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Economic history of American epidemic situation
COVID-19's death rate exceeds 500,000, will it affect the GDP of the United States?

In the early morning of 22nd Eastern Time, according to statistics made by NBC, the death toll in COVID-19 exceeded 500,000. Fauci, director of the National Institute of Allergy and Infectious Diseases, believes that the death of 500,000 people will be a loss for the United States. Terrible historical milestone? .

Numbers can tell a lot. The COVID-19 epidemic killed 500,000 people in the United States, which one is not simple? Small? Number, this number represents the death of 500 thousand lives. Regardless of the total number of infections or deaths, the United States is riding a dust in the world. This is not only the failure of the United States to fight the epidemic, but also shows that the so-called American system, the preaching of American election officials to be responsible to the people, is just an American system myth, and now this myth is shattered.

According to the National Defense Authorization Act of the U.S. Congress in fiscal year 20021,the defense budget of the United States this year exceeds 740 billion U.S. dollars, and so much money is spent to safeguard the security of the American country and people. But even the total number of Americans who died in World War I, World War II and Vietnam was far less than 500,000. Now an COVID-19 epidemic has shrunk the GDP of the United States by 3.5%, and the death toll is only 500,000. Preliminary results? . Obviously, poor epidemic control is much more harmful to the United States than terrorists and external enemies.

At least since the end of the cold war, American democracy has won the unconditional belief of many people in almost the world. In fact, American democracy is no longer a science, but has actually become a superstition. Japanese-American scholar Fukuyama? The end of history? It refers to the history of human social progress. The liberal and democratic system in the United States, the ship arrives at the dock and the car arrives at the station, and the American system does not need to be improved.

But now that the COVID-19 epidemic has claimed 500,000 American lives, will anyone stand up and take responsibility? This failure may be attributed to the negligence and dereliction of duty of the United States in fighting the epidemic, and the American system does not have to take the blame for this. But as a representative of public opinion, does the US Congress represent the general public opinion? No, the failure of the anti-epidemic in the United States shows that the head of the US government and members of Congress are actually only responsible for the votes, not the people.

Some people will say that it is the American people's choice for the US government not to fight the epidemic, and whoever wins COVID-19 will resign. This kind? Freedom? Cultural factors such as folk customs are not excluded, but I am afraid it is just a helplessness. When Americans see other people die because of COVID-19, they really have reservations? Accept fate? Attitude, but when their loved ones were attacked and killed, they began to complain and curse. Life and existence are the premise of freedom. It is an anti-intellectual thinking to give up the fight against epidemic diseases for the so-called personal freedom, which is definitely not the attitude and policy that a responsible government should adopt.

Whether the system is good or not will be tested by long-term practice. It is a fact that the United States has become stronger and its people have become richer since World War II. However, we can't simply draw a conclusion whether there is a causal relationship between the strength of the United States and the prosperity of the people. One possible logical fallacy is that the United States? Hegemonic dividend? Like this? Institutional bonus? . The persistent COVID-19 epidemic in the United States subverts the myth of the American system.

In the second quarter, the American economy experienced the biggest recession since the second world war. On July 30th, local time, the first estimated data released by the US Department of Commerce showed that the gross domestic product (GDP) in the second quarter of this year fell by 32.9% at an annual rate, the largest decline since the 1940s.

Federal Reserve Chairman Powell said, what is the GDP of the United States in the second quarter? The ugliest data on record? . Bloomberg News reported on the 30th that the U.S. economy was at a standstill almost throughout April. Now, the whole world understands the extent of this shrinkage. ? Is the American economy going to fall off the cliff again? Reuters quoted economists' statistics on the 30th, saying that the real GDP of the United States in the first two quarters of this year dropped by about 1 1% year-on-year, bringing the real GDP back to the lowest level in the middle of 20 14 years, which is equivalent to erasing the growth in the past five years.