6 million cases…..183,000 deaths…just to catch everybody up.
We have heard all the arguments on what is right or wrong with the social distancing thing to help save us from the pandemic.
In all fairness I try to give a balanced look at the pandemic and the treatments and “solutions”…..I would expect the WSJ to NOT approve of anything that would see a drop in retail sales……and as if right on cue….
In response to the novel and deadly coronavirus, many governments deployed draconian tactics never used in modern times: severe and broad restrictions on daily activity that helped send the world into its deepest peacetime slump since the Great Depression.The equivalent of 400 million jobs have been lost world-wide, 13 million in the U.S. alone. Global output is on track to fall 5% this year, far worse than during the financial crisis, according to the International Monetary Fund.Despite this steep price, few policy makers felt they had a choice, seeing the economic crisis as a side effect of the health crisis. They ordered nonessential businesses closed and told people to stay home, all without the extensive analysis of benefits and risks that usually precedes a new medical treatment.There wasn’t time to gather that sort of evidence: Faced with a poorly understood and rapidly spreading pathogen, they prioritized saving lives.