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Started By
Message
re: Wall St Jour - No society can safeguard public health at the cost of its economic health.
Posted on 3/20/20 at 8:22 am to SlowFlowPro
Posted on 3/20/20 at 8:22 am to SlowFlowPro
quote:
the problem is how this virus affects us. you're either all in or it's pointless
It depends on what you mean by all in, but I understand your point. You can’t half arse it. You have to win. But a little pain now could prevent major pain down the road.
1
Posted on 3/20/20 at 8:23 am to Number 9 Fan
quote:
But a little pain now could prevent major pain down the road.
now = months. possibly up to 18 months
Posted on 3/20/20 at 8:23 am to Buckeye Jeaux
I've been saying this for days. Literally everything to this point has been focused on how many lives we can maybe, potentially, theoretically save by shutting everything down for...well, nobody can really say. But absolutely ZERO consideration has been given to what the ensuing economic depression looks like in terms of human life. You're looking at significant increases in poverty, suicide rates, malnutrition, etc.
Posted on 3/20/20 at 8:25 am to SlowFlowPro
quote:There is no evidence (other than fear-mongering) that this virus is any worse than all other epidemic viruses that hit the world every year.
the problem is how this virus affects us. you're either all in or it's pointless
In fact, this virus appears to be as manageable (or more so) than all other known viruses.
And when the NEXT virus shows up in a year or so, do we take the same Draconian measures?
This post was edited on 3/20/20 at 8:26 am
Posted on 3/20/20 at 8:26 am to Buckeye Jeaux
quote:
There is no evidence (other than fear-mongering) that this virus is any worse than all other epidemic viruses that hit the world every year.
Italy? Spain?
quote:
In fact, this virus appears to be as manageable (or more so) than all other known viruses.
Define manageable
Posted on 3/20/20 at 8:27 am to SlowFlowPro
quote:
Italy? Spain?
A minuscule fraction of annual flu deaths
And when the NEXT virus shows up in a year or so, do we take the same Draconian measures?
This post was edited on 3/20/20 at 8:28 am
Posted on 3/20/20 at 8:28 am to Buckeye Jeaux
quote:
And when the NEXT virus shows up in a year or so, do we take the same Draconian measures?
If we're going to start shutting down everything for every SARS, MERS, etc. after this then forget about ever having a stable economy again.
Posted on 3/20/20 at 8:29 am to SlowFlowPro
quote:
that depends on who dies
Not only that, but the number of deaths would have to be at least in the hundreds of thousands to justify a self-imposed economic depression and cancellation of society.
Posted on 3/20/20 at 8:29 am to Buckeye Jeaux
quote:
A minuscule fraction of annual flu deaths
it's not just about deaths. it's about their hospital capacity. are you not paying attention to all the non-death issues this virus causes?
quote:
And when the NEXT virus shows up in a year or so, do we take the same Draconian measures?
i think there will be much more severe, acute directives
Posted on 3/20/20 at 8:29 am to SlowFlowPro
quote:
now = months. possibly up to 18 months
Now= hopefully one month
18 months=major pain
I pray in a month we’ve held off the Huns and we can go back to normal.
Posted on 3/20/20 at 8:30 am to Number 9 Fan
quote:
I pray in a month we’ve held off the Huns and we can go back to normal.
that's not how this works. that's what i was saying
Posted on 3/20/20 at 8:31 am to SlowFlowPro
quote:
i think there will be much more severe, acute directives
all we had to do this go around was shut down all international travel instead of just chinese travel when we did that and we would have been fine
live and learn
This post was edited on 3/20/20 at 8:31 am
Posted on 3/20/20 at 8:31 am to Buckeye Jeaux
quote:
And when the NEXT virus shows up in a year or so, do we take the same Draconian measures?
It appears that these episodes aren’t that frequent. But yes we need to be ready(more ready) next time.
Posted on 3/20/20 at 8:32 am to TideCPA
quote:
then forget about ever having a stable economy again.
I am beginning to wonder if this is not the ultimate goal in a globalist wet dream...
Not saying that is what is going on here but can't really toss it out either...
Posted on 3/20/20 at 8:34 am to Buckeye Jeaux
quote:
The vast social-distancing project of the last 10 days or so has been necessary and has done much good. Warnings about large gatherings of more than 10 people and limiting access to nursing homes will save lives. The public has received a crucial education in hygiene and disease prevention, and even young people may get the message. With any luck, this behavior change will reduce the coronavirus spread enough that our hospitals won’t be overwhelmed with patients. Anthony Fauci, Scott Gottlieb and other disease experts are buying crucial time for government and private industry to marshal resources against the virus.
***
Yet the costs of this national shutdown are growing by the hour, and we don’t mean federal spending. We mean a tsunami of economic destruction that will cause tens of millions to lose their jobs as commerce and production simply cease. Many large companies can withstand a few weeks without revenue but that isn’t true of millions of small and mid-sized firms.
Washington Panics Over the Virus Economy
00:00 / 29:22
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Even cash-rich businesses operate on a thin margin and can bleed through reserves in a month. First they will lay off employees and then out of necessity they will shut down. Another month like this week and the layoffs will be measured in millions of people.
The deadweight loss in production will be profound and take years to rebuild. In a normal recession the U.S. loses about 5% of national output over the course of a year or so. In this case we may lose that much, or twice as much, in a month.
Posted on 3/20/20 at 8:34 am to SlowFlowPro
quote:
it's not just about deaths. it's about their hospital capacity. are you not paying attention to all the non-death issues this virus causes?
They could build thousands of hospitals with a fraction of the economic losses this country has suffered in the past couple months
Posted on 3/20/20 at 8:34 am to SlowFlowPro
quote:
think there will be much more severe, acute directives
I think that's ridiculous and that you're buying into hysteria.
quote:
are you not paying attention to all the non-death issues this virus causes
I think you can chalk up much of it to the hysteria.
This post was edited on 3/20/20 at 8:37 am
Posted on 3/20/20 at 8:35 am to The Maj
The government is printing trillions but they cant make us spend it.
Who in California while under the forced shelter in place mandate is going to buy a car? or a new house? or anything at all?
Who in California while under the forced shelter in place mandate is going to buy a car? or a new house? or anything at all?
Posted on 3/20/20 at 8:35 am to I B Freeman
quote:Thanks
The deadweight loss in production will be profound and take years to rebuild. In a normal recession the U.S. loses about 5% of national output over the course of a year or so. In this case we may lose that much, or twice as much, in a month.
Posted on 3/20/20 at 8:37 am to SlowFlowPro
quote:
if you think economic depression won't affect health/lives, then your thinking machine broke
exactly,
there is a reason there aren't many old people in poor countries
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