201–210 of 568 posts
This is going to be an economic catastrophe unless there's somehow a nationwide bailout to literally all brick and mortar businesses. I know of several local bar/restaurants that are considering shutting down for good, and a colleague near Melbourne told me of 4 that already have (I'm eastern US). Even if this all blows over in 3 months, we'll have a huge surge in homelessness and folks needing social assistance acro…
Suspend rent payments
My Daughter was working as a temp between jobs and the work has now been stopped, she had two second interviews planned in Sydney this week now both positions have been retracted and nobody hiring or interviewing, she has about 7 weeks of cash savings and 4 months lease on a rental. Oh and no unemployment benefit or subsidies as she is New Zealander working in Australia. Young People at the lowest risk from this viru…
Closed shops can be reopened, dead people can't be brought back.
EDIT: it really scares me to see there a real actual living human beings on HN here who would in all seriousness downvote this.
I’m probably in the minority but I lean towards the UK model. My suspicion is that the mortality rate is lower due to inadequate testing. Call me a cynic but after 9/11 I’m weary of temporary measures that become permanent in one way or another.
I'm going to go ahead and call you a cynic here. Do you really think there's any way that the State of Washington will be permanently banning events over 50 people? Do you really think there's any way that the State of Washington will be permanently preventing the operation of bars, dine-in restaurants, and entertainment facilities? I'm generally pretty skeptical of creeping government powers myself, but this just...…
This is going to be an economic catastrophe unless there's somehow a nationwide bailout to literally all brick and mortar businesses. I know of several local bar/restaurants that are considering shutting down for good, and a colleague near Melbourne told me of 4 that already have (I'm eastern US). Even if this all blows over in 3 months, we'll have a huge surge in homelessness and folks needing social assistance acro…
(And, yes, I'm sure the more leftist and anti-capitalist out there will say "but are you really surprised?," and they'll absolutely have a point.)
Earlier quoted context omitted.
Many of them, no. And bars, for instance, aren’t allowed to serve their primary purpose via delivery. Or movie theaters. Or music venues. Or retail. Or.... It’s gonna be a mess, because we already know the government is going to fail to alleviate the impact.
Retail can't deliver... What is the primary non-deliverable thing you get from retail?
IMO the only question now is how long it takes the rest of the country to follow suite. Here in NC our governor announced the closing of all public schools on Friday, but I've heard from several friends that in my city (Raleigh) the downtown bars and restaurants were pretty much at normal capacity this weekend. I don't think the general public is going to truly take this seriously until they're told that they have to…
It's clear that some people DO NOT see this as a threat worth worrying about. Shame on them, I say. They're probably the same idiots that show up to work sick, and cough without covering their mouth around others.
A lot of people who apparently don't believe in biology, and don't have the ability to see past their own 2 feet.
Earlier quoted context omitted.
Lives and dollars are not totally different things. How many lives will be ruined by total financial destruction? How many will commit suicide in the months and years after due to financial issues?
Even if we accept your premise, how many dollars in economic activity will be destroyed by the deaths of enormous numbers of working age people because the hospitals were overloaded and they couldn't get the critical care they needed?
Earlier quoted context omitted.
Lives and dollars are not totally different things. How many lives will be ruined by total financial destruction? How many will commit suicide in the months and years after due to financial issues?
> How many will commit suicide in the months and years after due to financial issues? Hopefully 0 if we provide a robust social safety net for people who's livelihoods are harmed.
I’m probably in the minority but I lean towards the UK model. My suspicion is that the mortality rate is lower due to inadequate testing. Call me a cynic but after 9/11 I’m weary of temporary measures that become permanent in one way or another.
Diamond princess looking to be 1% mortality. Korean mortality matches China’s, when you adjust for age groups.
Further, mortality rises when the health system is overwhelmed, as in lombardy and wuhan. The math of this suggests every place gets overwhelmed without containment.
Not only does coronavirus morality rise, but you ALSO get excess mortality as the hospitals are taken out of commission for stuff like heart attacks, trauma, etc. hospitals become covid-19 treatment centers.
Source on WHO mission: https://www.vox.com/2020/3/2/21161067/coronavirus-covid19-ch...
Good. Aggressive steps like this are the only way we'll get a handle on what's happening. The alternative is exponential runaway and complete disaster. Full disclosure: I live in Seattle.
Another Seattle resident here... I wonder if we're only a few days away from a Hubei/Italy-style lockdown where you can't go outside except for groceries and pharmaceuticals. Is there precedent for that in American history?
But, if the US is ~11 days behind Italy in terms of infection rate, then we can expect a lockdown by ... Friday, March 20.
Good Lord.