Should US open economy sooner in May or wait more.

[1957may10]

A lot of Europeans countries already partly open for businesses or looking to open.
We have advantage to watch and analyze. We have protesters against open. We have protesters against to stay closed. From one side stay close impact the economy, to open may or may not cause more aggressive covid19 expansion.
What we should do?

Cuomo sad: if you do not have a job, come and get essentials worker job.

 

[1957may10]

A lot of Europeans countries already partly open for businesses or looking to open.
We have advantage to watch and analyze. We have protesters against open. We have protesters against to stay closed. From one side stay close impact the economy, to open may or may not cause more aggressive covid19 expansion.
What we should do?

US has 16.2% of unemployment and 26.5 m out of 158m work force.
13m more it may get in three weeks will come to 25% the same as in 1932 big depression 12.83m unemployed vs 51.84 m work force 25%.
-6.4% GDP, -9.3% inflation. We will be in not of severe Recession but Depression. Need to open economy soon.

 

[maxinger]

It depends on them.

If # 1 focus is $$$$, then remove the lock down immediately.

If #1 focus is life, then wait till data says it is safe to remove lock down.

There should be some moderation

 

[1957may10]

It depends on them.

If # 1 focus is $$$$, then remove the lock down immediately.

If #1 focus is life, then wait till data says it is safe to remove lock down.

There should be some moderation

We have two three weeks in advance. If we don’t open economy at least in part, then political and economical impact will be huuuuge. Can’t wait till data says, need smart weighted approach but open and move on.

 

[1957may10]

A lot of Europeans countries already partly open for businesses or looking to open.
We have advantage to watch and analyze. We have protesters against open. We have protesters against to stay closed. From one side stay close impact the economy, to open may or may not cause more aggressive covid19 expansion.
What we should do?

I personally do not buy Cuomo statement about covid19 exposed people research.
They should test 20-30% of NY population for antibody test. From these results you can state how many have already exposed. This will be a good source to make decisions for openings. We have about three weeks in advance. However I do not believe it will happen. So we will open with no predictable impact in the future as always. That never was mentioned by any of governors.

 

[KCalhoun]

I agree with Cramer's earlier point re fed should allocate Manhattan project type resources to cv cure. That's strategically important

 

[1957may10]

I agree with Cramer's earlier point re fed should allocate Manhattan project type resources to cv cure. That's strategically important

Sure, however did somebody from ours local, state, US government is implementing this agenda. 3000 cases taken in a few locations is a comedy. Sure, can not be as a statement.

 

[1957may10]

A lot of Europeans countries already partly open for businesses or looking to open.
We have advantage to watch and analyze. We have protesters against open. We have protesters against to stay closed. From one side stay close impact the economy, to open may or may not cause more aggressive covid19 expansion.
What we should do?

State Georgia is open for business starting today: gyms, stores, barber shops.
Governor is saying based on state health experts opinions they may open. Will see what happened...

 

[1957may10]

A lot of Europeans countries already partly open for businesses or looking to open.
We have advantage to watch and analyze. We have protesters against open. We have protesters against to stay closed. From one side stay close impact the economy, to open may or may not cause more aggressive covid19 expansion.
What we should do?

If US will not open soon we may have shortage of meat and some food. Can you believe it?

 

[notagain]

Virus infected population risk, roughly 1 in 200 die. 10% of infected population get very sick and many need hospital. 89% of infected population have recovered and could go back to work. It's likely NYC is already 20% herd immune at a tragic cost.