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ksayetiger
Wisconsin Fan
Centenary Gents
Member since Jul 2007
54387 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

It's cool. Millenials will pay for it.




with their parents inheritance?


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Crowknowsbest
Georgia Fan
Member since May 2012
23062 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

The market will come back because the fundamentals of the economy have been and will continue to be strong.

They will not be strong if 10+% of Americans are unemployed


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30
Armymann50
LSU Fan
Maurepas in a park model
Member since Sep 2011
7997 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

Millenials will pay for it.


The Spleen
Alabama Fan
Member since Dec 2010
27664 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

We all know it's a balancing act

I don't understand the urge to plant firmly and inflexibly on one side or the other, aside from it being our national tradition to do so





I think until testing is more readily available, we focus on saving lives and preventing its spread. I think any talk of re-opening businesses is irresponsible until we have a firmer grasp on the underlying problem. More testing, more PPE for front line workers, etc. As those come more in line, then we can start the conversation on lifting curfews, re-opening non-essential businesses, relaxing social distancing measures, etc.

I think we're still at least a few weeks away from that though, unfortunately.


baldona
Auburn Fan
Florida
Member since Feb 2016
11681 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
It’s not about saving the economy, it’s about preventing a recession. There’s a difference. Hiring people and starting projects back up takes a lot longer then canceling them and laying people off.


SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
370963 posts
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re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

I don't understand the urge to plant firmly and inflexibly on one side or the other

with this, it's b/c one policy is based on "firmly planting" or else the policy fails

the policy based in flattening the curve requires full adherence over a long period of time. period.


baldona
Auburn Fan
Florida
Member since Feb 2016
11681 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
There’s also tons of data out there that many more people have this then we think and therefore we are much more over it then we think. The next 7-10 days are going to be bad no matter what, but there’s a great chance we improve drastically after that.


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The Spleen
Alabama Fan
Member since Dec 2010
27664 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

t’s about preventing a recession



I think it's too late for that - we are in a recession already. It's about preventing a depression, and we can't really focus on that if this virus is still rapidly spreading. Our healthcare system just can't handle it.

The 3 relief bills will be a huge help to stave off a depression, but if people continue to ignore social distancing guidelines, and hospitals still struggle to get testing kits and PPE, the fight may be futile.


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41
SabiDojo
South Alabama Fan
Open to any suggestions.
Member since Nov 2010
81767 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

I think until testing is more readily available, we focus on saving lives and preventing its spread. I think any talk of re-opening businesses is irresponsible until we have a firmer grasp on the underlying problem


How can we possibly do that when the experts keep changing their predictions and we are turning away people from testing?

“We are looking at a mortality rate of 4%.”

*Spongebob one week later*

“Okay it’s 2%.”

*two days later*

“Okay 1.4%”

*two more days later*

“Okay so it’s most likely well below 1%. It was never about that anyways.”



Crowknowsbest
Georgia Fan
Member since May 2012
23062 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

with this, it's b/c one policy is based on "firmly planting" or else the policy fails

the policy based in flattening the curve requires full adherence over a long period of time. period.

This.

The only way this strategy has any sort of endgame in the next year is if we can ramp up production of ventilators, PPE, tests, etc. to get to where we can treat sick people as necessary. We should also be testing random samples of the population, not just the really sick people. We need a better handle on the actual mortality rate, and we need it yesterday.


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tigerinthebueche
LSU Fan
Erwinville, LA.
Member since Oct 2010
23537 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

Conservatives only care about bringing the stock market back so Trump will win the election. They are also anti-intellectual, so PhDs and expertise don't impress them. They only care about winning and this will not persuade them otherwise



MAGA, PUSSY


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73
DCtiger1
LSU Fan
Panama City Beach
Member since Jul 2009
4706 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
What do you do for a living?


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SloaneRanger
LSU Fan
Upper Hurstville
Member since Jan 2014
1012 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

It’s not about saving the economy, it’s about preventing a recession.


It is more fundamental than that. It is about saving the republic. If you think this country can just shut down for multiple months with people cowering in their homes until all risk is eliminated, you're crazy. A two or three week hiatus to see if we can stem the worst of this--probably the right thing to do. Much beyond that and you are doing serious damage to this nation. And that damage is going to be far more serious than anything this virus presents.
This post was edited on 3/26 at 11:49 am


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51
Clames
LSU Fan
Member since Oct 2010
11828 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

I'm gonna go with the PhD economists and say we shouldn't go back to work right now..


My fiancee has a Ph.D. in cellular and molecular pathology and says the reaction to this disease is greatly overblown. You, of course, are a halfwit.


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32
Privateer 2007
UNO Fan
Member since Jan 2020
379 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
These same guys who said Trump would crash economy?

Dumbasses.


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ashy larry
LSU Fan
Marcy Projects
Member since Mar 2010
4981 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

How can we possibly do that when the experts keep changing their predictions

Limited data do to the lack of testing leads to wide ranges in predictions
quote:

we are turning away people from testing?

b/c testing is still not as readily available as needed

quote:

“We are looking at a mortality rate of 4%.”

*Spongebob one week later*

“Okay it’s 2%.”

*two days later*

“Okay 1.4%”

*two more days later*

“Okay so it’s most likely well below 1%. It was never about that anyways.”

“Okay so it’s most likely well below 1%.


I think very few people ever thought the actual mortality rate was 4%. While that may have been the 'number' at one point, most people knew it wasn't accurate b/c the US shite the bed when it came to testing. Even when the numbers were above 2%, Fauci was saying it would be closer to 1%.
quote:

It was never about that anyway.

From the moment I started following the coronavirus news, the was biggest concerns were being significantly more lethal than the flu and overwhelming the medical system.


RB10
LSU Fan
Member since Nov 2010
34914 posts
 Online 

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

Solid argument.


As opposed to the original “they just want trump to win” argument?

Stupid comments typically beget stupid responses.


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40
Pettifogger
Atlanta Braves Fan
Member since Feb 2012
58186 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

the policy based in flattening the curve requires full adherence over a long period of time. period.



Does it though?

By balance, I mean something along the lines of complete shutdown until Easter/whenever, followed by structured and coordinating easing of less-crucial restrictions, followed by gradual reopening that relies on individual fear/avoidance to continue the efforts even after things have begun to resume semi-normal operations.

I've not seen anything (besides outliers) to indicate that "flattening the curve" can't include a graduated series of efforts.


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Pettifogger
Atlanta Braves Fan
Member since Feb 2012
58186 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
Agreed

Since the serious measures in the US began, the media/governmental/average person consensus is that the real mortality rate is probably around 1% (or lower).

Sure, there were people on the edges claiming .05% or 4% but I've not seen any policy or decision making that seems premised on the idea this is a 3% or 4% situation.

I don't know why the goalpost shifting arguments have popped up, because for at least two weeks most media and most governmental voices have discussed in relative nuance that the issue was less about people dying at a particular rate. Rather, it was/is more about taxing the healthcare system, high hospitalization and the resulting (somewhat artificial) increase in mortality that could result both for coronavirus and other ailments that would become more difficult to treat due to overburdening of the system.

None of that is new.


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10
Clames
LSU Fan
Member since Oct 2010
11828 posts

re: 32 Economists Argue Saving Lives from COVID Would Also Save the Economy
quote:

the policy based in flattening the curve requires full adherence over a long period of time. period.


Stupid. Curve is already flattening without even close to full adherence. You are being willfully ignorant in your blind adoration for your rhetoric.


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