The Real U.S. Covid Disaster: Pandemic Economic Damage Topped $18 Trillion

During a series of congressional hearings focused on the origins of the novel coronavirus that spread worldwide and the nation’s response to the pandemic, the former White House COVID advisor Dr. Anthony Fauci admitted that significant aspects of the policies pushed by “experts”  (e.g., masking, and social distancing) were not based on science.

Fauci was also keen on discrediting any information that tied the initial outbreak of COVID-19 to a laboratory release within the Wuhan Institute of Virology in China.

new report by the Heritage Foundation’s Nonpartisan Commission on China and COVID-19 found that the pandemic and its response caused $18 trillion in economic losses to this country. The analysis also blamed the Chinese government for the outbreak.

FOX Business exclusively viewed an advance copy of the report, which estimated that as of December 2023, the pandemic’s total economic cost in the U.S. topped $18 trillion after taking into account several ways in which the pandemic affected the economy.That figure includes more than $8.6 trillion caused by excess deaths; more than $1.825 trillion in lost income; $6 trillion due to chronic conditions such as “long COVID”; and mental health losses of $1 trillion and educational losses of $435 billion pushed the total above $18 trillion.”The COVID-19 pandemic has exacted a staggering toll on the United States, both in human lives and in economic terms. The total estimated cost of $18.007 trillion is a stark reminder of the profound impact this global health crisis has had on the nation,” the commission wrote. “By understanding and acknowledging these costs, we can lay the groundwork for holding accountable those whose negligence or overt actions exacerbated the pandemic’s severity.”

The analysis also showed that the real gross domestic product in that period was 2.5% below what was projected in early 2020 before the pandemic began.

Just to give you an idea of the magnitude of the economic disaster, here is the visualization of 1 trillion dollars:

The commission also concluded that it “very likely stemmed from a research-related incident in Wuhan, China.”

“Although it remains theoretically possible that COVID-19 emerged via zoonosis in the wild or spillover in a wet market (spillover is a virus originating in animals before it passes to humans), there is no evidentiary basis for either of these hypotheses despite extensive testing over four years,” the commission wrote.The report also included a timeline of the Chinese government’s actions as part of a “systematic cover-up” of the origins of COVID that began, at the latest, in December 2019, as well as its failure to take steps to contain the virus within its borders.

Meanwhile, the press is once again pushing fear-porn in the form of the latest covid variant.

Since everyone’s experience with COVID is different and influenced by a number of factors, it’s difficult to quantify how many are experiencing more acute symptoms now compared with previous infections. But anecdotally, including on social media sites, people are expressing shock at how sick they’ve become from the latest subvariants, which have been collectively nicknamed FLiRT.“I’ve had COVID a few times but this is the worst I’ve had it,” wrote one person on Reddit. The person reported recurring fever, being so congested they couldn’t breathe out of their nose, “terrible sinus pressure and headache … and I can’t stand up for too long without feeling like I’m about to pass out.”“Previously COVID just felt like the common cold, but this strain is [wreaking] havoc,” the person wrote. “I don’t like to complain like this, but I’m shocked at how much it’s taking me out.”Another person wrote that their “throat feels like razor blades” and that they feel like they’re “in living misery.”“I have so much phlegm, but it hurts so bad to cough because my throat is on literal fire!!” the person wrote. “This is my 4th time having Covid and I swear I feel like this is the worst it’s ever been!!”

The FLiRT variants’ name is based on the technical names of the two mutations and appears to be the disease du jour. The strains are subvariants of Omicron, and together, they account for more than 60% of COVID cases in this country.

I anticipate the next few weeks will be filled with articles on symptoms of FLiRT and reminders to get booster shots. Like the disease, media drama about covid has now come in a fairly regular and predictable cycle.

Tags: China, Economy, Wuhan, Wuhan Coronavirus

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