ECONOMIC PANDEMIC: Promoting the physical health of a nation at the expense of the psychological

Covid-19 savagely reveals a little more about itself each day. Hourly news cycles provide spread updates and reveal exactly who its victims are. Our medical community calls them the "medically fragile," individuals with compromised immune systems, diabetes, heart disease, etc. We are discovering however, there is another category of "fragile" people falling victim to this stealthy killer, even if they are fortunate enough not to contract the disease.

This evening I received a phone call from a pastor who shared how he was called to comfort a grieving elderly woman earlier in the day. She and her husband, both in their late eighties had self-quarantined at home in observance of shelter in place orders. The husband was convinced he had Covid-19 and couldn't live with the thought of it any longer. In his despair he took his life leaving behind his wife of many years. He is just one of many who suffer under the mental and emotional strain brought on by Covid-19. These are the "psychologically fragile."

While the medically fragile and their doctor know their underlying condition, the psychologically fragile aren't known until a life altering situation occurs.

While the medically fragile and their doctor know their underlying condition, the psychologically fragile aren't known until a life altering situation occurs.

In an effort to stem the spread of Covid-19 and the mounting death toll among the medically fragile, America's economic engine been brought to a screeching halt. To suggest doing any less is labeled by the media as cold and uncompassionate. A total closure of the US economy for the next three months seems of little concern for those who's priorities are "in the right place." After all, how can the well- being of Wall Street be important compared to the well-being of the medically fragile? New York Governor Andrew Cuomo thoughtlessly stated: "This is about saving lives and if everything we do saves just one life, I'll be happy."

I predict many years from now historians will look back upon this time and ask; "Why were the psychologically fragile less valuable than the medically fragile? Why were their struggles overlooked?" I believe that in retrospect, our reaction to this crisis will be viewed as a time of massive government overreach. As Americans attempt to return to normal there will be no nightly suicide totals being broadcast 24/7 by the media. They will be deemed the insignificant collateral casualty of our war against Covid-19.

This won't be the first time there is a massive loss of the psychologically fragile. Most of us remember stories from the stock market crash of 1929. We remember the legendary stories of stockbrokers jumping out of windows and their bodies littering the street below the New York Stock Exchange. Were it not for the fanciful and morbid imagery provided by Will Rogers, America would have forgotten the truly horrific cost of the 1929 crash went far beyond a plunging market. As fate would have it, Will Rogers was in New York City October 24, 1929 as the Roaring 20's came to a climatic close. He described the events of that day in his nationally syndicated column.

"When Wall Street took that tail-spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River."

Will Rogers was America's humorist. His description of the events of 1929 would forever bookmark this tragedy and gave us a light-hearted way of remembering the loss in a way we could deal with it.

In reality, it wasn't Wall Street where countless suicides of the psychologically fragile occurred, it was actually Main Street. Washington Post columnist Bennett Lowenthal chronicled some of these stories thin his column of October 25 , 1987 (1);

"Ignatz Engel was a retired cigar maker in the Bronx who invested in the market in time to be wiped out by the Crash. On Nov. 13, depressed over his losses, he lay down on a blanket in his kitchen and opened all the jets of the gas range. The next day, the president of the Rochester Gas and Electric Corp., no longer able to endure his loss of more than $1,200,000, ended his own life using -- what else? -- gas. A Chicago dentist snuffed himself with gas on Dec. 12; police said that he had succumbed to remorse for having persuaded his young woman assistant and laboratory aide to put all of their savings into the market in the euphoria before the Crash."

These individual stories while shocking to the National conscience, are but a glimpse of the desperation felt by a multitude of people who took their lives as a result of the 1929 crash. History tells us this isn't the first time an economic crisis has led many to take such drastic action. Between 1791 and 1929 the United States saw ten market collapses. Each time the psychologically fragile responded with despair and life ending consequences.

In 2014, Melanie Haiken wrote a piece for Forbes magazine titled: "More Than 10,000 Suicides Tied to Economic Crisis, Study Says" (2)

Haiken, known for her research on suicides among our veteran population, looked back on the 2008 economic collapse of the sub-prime housing market and the dramatic spike in suicides between 2008 and 2010. Her report focused on the findings of an in-depth study conducted by researchers from the University of Oxford (later published in the British Journal of Psychiatry.) She drew conclusions similar to those of studies conducted by the Center for Disease Control and Prevention that looked back at the Great Depression. The findings revealed the suicide rate among men was four times higher than women. The research pointed to the obvious factors of job loss, home foreclosures, and debt. The one startling difference was that the 2008 collapse which resulted in a recession saw more suicides than the Great Depression of 1929. During 2009, the worst year of the economic recession, death by suicide exceeded deaths from car crashes.

We can wait years to examine the Covid-19 Crash of the US Economy or we can draw on history and take steps today to mitigate the predictable damage.

We can wait years to examine the Covid-19 Crash of the US Economy or we can draw on history and take steps today to mitigate the predictable damage.

What will be the consequences of intentionally shuttering the US economic engine? What should we prepare for? According to The St. Louis Federal Reserve there are 67 million American workers "at high risk of layoff." We could see the eventual loss of 47 million jobs and an unemployment rate of 32.1%.

"These are very large numbers by historical standards, but this is a rather unique shock that is unlike any other experienced by the U.S. economy in the last 100 years," said St. Louis Fed economist Miguel Faria-e-Castro.

Dr. Steve Stack, a professor at Wayne State University, has done extensive research on the correlation of unemployment and suicide. At the height of the great depression, the unemployment rate reached 24.9%. He says, "In the modern era, for every 1 percent increase in the unemployment rate, there has typically been an increase of about 1 percent in the number of suicides."

The U.S. jobless rate at the end of 2019 was 3.5 percent with a suicide rate of 14 per 100,000 people. If the jobless rate reaches 32.1%, Stacks model would predict a suicide rate of approximately`` 42 per 100,000 people. If the number of layoffs predicted by the St. Louis Fed report is correct, this economic crisis will make all others pale in comparison.

What separates this economic collapse from every other one in U.S. history is that state and federal leaders hit the Kill Switch in response to medical experts predicting an apocalyptic 1 to 2 million American deaths from the virus. Just two weeks ago the World Health Organizations Director-General Tedros Adhanom was predicting a 3.4% mortality rate (34 times greater than the seasonal flu). As facts break through the hysteria the medical community is beginning to walk back these horrific predictions.

America's top doctor, Anthony Fauci this past week stated in the New England Journal of Medicine. (3)

America has endured much over the past few weeks, but maybe it's not too late to reverse the effects for those who are hanging on by a thread. Let's turn the switch back on and help us all, including the psychologically and medically fragile. In World War 2 my grandparents planted Victory Gardens. They weren't commanded to do that by President Roosevelt, they did it out of love for America and their fellow man. We can save the medically fragile by allowing them to self-quarantine while we collectively meet their needs for food and shelter. We can save the psychologically fragile by allowing them to work and in so doing, allow them to realize the sense of purpose and value to their fellow man.

Moving forward. We have to come to grips with the consequences of irreparable damage and destroyed lives. As summer brings the warmth and sun, experts predict this killer will retreat until the fall. If the virus does reappear, will we learn from this experience and strike an appropriate balance between the medically fragile and the economy? Or will we hit the Kill Switch and plunge the world into disastrous depression. The vast majority of the wealthy endure times like this with little to no long-term financial damage but it's the exact opposite for the poor, the middle class, and the small business owner. They have neither the cash nor emotional cushion to endure another government induced calamity. We're better than this.

Sources:

(1) https://www.washingtonpost.com/archive/opinions/1987/10/25/the-jumpers-of-29/17defff9- f725-43b7-831b-7924ac0a1363/

(2) https://www.forbes.com/sites/melaniehaiken/2014/06/12/more-than-10000-suicides-tied-to- economic-crisis-study-says/#3b0f745a7ae2

(3) https://www.nejm.org/doi/full/10.1056/NEJMe2002387

Steve Toth is an American businessman from Conroe, Texas, who represents District 15 as a Republican in the Texas House of Representatives.

The 2020 Radio Hall of Fame Induction Ceremony takes place on October 29, from 7 to 9pm ET, hosted by iHeartMedia's Elvis Duran. The ceremony will broadcast live on radio stations across the country, streamed via iHeartRadio, and on the SiriusXM Triumph Channel, and on Blaze Radio Network.

More information here.

Listen to the ceremony live now.


Protests following the fatal police shooting of Walter Wallace Jr quickly devolved into violence, rioting, and looting in Philadelphia, and BlazeTV's Elijah Schaffer was there to document what the mainstream media won't. But while filming the carnage inside a Five Below on Tuesday, Elijah was surrounded and attacked by looters.

Elijah joined Glenn Beck on the radio program Wednesday to detail his experience and to explain why mainstream media efforts to downplay the violence just show that independent media has never been more important.

"Unfortunately, [the attack] escalated from one person to about a dozen very quickly," Elijah explained. "I'm actually really happy to be alive. Because in that same shopping center, right there, there was a 15-year-old girl who was shot, according to reports. And I heard multiple gunshots throughout the night. Another individual is reported to have heard a gunshot as well, so we try to confirm. I watched people get pummeled beyond belief."

Glenn asked Elijah to respond to mainstream media claims that conservatives are exaggerating the looting and violence in Philadelphia.

"It's so funny to hear people that aren't there try to counter what we're reporting," Elijah replied.

Watch the video below to catch more of the conversation:

Subscribe to BlazeTV today with our BEST DEAL EVER for $30 off with promo code GLENN.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

In the final days before the 2020 election, President Donald Trump is gaining among black voters, particularly men, because his record of accomplishments "speaks for itself" and the "façade" that President Trump is a racist "just doesn't ring true," argued sports columnist Jason Whitlock on "The Glenn Beck Radio Program" Tuesday.

Jason, who recently interviewed the president at the White House for OutKick.com, shared his thoughts on why he believes many black Americans — notably celebrities such as Kanye West, Ice Cube, and 50 Cent — are breaking from the "façade" that President Trump is a "flaming racist."

"I really believe the facts are starting to speak for themselves, and that Donald Trump's record of accomplishments, particularly as it relates to African Americans, speaks for itself," Jason told Glenn. "He actually has a record to stand on, unlike even Barack Obama. When [Obama] was president, I don't think he had much of a record to stand on, in terms of, 'Hey, what did he actually deliver for African Americans?' President Trump has things he can stand on and, you know, beyond that I think black people understand when he starts talking about black unemployment rate. And America's unemployment rate. And then, when you add in for black men, the façade we've been putting on [President Trump] … you know, this whole thing that he's some flaming racist, it just doesn't ring true."

Jason suggested that Trump's fearlessness, unabashed masculinity, and record of keeping his promises resonates with men in the black community. He also weighed in on how media and social media's bias plays a huge role in convincing people to hate President Trump while ignoring Antifa and others on the Left.

"I keep explaining to people, Twitter, Instagram, Facebook, they're some of the most secular places on earth. And we've reduced everyone to a tweet, that we disagree with," he added.

Watch the video below to catch more of the conversation:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Megyn Kelly is not happy about the "disgusting" media coverage of President Donald Trump, specifically pointing to Lesley Stahl's "60 Minutes" interview on CBS Sunday.

On the radio program, Megyn told Glenn Beck the media has become so blinded by the "Trump Derangement Syndrome" that they've lost their own credibility — and now they can't get it back.

"It's disgusting. It's stomach-turning," Megyn said of the media's coverage of the president. "But it's just a continuation of what we've seen over the past couple of years. Their 'Trump Derangement Syndrome' has blinded them to what they're doing to their own credibility. They can't get it back. It's too late. They've already sacrificed it. And now no one is listening to them other than the hard partisans for whom they craft their news."

Megyn also discussed how she would have covered the recent stories about Hunter and Joe Biden's alleged corruption. Watch the video below to catch more of the conversation:


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.