Why We Are Deliberately Allowing Our Economy To Go On A Downward Spiral

And most notably, Americans throughout the country have decided on their own to stay home — to protect themselves, their families and neighbors.

All of these steps are being taken to somehow arrest the spread of the coronavirus. But all of these steps also contribute to a sudden, violent contraction in the economy.The measures to protect public health are on one end. The normal activities that generate economic growth are on the other. And right now, we've put our weight firmly on the public health side of the seesaw. Saving lives is the priority.

Jeffrey Sachs, professor of sustainable development at Columbia University, says two immediate steps are critical:And breaking the transmission process. "These are the highest priorities right now," Sachs says."Everything else — economic ramifications and so forth have to be secondary because the ferocity of this epidemic is extraordinary."

Because in a downward spiral people with money make more money. Misery is profitable to some people and those people own the GOP. 2008 saw millions lose their homes but stevenmnuchin1 remembers it as a glorious time of plenty

I’m trying to protect two highly vulnerable people that I love and care about very much, my mom and my brother who has cerebral palsy. I chose to self isolate. They closed the libraries where I workto the public but employees have to work. I ran out of sick leave. What to do?🙄😔

Getting money in desperate people hand now is 1. Elderly very ill, I got to order everything to be delivered. Barely keeping heat on now. A phone Ha. Must miss a meal to afford one

GovWhitmer dananessel

Can we possibly get a number from anyone above the state level on the amount of masks, ppe, ventilators, and tests? Can one member of the “Coronavirus task force” step up to the plate?

“You know what solves it? When the economy crashes, when the country goes to total hell, and everything is a disaster, then you’ll have riots to go back to where we used to be, when we were great.” - Donald Trump

Learn how to stop your negative thoughts during quarantine.. U have time now to free urself from negative self talk

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus and Christmas: Why it's healthy some people are getting in the holiday spiritCoronavirus and Christmas: Why it's healthy some people are getting in the holiday spirit LifeAtHome
Source: Yahoo Lifestyle - 🏆 365. / 59 Read more »

Why Europe’s new border controls won’t help muchMost experts think border controls are largely useless for protecting areas where there is already an epidemic Catch your breath before you start making idiotic mistakes again. US cut airline on Jan,but US has 20000 cases,why? because US work the wrong way, they always thought it's other's fault, actually US made its own sick. Unless there are no measures taken on the other side of the border. You don’t want to import the virus.
Source: TheEconomist - 🏆 6. / 92 Read more »

Tom Hanks Has Diabetes and Coronavirus—Here’s Why That Makes The Condition More SevereActor Tom Hanks revealed in an Instagram post Wednesday night that he and his wife Rita Wilson have been diagnosed with coronavirus disease or COVID-19…
Source: Health - 🏆 396. / 53 Read more »

Royal Expert Breaks Down Why Kate Middleton Loves Wearing GreenGreen is definitely the Duchess of Cambridge's color.
Source: CafeMom - 🏆 701. / 51 Read more »

Why America’s financial plumbing has seized upIf enough liquidity is created quickly, the long-term damage to the real economy will be minimised 👍❤️ Stock market has pushed up by liquidity,now it's just returning. That's what they said in 2008
Source: TheEconomist - 🏆 6. / 92 Read more »

Why Tom Brady's signing for Tampa Bay echoes Peyton Manning's move to the BroncosLike Manning, Brady has left the franchise where he became an NFL star, but can he emulate his old foe and win a Super Bowl with the Bucs? Manning replaced Jesus Tebow. Brady replaces Infamous Winston. Uh....one won after joining a second team and the other won’t
Source: Newsweek - 🏆 468. / 52 Read more »