way2roll wrote:
PA12DRVR wrote:
"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.
Taking snippets of posts without the entire content dilutes the point of the original post. I haven't seen anyone on here say there wasn't going to be any economic impact. The point was - balking at the claim that the economy will be ruined or our kids and grandkids. No data to support that and sensible logic tells us that won't actually happen. The point of those claiming that we are self ruining the economy for baseless paranoia, is in itself baseless paranoia. It's a pretty heavy theme in this thread by a select few, that there is no hard data to support mandated closures and even if there were, the ruination of our economy isn't worth the lives saved. I strongly disagree with that vein of thought. Will there be economic impact?, you bet. Are we ruining the economy for our children and grandchildren?, no. I am open to someone with the evidence to change my mind.
Think what you want about snippets of posts. I quoted what I agreed with for the point of saying I agreed with it. Didn't agree with most (or all) of the remaining post. Tell me how sensible logic tells us that the economy won't be ruined when we've never experienced a shutdown that was self-imposed and that was accompanied by a drastic rampup of the printing presses to print money to pay for the impacts of that shutdown. There is no prior experience to extrapolate to justify a belief that the collapse of the economy won't "actually happen". In contrast, sensible logic, based on the 1918 pandemic, would indicate that even doing far less than we're doing now, we'll "get through it" albeit with an admittedly-severe toll in lives.
To make clear my vein of thought, I strongly disagree with the position seemingly taken by quite a few on here that saving any number of lives (however few or many that may be arguably be) is worth any economic cost, no matter how great that cost and no matter how extended the impact turns out to be.
When virus deaths are quoted (even if not actually due to the virus) against "yes, there's an economic impact, but it will get better", that is comparing illusory numbers to justify an unsupported position. If people such as myself are challenged to cite data to show that the economy will collapse, it's equally fair to ask for data (again, in this unique to date situation of self-imposed shutdown) that shows the economy won't collapse. What happens if the public fisc can no longer pay healthcare workers, or military personnel, or government personnel? I don't believe those questions are being asked; it strikes me that those (in my view legitimate) questions get blithely ignored under the mantra of "we have to do everything to save lives".