UN Chief Highlights Importance Of Private Market In Fueling Recovery

In a recent Davos speech the United Nations chief highlighted the importance of the private sector in helping with the overall pandemic recovery.
We need you more than ever to help us change course, end fragility, avert climate catastrophe and build the equitable and sustainable future we want and need” UN Secretary General António Guterres told international leaders recently.

These thousands of businesses that span across dozens of industries are what is going to help to bring people back on their feet, while lawmakers bitch and complain about how much in stimulus checks they deserve to be sent.

Those businesses are going to help fuel the recovery but they are going to have a more difficult time going about that with the boot on their throat that is government. This boot severely infringes their ability to get creative and solve problems that we face right now. The government makes it more difficult for the market to respond when they tie their hands behind their back with unwarranted or unjust restrictions.

Whether it's limited capacity rules, distancing, forced closures, limited business hours, there are many ways that the government has severely restricted the success of businesses across last year and still into this year more than usual.

However, they cannot stop the problem-solving and innovation entirely.

So far, COVID-19 hasn't managed to take down the economy for good like many thought that it might. The market didn't fail, it helped to cloth, feed, and support billions of people while they went through this unprecedented problem.

There are still between 10-20 million workers who lost their jobs and who still remain unemployed in the United States alone.
But as vaccine distribution increases that is expected to change, with more areas coming out of lockdown and opening up for business once again.
The recovery in some instances might come a lot quicker if the government stepped out of the way of that private market in allowing it to do what it does best, serve the needs of others.

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