re: Players’ union expects no fans at NBA games during 2020-21 season

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Those aren't long-term strategies and they don't take the economic impact into account. All of these strategies, I believe, involve the belief that a vaccine is right around the corner. Well that would be awesome and I hope it happens quickly, it's highly unlikely that we even ever create an adequate vaccine let alone one within the next 18 months

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Nope, none of those assume that it is right around the corner.

As for the economy:


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My undergrad is Econ and this continues to be one of the more toxically incorrect assertions made and built upon by people judging this virus, even in positions of power. That length of lockdowns are directly tied to economic output capacity. The sooner you lift the stronger your economy will bounce back and be, regardless of the viral situation. That is not correct.

Until confidence is fully reasserted, which won’t happen until the virus is no longer a threat, the economy can not begin to truly recover toward its prior level of growth. And the longer you drag it out the harder it will be to surge back. That is why cities and states during the 1918 flu pandemic that locked down stronger and slightly longer but better reduced the virus in their communities ultimately had stronger mid and long term economic growth than places that refused to properly lock down and minimize the spread in their communities. Those economies stayed devastated longer and rebounded slower and with less strength than the economies that locked down harder and longer initially.