berg80
Diamond Member
- Oct 28, 2017
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- #81
Not my fear mongering, the recommendations of medical experts. But don't let the facts get in your way.But don't let the facts get in your way...continue with your fear-mongering attempt to destroy the economy.
U.S. Is Nowhere Close to Reopening the Economy, Experts Say
U.S. Is Nowhere Close to Reopening the Economy, Experts Say (Published 2020)
Here’s what economists say the United States needs to start returning to normal amid the coronavirus outbreak — and how the economy can survive in the meantime.
www.nytimes.com
Essentially, economists say, there won’t be a fully functioning economy again until people are confident that they can go about their business without a high risk of catching the virus.
“Our ability to reopen the economy ultimately depends on our ability to better understand the spread and risk of the virus,” said Betsey Stevenson, a University of Michigan economist who worked on the White House Council of Economic Advisers under President Barack Obama. “It’s also quite likely that we will need to figure out how to reopen the economy with the virus remaining a threat.”
Public health experts are beginning to make predictions about when coronavirus infection rates will peak. Economists are calculating when the cost of continuing to shutter restaurants, shopping malls and other businesses — a move that has already pushed some 10 million Americans into unemployment, with millions more on the way — will outweigh the savings from further efforts to slow the virus once the infection curve has flattened out.