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from the lockdowns-were-supposed-to-be-just-one-part-of-defense-at-depth dept.
Economists warn of 'widespread costs' from lockdown:
Blanket restrictions on economic activity should be lifted and replaced with measures targeted specifically at groups most at risk, say economists.
[...] They argue that while the extent to which the lockdown contributed to a subsequent slowing in the rate of new infections and deaths is not easy to estimate precisely, it seems clear that it did contribute to these public health objectives.
However, they say it is "very far from clear" whether keeping such tight restrictions in place for three months until the end of June when they began to be lifted was warranted, given the large costs. They say that the costs of carrying on with such a lockdown are likely to have become significantly greater than its benefits.
Debate over the global dilemma continues.
(Score: 2) by The Mighty Buzzard on Tuesday August 04 2020, @03:29AM
Yup, very much. If OZ wants to devalue their shit and expect the devaluation to be made trivial by growth, more power to them. I personally don't like betting the rent money though.
My rights don't end where your fear begins.