Topic: US economy wouldn't be shut down again despite the rising case count (Read 825 times)

Do not close the economy. This will only lead to more decline in the economy. And people will be sick. I think that the authorities understand the complexity of the situation, and what decision they did not make (leave quarantine or leave it), everyone will condemn their action.

Without doubt, they shouldn't shut down economy. Did it had any benefit? Why no one is looking for adverse effect that this economic shut down gave to us? Nowadays it's very hard to get blood for transfusion for those who really need it. A lot of people had lost their jobs and in overall life of quality is decreasing because of fall in economics and I want to mention again that your health and wellbeing depends on economic situation too, they are linked on each other so saying that why do I need good economy if I die because of corona virus, then I want to remind you what I said above + you can build immunity to COVID-19, not to hunger.

So it doesn't worth to shut down US economy again, in any way it's not a deal and majority of people won't be able to handle it and on long term this pause will bring us a bad future.

Had no idea that the US had something similar to this but I must admit I wasn't following the situation in the United States very closely. With this in mind, headlines like 'Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession' (Source) even look more worrisome. And that the umemployment rate, against all expectations, dropped in May is already confirmed to be just an calculation error (https://www.washingtonpost.com/business/2020/06/10/unemployment-error-fix/).

As you said, it will be now crucial how the government decides to go on with the unemployment provision. If they don't renew it and the lockdown restrictions still have to stay in place, there'll be even more employees getting layed off I am afraid.

Community quarantine is a torture to everyone because you can't go out if you wan't ,you can't buy what you want and you can't go to work or school because you need to follow the government "Stay at Home" for the sake of the people. US economy is stronger than this covid-19 virus but if the US government or even the other country remove quarantine and allow people to go out to buy or to work,i think it become more worst for the virus to spread unceasing.
Even the government impose another law to follow just minimize the virus spreading,it could be difficult because people always needs foods and other necessities which i think government can't supply for a long period of time if pandemic can't be stopped.
People are literally hard headed which always find a way to do what they want despite of government law.
So,i think much better if Government will allow even one person per family to work in order to survive and provide their needs.
In my country,there is a financial assistance from the government and to give to the poorest of the poor but sadly not all who's in need received it. IMO, instead of financial aid,much better for the government to supply foods and other necessities rather than a cash,so that they will not argue to the government and forced to go out to work. If people has their needs i think they will follow the Stay at home and we can control the spread of the virus.

It’s getting difficult. You can’t be in your house doing nothing, even if you Netflix and do all those things they tell you to do you will eventually get bored, no matter what. People will want to go out, being indoors is becoming really annoying for them. Do you know the most annoying thing? We are staying in our houses to stop the Coronavirus, but the cases are not even going down, you check online and the numbers are still counting and that includes the number of people that dying. This is nonsense, it’s best we go back to work than stay hungry and die out of hunger. Doesn’t make any sense .

In my country also government is slowly lifting out the restrictions on lockdown. There is lockdown is on force but we can do some more things other than going for shops and hospitals. Industry and vehicles are allowed to operate which might get chances for people to earn rather than starving.

Rather grim. I don't disagree. The experience of the Spanish Flu (where the second wave was much deadlier than the first) seems to apply here. Everybody is sort of acting like the pandemic is over even as the data tells the opposite.


Payrolls in the US have been maintained through a similar program of forgivable loans to eligible companies. Funds for that program are about to run out, and the extended unemployment benefits passed in March are set to expire next month. It'll be interesting to see what happens since Senate Republicans don't want to renew that unemployment provision and generally want to phase out earlier stimulus benefits.

I honestly would just pray for the US citizens right now and hope that Trump actually makes a move worthy enough for the title of President. You can basically describe the position of the government as stuck between a rock and a hard place, and continuing, the government instead of trying to get out, is actually just making it basically worse for them by making themselves more and more stuck in there. It's like a juggling act where they're forced to use one hand cause they tied the other hand up themselves.

If the virus was actually worse than it is right now, I doubt governments of various countries would have allowed it to spread this badly. But sadly, it wasn't, and that was probably the point that allowed it to spread this wide. They probably thought they could curb it easily, considering how it is transmitted.

No they won´t but on the other side, they need a second wave so urgently to justify all the measurements and new laws they came up recently. It´s not only an US problem but pretty much everywhere else on the planet too. Remember Tamiflu? The medication they developed against the H1N1 swine flu in 2010. European countries invest 3 billion USD to buy this medication and nobody used it because it wasn´t very useful and the side effects caused more harm than good. Now it´s the same with Covid medications. A conglomerate of EU countries already bought 300M dosis of Covid medication again nobody with a straight mind would use. They just could force us, which unfortunately is possible since they used the crisis to establish new laws that would make this possible. History just repeats itself, and again a health care issue is used for governmental bailouts and debt discharge.

The stimulating stimulus for productive manufacturing development is one of the effective strategies implemented in the current pandemic. The stimulus should be for the real sector and productive industry not for direct cash assistance to create demand. This cannot be done because the American stimulus uses money printing. Money printing can only be for the productive sector and manufacturing should not be intended for trade and for direct cash assistance.

At this time Trump and his administration must be completely honest about the position of the American economy and how much active manufacturing machinery is above 50% or below 50%. If an active industrial machine above 50%, printing money strategy with project-based is still effective. But if industrial machinery works below 50%, it must be upgraded to independent industrial manufactures that do not use imported raw materials and all of them are domestic raw materials. Mismanagement of the economy will cause a vicious economic cycle that will bring down the economy in a land that is not instantaneous.

Do you think it would be different in communism or monarchy?

People always weren't the first choice, the system doesn't really matter there's always those who rule and those who are ruled, even if the proper term changes from ruled to governed.

yeah my thoughts match you quite a bit.  I actually think that Oct the true second wave of virus will hit and be worse then the first wave.
I see 2-3 million dead world wide by new years.

A lot depends on Trump winning vs losing. If trump loses biden will come in and try to pick up the pieces of a shattered country much like Obama did with bush.

But if Trump wins again I see really bad things happening. Maybe a large kill off of people in the tens of millions.

I don't think this is a question of protests, racism, and police brutality.  Those things won't cause a shutdown, but serious health risks like COVID-19 already did cause one and certainly could again.  Imagine if the mortality rate of the virus was higher and people were absolutely terrified of physical contact with each other.  Imagine if the government had to force people to go back to work.  We'd be in some serious shit at that point, and IMO we lucked out with the coronavirus because it could have been much, much worse.

I find it very interesting that it didn't take long at all for the stock market to recover.  I'm wondering how much of that is shut-ins gambling their stimulus checks away and how much is actually sustainable.  I would imagine earnings for the next couple of quarters at least are going to be lower for a lot of companies than they were at the same time last year.  So we'll see.

budget deficit or not, trump now wants "at least" $2 trillion in another stimulus bill: https://www.cnn.com/2020/06/13/politics/navarro-white-house-coronavirus-stimulus/index.html

it's funny---the stock market takes a dump and all of sudden trump wants another huge stimulus package, much bigger than what senate republicans want.

his focus now is apparently on manufacturing though, not infrastructure.

I guess U.S.A was right closing the economy would just worsen the crisis from their country, just take a look at the funds were allocated for their citizens, benefits for 21 million workers who paused for working.
Shutting down or not there will and there would be people dying from the virus, I'm not saying that it's okay, I'm saying that it is normal for us to suffer and sacrifice in order to continue our living. It's a world dilemma actually, die due to the corona virus or die in hunger.

This is the problem on which all of the government are facing, there is afflicting factors to consider the living of the people which they are taking seriously and needs to choose from the option.


I just hope that we are going to find the cure so we can get back to normal, new normal rather.

Shutting down USA economy again will spell a greater danger for The states economy and will great the USA other. I hope they don't take this line.

In fact, a strange situation - the growth of the diseased is growing, but at the same time borders are opening and people are released from quarantine. it’s not clear why everything was started? Is it not for the purpose of collapsing the economy of all countries? maybe soon we will see a new world leader.

The U.S. government needs a concrete plan on how they will be handling the next two quarters or even the following year because there is no assurance that this pandemic will end this year. They need a plan on how they should handle those increasing COVID cases and what they need to do to help their people, especially those who lost their jobs during the pandemic.

America is a developed country, and they are more likely to be able to fight against the pandemic. What I mean is that looking at how other countries like Korea and China manage to flatten their curves, America can also do that. They just need to make a better plan that will benefit everyone without risking their economy.

I do not support the system, but it is how it is - capitalism makes the choice much easier
$billions > lives of hundreds of people

Live of one person is not cost a lot in terms of the whole country. Thats why i dont think that we will see another one shutdown soon

The economy will be worse before it gets better. It's always in a cycle, like Bitcoin as an example, it must accumulate during 4 and 5 digits, before it can reach 6 digits.