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In global life-death struggle, democracy changes course | VOA News

In global life-death struggle, democracy changes course | VOA News

Outside wartime nothing like it as ever been seen before in modern Western history. The lockdowns by democratic states with their draconian constraints on civil liberties and private enterprise fly in the face of an historical progression that’s seen the size and roles of governments shrunk and individual liberty boosted. The size and scope of the state’s role in the economy prompted by the coronavirus dwarfs anything mounted to handle the 2008 financial crash. Britain, France and other European countries have offered so far loans and subsidies worth around 15% of their GDPs. America’s stimulus package is at around 10% of GDP. The U.S. fiscal stimulus package was dubbed by Larry Kudlow, President Donald Trump’s economic adviser, “the single largest Main Street assistance program in the history of the United States.”

Source: https://www.voanews.com/science-health/coronavirus-outbreak/global-life-death-struggle-democracy-changes-course