What you're not hearing about whether the Covid vaccines are working... or not.

Monday, November 1, 2021
Donald L. Luskin

Mandates and side-effects notwithstanding, the vaccines have turned back the Delta wave and now the US economy can start opening again.

Update to Strategic View

The re-opening of the US economy stalled in Q3 amidst the Covid Delta variant case wave, because vaccines that were oversold as perfect protection proved not to be. Last week's study in The Lancet makes it seem as thought vaccines are hardly effective at all. The CDC has finally published detailed statistics comparing cases, fatalities and hospitalizations in the US between vaccinated and unvaccinated populations, and it turns out they have been quite effective. Efficacy at preventing infections has declined slightly. Case outcomes across US states correlate strongly with their share of vaccinated population. The vaccines have turned back the Delta case wave against which they were feared to be ineffective. As cases and fatalities continued to decline, the US economy will resume re-opening and growth will reaccelerate.