!

[@onlymebabs6659]

How's business? Best of luck to you.

[@a.r.8987]

How is it going ? Did you open up? And did you get any trouble from the "authorities?"

[@veritasrex66]

What I'd like to know, is, if this pandemic is UNPRECEDENTED, as we are reminded ad nauseum, then how can there be any real experts in regards to it?

[@kirkbowyer3249]

GREAT QUESTION

[@Rudy62]

Yes it is unprecedented in the sense that it must be the first time ever that it caused the governments to decide to lock everybody up in their houses and completely destroy the world economy and kill hundreds of millions by doing so and make everybody suffer for decades.

[@cravinbob]

I have been saying that to people for weeks, I get a blank stare and then they tell me some "facts". When I tell them economy is going south they disagree...

[@insomnyuk]

@Hey I was only giving orders but muh economy! maybe you can use your guns to shoot the coronavirus!

[@clayriales918]

@@insomnyuk DDF, what is your prescription for a way forward out of the mess?

[@Jimfrenchde]

This was an excellent presentation.

[@bettylane1984]

This conversation has hit the nail on its head perfectly. A new precedent for government entities . Power and money...very addictive !!

[@kenchoie3593]

The governor of Michigan wants to prolong the lockdown to "save" lives; she would also impose a 20MPH speed limit on all of highways in Michigan to "save" lives when the pandemic is over.

[@dkvikingkd233]

"Denier" is a word used by ideologues to shut down dissenting voices!

[@eddy8828]

Finally an interview that makes sense and realistic. Bravo gentlemen.

[@kimhyunjoo67]

Thanks for the wonderful interview! We all need to go back to work; one way or another, we will die one day anyway.

[@kirkbowyer3249]

Word. kzbin.info/www/bejne/mIfacnaehJeAiNE

[@kirkbowyer3249]

1 Saint John 4:20 If any man say: I love God, and hateth his brother; he is a liar. For he that loveth not his brother whom he seeth, how can he love God whom he seeth not? Saint Matthew 5:39 But I say to you not to resist evil: but if one strike thee on thy right cheek, turn to him also the other.

[@thomascurtin9714]

All this panic has caused me a 25% reduction in my retirement asset value... about the same was what happened in 2008/2009. In regard to the difference in cause, I hope the economy will recover in two to three years versus the ten years following the '08 debacle.

[@phprofYT]

On my next leave, perhaps I'll visit Hillsdale.

[@kirkbowyer3249]

"The advice nearest my heart and deepest in my conviction is that the Union of the States be cherished and perpetuated. Let the open enemy to it be regarded as a Pandora with her box opened; and the disguised one, as the Serpent creeping with his deadly wiles into Paradise." James Madison (Property; National Gazette, March 29, 1792)

[@kirkbowyer3249]

GOOD LUCK EVERYBODY! kzbin.info/www/bejne/h3eQe5Wgidx2rbs

[@larrywilhelmsen5832]

Kirk Bowyer p

[@poetmaggie1]

That 58 thousand income from unemployment is offset by the devaluation of our media of exchange because there is no value in that money. A private citizen would go to jail for writing checks without finds, the fed doesn’t have any funds for the checks they are writing.

[@Norm475]

The stock market finances new businesses and expansion of existing businesses. People that lost a significant amount of money in the 08-09 banking crisis when the stock market crashed were reluctant to get back into the market and now we have another crash because of the shutdown. It will take years for these people to get back into the market after getting kicked in the nuts twice in a ten year period. The only reason many people are in the market is because of the dismal interest rate they can receive in a bank. If all this deficit spending creates rampant inflation the national debt will explode, interest rates will have to rise to combat inflation and people will leave the market in droves. It doesn't look, good people.

[@janiceduncan7908]

Well people know how Democrats hated that Trump had created a great economy and people were happy. All of a sudden we had this. Flu . I guess it is the only way to crash Trumps great accomplishes Then we find out they paid wuhun lab 3.5 million to. Test. Anything for power, And Socialism. Even crash a country. Sick, sick, people.

[@jmstew642]

State and local deregulation..(DLLR and Planning and Zoning). Is a must, to unlock entrepreneurial spirit of America and we the people will be ok...

[@phillipgoldenberg3599]

I called the CDC I would never go to covid-19 testing center for a test, in the building they do not have a 4 stage filtration , and do not have UV lights with fans that draught-up air in to the UV lights.

[@phprofYT]

I have only one quote to say: “All models are wrong, but some are useful”. George E. P. Box One thing has been made clear to me in all my years around doctors and medical professionals. My conclusion: few medical professionals qualify as scientists, most are terrible at math beyond Algebra 2, and even fewer understand statistics. American's have toss away their responsibilities for a few in government to force upon us their commands. It's been going this way for decades. Perhaps a half century or even more.

[@guylainelacerte7128]

this is one of the best explanations I have seen about the consequences of the lockdown.

[@mikekerr5940]

Would be great if we could revisit this discussion now 5 months later.

[@unitedstateser]

This is turning into exactly what the global warming argument is like. I was thinking that from the very beginning.

[@babybutchie]

Superb presentation!

[@amateurschallenge]

Thanks Larry, maybe someday I'll get to meet you in person! -J

[@bettylane1984]

The public sector doesn't produce anything! They are a liability! Yet they spend and cost the most! Oblivious of any appropriate budgetary responsibility. The debt...

[@christinamjp]

Are we becoming a risk adverse society? What will happen to nation which wiilingly shuts down 70% of its economy & forces its own people to stay home or be penalized?$$$$$$$🐾😎😥

[@clintbliss2046]

Revolution probably

[@bettylane1984]

PLEASE all you fed up people...dont give up and stay passive!!

[@HammerHeavyhead]

Amen!

[@bondslave2jc]

Awesome Thank You

[@markscarborough7580]

Why are colleges in trouble? They collected their Spring tuition.

[@rosieainslie2514]

Perhaps we should hold those experts accountable. Those experts that insisted that shutdown was required. They were wrong. And their advice was reckless. And the consequences of their compliance to that reckless advice is economically measurable. Well then. Let’s sue them.

[@clairerobsin]

@ 42:10 ...how do people come up with the same\very similar concepts at the same time despite being completely unaware/disconnected from one another? In the field of Physics Einstein called this phenomena "spooky action at a distance"

[@howardking3046]

The problem is that people are afraid to die. It’s interesting that we are not opposed to sending our military to die because; out of sight-out of mind. Since the beginning of life, death is inevitable for every life form. This virus primarily overcomes people who’s immune systems are weakened by age or other diseases. If we ever figure out how to live forever in our bodies, nature will eventually find some way to reduce the human population-starvation, war, pandemic disease, etc. If you want to live forever, put your future in our Creator’s promise-love your Creator and love your neighbor.

[@SovereignBlade]

At 71 years of age and a diabetic, I had a high fever, body aches and strong headaches, a deep cough for days and debilitating energy loss that kept me in bead for about three days and could have been longer... but I had to work in my art studio. That was in early February, this year.Who knows... id didn't even think of the coronavirus... could it have been? I never got the flu in the past.

[@CTSBeast]

SovereignBlade it was cv

[@cravinbob]

sounds like it...so are you immune or can you catch it again? nobody knows.

[@RainsWorldVegasSlots]

SovereignBlade yup

[@RainsWorldVegasSlots]

SovereignBlade can I ask if you ever get flu shots?

[@SovereignBlade]

@@RainsWorldVegasSlots No... at 71 etc. the chance of getting full blown flu from vaccine protocol is too high.

[@BackInTheGarden]

@Hillsdale College, I've gotta remember to listen to the whole vid before commenting. Calm down a tad Mr. First Trust... tho I did like the American term used... "whole 'Nother" ; )

[@teresaleake4777]

I agree with him.

[@michaelsams6873]

Excellent presentation! Someone has to speak the truth even though we do not want to hear it; e.g. premium hospitals receive for COVID care when the afflicted was already destined to pass away soon prior to COVID.

[@kirkbowyer3249]

“Verbis legis tenaciter inhaerendum.” “A nation of Laws, not of men.” JOHN ADAMS “Law & Order covers it.” J.EDGAR HOOVER

[@BackInTheGarden]

@Hillsdale College, I just love these 'Armchair Presidents'.... jeesh.

[@kirkbowyer3249]

All, too, will bear in mind this sacred principle, that through the will of the majority is in all cases to prevail, that to be rightful must be reasonable; that the minority possess their equal rights, which equal law must protect, and to violate would be oppression. President Thomas Jefferson; First Inaugural Address; March 4th, 1801.

[@petermathieson5692]

Excellent analysis to begin the discussion; wholly agree with the proposition that the unknowns associated with this virus are akin to the unknowns associated with climate change. Fear mongering in both cases by , in one case medical experts and in the other case environmental "scientists", has driven politicians to adopt better safe than sorry policies that are economically destructive. Insightful man, this guest. Thank you.

[@synon9m]

Making sense

[@jimlangill9318]

Key to economic recovery is hope. The better it’s communicated the faster the recovery. Solid benchmarks realized and reported will breed hope coupled with the promise of not shutting down the economy again.

[@Mrskateboardboy]

I am watching this on 24th May, about one month after the video was posted. At this time the deaths in the USA are around 100k. That seems to conflict with what the guest speaker is saying abut the deaths in the USA. That aside, I agree with almost all, perhaps everything, of his comments. We can't respond to every crisis in the future as we did this time. There is already talk about the feared "second wave." How will that one be handled, I wonder? This virus scare was not handled intelligently, in my opinion. We SHOULD have protected the vulnerable (we know who they are), wear PPE or work from home if you can, if you work or leave your home, distance intelligently and be aware of who you are in contact with and what you are touching, and wash hand frequently. Now that a month has passed since this was first posted, can we have an update with the same guest and a different interviewer. I would love to know how this guest now sees this crisis unfolding and just how much damage has been done. Does he want to re-estimate his damage to the economy? I suspect it is a lot worse now than he thought a month ago.

[@acommon1]

Great candid conversation. I disagree with the "just compensation" segment. Good approach still an overspending socialist like over reach by Big Government.

[@mikemonnig3046]

The football player analogies are spot on. The meat packing plants are shutting down because they are afraid they will be sued by employees if the employees get COVID among themselves.

[@kirkbowyer3249]

GOD BLESS YOU. Genesis 3:23 And the Lord God sent him out of the paradise of pleasure, to till the earth from which he was taken.

[@kirkbowyer3249]

There are many Economic lessons in the Bible e.g. Cain & Abel; One is able and one is a covetous murderer. They both presumably spent the same time and effort in production; one produced better results; the other was jealous. Which one is COMMUNISM? Genesis 4:8-9 And Cain said to Abel his brother: Let us got forth abroad. And when they were in the field, Cain rose up against his brother Abel, and slew him. And the Lord said to Cain: Where is the brother Abel? And he answered: I know not. Am I my brothers keeper?

[@kirkbowyer3249]

Taking care of YOURSELF FIRST is love of brother; Take up your own Burdens. Saint Matthew 10:35-38 For I came to set a man at variance against his father, and the daughter against her mother, and the daughter-in-law against her mother-in-law. And a man’s enemies shall be they of his household. And he that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. And he that taketh not up his cross and followeth me is not worthy of me.

[@kirkbowyer3249]

charity: 5. Indulgence or forbearance in judging others. See Synonyms at mercy. 6. Often Charity. Theology. The virtue defined as love directed first toward God but also toward oneself and one’s neighbors as objects of God’s love. (p.322) The American Heritage Dictionary of the English language, 3rd. edition; Houghton Mifflin Co. Boston, MA; 1992

[@kirkbowyer3249]

Saint Matthew 7:1-2 Judge not, that you may not be judged. For with what judgment you judge you shall be judged: and with what measure you mete it shall be measured to you again.

[@kirkbowyer3249]

blasphemy: 1.b. The act of claiming for oneself the attributes and rights of God. p.199 The American Heritage Dictionary of the English language, 3rd. edition; Houghton Mifflin Co. Boston, MA; 1992

[@ericthered760]

@15:00 - What about the French generals who actually fired on their own troops to get them to leave the trenches and the slaughter that caused a mutiny in the French armed forces in 1917 ?

[@kirkbowyer3249]

"Angels & ministers of grace defend US!" Hamlet Act. I. Scene 4.

[@teresaleake4777]

I have allergies problem and if you say you are looking out for my help you're not because I cannot breathe and the the mess should been in long time ago everybody's not going to catch it number one and you need to do every study and stop listening to all science cuz some science are not telling the truth and don't know too much about the disease itself anyway if you go back in history thank you I agree with the the man very smart people

[@johnsteinman5496]

MODELS ....WAY OFF‼️‼️‼️‼️

[@teresaleake4777]

well I hate is when people are that's why it's unemployment when people are moving to other states instead of fixing their problem in their state they come where we live at and it's overpassity I've been living here all my life I don't think I would never want to go live somewhere else cuz you can fix the problem in your state but not by losing or turn the the town up no you cannot do that I agree to only way to fix the economy don't move to someone else to stay stay where you are

[@teresaleake4777]

When I was working at the OU hospital I noticed there was more younger people dying for me yes that is correct older people are dying from like heart attacks or different diseases or whatever it may be but they're not dying from the virus covid-19 virus and not die from that the older people the young people yes I seen this a living proof when I work there I'm not a nurse but I know what I'm talking about through attempt

[@kirkbowyer3249]

Federalist #10 James Madison; Daily Advertiser; Thursday, November 22rd, 1787. “By a faction, I understand a number of citizens, whether amounting to a majority or a minority of the whole, who are united and actuated by some common impulse of passion, or of interest, adversed to the rights of the other citizens, or to the permanent and aggregate interests of the community.” Publius "There is an opinion that parties in free countries are useful checks upon the Administration of the Government and serve to keep alive the spirit of Liberty. --But those of popular character, in Governments purely elective, it is spirit not to be encouraged.” President George Washington; Farewell Address

[@Redheadedlady55]

~Very interesting look at what really is going on today!! Plz get intouch with our wonderful President Trump....

[@teresaleake4777]

I totally agree I'm not rich I'm just trying to make it in the world by working that's it though I works too hard and don't get enough money

[@teresaleake4777]

as for some of the business in Oklahoma City I think sometime it be because you who you're hiring the outside people who was not born in Oklahoma City that's causing part of your problem by stealing from you and doing whatever they need to do to close your business down so or too many lawsuits you know this is crazy when there are people out here that are good people that was born in Oklahoma City who can make your business rise better but you don't see it you do not see it at all you give it the opportunity to someone that's not from Oklahoma City it's not black at all so hi bro I want to see some results from my day from my dreams

[@teresaleake4777]

people who work in the education that's not for the people are not want to see the people in Oklahoma Born and raised to succeed in their dreams they need to get them out of the school including some of the board members not all of them to some of them why are tax dollars and we should be loud to have a educational a good education we are tired of this stuff and love is enough I love my superintendent thank you for standing up for the people who tried to stand up in the school board don't listen I know somebody but this is freedom of speech this is my rights otherwise you are being prejudice or discriminating against my freedom of speech

[@TheRDDDSII]

where IS OUR CRITICAL THINKING SKILLS GONE?

[@mchandler4722]

Apparently into the same memory hole as your spelling, grammar, and CAPS LOCK key went...

[@janetclark5668]

@@mchandler4722 He got his point across.

[@teresaleake4777]

that's why I said I have filled out applications online in my state Oklahoma and still did not get the job because they don't like what I believe in and I believe that they should still keep regulation on companies that should never went away that should always be there because otherwise otherwise you will never get the job the city that you was born and raised in it's not a republican fault it's the government who works for the government who work for State their part hope them accountable and that's it cuz I remember I just can go out and find a job not a second job I got a job but I need a second job I'm not married so why should I have to screw you in my own State because people want to move here and this is not right I think you should stay in your own State and fix your problem.

[@marypoole6064]

UN/WHO/WEF promoted Operation Warp Speed !!!

[@bvkronenberg6786]

Computer model is a Magic Eight Ball. If computer models could predict the future we would all be rich. Computer models cannot predict the future.

[@teresaleake4777]

As a taxpayer I paid to the school not the superintendent but the school I pay my tax dollars where's my education it's not a superintendent's fault it's the school board's phone

[@teresaleake4777]

I am fed up that with people who works for government and states are wanting control no more no more you get paid by tax dollars you don't have the right to have control at all play nice play fair

[@zupi.e]

It's always interesting to go back and see how many of his predictions were false. He is almost never wrong about economy but pandemic is not his domain.

[@teresaleake4777]

I can't even find the second job they send me application they so full of it and they're not hiring that is why I say they need to go back to the private sector of regulating these companies you know because it's not right I'm born in Oklahoma and I can't even give an opportunity to get where I need to go and people want me to be down no it's not going to happen no more this is my state and I'm going out

[@teresaleake4777]

I had my shot and don't want to be mask. And we all not going to catch it. I truly agree with him.

[@yolielove9437]

You are calling yourself a "denier"... I believe you!

[@mchandler4722]

@Yolie Love: Assuming you are casting aspersion on the fellows in the video because their heads are not on fire like your preferred media outlets and leftist politicians? I think all us "deniers" should get T-shirts with that word printed in bold letters! It would be in the same vein as the existing "Infidel" T-shirts obviously challenging the Islam wackos to put up or shut up.

[@teresaleake4777]

I am fed up with government Democrats or trying to make us wear a mask I am fed up

[@jamescurtis1226]

ADAPTIVE CAPACITY "This uncertainty refers to the capacity at different levels of society to cope with change and to adapt effectively. This ability to adapt can mean proactively managing existing systems and structures to ensure their resilience against external forces, as well as the ability to transform those systems and structures when a changed context means they are no longer suitable.**Adaptive capacity is generally associated with higher levels of education in a society, as well as the availability of outlets for those who have educations to further their individual and societal well-being. High levels of adaptive capacity are typically achieved through the existence of trust in society; the presence and tolerance of novelty and diversity; the strength, variety, and overlap of human institutions; and the free flow of communication and ideas, especially between and across different levels, e.g., bottom-up and top-down. Lower levels of adaptive capacity emerge in the absence of these characteristics and leave populations particularly vulnerable to the disruptive effects of unanticipated shocks." **as well as the ability to transform those systems and structures when a changed context means they are no longer suitable??? Expendable!!! Taken from page 15 of "Scenarios for the Future of Technology and International Development" Rockefeller Foundation Pdf www.nommeraadio.ee/meedia/pdf/RRS/Rockefeller%20Foundation.pdf

[@notMrThoms]

Well this didn't age all that well..

[@kimwiser445]

Computer models are only tools.

[@stevenlight5006]

O they planed on the shut down alrite.

[@teresaleake4777]

I have never got my second stimulus check only got one stimulus check from the Democrat party to go back where is our second stimulus check you were giving people money on my tax dollars that don't belong to them. For them to sit at home that's not right

[@godswarriors7543]

May we introduce Jesus to those who do not yet know Him? God gave us His heart when He gave us His Word. Psalms 119:151 Thou art near, O LORD; and all thy commandments are truth. Jesus is The Word, John 1:1-5 The Word God spoke: Exodus 20:1 (His Spirit( The Word God wrote: Deuteronomy 4:13(His Covenant) and The Word God made flesh John 1:14 (Jesus). He is our example of The Trinity. He is The Law that hung on the cross and The Law that is written in the heart. Psalms 40:7 Then said I, Lo, I come: in the volume of the book it is written of me Hebrews 10:7 Then said I, Lo, I come (in the volume of the book it is written of me,) to do thy will, O God. We do not work for our salvation, Jesus died and saved the world. But we can work for our protection from the plagues, those coming to steal, kill, and destroy, from deception etc.. There is nothing wrong with works for we are judged on our works. Faith without works is dead. Why would Jesus tell us to pray for workers, if no work is to be done? May we all receive the wisdom of The Father in Deut. 6:8-9 and the advice of Paul and put on Jesus. Do all you do in Him. A free gift from God, gracefully accept Him. Don't just believe in our Lord Jesus Christ, serve Him. Our plea to all is to PUT ON LIFE. Let our faith work for us. For any questions or comments on the armour you can contact us at: [e-mail] We can help provide the Law and Testimony bound and ready to use. Don't stand alone, stand with God. He is risen, He is our Standard. May God go with us and watch over each of us.

[@GlennGardner2John112]

Question is, do we really want to recover an economy that is founded on, and flourishes when people are buying things they don't need, with money they don't have, to impress people they don't even really like much less love?

[@janetclark5668]

They have the freedom to choose to buy what they think they want.

[@AFuller2020]

Never been a successful coronavirus vaccine, never.

[@BackInTheGarden]

Strange.... Maybe it's because the guest keeps repeating himself?

[@kathypryor2477]

Group Think. Very dangerous.

[@teresaleake4777]

I want to be able to rise in my own City I want to be able to live my dreams no one can stop my dreams but I want to be able to live my dreams and I am by living them is legal nobody has the right to spy on you that's why I say people need to go back to the city

[@teresaleake4777]

I like paying my tax dollars towards the police department they help the community my tax dollars is well spent when it is giving to the police department thank you for your angel created up above law enforcement

[@BackInTheGarden]

@Hillsdale College... anyone can criticize... how about some better answers?

[@mchandler4722]

@BackInTheGarden: I think they covered that: (a) All the "pandemic models" that the petty tyrants in state and local governments referred to as the ostensible "reason" for the economic shutdown with shelter in place edicts, ARE and HAVE BEEN purposely wrong by massive overestimation every step of the way; (b) same petty tyrants have ignored -- paid lip service only to -- economic realities and constitutional rights, so as to get their power-grabbing agendas implemented; and (c) how about U.S. citizens waking up and refusing to fall for the heads-on-fire fearmongers?

[@BackInTheGarden]

No idea why there's double, triple or qudruple my single comment.

[@yolielove9437]

Propaganda!

[@BackInTheGarden]

@Hillsdale College, I've gotta remember to listen to the whole vid before commenting. Calm down a tad Mr. First Trust... tho I did like the American term used... "whole 'Nother" ; )

[@BackInTheGarden]

No idea why there's double, triple or qudruple my single comment.

[@synon9m]

Dude settle down

[@BackInTheGarden]

Strange.... Maybe it's because the guest keeps repeating himself?