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Right. What you are describing is also the essential nature of the economic effect of the epidemic - it is for the most part the public's individual reactions
by jhayward 6y ago
Right.
What you are describing is also the essential nature of the economic effect of the epidemic - it is for the most part the public's individual reactions to the disease, not the lockdown orders, that have brought the economy so sharply to a halt.
And the economy will only resume at full flow when the fear of the disease realistically recedes - i.e. when there is effective treatment, or vaccine that people can actually get.
- LorenPechtel 6y agoYup, which is why the reopen crowd is doomed to failure. They can force the stores open and the workers into danger but they can't force the customers to come. Some will, but not enough to keep the places in the black. The worst of both worlds.