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As the United States enters the second week of its coronavirus response, we’ve reached nearly 47,000 cases with 600 deaths. While we keep hearing from public health experts that the best way to limit the damage is for people to stay home, at a press conference yesterday President Trump made it clear that he wishes for businesses to reopen after a 2-week shutdown.
“Our country was not built to be shut down,” the President said. “We are going to be opening up our country for business because our country was meant to be open.”
Why This Matters: We are already likely in the midst of an economic recession. We can either use this as an opportunity to reinvest in our society and make it stronger or we can send people back to work where they risk death. And let’s be clear–the Americans who will go back to work at the ones who have to and those that do not have the option to work from home or take an extended leave. The President’s suggestion would be a disaster for the working-class, many of the same people who sent him to the White House.
Go Deeper: Extended quarantine, of course, comes with drastic economic impacts but the risk of overwhelming our healthcare system could cost hundreds of thousands (if not millions) of lives. It’s yet another example of how the President’s refusal to listen to science has botched his response to the COVID-19 crisis and created needless confusion where Americans don’t know what to believe.
What the Economists Say: Read this thread,
I can barely wrap my head around it, but I have to admit that I am, in fact, hearing people argue that, yes, it's worth taking the risk that MILLIONS of Americans will die in exchange for an inscrutably indeterminate chance of improvement in the economic outlook.
In Dr. Anthony Fauci’s recent interview with In Style Magazine, he kept a diplomatic tone about how well the White House takes the hard truths he has to share about the COVID-19 pandemic. But what if we had an anger translator to tell us what cool, calm, collected Fauci ACTUALLY means? Sounds amazing, we nominate […]
A new study published in the Journal Science yesterday found that the costs preventing pandemics using three conservation strategies are substantially less than the economic losses and mortality costs of responding to a global zoonotic virus once it occurs.
Why This Matters: As the study’s authors explain, the risks of zoonotic disease are higher than ever as increasingly intimate associations between humans and wildlife disease reservoirs accelerate the potential for viruses to spread globally.
As the world is grappling with the coronavirus pandemic, the World Health Organization has warned that another infamous killer–the bubonic plague–has made a comeback by categorizing it as a re-emerging disease. As CNN reported, on July 7, Chinese authorities confirmed a case of the bubonic plague in inner Mongolia. and yesterday in an unrelated case, […]
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