Donald Trump thinks he can somehow separate public health and the economy, allowing tens of millions of people to get sick and millions to die without damaging the economy. He’s wrong, as are the markets-first people pushing him in that direction.
If stay-home guidelines are reversed and coronavirus spreads, “The loss of life we’re talking about exceeds wars we’ve been in,” Diane Swonk, chief economist at the accounting firm Grant Thornton in Chicago, told The Boston Globe. The damage to the U.S. economy “would be hard to ever recover from. As hard as all of this is, the cost-benefit is pretty easy,” she said. As in, the benefits of restrictions on normal life outweigh the costs.
Source: Daily Kos NewsColony: Politics