• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Experts Think The Economy Would Be Stronger If COVID-19 Lockdowns Had Been More Aggressive

Phys251

Anti-vax rhetoric threatens our liberty
DP Veteran
Joined
Jul 24, 2011
Messages
42,664
Reaction score
24,818
Location
Georgia
Gender
Male
Political Leaning
Slightly Liberal
Straight from the files of WE ****ING TOLD YOU SO comes this latest finding:


In this week’s installment of our economic survey, conducted in partnership with the Initiative on Global Markets at the University of Chicago Booth School of Business, FiveThirtyEight polled 32 quantitative macroeconomists about the present and future of the economy. And because we couldn’t resist some Monday-morning quarterbacking, we also asked whether the lockdowns earlier in the year were too aggressive or not aggressive enough.

Out of those surveyed, 74 percent of economists said the U.S. would be in a better economic position now if lockdowns had been more aggressive at the beginning of the crisis. Among that camp, the most commonly cited reason was that early control over the virus would have allowed a smoother and more comprehensive return to economic activity later on. “More aggressive lockdowns would have [gotten] the country in a better position (health wise) as we head into fall and winter,” said Andrew Patton, a professor of economics and finance at Duke University.

The habits of COVID deniers are like those who keep putting debt on their credit card. It may hurt to pay off the debt right away instead of wasting money on the newest gadgets, but in the end you're going to pay a lot more. Only in a pandemic, the COVID deniers make us all pay more, literally.

Note, if you are unwilling to listen to those experts who know better than you (and who wind up having a higher value of human life than you do), then you are expected to demonstrate your expertise and knowledge that overrides theirs. Dunning-Kruger backlashes against these economists' expertise will not be accepted as evidence. :)
 

lurchadams

Zoom Warrior
Supporting Member
DP Veteran
Joined
Oct 30, 2016
Messages
25,622
Reaction score
12,660
Location
Seattle Area
Gender
Male
Political Leaning
Independent
Straight from the files of WE ****ING TOLD YOU SO comes this latest finding:




The habits of COVID deniers are like those who keep putting debt on their credit card. It may hurt to pay off the debt right away instead of wasting money on the newest gadgets, but in the end you're going to pay a lot more. Only in a pandemic, the COVID deniers make us all pay more, literally.

Note, if you are unwilling to listen to those experts who know better than you (and who wind up having a higher value of human life than you do), then you are expected to demonstrate your expertise and knowledge that overrides theirs. Dunning-Kruger backlashes against these economists' expertise will not be accepted as evidence. :)
In the immortal words of every person with an IQ exceeding 12:

DUH!
 
Top Bottom