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Zoom Privilege: How Lockdowns Made the Rich Richer

Summary:
Wall Street, Washington, D.C., and Silicon Valley are swimming in cash and prosperity. 2020 could not have gone better for the country’s elites. The vast majority of Americans, on the other hand, have been forced into financial, physical, and emotional ruin. 2020 served as the year that government dictates — purposed with fighting a disease with a 99.8% recovery rate — manifested unprecedented wealth inequality, and created health issues far more dangerous than COVID-19. The unintended consequences of “fighting a virus” with the power of government are now on display for the world to see. https://www.aier.org/article/zoom-privilege-how-lockdowns-made-the-rich-richer/

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Wall Street, Washington, D.C., and Silicon Valley are swimming in cash and prosperity. 2020 could not have gone better for the country’s elites. The vast majority of Americans, on the other hand, have been forced into financial, physical, and emotional ruin. 2020 served as the year that government dictates — purposed with fighting a disease with a 99.8% recovery rate — manifested unprecedented wealth inequality, and created health issues far more dangerous than COVID-19. The unintended consequences of “fighting a virus” with the power of government are now on display for the world to see.

Zoom Privilege: How Lockdowns Made the Rich Richer

https://www.aier.org/article/zoom-privilege-how-lockdowns-made-the-rich-richer/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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