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Economists Warn of 'Widespread Costs' from Lockdown

posted by martyb on Thursday July 30 2020, @09:49AM   Printer-friendly
from the lockdowns-were-supposed-to-be-just-one-part-of-defense-at-depth dept.

Phoenix666 writes:

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.

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  • (Score: 2) by Runaway1956 on Thursday July 30 2020, @02:25PM (4 children)

    by Runaway1956 (2926) Subscriber Badge on Thursday July 30 2020, @02:25PM (#1028630) Journal

    People gone crazy, but with less access to guns.

    I don't know where you're pulling that in from. Many millions of guns have been bought up this year. Feb, Mar, Apr, and May, and probably Jun as well, the numbers have been crazy high. Many of those gun sales have been to first time gun owners, who are frightened of Covid as well as political unrest around the country.

    I put a search term in, and got zillions of hits. Didn't even try to scroll down to find a "reputable" citation. This one should work - https://freebeacon.com/coronavirus/three-months-6-million-guns-sold/ [freebeacon.com]

    If you don't like or trust freebeacon, do your own search, with whatever terms you like.

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  • (Score: 2) by The Mighty Buzzard on Thursday July 30 2020, @02:42PM (3 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday July 30 2020, @02:42PM (#1028643) Homepage Journal

    That was probably a pointless reply. Anyone who believes that nonsense is already under a huge mountain of denial.

    --
    My rights don't end where your fear begins.

    • (Score: 1, Offtopic) by Runaway1956 on Thursday July 30 2020, @02:57PM (1 child)

      by Runaway1956 (2926) Subscriber Badge on Thursday July 30 2020, @02:57PM (#1028665) Journal

      Yes - but - it's so hard to sit back and watch the liars and damned liars spout their meaningless bullshit . . .

      • (Score: 0) by Anonymous Coward on Thursday July 30 2020, @07:25PM

        by Anonymous Coward on Thursday July 30 2020, @07:25PM (#1028855)

        It's the internet.

    • (Score: 0) by Anonymous Coward on Thursday July 30 2020, @08:53PM

      by Anonymous Coward on Thursday July 30 2020, @08:53PM (#1028907)

      already under a huge mountain of denial.

      Silly Buzzard! Everyone knows De Nile is a river in Eygpt, not a Mountain in Turkey.

      (Time to take away Runaway's gun. He's loosing it!)