colfax_m
Diamond Member
- Nov 18, 2019
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I didn’t misunderstand anything. Trump misspoke.I think he gets how bad this is, but I wish he’d stop making stupid statements (like claiming FDA approved a treatment).Sounds like Trump gets it.The economy was very different then. It was not as globally interconnected, and many countries simply did not impact our economy as much as they do now. If we don't slow the spread of the coronavirus, our health infrastructure will be overwhelmed. You think there are panic and too many shutdowns now? Imagine communities in the midst of crisis where high school gyms are primitive triages without medical supplies, and patients are being prioritized as to who gets medical care. Imagine communities where banking services have stalled, and food distribution centers cease to operate, for even a week. Managing the pace of this is far preferable to waiting to get smacked by it.The economy is being harmed by the Coronavirus hysteria created by the mainstream media. The virus itself will not harm our economy that much as long as we don't over-react. Most of the damage being done by the Coronavirus is being done by people talking about it and over-reacting. Contrast this with how well the world handled the flu pandemic of 1918. The stock market in the USA actually only dropped about 5% that year.
To put things into perspective, the 1918 flu killed about 50,000,000 people out of 1.6 billion. Today, that would be proportional to a virus killing about 215 million people worldwide. That sounds like it would be devastating, except if there was no global market crash in 1918, there is certainly no reason for us to panic and create one today.
We need to stop panicking, stoically let the virus run its course and keep working or we might suffer an economic depression.
The drug in question has been approved by the FDA, just not the use of it in coronavirus cases.
Nothing "stupid" about it except your misunderstanding of your President's statement.