Re:America needs an immediate five-week national lockdown to...
by untog on Sunday March 22, 2020 @02:48PM
(#22657452)
Economic contraction can be countered by government spending in the short term. For instance in the UK the government has pledged to pay up to 80% of unemployed workers wages during this crisis. There will certainly be a hole to dig out of later, but it means no binary choice between economic contraction and people dying.
Re:America needs an immediate five-week national lockdown to...
by caseymarquis on Sunday March 22, 2020 @03:01PM
(#22657557)
Agreed.
It's not that we can't lock down and accept economic contraction, it's that we should do the math before we commit to that path. Lockdown may be the clear winner.