Either pay people a decent wage to stay home to flatten the curve, or accept the death rate resulting from people who need to eat and have shelter having to go to their jobs.
It's not like you can relax social distancing and have the economy do well, especially not when the death toll really starts ramping up and people fear for their lives every time they leave home. There isn't any choice available in which there isn't a bad recession.
I live in NYC but currently reside in rural upstate NY. We have very few cases up here and it's impossible to NOT socially distance because that the way of life up here.
As of last week, Cuomo is applying the same rules in NYC to all of NY state, which is ridiculous. My family friend has a furniture factory up here that employs 220 people with a backlog of $2M+ pieces worth of furniture. All of his employees were socially distancing before and everyone had an N95 because of what they were building. Cuomo shut down the state and this guys business is about to go under (competition is legally opening up in Ohio and other states) because he's weekly payroll is 125 and at some point he doesn't want to risk $500-1MM of his own money out of pocket to weather the storm. That is 220 jobs that do not need to disappear.
The same rules that apply to NYC should apply to other areas. Some of these problems were are seeing are policy problems.
This is an awkward and difficult situation. If we underreact, we will have hundreds of thousands or millions more deaths (not joblessness, actual dead people) than we could have if we reacted appropriately. I think that's worse than the alternative of a massive recession, but I definitely sympathize with people who are most affected, like your friend and his employees. It's tough; there's no clear right answer; mistakes will be made. We just need to do the best with the information we have, and trust the experts to do the same. I'm sorry :(
I do agree mistakes will be made, but i also think there there are leaders on both sides of the political aisle that should resign at this point for errors they have made.
To take the logical extreme, if we were to avoid all possible immediate threat to life, no one should leave the house, let alone drive to work. Obviously, our society would immediately collapse, and many millions would die. So we have to balance possible immediate threats against likely longer term consequences. Something we do not seem to be doing very well in the case of covid-19.
I'm confused, do you actually think the mortality rate of a down economy will be anywhere near that of a pandemic? Let me know if I'm misinterpreting you here but it sure seems like this is what you're arguing.
History doesn't bear this out. The Great Depression resulted in an uptick in suicide, yes, but a decline in practically every other cause of mortality.
https://www.pnas.org/content/106/41/17290.full
> yters: Yes, I do think we could have a more reasonable approach that will result in less aggregate deaths than our current approach.
You could look at any societal attempt to deal with a large scale threat and say "well that could've been done better", but as I said in my other comment, perfection takes time, and, with time of the essence, I think we were smart to move forward with an imperfect but obviously impactful solution rather than burn time and lives trying to find some mythical perfect balance.