$15 trillion dollars. That’s $15,000,000,000,000. It’s an unfathomable amount of money. As Professor of Economics Antony Davies says in our final installment of the COVID DISRUPTION SERIES, it’s enough money to buy everything in Spain.
And yet that’s how much the Congressional Budgeting Office estimates Covid-19 measures will cost the U.S. government over the next five years. In light of such an abuse of power from the federal government, it’s worth revisiting one of Covid’s enduring lessons: that small, local governments are quicker, more precise, and more efficient than large, national ones.