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Fed’s Kashkari advocates six-week economic lockdown to defeat the coronavirus
CNBC ^ | 08 August 2020 | Jeff Cox

Posted on 08/09/2020 4:26:26 AM PDT by zeestephen

Minneapolis Fed President Neel Kashkari is advocating a full economic shutdown for up to six weeks to halt the Covid-19 spread...In a Friday New York Times op-ed he authored with Michael T. Osterholm of the University of Minnesota, Kashkari said the initial March lockdown didn’t go far enough..."To be effective, the lockdown has to be as comprehensive and strict as possible," Kashkari and Osterholm wrote.

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


TOPICS: News/Current Events
KEYWORDS: coronavirus; economy; greatdepression; lockdown
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To: moovova
Oh, you’re not a medical doctor?

Not a Ph.D either.

41 posted on 08/09/2020 5:17:36 AM PDT by DoodleDawg
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To: Gen.Blather

“The virus has been so politicize...”

The COVID should be designated as a PAC.


42 posted on 08/09/2020 5:18:20 AM PDT by moovova
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To: Lion Den Dan
Kashkari, a Georgian Russian!

He was born in Akron of Indian Hindu parents.

43 posted on 08/09/2020 5:18:48 AM PDT by DoodleDawg
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To: zeestephen

CORRECT!
The one sure way to end the pandemic is to destroy every single life in this nation. 6 weeks of absolute financial shutdown should accomplish that.
Other diabolical news:
Church of Satan demands right to child sacrifice including ritual communion of real flesh.


44 posted on 08/09/2020 5:19:42 AM PDT by Lou Foxwell (It takes a deep level of stupidity to believe Trump is stupid.)
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To: jdsteel
Seems we need a new Fed President in MN.

That's up to the Minneapolis Fed. They hired him.

45 posted on 08/09/2020 5:20:22 AM PDT by DoodleDawg
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To: zeestephen

He’s more than welcomed to sit in his basement for 6 weeks, or maybe 12 weeks, or maybe forever.


46 posted on 08/09/2020 5:20:28 AM PDT by From The Deer Stand
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To: zeestephen

Minneapolis Fed President Neel Kashkari is advocating a full economic shutdown for up to six weeks to halt the Covid-19 spread...

...

As stupid as he is with this opinion, Kashkari is a great name for a banker. He should stick to banking, not epidemiology.


47 posted on 08/09/2020 5:21:16 AM PDT by Moonman62 (http://www.freerepublic.com/~moonman62/)
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To: Fiji Hill
Re: Kashkari ran for California governor as a Republican in 2014

I completely forgot that.

According to Wiki, Kashkari also revealed that he voted for Obama in 2008 - at the same time he was running George Bush's TARP bail out program!

48 posted on 08/09/2020 5:21:46 AM PDT by zeestephen
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To: CincyRichieRich
He likely is paid $250,000 per year plus the best bennies and vacay...to spew this commie crap...let that marinate...

Actually close to $400,000. Bonus is probably around the mid-90's.

49 posted on 08/09/2020 5:23:10 AM PDT by DoodleDawg
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To: zeestephen
During the Great Recession of 2008, Neel Kashkari was appointed Director of the “Troubled Asset Relief Program” (TARP) by George W. Bush.

He's known as a very smart financial guy. But, to paraphrase a blues song, "He wudn't no doctor."

50 posted on 08/09/2020 5:30:22 AM PDT by Pearls Before Swine
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To: rstrahan

Lockdowns work, but we never had one.

Oh, and there’s one little problem.

France had an actual lockdown, not whatever we did here is called. For nine weeks, you could not go out of your house without a police pass. Not even to buy food.

Go to the grocery store? Call the police and get a pass. Each time.

They went to zero, fairly quickly. THAT type of lockdown works.

But not even France could sustain it. And now, they are having a resurgence.


51 posted on 08/09/2020 5:32:07 AM PDT by Jim Noble (Think like youÂ’re right, listen like youÂ’re wrong)
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To: apillar

Should change name to hari Kari.


52 posted on 08/09/2020 5:43:15 AM PDT by Mouton (The media is the enemy of the people.)
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To: zeestephen

53 posted on 08/09/2020 5:44:21 AM PDT by skimbell
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To: KittyKares

This is key. The people on all sides who advocate for keeping things locked down almost certainly have an income stream, either retirement, working from home, or a job that pays them no matter what.

I say we deprive every blasted one of them of their income stream, freeze their accounts so they don’t have more than a week or two of reserve cash, and then see how many of them want to stay locked down.

Same with teachers. Take away their pay unless they teach in person, and see how enthusiastic they are to stay locked down.


54 posted on 08/09/2020 5:44:22 AM PDT by rlmorel ("Truth is Treason in the Empire of Lies"- George Orwell)
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To: djpg

He will shrug his shoulders and say, “Well, so what if I was wrong. I am an economist, not an epidemiologist. I was only giving my opinion.”


55 posted on 08/09/2020 5:57:01 AM PDT by Rockingham
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To: skimbell

That one cracks me up to no end...


56 posted on 08/09/2020 5:59:50 AM PDT by who knows what evil? (Yehovah saved more animals than people on the ark...siameserescue.org)
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To: Rockingham
He will shrug his shoulders and say, “Well, so what if I was wrong. I am an economist, not an epidemiologist. I was only giving my opinion.”

He's not even that. He has two masters degrees: engineering and finance.

57 posted on 08/09/2020 6:01:23 AM PDT by DoodleDawg
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To: zeestephen

Pretty obvious and bad, when Fedzilla openly confirms that they side with the left/DS.

Not that we didn’t know. Just interesting to see such openly and blatant proof.


58 posted on 08/09/2020 6:03:32 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: DoodleDawg; zeestephen

It is not the accuracy of the information but the seriousness of the charge that is important. My posting was seriously missing the sarcasm indicator.


59 posted on 08/09/2020 6:05:13 AM PDT by Lion Den Dan
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To: Jane Long
Pretty obvious and bad, when Fedzilla openly confirms that they side with the left/DS.

He's one Fed bank president out of twelve. His opinions don't reflect the opinion of all the other bank presidents or the Fed Board of Governors.

60 posted on 08/09/2020 6:05:26 AM PDT by DoodleDawg
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