Tuesday, March 24, 2020

Coronavirus Update #6 - The Toll on the Economy

Out for a socially distant walk with grand-puppy and daughter.
Many countries are doing their best to slow the spread of Coronavirus - some are shutting down non-essential businesses, restricting groups to as few as two people, or even telling people to stay home - 'shelter in place'.

And it might be working. Italy has had a couple days in a row where the death toll and infection rate has decreased. Canada had a one day decrease in numbers (maybe an anomaly, but we will see). China is continuing to flatten out.

But then there's Trump. Earlier today he tweeted, 'THE CURE CANNOT BE WORSE (by far) THAN THE PROBLEM! Congress MUST ACT NOW.' By this, he means that the economy cannot continue to be sidelined by Coronavirus. When the self-isolation order expires on March 31st in the US, people speculate that Trump will encourage everyone to go back to work.

I have to disagree. The first priority of a government is the health of its citizens. If people go back to work when the US is in the middle of an upward swing of infections, it's going to be catastrophic there. Their already crappy health system will quickly become overrun and people will die. Lots of people.

Look what's happening in Italy with the restrictions in place. Imagine how bad it would be without restrictions. Imagine how bad things will get for people in the US if Trump actually implements economic policies over health.

Kinda glad the border is closed....

Ever since Trump has been elected president in the US, I have usually found a reason each day to read about something he has done, or said, and then shake my head. This is currently a crisis in the US (as it is everywhere) yet he seems completely out of touch with what is going on.

I contrast that with the seriousness and sincerity of Trudeau and our provincial politicians. They seem in tune with what is going on and are trying to prepare us for a longer term of restrictions. Yes, this will affect the economy, but isn't saving lives the number one priority?

I hope so.


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