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True. But we seem so fixated on avoiding any economic downturn that we prioritize the short term over the long term. Wouldn’t it make sense to take a hit in the
by gdubs 7y ago
True. But we seem so fixated on avoiding any economic downturn that we prioritize the short term over the long term. Wouldn’t it make sense to take a hit in the short term and try more aggressively to slow the spread of coronavirus, for instance, than to react as it becomes a pandemic? Unless we think that containment was always destined to fail with this particular virus.