And Texas Caves In
The last bastion of sanity has jumped on the "stay at home" bandwagon. They just sent me an email that they have closed all state parks to save the 1% who may die from the dreaded super virus. Texas...
Forum Discussion
"Those examining one side without regard to the other are having a hard time understanding those who approach from the opposite direction."
Agree with that. My view is that most folks supporting a continuing lock down are not considering (certainly in my view not giving due weight to) the economic impacts of that lockdown, particularly when there is limited reporting on what percentage of COVID-19 infected people (not just "tested") are recovering from the disease.
As noted above, we didn't create this pandemic. The assertion that there is no data to support an economic impact can be debated at some length (record unemployment numbers would be one item of data) but even prior to initiating that debate, it would have to be acknowledged that we have never, ever (not in 1929, not in 2001, not in 2008, etc) had a financial situation wherein, by government fiat, the two-prong situation was imposed 1) the economy was shut down;and 2) money was printed to pay the impacts of that imposed shutdown. Given the unique and novel nature of the economic approach, there is no rational basis to assume that "this will all pass" or that eventually "the dust will settle".
Hopefully it passes, hopefully the dust settles, hopefully the percentage of our workforce forced out of a job gets some money to put food on the table, but blithely assuming that "this too shall pass" or that any and all economic impact need not be considered and evaluated, is misguided, in my view.
Agree with that. My view is that most folks supporting a continuing lock down are not considering (certainly in my view not giving due weight to) the economic impacts of that lockdown, particularly when there is limited reporting on what percentage of COVID-19 infected people (not just "tested") are recovering from the disease.
As noted above, we didn't create this pandemic. The assertion that there is no data to support an economic impact can be debated at some length (record unemployment numbers would be one item of data) but even prior to initiating that debate, it would have to be acknowledged that we have never, ever (not in 1929, not in 2001, not in 2008, etc) had a financial situation wherein, by government fiat, the two-prong situation was imposed 1) the economy was shut down;and 2) money was printed to pay the impacts of that imposed shutdown. Given the unique and novel nature of the economic approach, there is no rational basis to assume that "this will all pass" or that eventually "the dust will settle".
Hopefully it passes, hopefully the dust settles, hopefully the percentage of our workforce forced out of a job gets some money to put food on the table, but blithely assuming that "this too shall pass" or that any and all economic impact need not be considered and evaluated, is misguided, in my view.
