sure...some of the damage is likely permanent. Many businesses operated on small margins with even smaller reserves. But that kind of damage happens whenever there is a recession or major economic disruption. And that means that many jobs have disappeared, probably for good...or for bad I guess
we are economically flat-lined now and I'm thinking that the return of the economy will be extremely slow, compared to where it was. It may be that the first 3 or 4 months will be close to flat-lined for most of the time. If that's true, then all the pushing for things to get back to normal quickly are pointless. If the restart is May 15 or June 25, it probably won't make much of a difference by Sept 1.
all I am suggesting is that it's better to set policy based upon data and best available science, rather than desperation, much of it at the federal level because of trump's re-election chances taking a beating
for instance, I keep seeing people say that the mortality rate will end up much lower than now....maybe well less that 1% because of all those who haven't been tested yet. But I made some notes: when we had performed 3.5M tests out mortality rate was 5.1%' when we hit 5M tests, our mortality rate was 5.4%. We've now nearly hit the 6.9M test mark and our mortality rate is 5.8%. Our mortality rate when we were at 11,000 tests per million was 5.2%. We are now at 20,765 tests/million and we are at that 5.8% mortality rate. We are testing at a much higher level than we were a couple of weeks ago and yet, the death rate is increasing when people have been predicting it would decrease dramatically. Maybe we should figure out what's going on with all that before opening the country up
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* Spain is testing at a much higher rate than the US and their death rate is 10.2%
* Italy is testing at a much higher rate as well and their death rate is 13.7%
* Germany is held as a model for doing things right; they are testing at a much higher rate than the US. And yet their death rate is 4.1%
why aren't those number going down?