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Home Illinois News

Economic Pain of State Lockdowns Could Linger Long After COVID Is Gone

Illinois Review by Illinois Review
December 9, 2020
in Illinois News
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Governors who locked down their state in response to the COVID-19 pandemic have wreaked havoc on their economies without reducing death or hospitalization rates compared to states that took less stringent measures, analyses of multiple datasets show.

The Laffer-ALEC Report on Economic Freedom: Grading America’s 50 Governors 2020, by Arthur B. Laffer, Donna Arduin, Stephen Moore, and Johnathan Williams, published by the American Legislative Exchange Council, scored the governors on a variety of policies—such as education, welfare, and taxes.

Among the 20 variables used, the scorecard specifically ranks the governors on their preparedness for fiscal emergencies and how they spent federal funds designed to respond to the pandemic. Some governors spent aid from the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, to respond to the pandemic, but other governors diverted the funds to other spending priorities.

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