By Joseph on Thursday, 24 June 2021
Category: Race, Culture, Nation

Lockdowns Crushed the Working Class, but Enriched the Elites By James Reed

When conducting an investigation in the conspiratorial state of mind, always ask, who benefits? What group profits from the object of misery? With Covid, we find that once more, the globalist elite, massively and disproportionately benefit. That should shift the grounds of investigation to the connections between them, and who did what. As I typed this, my Indian neighbour came to my door and said that some sort of Indian hit squad had assassinated leading globalists, the big names. I checked the internet for some time, and found no mention, so it must be false news. It is odd, as this Indian guy has a great IT job, and normally does not go in for conspiracy theories. But, if he does prove correct, can I claim to be the first to break the story?

https://theleoterrell.com/ivy-league-data-accidentally-reveals-lockdowns-crushed-working-class-left-elites-unscathed/

“Data analysis conducted and released by Harvard University, Brown University, and the Bill and Melinda Gates Foundation proves exactly what conservatives and Republican lawmakers have been saying about the devastating consequences of liberal policies during the pandemic.

The analysis calculates how different employment levels have been impacted during the pandemic, and “findings reveal that government lockdown orders devastated workers at the bottom of the financial food chain but left the upper-tier actually better off” reports the Foundation for Economic Education (FEE).

Employment levels were examined in January 2020, prior to the coronavirus pandemic, and before lockdown and other restrictions were implemented. They were then compared to employment figures from March 31, 2021. The Ivy League schools posted the data graphs on tracktherecovery.org but provide only graphs and no written analysis of what the findings show. Perhaps the reason is that “of course, Ivy League researchers almost certainly did not intend to expose the failings of big government pandemic policies when they set out to catalog employment data” writes FEE.

FEE did turn the data into a summary, and, “The picture painted by this comparison is one of working-class destruction.” FEE explains:

Employment for lower-wage workers, defined as earning less than $27,000 annually, declined by a whopping 23.6 percent over the time period. Employment for middle-wage workers, defined as earning from $27,000 to $60,000, declined by a modest 4.5 percent. However, employment for high-wage workers, defined as earning more than $60,000, actually increased 2.4 percent over the measured time period despite the country’s economic turmoil.

While some critics may blame the pandemic and not liberal government policies for the devastation, FEE writes “there’s no doubt the virus itself played some role” however, “government lockdowns were undoubtedly the single biggest factor.” Supporting evidence is “heavy lockdown states have consistently had much higher unemployment rates than states that took a more laissez-faire approach.”

 

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