Study: COVID lockdown states suffered biggest economic loss

The economic cost of the COVID-19 lockdowns was three times greater for residents of Massachusetts than for Mississippians, according to a new study.

The researchers from the conservative Center of the American Experiment estimated the cost of closed businesses and lost jobs per resident, from January to March of 2021.

Massachusetts suffered the biggest loss of gross domestic product, or GDP, calculated to be $2,862 per resident, or $11,448 for a household of four.

Mississippi, meanwhile, with its far less stringent lockdown policy, fared the best among the 50 states, losing only $4,016 per household, according to the study.

“Decisions to shut down large parts of the economy because of the pandemic were not free,” the researchers said.

“Public policy must be judged on its cost as well as its benefit.”

Last month, after repeatedly downplaying the impact on children of the COVID-19 lockdowns, Dr. Anthony Fauci justified the mitigation measures while acknowledging they were “draconian.”

“Sometimes when you do draconian things, it has collateral negative consequences. Just like when you shut things down, even temporarily, it does have deleterious consequences on the economy, on the school children, you know that,” Fauci said at an event hosted by The Atlantic magazine.

See Fauci’s remarks:

Via Wnd

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