Ivy League Data ‘Accidentally’ Reveals Lockdowns Crushed Working Class, Left Elites Unscathed
By: Team Terrell, June 18, 2021:
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.”
https://gellerreport.com/2021/06/ivy-league-data-accidentally-reveals-lockdowns-crushed-working-class-while-leaving-left-elites-unscathed.html/
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