Where would the economy be if... - Printable Version
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Where would the economy be if... - BostonCard - 11-12-2020
Interesting that for all the talk about the tradeoff between fighting the virus and hurting the economy, a majority of economists think the economy would be better off now if we had fought the virus harder.
https://www.igmchicago.org/surveys/economic-recovery/
Quote:The US economy would be substantially stronger today if the state and local ‘stay-at-home’ orders had been more uniform and lasted longer in the first half of the year.
7% strongly agree; 42% agree versus only 7% who disagree (none strongly).
Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
BC
RE: Where would the economy be if... - Farm93 - 11-12-2020
(11-12-2020, 10:39 AM)BostonCard Wrote: Interesting that for all the talk about the tradeoff between fighting the virus and hurting the economy, a majority of economists think the economy would be better off now if we had fought the virus harder.It is good for prominent economists to start publishing their views on these things for the next administration to reference.
https://www.igmchicago.org/surveys/economic-recovery/
Quote:The US economy would be substantially stronger today if the state and local ‘stay-at-home’ orders had been more uniform and lasted longer in the first half of the year.
7% strongly agree; 42% agree versus only 7% who disagree (none strongly).
Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
BC
Wish the current administration would take a few notes too, but it doesn't seem like our current Commander-in-Chief cares too much about fighting the pandemic anymore.
RE: Where would the economy be if... - teejers1 - 11-12-2020
(11-12-2020, 12:15 PM)Farm93 Wrote:(11-12-2020, 10:39 AM)BostonCard Wrote: Interesting that for all the talk about the tradeoff between fighting the virus and hurting the economy, a majority of economists think the economy would be better off now if we had fought the virus harder.It is good for prominent economists to start publishing their views on these things for the next administration to reference.
https://www.igmchicago.org/surveys/economic-recovery/
Quote:The US economy would be substantially stronger today if the state and local ‘stay-at-home’ orders had been more uniform and lasted longer in the first half of the year.
7% strongly agree; 42% agree versus only 7% who disagree (none strongly).
Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
BC
Wish the current administration would take a few notes too, but it doesn't seem like our current Commander-in-Chief cares too much about fighting the pandemic anymore.
Shrug on this whole "what if" speculation because any assumption/belief that the US would have ever been able to control the virus with track and trace like other countries strikes me as irrational and fanciful.
RE: Where would the economy be if... - chrisk - 11-12-2020
(11-12-2020, 02:25 PM)teejers1 Wrote:(11-12-2020, 12:15 PM)Farm93 Wrote:(11-12-2020, 10:39 AM)BostonCard Wrote: Interesting that for all the talk about the tradeoff between fighting the virus and hurting the economy, a majority of economists think the economy would be better off now if we had fought the virus harder.It is good for prominent economists to start publishing their views on these things for the next administration to reference.
https://www.igmchicago.org/surveys/economic-recovery/
Quote:The US economy would be substantially stronger today if the state and local ‘stay-at-home’ orders had been more uniform and lasted longer in the first half of the year.
7% strongly agree; 42% agree versus only 7% who disagree (none strongly).
Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
BC
Wish the current administration would take a few notes too, but it doesn't seem like our current Commander-in-Chief cares too much about fighting the pandemic anymore.
Shrug on this whole "what if" speculation because any assumption/belief that the US would have ever been able to control the virus with track and trace like other countries strikes me as irrational and fanciful.
Isn’t COVID 19 a serious National Security Issue? If it were treated as such, the US could/would mobilize as it has in other crises such as WWII, Sputnik, and the oil crisis of 1974. I agree that the US has become flabby since the feel good times of Reagan abpnd the end of the Cold War.
RE: Where would the economy be if... - Farm93 - 11-12-2020
(11-12-2020, 05:37 PM)chrisk Wrote:Flabby in more ways than one. :((11-12-2020, 02:25 PM)teejers1 Wrote:(11-12-2020, 12:15 PM)Farm93 Wrote:(11-12-2020, 10:39 AM)BostonCard Wrote: Interesting that for all the talk about the tradeoff between fighting the virus and hurting the economy, a majority of economists think the economy would be better off now if we had fought the virus harder.It is good for prominent economists to start publishing their views on these things for the next administration to reference.
https://www.igmchicago.org/surveys/economic-recovery/
Quote:The US economy would be substantially stronger today if the state and local ‘stay-at-home’ orders had been more uniform and lasted longer in the first half of the year.
7% strongly agree; 42% agree versus only 7% who disagree (none strongly).
Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
BC
Wish the current administration would take a few notes too, but it doesn't seem like our current Commander-in-Chief cares too much about fighting the pandemic anymore.
Shrug on this whole "what if" speculation because any assumption/belief that the US would have ever been able to control the virus with track and trace like other countries strikes me as irrational and fanciful.
Isn’t COVID 19 a serious National Security Issue? If it were treated as such, the US could/would mobilize as it has in other crises such as WWII, Sputnik, and the oil crisis of 1974. I agree that the US has become flabby since the feel good times of Reagan abpnd the end of the Cold War.
100+ nations have found a way, but it is IMPOSSIBLE here. (sigh)
How could we be expected to sacrifice a few months of restaurants and football to save a hundred thousand Americans?
We NEED MAC football and Buffalo Wild Wings.
OK those aren't the real needs.
We NEED the NFL and Starbucks. ;)
At least that is my impression as the drive-thru lines at the Starbucks in the OC have routinely been 10-20+ cars long all day long for months. Just wish USA citizens had that type of determination to wear masks and socially distance.
RE: Where would the economy be if... - Goose - 11-12-2020
(11-12-2020, 02:25 PM)teejers1 Wrote: Shrug on this whole "what if" speculation because any assumption/belief that the US would have ever been able to control the virus with track and trace like other countries strikes me as irrational and fanciful.Strangely, I agree with you that we were not in a position to attempt this when the pandemic started. Our local health departments were too vestigial to do it. I do NOT think it was fanciful to expect them to be built up to the point that by July they could have done so. The problem was that not enough energy was directed at doing so, and even more importantly no energy was directed toward getting public cooperation with such efforts. The political class was unwilling to tell people they were going to be required to quarantine and isolate as required, and that they would be compelled to do so if necessary. Without that level of commitment, it was never going to work.
RE: Where would the economy be if... - M T - 11-13-2020
(11-12-2020, 10:39 AM)BostonCard Wrote: Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
I absolutely agree with that, as I would agree with
"The economy will receive a substantial boost as soon as we can have football stadiums safely opened to crowds nationwide."
Whenever we can do things safely in widespread groups, then we are, by premise, safe. To me the original statement is equivalent to "The economy will receive a substantial boost as soon as we can gather in groups safely." Whether it mentions schools or pro wrestling venues is immaterial. To take agreement to the statement as saying anything about schools is silly.
But I would strongly disagree with what some here seem to think it says
Quote:The economy will receive a substantial boost as soon as K-12 schools can be opened in person nationwide.
RE: Where would the economy be if... - JustAnotherFan - 11-13-2020
(11-13-2020, 12:45 AM)M T Wrote:(11-12-2020, 10:39 AM)BostonCard Wrote: Also, for the second question
Quote:The economy will receive a substantial boost as soon as K-12 schools can be safely opened in person nationwide.
19% strongly agree; 63% agree. Nobody disagreed with the statement.
I absolutely agree with that, as I would agree with
"The economy will receive a substantial boost as soon as we can have football stadiums safely opened to crowds nationwide."
Whenever we can do things safely in widespread groups, then we are, by premise, safe. To me the original statement is equivalent to "The economy will receive a substantial boost as soon as we can gather in groups safely." Whether it mentions schools or pro wrestling venues is immaterial. To take agreement to the statement as saying anything about schools is silly.
But I would strongly disagree with what some here seem to think it says
Quote:The economy will receive a substantial boost as soon as K-12 schools can be opened in person nationwide.
I agree with your point. But I also think that schools are unique in that they are state subsidized childcare and that businesses will benefit from having employees' kids warehoused during the day so that the parents can go to work.