She’s dead, Jim.
In order to maintain something of an economy with most of the nation locked away in their homes, there has been a 2 Trillion dollar payment to individuals, businesses and corporations to stabilize the economy and another 4 Trillion dollar loosening of the Federal Reserve to go along with it. What does that mean? It means that created out of air is twice the annual tax receipts for the United States. There is no way that is not a significant economic event. It is the invention of 1/3 of GDP. That it would not have a drastic and detrimental effect on the future of the nation is insanity only capable of being ignored by graduates of the public school system.
In one fell swoop of a minor pandemic the United States as a nation has abandoned both the republic and capitalism. Individual rights are destroyed, never again to be seen as rational arguments against the power of the state. Capitalism has lost out to the political and economic ideology of Soviet Russia allowing for such things as “travel permits” and sequestration of healthy individuals. It might be politically acceptable to brush all of this off for the time being as we sort out how big of a problem the pandemic is going to be, but it will never return to what it was and what few and precious rights once available to us will no longer be accessible through the courts.
It’s over. The elephant is dead. Capitalism is gone, the republic is gone. What we have now is an opportunity to feed off of the dead elephant, to stockpile as much as we can, to distance ourselves from each other and prepare for the ultimate battle for survival. The economic collapse is already in motion. It would have come along anyway, eventually, but this stimulus package stacked on top of the already soaring debt and unfunded liabilities will cripple the nation forever. It will implode. That is not to say that it will not chug along on four square wheels for some time, but the last support has been kicked out from under it, that of the belief in the rule of law and an understanding of global economics. Without those, nothing prevents the ceiling up from crashing down. It is what we recognize in Christianity as faith. Remove faith (as we have) and the only thing left are words, memes circulating the popular sites with no structural substance.
I note that hereabouts at least, the Christian churches are among the many things under lockdown, but golf courses…ain’t?!? Strangely, I’ve yet to see much specific mention of mosques, nor of how our newly-decreed statewide lockdown might affect Ramadan. But I do confess the idea of holding “digital Ramadan” observances just tickles me silly.