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Every economic forecast I read in April 2020 assumed things would be open by q3/q4 last year.
by goalieca 5y ago
Every economic forecast I read in April 2020 assumed things would be open by q3/q4 last year.
- nicoburns 5y agoWhich was pretty stupid given that public health professionals (and indeed people here on HN) were forecasting the pandemic lasting a minimum of 18 months from around that time when it became clear that it wasn't going to be contained to China.
- goalieca 5y agoThey were using the model forecasts from the health community. We all knew it would become endemic but it was hard to forecast lockdowns would continue for so long.
- CydeWeys 5y agoSounds like that forecast was wrong then. Also, you should've been looking at the forecasts from epidemiologists, not economists. Viruses don't care about what economists want.
- tenpies 5y agoUnfortunately - and as we can continue to see - there is nothing stopping scientists from being political mouth pieces. "Trust the science" comes with a huge asterisk: only the science of the approved scientific speaker by the approved political party and only of the approved narrative. The scientists that spoke out against this were quickly shunned, the wagons circled, and when evidence became to crushing to hold the narrative, history was simply re-written via gaslighting. With economists at least we know they will regularly be wrong and that you will openly see differing schools of thought on even the most foundational of issues.