Panic in the Streets

A few people get sick, and schools shut down.

We have been having and enduring flu epidemics for some time. And people have died even in minor outbreaks. The difference now is that the patterns of epidemiology have become nightly news.

Why the talk about shutting down everything — schools, businesses, government offices? To prevent a major pandemic, like the 1918 Influenza outbreak, which killed millions.

The president went out of his way to tell us to avoid panic. The vice president, on the other hand, went on one of his jags and helped foment more panic.

The media, of course, abundantly repeated the message of panic.

Last autumn, the head honchos in Washington sowed the seeds of panic by proclaiming the mortgage-​based financial bubble the worst economic disaster since the Great Depression. Hardly before anyone had received a pink slip, the government was giving away billions of dollars.

And then, they switched rationales and plans. And then they gave away more. Rinse. Repeat. Only the panic remains.

Well, stock up on water and masks and food. And cash. Or gold. That’s fine. But be wary of stocking up on too much government. When we panic we are not thinking straight, that’s when we are likely to lose the most. With the government and the media leading the charge.

This is Common Sense. I’m Paul Jacob.