Posted on 04/19/2020 5:19:58 PM PDT by CheshireTheCat
...The core realization we face right now is that it is not possible to stop and start an economy; nor is it possible to distinguish between essential and nonessential. The commercial society is a web in which everyone and everything is connected with everyone and everything else.
Business confidence has been shattered. It will be a long time before trust returns, to say nothing of confidence. We need an ironclad promise from our political leaders that this will not and cannot ever happen again. We won’t get that, so as a proxy we need public opinion to rage and for every voice of suppression to experience the fallout.
Meanwhile, we are rediscovering what disease mitigation looks like in a free society. The vulnerable isolate voluntarily. Medical professionals get to work. We do our best not to destroy life functioning. The politicians bow out...
(Excerpt) Read more at aier.org ...
I beg to differ.
Having shut the economy for the first time, we've provided some protection. Certainly could be better. We've provided some guidelines and protections for essential businesses. Those could be better too.
The economy was shutting down with or without the government coordinating it. It would have just been an uglier more inconsistent and therefore ineffective shut down.
In the end, every job related to the free market is essential. Large corporations do, from time to time, get overloaded with bureaucrats, but the market will ultimately flush them out. Only government jobs endure forever.
Having shut the economy for the first time, we’ve provided some protection.
It will be a long time before trust returns, to say nothing of confidence.
Had the stockpile of PPE & ventilators not been almost completed depleted without refreshing the supply, I don’t think a shutdown of the economy of America would have ever occurred. That issue lies squarely at the feet of former president Obama.
“the Great Suppression.” The perfect tag.
I think it’s fair to say that the economy is not totally dismantled. We have about 20 to 39 percent unemployment, which is jaw dropping, but we still have an economy. At least today.
Dells, don’t get me started. Acers, still pretty often. I hear Macs give no trouble, but I’ll have to own one to see.
Well, Obama likes to take credit for Trump’s successes. I don’t imagine he will own up to this.
the virus is here, probably has been here, will be around for some time and more people will die BUT more people will live as well...
we can not do anything to stop a virus and the only protection until a vaccine is found is to keep the vulnerable isolated...
This is seminal event in the history of mankind. I guess it is entertaining to some to guess what is going to happen. Hard to do that. Reading articles on line you get many contradicting each other.
One day at a time.
I just caught the tail end of this guest on Fox show Life, Liberty & Levin, so did not get his name or profession but what the points he made make sense.
Point #1 : If we keep shutdown going until there are zero more infections, it could be a very long time, and by then the economy will have died for good and we will be dealing with a very long great depression #2.
Point #2 : Since data is clear that majority of people getting infected don’t even show any symptoms (asymptomatic).
And most healthy infected people recover with proper medical treatment. These type of people are mostly in our work force. If they are allowed to go back to work and mix with other people, majority will acquire the infection, but most will be asymptomatic. Those who get sick will get proper treatment and recover. The benefit is they acquire anti-bodies and thus acquire good immunity. We do not yet know how long this immunity will last but we do know that anti-bodies generally make you immune from the same virus for a significant period with all other infectious diseases.
Point #3 : As these asymptomatic workers infect others, the majority of those others will also be asymptomatic and acquire immunity. The sooner all workers acquire anti-bodies, the less covid-19 becomes a problem. Which then follows that after a few months the entire working population has anti-bodies.
Point #4 : That leaves out the most vulnerable such as very old, or with serious existing health issues. So now instead of having to monitor all infected people who test positive, the country has to monitor only those considered most vulnerable, which is a much smaller number and could be manageable, until an effective vaccine comes along.
True.
I was surprised to hear that 60% of Americans can do their jobs from home.
With a lot of medical, grocery, hardware, banking and I sure hope agriculture, and of course militgary there’s a lot that has continued.
I’m not sure what percent unemployment we are at.
He won’t have to, because the Democrat MSM agency won’t mention his shortcomings.
True, however I am 73 and have had both heart and lung surgery so am walking around with a huge bulls-eye on my back and it didn’t take the government to tell me I need to isolate. Figured that one out by myself.
Of course conservatives are the ones that believe in personal responsibility and liberals believe it is the role of government to take care of us, cradle to grave, as we are not capable of making that decision ourselves.
There isn’t going to a CCP-19 response 2.0
bump
Danny you are NOTHING but doom and gloom have been since day 1 take it elsewhere you obviously have never owned or built a business, I have and these business owner are suffering a hell of a lot more from quarantine than any damn virus!!!
If I think of my nuclear family:
Before covid panic
1 retired
4 pt
3 ft
1 sahm
1 ft student
After covid panic
1 retired
3 pt (2 getting less pay now)
3 ft (all three working from home)
2 sahm
1 ft student but it’s all online now
So major changes but there is still definitely an economy.
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