COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US) (5 Viewers)

[Dago]

To be clear, I'm not ignoring it, and I don't think most people are. With the benefit of hindsight, it was a terrible decision, and I don't know what the rationale was for doing it that way. But I don't think that 1 decision should define Cuomo. I don't necessarily agree with a lot of his politics, but most of his policy decisions have been pretty sound.

I still think whoever was behind that decision has to be questioned though. That cost a lot of lives.

Sorry I dont need hindsight to know that putting people recovering from a pandemic virus in a nursing home is a bad idea

 

[FootballLady]

Everyone in the short term benefits. In the long term, we have to address the debt or it will cause far more problems.

I'm not too worried about inflation in the short term but if we get this perfect recovery then hyper inflation could be a real thing and we will have to turn around and chose whether to roll with hyper inflation and cause even farther separation of classes or chose a really long down period in the economy. The good news is hyper inflation would let up pay off the debt fairly easily. The bad news is we are just as likely to see this recovery go sideways really quickly and enter deflationary period that the FED will spray even more money across the economy.

So yeah, free money is never free. The question just becomes which generation pays for it?

See my previous post about the net worth of just the 400 richest Americans. If we seized (and I'm not saying we should) 1.9 TRILLION dollars from those 400, they would still have enough to have 4 billion dollars each and we could, for example, fund the SNAP program for 30 years. My point is that we don't have to pass this debt on, we could choose to get the people who are hoarding wealth to pay their share.

 

[StudioSaint]

So yeah, free money is never free. The question just becomes which generation pays for it?

Money is arbitrary and has no intrinsic value. If money is considered worthless, it's worthless. Even if someone doesn't value a particular food, it will still feed you.

Our current economic mindset and systems are not going to survive much longer, assuming they even survive this pandemic.

 

[Eeyore]

See my previous post about the net worth of just the 400 richest Americans. If we seized (and I'm not saying we should) 1.9 TRILLION dollars from those 400, they would still have enough to have 4 billion dollars each and we could, for example, fund the SNAP program for 30 years. My point is that we don't have to pass this debt on, we could choose to get the people who are hoarding wealth to pay their share.

Not just the richest Americans. Corporations have been ruled to be people. Then they should pay taxes like people. That'll go a long way toward paying for this.

 

[DaveXA]

Sorry I dont need hindsight to know that putting people recovering from a pandemic virus in a nursing home is a bad idea

I don't either, but apparently, some people do. I don't understand the decision. Whoever came up with it needs to lose their job. But I don't know how involved Cuomo was in making that decision.

 

[nolastyle]

To be clear, I'm not ignoring it, and I don't think most people are. With the benefit of hindsight, it was a terrible decision, and I don't know what the rationale was for doing it that way. But I don't think that 1 decision should define Cuomo. I don't necessarily agree with a lot of his politics, but most of his policy decisions have been pretty sound.

I still think whoever was behind that decision has to be questioned though. That cost a lot of lives.

As SBTB explained earlier, not enough hospital beds to go around, specifically in NY, to treat both the population-at-large and the nursing home population as inpatients. It is a terrible idea under normal circumstances but still the only realistic solution in the Covid era. Sometimes there are no right answers. It feels dirty, it sounds awful, but what else is there to do to conserve resources in hard hit areas?

 

[superchuck500]

Welp, we are entering a new period of broad-scale relaxing of limitations and mitigation measures.

Is it all really in the rearview mirror for now? Or is it just the eye of the hurricane? Somewhere in between probably.

This idea that we can “re-open but carefully” seems like mostly a fantasy to me. I can’t imagine that the numbers won’t start to move back up - the chance of a higher upward trajectory seems more likely to me than a flat or low trajectory, but who knows. School being out helps I guess. Getting warmer.

Imma lay back a bit, watch this thing before I start acting like it ain’t nothin.

 

[Eeyore]

Welp, we are entering a new period of broad-scale relaxing of limitations and mitigation measures.

Is it all really in the rearview mirror for now? Or is it just the eye of the hurricane? Somewhere in between probably.

This idea that we can “re-open but carefully” seems like mostly a fantasy to me. I can’t imagine that the numbers won’t start to move back up - the chance of a higher upward trajectory seems more likely to me than a flat or low trajectory, but who knows. School being out helps I guess. Getting warmer.

Imma lay back a bit, watch this thing before I start acting like it ain’t nothin.

If we don't test for it, it'll go away.

 

[superchuck500]

If we don't test for it, it'll go away.

I think the testing capacity is ramped up and continuing. I think positives/1K-tests or something like that will become a key metric. If test capacity becomes sufficiently expansive, we can make it a standard to track the trend.

 

[DaveXA]

Welp, we are entering a new period of broad-scale relaxing of limitations and mitigation measures.

Is it all really in the rearview mirror for now? Or is it just the eye of the hurricane? Somewhere in between probably.

This idea that we can “re-open but carefully” seems like mostly a fantasy to me. I can’t imagine that the numbers won’t start to move back up - the chance of a higher upward trajectory seems more likely to me than a flat or low trajectory, but who knows. School being out helps I guess. Getting warmer.

Imma lay back a bit, watch this thing before I start acting like it ain’t nothin.

Indeed. I do think it can be done and some countries are managing to do OK with masks and distancing, but we are not just any country, and a lot of people here don't care about, or don't believe what is being reported about the virus, and as a result, they have this idea that opening up won't be that bad.

I do want to mention something though. The salon lady who was released from jail and was back in business today had her staff all wearing masks and customers as well. And it looked like they were taking the safety part of it seriously. If all businesses do that, maybe it won't be that bad.

I don't see enough of it. Unless all businesses require masks and sensible distancing in appropriate circumstances, I'm not sure we'll be able to slow this thing down. We'll see i guess.

 

[bonnjer]

Welp, we are entering a new period of broad-scale relaxing of limitations and mitigation measures.

Is it all really in the rearview mirror for now? Or is it just the eye of the hurricane? Somewhere in between probably.

This idea that we can “re-open but carefully” seems like mostly a fantasy to me. I can’t imagine that the numbers won’t start to move back up - the chance of a higher upward trajectory seems more likely to me than a flat or low trajectory, but who knows. School being out helps I guess. Getting warmer.

Imma lay back a bit, watch this thing before I start acting like it ain’t nothin.

Agreed. I'll continue to act as if the stay at home order is still in place, as much as possible. Of course, I pretty much observed stay at home before it was an order, so it's not a huge sacrifice.

Unless people start wearing masks and observing distancing while out, I think it's a no-brainer that we're going to see a quick uptick in cases.

 

[DaveXA]

Agreed. I'll continue to act as if the stay at home order is still in place, as much as possible. Of course, I pretty much observed stay at home before it was an order, so it's not a huge sacrifice.

Unless people start wearing masks and observing distancing while out, I think it's a no-brainer that we're going to see a quick uptick in cases.

I was a homebody long before this started, so I'm actually in a pretty nice routine now. I actually get a lot done at work. More than I did when I was going to the office. I kinda hope they let me telework permanently, heh.

It won't happen, but I'm taking advantage of it while I can. I don't think much will change for us. But I do worry a slight bit for my kids, since they'll definitely be ready to get out. But I think they'll be alright. I hope.

 

[superchuck500]

If all businesses do that, maybe it won't be that bad.

I don't see enough of it. Unless all businesses require masks and sensible distancing in appropriate circumstances, I'm not sure we'll be able to slow this thing down. We'll see i guess.

It's likely to vary by locality - but I don't think that many are. Participation will likely be at the big corporate level, and then below that, based on how committed the owners are. Some will be but many small and medium business owners (understandably) just want to get back to business.

It's a gamble at this point. It might reignite hot spots and light new ones - but new outbreaks probably take two or three weeks before they're fully appreciated. Or that might not happen - it might go pretty well. But nobody really knows that . . . I mean nobody.

 

[bclemms]

Welp, we are entering a new period of broad-scale relaxing of limitations and mitigation measures.

Is it all really in the rearview mirror for now? Or is it just the eye of the hurricane? Somewhere in between probably.

This idea that we can “re-open but carefully” seems like mostly a fantasy to me. I can’t imagine that the numbers won’t start to move back up - the chance of a higher upward trajectory seems more likely to me than a flat or low trajectory, but who knows. School being out helps I guess. Getting warmer.

Imma lay back a bit, watch this thing before I start acting like it ain’t nothin.

It will get higher trajectory for sure but I don't think it really explodes until the fall.

 

[EGLSShin]

Feels like way too many got complacent, at some point many people just pulled a Seinfeld.