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 JoeMerchant on Thursday July 30 2020, @04:16PM (9 children)
Worked in New Zealand - they miracled up far more money per capita than the U.S., locked down with gusto, and like so many other nations that took this shit seriously they're now closing their borders to the idiot children / slaves of the golden idols because they've eradicated COVID-19 and we have not. Their economies are going to take much less of an overall hit by getting the job done quickly instead of making fun of reality [people.com].
🌻🌻 [google.com]
(Score: 2) by The Mighty Buzzard on Thursday July 30 2020, @04:29PM (8 children)
No, it didn't. You just deny the undeniable because being wrong hurts.
My rights don't end where your fear begins.
(Score: 3, Touché) by c0lo on Thursday July 30 2020, @04:46PM (1 child)
Hey, I'm still waiting for how your theory explains how come $1.3T magically printed led to the most severe deflation in 72 years [soylentnews.org]
Perhaps it has something to do with the very basics of "you can't have inflation if the value of goods on the market is above the monetary mass in circulation"? So... ummm... maybe safe to print money up to that limit?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by The Mighty Buzzard on Thursday July 30 2020, @05:17PM
Already answered that.
My rights don't end where your fear begins.
(Score: 3, Funny) by JoeMerchant on Thursday July 30 2020, @06:52PM (5 children)
I know you are, but what am I? :-P
🌻🌻 [google.com]
(Score: 3, Touché) by The Mighty Buzzard on Thursday July 30 2020, @11:36PM (4 children)
Oldschool represent. I'd upmod you but new points don't come out for another half hour or so.
My rights don't end where your fear begins.
(Score: 3, Funny) by JoeMerchant on Thursday July 30 2020, @11:47PM (1 child)
The other one I love is: Jane, you ignorant slut.
https://www.youtube.com/watch?v=c91XUyg9iWM&t=65 [youtube.com]
🌻🌻 [google.com]
(Score: 0) by Anonymous Coward on Friday July 31 2020, @10:31PM
All these years later, and I still hear that in his voice.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @05:13AM (1 child)
Promises, promises. Promises by TMB are like petals in the wind, Wild Rose Petals, that later compost among the fetid cottonwood leaves.
(Score: 2) by The Mighty Buzzard on Friday July 31 2020, @10:53AM
So you're saying I'm poetic?
My rights don't end where your fear begins.