If you haven’t, you should read Charlie’s piece from this morning about Trump’s coming pivot to “restart the economy”…
Here is the problem with the argument that it’s time to restart the economy: It assumes that all we have to do is flip a switch and then we’ll be able to go back in time.
We can’t…
We cannot return to the economy of three months ago by simply “restarting” it, as if it was a machine we just happen to have left idling in the driveway.
We will have to rebuild the economy. This will take a great deal of time and effort. It will be expensive and painful. And we cannot even begin to set ourselves to the task until the underlying problem has been managed.
Because here is the plain fact: You cannot reconstruct the economy until COVID-19 is under control. Period. Full-stop…
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Read the full editorial piece by Jonathan V. Last in The Bulwark: https://thebulwark.com/newsletter-issue/you-cannot-fix-the-economy-until-you-fix-the-pandemic/