Wednesday, May 6, 2020

Models Project Sharp Rise in Deaths as States Reopen

Several models, run by multiple different organizations, show that if the economy reopens soon, it will cause a huge uptick in the number of cases and deaths caused by covid-19. Yet, the white house is adamant about reopening the economy as soon as possible.
This brings up 2 points. Firstly, this is beginning to become more of an ethical issue than an economic one. Are we really prepared to open the economy given the possible 10,000 american deaths that could occur as a result. Secondly, the speed at which the economy fumbled makes me wonder if the supply-side economics that we are currently practicing is actually effective and more importantly secure and stable.

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