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We can't be at the extreme of consuming normally, because that requires all stores to be staffed normally. We also can't go all the way to the other extreme. I
by gdulli 7y ago
We can't be at the extreme of consuming normally, because that requires all stores to be staffed normally.
We also can't go all the way to the other extreme. If we have unprecedented employment now, with partial non-essential consumption, we don't want to see what it looks like when we turn down consumption to further extreme degree on top of that.
We need an equilibrium, and shutting down the economy fully is as misguided as reopening it prematurely.