PRELIMINARY, TO DEFINE “SOCIALISM”:
The present report is based upon that website’s numbers as of the morning of December 13th.
China’s unemployment rate has consistently, every month, been below 6.25% throughout the pandemic, whereas America’s peaked at 14.7% in April 2020 and declined to 6.7% by the end of that year. So, even from a strictly economic standpoint, socialism was more effective than libertarianism was, during the pandemic. The same was also true in other countries.
The views expressed herein are solely those of the author and may or may not reflect those of The Greanville Post. However, we do think they are important enough to be transmitted to a wider audience.
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