Coronavirus

Out of context: Reply #3219

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    Thread by @paulkrugman:

    It's now clear that the US took a decisive wrong turn in late March, rushing to reopen even though Covid-19 wasn't remotely under control. And here's one way to think about it: America drank away its children's future.

    What, after all, was the situation under lockdown? It was annoying but sustainable. Many workers and some businesses were receiving enough in emergency aid to avoid hardship, and we could have plugged the holes in that safety net, making lockdown tolerable much longer.

    Could we afford to do that? Yes. Borrowing costs were very low. There were no financial constrains on taking as long as necessary to control the virus. But there was one crucial thing where lockdown inflicted long-term damage: education.

    Students really need in-person teaching; we now know, if we didn't before, that remote learning is a very poor substitute. So our policy should have been to do whatever it took to make reopening schools in the fall relatively safe.

    What actually happened, however, was that many states, especially in the South, rushed to resume business as usual, allowing big parties, opening restaurants and — incredibly — bars. And the consequence of letting people drink in crowds was a viral surge.

    Now nobody knows either how we can open schools without disastrously reinforcing the pandemic, or how we can educate America's children without normal schooling. So as I said, we drank away the future of our children — and that of the nation.

    • Why are bars open? What the fuck
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    • A nation of children.
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    • A nation of Legends!
      Paaaaartaaaaaaaay!
      PhanLo
    • Almost all American bars are boring AF. And I say that as a drinker!
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    • These bars were kept open because many Americans refuse to give set aside their entitlement...
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    • ... even to save their countrymen. Sad!
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    • Exceptionalism supreme.PhanLo
    • shithole nation_niko
    • Bbq and beer bongs or Future?BH26
    • just the beginning...
      https://www.imdb.com…
      dorf
    • I think there was a real concern that alcoholics would flood the emergency rooms due to detox if alcohol wasn't available.monNom
    • There's some really staggering stats on alcoholism. It's something like 13% of people.monNom
    • paul krugamn is a shitty economist
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