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Started By
Message
Wall St Jour - No society can safeguard public health at the cost of its economic health.
Posted on 3/20/20 at 8:01 am
Posted on 3/20/20 at 8:01 am
Wall St Journal editorial.
As discussed on Fox Business this morning
"Rethinking the Coronavirus Shutdown -
No society can safeguard public health for long at the cost of its economic health."
Behind paywall - if anyone can post more excerpts, please do
LINK
As discussed on Fox Business this morning
"Rethinking the Coronavirus Shutdown -
No society can safeguard public health for long at the cost of its economic health."
quote:
Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine.
Behind paywall - if anyone can post more excerpts, please do
LINK
This post was edited on 3/20/20 at 8:05 am
14
Posted on 3/20/20 at 8:02 am to Buckeye Jeaux
wall st advocating for money over people's health. shocked i say! shocked!
Posted on 3/20/20 at 8:03 am to geauxtigers87
quote:
wall st advocating for money over people's health. shocked i say! shocked!
if you think economic depression won't affect health/lives, then your thinking machine broke
Posted on 3/20/20 at 8:04 am to SlowFlowPro
quote:
economic depression
Naw man, the government will be there to print some money and bail everyone out...
Posted on 3/20/20 at 8:04 am to Buckeye Jeaux
quote:
Rethinking the Coronavirus Shutdown - No society can safeguard public health for long at the cost of its economic health."
Well, the economy doesn’t matter much if you’re dead...
...and if significant numbers of people die, that creates its own recession/depression that takes a lot longer to recover from than a short shutdown.
So there’s that.
This post was edited on 3/20/20 at 8:05 am
Posted on 3/20/20 at 8:05 am to SlowFlowPro
i never said i didn't but to act like this is breaking news is disingenuous
Posted on 3/20/20 at 8:06 am to geauxtigers87
quote:
wall st advocating for money over people's health. shocked i say! shocked!
More people will die from long term economic downturn than this bullshite.
Lack of money =
Poor diet
Poor health
Lack of preventive care
Rise in substance abuse
Rise in domestic violence
Rise in childhood neglect
Which has direct health effects, as well as making people more susceptible to illness
This post was edited on 3/20/20 at 8:09 am
Posted on 3/20/20 at 8:07 am to geauxtigers87
quote:
but to act like this is breaking news is disingenuous
very few major media outlets, and basically no governments, are saying this
Posted on 3/20/20 at 8:10 am to Buckeye Jeaux
I hope this is the prevalent message when this is over
Posted on 3/20/20 at 8:11 am to geauxtigers87
quote:
i never said i didn't but to act like this is breaking news is disingenuous
It is the first break in the lockstep MSM march toward locking down the world's populations.
It is breaking news on Fox Business and other major outlets. You are a moron.
Posted on 3/20/20 at 8:11 am to Buckeye Jeaux
It’s just common sense... sometime in the near future, the human cost of the economic downturn will outpace the human cost of the actual virus.
Posted on 3/20/20 at 8:12 am to Buckeye Jeaux
Crashing the economy is going to be worse than the virus and overloading hospitals. People with money will profit off of the cheap stocks, people without money will get laid off and a $1500 check. Rinse/repeat.
Posted on 3/20/20 at 8:12 am to Boatshoes
quote:
Well, the economy doesn’t matter much if you’re dead...
I haven't said this in awhile, and it is harsh, but you (or your way of thinking, to be gracious) are truly what is wrong with this country.
Posted on 3/20/20 at 8:13 am to Buckeye Jeaux
There is logic in this. People are acting like this virus will extinguish the globe. Could it thin the herd, yes, but a lot of us have plans to go forward and people literally need the output of industry and commerce.
We probably have roughly a 30 day window to get this done. Beyond that, we will slip into a whole new level of nervousness.
We probably have roughly a 30 day window to get this done. Beyond that, we will slip into a whole new level of nervousness.
Posted on 3/20/20 at 8:14 am to Boatshoes
quote:
.and if significant numbers of people die, that creates its own recession/depression that takes a lot longer to recover from than a short shutdown.
that depends on who dies
Posted on 3/20/20 at 8:14 am to lowspark12
quote:
It’s just common sense... sometime in the near future, the human cost of the economic downturn will outpace the human cost of the actual virus.
There’s a chance it already has.
Posted on 3/20/20 at 8:14 am to Buckeye Jeaux
Good, more media outlets need to start beating this drum
Posted on 3/20/20 at 8:15 am to SlowFlowPro
quote:
if you think economic depression won't affect health/lives, then your thinking machine broke
It’s all a balancing act.
Posted on 3/20/20 at 8:16 am to geauxtigers87
quote:
wall st advocating for money over people's health. shocked i say! shocked!
Hey, genius...what are people apt to do when unemployed and broke? They kill themselves. A complete economic shutdown can cause more death and destruction than the virus if we're not careful
Posted on 3/20/20 at 8:16 am to Number 9 Fan
quote:
It’s all a balancing act.
the problem is how this virus affects us. you're either all in or it's pointless
This post was edited on 3/20/20 at 8:17 am
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