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 Thursday July 30 2020, @03:56PM (2 children)
Nope. When you engineer a medium term economic disaster, no short term solutions will be anything more than a bandaid.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Thursday July 30 2020, @04:55PM (1 child)
Oh, is it 2008 again? Or do you mean that the short-term band-aids of 2008 are finally coming off?
(Score: 2) by The Mighty Buzzard on Thursday July 30 2020, @05:20PM
Whataboutism? That's your argument? You know it's not going to make you correct no matter what you point at, right?
My rights don't end where your fear begins.