Eric Zuesse
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.
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