Even without Donald Trump in office, the current system would be failing, for it has no capacity to protect the nation as a whole.
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and just about the only official in the Trump administration trusted to tell the truth about the coronavirus, said last Thursday:"The system does not, is not really geared to what we need right now.... It is a failing. Let's admit it."
The ad hoc response fashioned late Friday by House Democrats and the White House may help a bit, although it's skimpy, as I'll explain. Instead of a public health system, we have a private for-profit system for individuals lucky enough to afford it and a rickety social insurance system for people fortunate enough to have a full-time job.
Contrast this with America's financial system. The Federal Reserve concerns itself with the health of financial markets as a whole. Late last week, the Fed made $1.5 trillion available to banks at the slightest hint of difficulties making trades. No one batted an eye.
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