Economy over health | Bitcointalksearch.org

TimeTeller

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Quote from: finaleshot2016 on August 27, 2020, 06:59:15 PM

If their economic analysts find it very worthy that sacrificing the people's healths for growth on the economy, then there's nothing wrong with that. Yes, they have a lot of COVID-19 confirmed cases on their country but it shouldn't be a reason to stop their means of growing their country which is the tourist attraction.

Cases - 37,292
Recovered - 13,471
Deaths - 397

Maybe they're also confident in their health care system for prioritizing the economy over health because based on the chart, comparing to our country, it's still better. Also, some of the data here in my country are said to be fake so those recovery counts aren't true and that's the reason why we shouldn't open our borders to other countries.

And aside from that, people should do their part also in combatting the continuous spread of the virus.
As much as possible, they should follow strictly the health protocols prescribed by the govt such as social distancing and use of face mask/face shield.
A lot of governments are in desperate move to open again the economy because many people are already suffering from the closure of businesses.
We can support our government by following their health protocols and as much as possible go outside only when necessary.

finaleshot2016

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If their economic analysts find it very worthy that sacrificing the people's healths for growth on the economy, then there's nothing wrong with that. Yes, they have a lot of COVID-19 confirmed cases on their country but it shouldn't be a reason to stop their means of growing their country which is the tourist attraction.

Cases - 37,292
Recovered - 13,471
Deaths - 397

Maybe they're also confident in their health care system for prioritizing the economy over health because based on the chart, comparing to our country, it's still better. Also, some of the data here in my country are said to be fake so those recovery counts aren't true and that's the reason why we shouldn't open our borders to other countries.

whyrqa

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In the current situation in the world due to the coronavirus pandemic, it is very difficult to simultaneously maintain the level of the economy and people's health. The coronavirus spreads very quickly if people have constant contact with each other, but if people do not contact and, accordingly, do not work, then what kind of economy can we talk about. But not everything is so simple, because today I have more than once noticed the fact that large enterprises work because they bring profit to billionaires, and ordinary businessmen do not have the right to open their own store or cafe in order to receive at least some profit ... At the same time, people work in large industries without adhering to basic safety rules in a pandemic. Thus, not the economy, but the income of rich people is more important than the health of ordinary people.

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Quote from: Coyster on August 25, 2020, 12:56:12 PM

The economy was shut earlier this year to accommodate efforts in tracing cases of corona virus and to stop the rapid spread, but from the news I'm about to share, I do not think any sort of wave or spread of the virus can shut down the economy again. Costa Rica as a country is a tourist attraction to people from different parts of the world, but majorly from the U.S., and that's to say the U.S. dollars plays a very important role in the Costa Rican economy.

Quote

More Americans travel to Costa Rica than any other nationality. In 2019, over 40% of all tourists to the country were from the United States.

Despite the United States of America having more than five million confirmed Corona virus cases, Costa Rica is opening it's borders to American tourists and to make things sound good, only Americans from six states:

Quote

Residents of New York, New Jersey, Connecticut, New Hampshire, Maine and Vermont will be able to fly into Costa Rica from Sept. 1.

Mind you this five states combined have had a total of about 694,765 confirmed cases of covid-19, which is about 20 times higher than the number of cases in Costa Rica. So it's obvious this is a move made to stimulate the Costa Rican economy, and can be said to be at the expense of health. This is very risky from the Costa Rican government and it'll cause huge backlash if it leads to a wide spread of covid-19 in their territory, as of course they will put the blame on this decision.

Another thing to note is how important a role they (Costa Rica) are playing in trying to revive their economy, do you think other nations will also follow suit and take risky measures like this one to generate funds needed for the fast recovery of the economy. Some people, in my country for example have been calling for fresh total lockdowns to be imposed as the only option to defeat the virus completely, I don't think any government can take that step again, what do you think?
Read the full news, it's a good read: https://www.cnbc.com/2020/08/25/costa-rica-is-allowing-american-tourists-from-six-us-states.html

It's not just this country, it's pretty much every country in the world taking risks in order to save the economy. In my country we are experiencing record high numbers or new daily cases, deaths and hospitalizations (a few times a week new record beat the previous ones), but cinemas are open, beaches and restaurants are open, all kids are about to go to schools (as a school teacher, I'm especially worried about this one), and the public transport is overcrowded with safety measures systematically ignored. The problem is, it's hard to determine what is worse for the well-being of people. So it's not purely a profit-oriented cold-blooded approach. Yes, some will die from COVID-19, and these people would not have got infected under lockdown in the first place. However, if kids stay at home, the poorest people will suffer most because they'll either have to pay someone to stay with kids or one parent would have to stay home with a child (which is significant losses in family budget in both cases). And struggling to make a living is also a big problem. That being said, I think many people could stay home (teachers of many subjects can teach online just fine, and office workers could work from home, thus both earning and sitting with kids). But all this requires a lot of planning and would be difficult to fully implement. So as a result, I'm expecting the spring of Italy in the autumn of Ukraine, but I somewhat understand why the world is choosing this approach.

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Quote from: Coyster on August 25, 2020, 12:56:12 PM

Another thing to note is how important a role they (Costa Rica) are playing in trying to revive their economy, do you think other nations will also follow suit and take risky measures like this one to generate funds needed for the fast recovery of the economy. Some people, in my country for example have been calling for fresh total lockdowns to be imposed as the only option to defeat the virus completely, I don't think any government can take that step again, what do you think?
Read the full news, it's a good read: https://www.cnbc.com/2020/08/25/costa-rica-is-allowing-american-tourists-from-six-us-states.html

There are great concerns that the Corona pandemic and the resulting recession will lead to the first increase in the global poverty rate in three decades. As we face an uncertain future after the Coronavirus, policymakers in the world must do something to counteract the economic implications of the pandemic. If people do not die from disease, they will starve to death.

Ucy

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I think the total lockdown was an extreme measure, probably without good research, and the weighing of the advantages/disadvantages.

I'd suggest that the good safety/preventative measures be followed while people are allowed to go to work. I find things like avoiding crowded places, using the face protections/masks, eating healthy, handwashing, outdoor gatherings, etc as sensible preventative/safety measures. But you have to do/apply this things rightly so they don't look meaningless.
Not everyone needs these ^ measures though, but for the sake of those who need them, we could all use or do them.

Latviand

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Quote from: plvbob0070 on August 26, 2020, 02:50:16 AM

AFAIK, other countries are now allowing international flights while implementing restrictions. They can't really close international flights because it's one of the factors that's helping the economy. During the first few weeks/months of COVID, a lot of countries imposed restrictions on flights but they can't really do that for a long time.

It's a risk, but it's still okay as long as they are following protocols like if you travel from another country, you need to self-quarantine for 14 days before going out and that's what other countries are doing.

Because that brings a huge impact to the economy that's why it is the only thing that some of the governments are doing even if it is risky. That's why spreading of virus from countries to countries is still there. As soon as possible, if it is not that urgent and necessary, stay at your home and avoid travelling from one place to another.

If authorities are strict about implementing 14 day self-quarantine and people are responsible with that, then it is not the problem.

But governments just doing their thing, they don't want the state's economy to crash and affect its citizens. It also want its people to have a healthy living, while they are doing risky things so they can somehow support its citizens.

sabbir2world

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You see these global pandemics are not new. It happened or I mean similar incidents like covid-19 happened in the past. That surely took many souls but couldn't stop the humans to advance further. 😁

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Here in my country the same thing, they have implemented the quarantine for the first time, but the economy has deteriorated significantly and people have become unemployed and upset about this bad situation, so the government has canceled the quarantine and I do not think that they will apply it again despite the increasing spread of the virus on a daily basis.
As for Costa Rica, this is a completely irresponsible and ill-considered step by the government, if the infection is transmitted by tourists from America, this could cause a disaster in the country because of these large numbers and I think that people there are never happy with this decision and prefer health over economy.

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This is one big challenge that the government is facing nowadays. It's really hard to balance both economy and health. Most of the governments around the world are prefereing economy over health, especially here in the Philippines.

During our 2 month lockdown, more establishments have closed and the government funds quickly depleted despite donations from other countries. Right now, the government admitted that they cannot afford anymore to implement full lockdown for the entire country. However, frontliners are also depleting because they got infected too. They are tired right now, and the number of hospitals are not enough.

Because the government needs the economy to recover, taxes are collected and to be used to aid us once again for the pandemic. I just simply don't like the incompetence of our national government.

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Quote from: ecnalubma on August 26, 2020, 01:34:37 PM

We cannot defy governments doing ambiguous decisions specially that most countries now can’t feed their people anymore.

The very reason why they needed to make a hard decision like this, either way there's consequences that
the government needed to address, they need to take their stand.

Quote from: ecnalubma on August 26, 2020, 01:34:37 PM

Though its a hard situation to open establishments for operations but they don’t have any choice, what is happening now is fighting the pandemic and at the same time reviving the economies.

No in between but to continue surviving facing this pandemic, they have to make a clear decision making
to address the virus and the needs of the people.

Quote from: ecnalubma on August 26, 2020, 01:34:37 PM

Its the new normal, live with the virus but with the proper protocol.

Correct proper protocol to avoid making more infected and to lessen the spread of this virus.

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Quote from: Janation on August 26, 2020, 08:21:44 AM

Quote from: imstillthebest on August 26, 2020, 05:03:02 AM

.
i dont also believed that governments are gonna get poor if they continue lockdowns but i think they have a good wealth reserve for this kind of situation . this is better than they spend money on others

I think that is obvious that they will be having a hard time supporting the country with long lockdowns.

Actually there is no country that can contain this virus in a year unless there will be a vaccine available. Definitely, we are talking about years in a pandemic and there is no country that can stand with themselves economically facing the pandemic with strict lockdown protocols.

Quote from: Janation on August 26, 2020, 08:21:44 AM

As people are restricted to go to their jobs, just imagine lower taxes going in the government, that means they will be having a limited money to use. They will be having a hard time making projects because they will be focussed on supporting these people that are stucked in their houses. That would really empty the taxes bag..

I see now that each country are making some amendments from normal to the "new normal" stuff, but things like taxes won't be change in fact they are looking for its extra sources to replace the productiveness of unemployed workers temporarily. Our country will be opening flights again starting next month, our tourism will be open too partially, guidelines will be implemented strictly and social distancing will be practiced.

ecnalubma

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We cannot defy governments doing ambiguous decisions specially that most countries now can’t feed their people anymore. Though its a hard situation to open establishments for operations but they don’t have any choice, what is happening now is fighting the pandemic and at the same time reviving the economies. Its the new normal, live with the virus but with the proper protocol.

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Quote from: Coyster on August 25, 2020, 12:56:12 PM

The economy was shut earlier this year to accommodate efforts in tracing cases of corona virus and to stop the rapid spread, but from the news I'm about to share, I do not think any sort of wave or spread of the virus can shut down the economy again. Costa Rica as a country is a tourist attraction to people from different parts of the world, but majorly from the U.S., and that's to say the U.S. dollars plays a very important role in the Costa Rican economy.

Quote

More Americans travel to Costa Rica than any other nationality. In 2019, over 40% of all tourists to the country were from the United States.

Despite the United States of America having more than five million confirmed Corona virus cases, Costa Rica is opening it's borders to American tourists and to make things sound good, only Americans from six states:

Quote

Residents of New York, New Jersey, Connecticut, New Hampshire, Maine and Vermont will be able to fly into Costa Rica from Sept. 1.

Mind you this five states combined have had a total of about 694,765 confirmed cases of covid-19, which is about 20 times higher than the number of cases in Costa Rica. So it's obvious this is a move made to stimulate the Costa Rican economy, and can be said to be at the expense of health. This is very risky from the Costa Rican government and it'll cause huge backlash if it leads to a wide spread of covid-19 in their territory, as of course they will put the blame on this decision.

Another thing to note is how important a role they (Costa Rica) are playing in trying to revive their economy, do you think other nations will also follow suit and take risky measures like this one to generate funds needed for the fast recovery of the economy. Some people, in my country for example have been calling for fresh total lockdowns to be imposed as the only option to defeat the virus completely, I don't think any government can take that step again, what do you think?
Read the full news, it's a good read: https://www.cnbc.com/2020/08/25/costa-rica-is-allowing-american-tourists-from-six-us-states.html

Its not just America that is suffering because of the Pandemic but most of Asian countries that have bad healthcare system damaged the economy as a whole. The Indonesia and Philippines which are both currently in deep debt from other countries. The government officials did not have any concrete plan to fend or mitigate the damage done to the economy and health of their people. It would really be hard to recover from that UNLESS they create drastic measures in which that they prioritize the health of their people because having people work can boost up the economy.

tbterryboy

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Unfortunately economy IS health, if you cripple the economy to a point that nobody works and everyone is at home, people who can work from home do work from home but all the other jobs and business' that can't work from home, such as cafe or restaurant or dry cleaner or MANY other stuff that has to get out of the house to work, would really go bankrupt, if they have some savings account at the side they could barely survive but at that point they are eating away from their years long savings as well.

This means they will be stressed out and some would be basically unemployed and with no income and that would cause them to lose any chance of getting any medical need as well. All these come down to their health going down constantly because you can't be in this much trouble and still have your health up.

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Quote from: akram143 on August 25, 2020, 01:41:47 PM

It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.

Virus are unstoppable once the government and its people are underestimating its ability to kill people and spread immediately.

That's why government are still having a hard time to recover, they can't reopen businesses, transactions, and travelling of goods due to the risk of Covid-19. But if the thing is really necessary, they should do it carefully while following precautionary measures. I know that life is hard if we live like this, but I want you to understand that this is just temporary. We will surely go back to normal and we will surpass this trials.

Just prioritize your health before anything else.

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Quote from: The Cryptovator on August 26, 2020, 11:59:31 AM

I do not agree with those who are opening their border for tourism. Most probably Costa Rica took a wrong decision and they would regret that in near future. It's better "stay safe than sorry", who knows if in case spread the viruses once again then it will be very difficult to control. I like those countries just open basic needs organizations. The economy should recover slowly, it wouldn't recover suddenly. A wrong decision would lead to more losses.

+1 to all you said. Opening intracountry businesses imo isn't bad, the home government can ensure strict compliance to social distancing and other covid-19 preventive measures. Tourism (travelling to other countries) is the major way this virus touched almost all nations in the world, tourism should be the last thing that should open as the lockdown is eased gradually.

There's also a different between opening the borders for essential matters/businesses and the number of people who travel in will be cut down, but tourism brings in quite a lot of people and these tourists will always wish to stay for a longer period of time, imo, Costa Rica can only hope this doesn't bring a wave of the virus with it.

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Quote from: palle11 on August 25, 2020, 03:25:10 PM

Quote from: akram143 on August 25, 2020, 01:41:47 PM

It is impossible to stop the spreading virus, if they closed borders in the Jan itself then it could be a right decision but closing the borders doesn't make sense when they need funds to help their revival of economy which is more important that health to be honest in the view of government.So if people don't want to lose their lives then they have to stop doing such activities.

On the contrary , I heard health is wealth. I think that should me you don't trade your health for wealth. If Costa rica or any other country expose their citizens health because of money to revive the economy, I don't think is a very wise decision. Bad health can kill so much than hunger and with hunger, help for food can easily come.

As I said in the view of government health is not more important compared to economy, even they are not going to worry if thousands of people died because it lower their burden and gives opportunities for the unemployed one.It may look like too harsh but in this politics these things are happening in reality.

The Cryptovator

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I do not agree with those who are opening their border for tourism. Most probably Costa Rica took a wrong decision and they would regret that in near future. It's better "stay safe than sorry", who knows if in case spread the viruses once again then it will be very difficult to control. I like those countries just open basic needs organizations. The economy should recover slowly, it wouldn't recover suddenly. A wrong decision would lead to more losses.

Silberman

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It is very clear that by the way the economies of the world are run that there was no way to maintain the lockdown for a very long time, as soon as governments realized that the virus was not as lethal as they thought it was they had been deciding that the best thing for them is to open the economy, and quite honestly many people want the same, because just as much as the government was not ready to deal with this pandemic people were not ready either and they prioritize their economic well being over their health.

Topic: Economy over health (Read 383 times)