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A comment on Effect of economic crisis on America’s small businesses [slides]. Parent comment

Re:Effect of economic crisis on America’s small businesses [... by jlj on Saturday March 21, 2020 @02:51AM (#22645046)
"these people" are dying in mass and overwhelming the medical system and even the crematoriums. And they deserve to have quality of life and die with dignity and proper care.

I'd rather a strong, comprehensive public health response than trying to economic recovery ourselves out of this problem. IMHO, the economy is a distraction to numb us from the tsunami of ICU patients and deaths to come.

The economy is not sacred, and is cyclical, and needs a good purge and rebalancing every 8 years or so. Recessions reallocate capital to be used more efficiently. After 2008 they were politicized as something to be avoided at all costs.

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Re:Effect of economic crisis on America’s small businesses [... by roenxi on Saturday March 21, 2020 @06:21AM (#22645626)
The part of the economy that is responsible for electricity, clean running water, food and emergency services absolutely is sacred. The rest of it can maybe be put on hold for a few months; but it will be very painful for many, many people.

What isn't sacred are the people who own all that. They are as disposable as are any other parts of the economic machine. Replacing them is probably a good idea.

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