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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There are two main considerations in the U.S. response to coronavirus. One is public health. The other is economic. The U.S. is currently focusing entirely on public health. As a result, the economic devastation will be enormous. [/quote]

Exactly. But what no one is accounting for is that economic devastation takes a huge toll on public health. We are saving old/sick people and in turn sacrificing the futures & health of the young and able. [/quote]

What if it’s you who dies? It’s not just old people. We should have triaged the economy and shut down air travel. Air travel is the first thing you shut down if you want to stop the spread. It spread the virus to every state. Without air travel this would have spread much slower and we could have stayed ahead of it. [/quote]
+1
Aside from shutting domestic, which should have happened, we were still getting flights from Milan last week. That is just beyond comprehension to me[/quote]

NP. I'm not an idiot unlike some people on here. All the data shows the virus is rarely ever a critical threat to people under 70 with no known heath problems. The number of such deaths is statistically irrelevant. Agonizing over the rare exceptions is not helpful. This is shown by data from China and Italy. If you are 40 with asthma, you are at higher risk. If you are 40 with no health problems, you are not at higher risk. Heck, even if you are 80 with no underlying health conditions, your survival rate is extremely high should you get the virus. Note: it does not mean you do not get the virus. You still can get the virus but the vast majority recover safely at home without needing hospital care. Even the Italian numbers, interestingly enough, show the average age of positive cases was in the mid-high 60s while death was 80. That the average age of positive identification is so high strongly suggests young people overwhelmingly don't get more than mild symptoms so they never bother getting tested (which in turn means the actual death rate/hospitalization rate is far lower than is currently suggesting).

We are destroying the economy through the shutdowns because it's service based. There needs to be a new approach to allowing people continue to work and receive services while still socially distancing. Throwing tens of millions of healthy young people out of work and crippling their futures is a problem.

However, I am cautiously optimistic in that the recovery will be as sharp and the crash is. The problem is that no one is spending money right now other than food. Even demand for gas has collapsed because people aren't driving as we did a few weeks ago. We're not going out to restaurants, we're not going to the dentist and so forth. That means tax revenues to local and state governments have collapsed overnight. But once the shutdown eases up people will start returning to going out and spending money and stimulating the economy. [/quote]

A return to status quo, having learned nothing from this crisis, is a bad idea. Maybe we need to suffer a little in order to change the fundamentals. So many individuals and businesses leveraged to the point they can’t weather a month of lost income is a HUGE vulnerability in the economy. We have to adjust, because this won’t be the last crisis of this kind. Especially given the climate, and all the things that you just listed that contribute to and accelerate the destruction of our planet. We need to get ready for the future that is actually coming, not pretend we can go back to the past. [/quote]

You're changing the parameters by talking about something else entirely. The goal right now is to get the economy back running, not to meet some hypothetical financial scenario dreamed up by some armchair know it all who knows nothing about financing or economic models or cash flow revenues. [/quote]

No, these were always the parameters. The d-bags riding high failed to understand, but that doesn’t make it less true. Resilience must be built in, or this is what happens, always.

Talk to this armchair know-it-all if you don’t want to hear it from me:

https://m.youtube.com/watch?v=2gEl1zwhVTk

[/quote]

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