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Paul Krugman: 'Crazy' to reopen economy in the next few weeks
The Hill ^ | 04 13 2020 | John Bowden

Posted on 04/13/2020 2:42:53 PM PDT by yesthatjallen

New York Times columnist Paul Krugman said Monday that it would be "crazy" for the U.S. economy to be safely reopened in a matter of weeks.

In an interview with CNN, Krugman warned that the U.S. has not yet reduced the coronavirus's spread enough to warrant the reopening of the U.S. economy, adding that places such as Denmark and China that have begun to reopen some sectors of public life risk a resurgence of the virus.

"I think we're waiting to see whether places that seem to have the thing under control and start to try to return ... to normalcy, whether they have second-wave outbreaks," Krugman said, pointing to a recent second spike in cases in Singapore.

"The closest model we have is the influenza of 1918, 1919, where it turned out that places that were too eager to return to normal life paid the price," he added. "But one thing that we know for sure is that the United States is nowhere close to that point. So the idea that we can reopen in a matter of a few weeks is crazy."

SNIP

(Excerpt) Read more at thehill.com ...


TOPICS: News/Current Events
KEYWORDS: coronavirus; economy; paulkrugman; shutdown
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When Paul Krugman speaks, do the opposite.
1 posted on 04/13/2020 2:42:53 PM PDT by yesthatjallen
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To: yesthatjallen

So says a man who has never once been correct in any of his prognostications ever in his life.


2 posted on 04/13/2020 2:44:33 PM PDT by ocrp1982
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To: yesthatjallen

Yes. I think this is the opening bell, as far as I am concerned.


3 posted on 04/13/2020 2:44:47 PM PDT by fhayek
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To: yesthatjallen

Might as well give him a Nobel prize for medicine too.


4 posted on 04/13/2020 2:45:30 PM PDT by tinyowl
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To: yesthatjallen

I think the headline should have stopped after “Crazy”.


5 posted on 04/13/2020 2:45:36 PM PDT by Bruce Campbells Chin
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To: yesthatjallen

When Paul Krugman speaks, do the opposite.


Exactly.

The Democrats want to drag this out as long as they can.

They are willing to destroy America if it means defeating President Trump in November.


6 posted on 04/13/2020 2:45:48 PM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: yesthatjallen

Whew! I was thinking it may not be such a good idea to re-open freedom and re-instate the Constitution.


7 posted on 04/13/2020 2:45:58 PM PDT by scottinoc
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To: yesthatjallen

...because if we reopened the economy then Trump would win re-election...and that’d be crazy!


8 posted on 04/13/2020 2:46:08 PM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: yesthatjallen

Rantings of a committed Marxist - bump for later...


9 posted on 04/13/2020 2:46:30 PM PDT by indthkr
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To: yesthatjallen

Democrats are evil scum.


10 posted on 04/13/2020 2:46:41 PM PDT by stinkerpot65 (Global warming is a Marxist lie.)
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To: yesthatjallen

PK is still getting pad for spouting his BS. He doesn’t care about this country and its suffering people.


11 posted on 04/13/2020 2:46:47 PM PDT by txrefugee
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To: yesthatjallen

I think it’s genius how Trump has setup the Dems on this. The Dems are on record saying that only they have the power to decide whether to reopen the country. So Trump should let them make the decision. It will be interesting to see Cuomo burn NYC to the ground.


12 posted on 04/13/2020 2:47:03 PM PDT by Brilliant
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To: All

Now I am convinced we should open it tomorrow.


13 posted on 04/13/2020 2:47:11 PM PDT by gibsonguy
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To: yesthatjallen

He may want to have a word with the governor’s of California, Oregon and Washington.


14 posted on 04/13/2020 2:47:39 PM PDT by Lurkina.n.Learnin (The Revolution Will Not Be Televised but It Will Be Livestreamed)
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Here's a friendly suggestion for Krugman.


15 posted on 04/13/2020 2:47:49 PM PDT by Enterprise
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To: yesthatjallen

Thats enough for me, lets all go back to work now.


16 posted on 04/13/2020 2:48:02 PM PDT by eyeamok
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To: yesthatjallen

This is a good sign, but I’m waiting for Dick Morris to make a similar observation before I can be totally confident it’s time to reopen.


17 posted on 04/13/2020 2:48:04 PM PDT by KevinB ("Ignorance more frequently begets confidence than does knowledge." - Charles Darwin)
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To: txrefugee

paid for spouting his BS


18 posted on 04/13/2020 2:48:20 PM PDT by txrefugee
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To: yesthatjallen

Paul would know a lot about crazy.


19 posted on 04/13/2020 2:48:44 PM PDT by Paladin2
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To: yesthatjallen

In my neck of the woods all the food stores, combo stores like Target, WalMart, Costco, Sams, and Garden/Hardware Stores like Home Depot and Lowes are open. Ditto for the corner Drug Stores like Walgreens. Banks and Gas Stations are all open. All the fast food joints are open with take out. Banks are open.

People going all over the place.

About the only places closed are Mom & Pop Stores and Manufacturing Plants.


20 posted on 04/13/2020 2:48:50 PM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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