Guns vs. Butter. On its simplest level this economic graph represents the country's need to produce guns during wartime versus the need for butter. With a finite amount of resources, which is more important to produce? Do we sacrifice national defense in lieu of household supplies? When the model was promulgated around the time of WWI, it was one or the other.  Today, face masks vs. toilet paper is the new guns vs. butter. The more masks we need, the less toilet paper on the grocery shelves.  When Coronavirus was limited to the Wuhan region and there were signs of it starting to spread around Asia, I bought a box of N95 face masks from Home Depot. There were 15 in the box and it cost about $25. I offered to give most of them to a friend who is a nurse. She told me to keep them as I would need them. She was right. I have since given them away to friends and family, saving one for me and one for mom. I also have two bandanas in the wings.  The CDC and the federal govern......

Read More of The New Guns vs. Butter...

[Read More...]