Wesley's Rant: 15 Days to Slow the Spread

Wednesday, November 25, 2020

Do you remember when President Trump made this announcement on March 16, 2020?  Public schools closed, colleges sent kids home, and businesses were told to close their doors and send their employees home.  We all complied; it was an unknown virus; we needed to make sure the hospitals were not overrun, etc.  As of today, we are now in day 249 of slowing the spread.  If you did not know, I live in Michigan, and as of yesterday, our state is now back in some form of shut down.  Most of us have been wearing masks for several months, and yet cases are now spiking again.  Our politicians are telling us that the virus is being spread by small social gatherings with our family and friends.

We are now being told we should not have Thanksgiving with our family.  I bet that we will soon be told we should not spend Christmas or New Years' with your family.  Like many of you, this suggested isolation from our elected leaders has given me a large amount of time.  I have used some of this time to read with an emphasis on reading the materials being published by our country’s leading scientists.  How many times have we heard our politicians say, “We should follow the science”?  If you look at the data and science, it does not support the actions being taken by many of the governors and various political leaders in our country.

I would suggest you check out or “Google” the “Great Barrington Declaration.”  The Great Barrington Declaration has been signed by more than 47,000 of the world’s leading infectious disease epidemiologists and public health scientists.  A declaration signed on October 4, 2020, based on a large amount of public data.  I would encourage you to go to the website and read the FAQ section on the site.

What follows is a quote from the Great Barrington Declaration:

“Those who are not vulnerable should immediately be allowed to resume life as normal. Simple hygiene measures, such as hand washing and staying home when sick should be practiced by everyone to reduce the herd immunity threshold. Schools and universities should be open for in-person teaching. Extracurricular activities, such as sports, should be resumed. Young low-risk adults should work normally, rather than from home. Restaurants and other businesses should open. Arts, music, sport, and other cultural activities should resume. People who are more at risk may participate if they wish, while society enjoys the protection conferred upon the vulnerable by those who have built up herd immunity.”

Following the science leads me to three conclusions now.  First, the COVID fatality rate is between 0.2 and 0.3 percent.   When looking at this data, you need to distinguish COVID cases from COVID infections.  Second, the data clearly shows who is at risk of death.  People who are age 70 and older are clearly at risk.   The third conclusion is that lockdowns are deadly.  In October, the United Nations and the World Health Organization reported that an estimated 130 million additional people would starve this year because of the economic damage resulting from lockdowns.  There are many physical harms from lockdowns. Medical care visits have plummeted, with people avoiding needed medical care. This includes lower childhood vaccination rates, less cancer screening, skipped cancer treatments, fewer preventive cardiovascular disease visits, just to name a few.

I am certainly not a scientist!  I am just an attorney and an investment advisor who happens to believe in the U.S. Constitution and the limits that the document puts on the power of our elected politicians.  We should respond to the COVID virus rationally.  Protect the vulnerable, treat the people who get infected compassionately, and develop the vaccine.  The lockdowns and the abuse of power by our politicians make the bonds that unite us at risk of being torn apart permanently.  We have approached the point where the “cure” may end up being worse than the disease.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Wiser Financial Group is not affiliated with Kestra IS or Kestra AS.

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Wesley Lentz Wesley Lentz

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