Originally Posted by
Duffman
A) the economic damage is not over, it's going to get worse exponentially as each month goes by. Lost GDP, manufacturing, small businesses closing, unemployment, consumers hoarding discretionary money, and eventually foreclosures and repos in a population that's in more debt and has less savings than the one that caused the 2008 crash. I think the shutdowns were necessary, but I know the economic cost. I'm sure the Dow hasn't seen its lows yet.
B) What works for MN doesn't necessarily work for NYC or CA. Not personally defending any governor, just saying that every state needs a different response and up until now, the states with the most aggressive responses have been viewed more positively. For a cautionary tale, just look at Louisiana. However, as more concrete information becomes available, responses need to change.
I agree, responses do need to change. Remember how 250K people in the US were supposed to be dead from this by now? And...they're not. Any and all the stats out there are showing a decline in mortality rate. We can't hold everyone hostage because a minute percentage of the population falls ill. These regional openings are hopefully a good step as far as response change and we can all get back to work.