Successive lockdowns and easings are probably going to continue for up to two years. Anybody arguing that the stock market or the economy is going to bounce back quickly in the next two months are either bullshitting you or deluding themselves. No “stimulus” package is going to be effective, because you can’t use spending to stimulate an economy which has been forced to stop producing goods and services. All you will…
First part is mostly correct. Second part, you're dead wrong in two areas. Manufacturing of essential goods continues in haste. And, stimulus is essential for people have lost their jobs and need to buy food. So take your theoretical keyboard economics degree and leave it at the door. Let's take away your source of income, ability to work and see how you feed your family.
New restrictions in Hong Kong show that a single lockdown won’t be enough
101–107 of 107 posts
Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#102Earlier quoted context omitted.
"HK and Tokyo are not examples to be emulated, they are examples of what we should be trying to avoid." ??? Japan has one of the lowest rates of infection/million and data shows that spread is considerably slower. Assuming the data is not fiction, obviously, we should be emulating them, not ignoring them. FYI they also have not 'locked down'. They're literally stopping the virus while not destroying their economies,…
It's likely, unfortunately, that the Tokyo data is fiction. There's been a significant spike in new cases starting immediately after the Olympics were officially delayed.
Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#103Earlier quoted context omitted.
Deaths would also worsen an economic depression. Why does everybody forget about this? Also, an economic depression reduces air pollution which would reduce deaths. There are lots of factors that would need to be considered. Most people I’ve seen advocating this pov are stopping at the first order analysis.
Because most people who don't advocate the POV are stopping at the zeroth order analysis, saying that you're a heartless killer if you want to consider any factors instead of just saving lives.
There is no model for any of this, on either side of the issue, and so the off-hand "we need to get back to dating, etc." really does look... heartless. It's just as much a zeroeth-order analysis as the other.
Fixing that would mean giving due consideration to the complexity of the situation, at least attempting to define one's assumptions/model, and being explicit about how much loss of life one is willing to accept.
With inadequate measures, this pandemic could rival the Holocaust in number of deaths. There's absolutely a difference between allowing millions to be killed rather than committing mass murder or genocide, but "let's get back to life as usual" does demand justification.
Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#104Now that governments have proven that people will let them imprison everyone at any time, just by saying "virus", they're gearing up to do it again, all the time, forever, whenever it would be convenient. After they've done it a few times, they'll just make it permanent. By everyone agreeing to huddle terrified in their homes over nothing, we have permanently ended free movement and free assembly in our societies.
Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#105Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#106Why wont the world stay at home together for 3 months? Lets start apr1! Then by july there will be no more covid19. And lots of other infectious diseases too, i imagine..
Re: New restrictions in Hong Kong show that a single lockdown won’t be enough
#107Earlier quoted context omitted.
The possible end result of the disease is death. Which cure is worse? A 44 year old school teacher and father of six died in my county. He went from sick to dead in a week. He had no underlying conditions that made him "at risk." By all accounts, he was active and healthy. The population of people who are at risk of death or long term lung damage are those that can be classified as "human." I don't particularly care…
I guess I'm not sure I see why we're the ones who have to move. I'd be totally fine with a proposal to construct voluntary social distancing sites for people who'd like to spend the next 18 months isolated.