AP: European leaders are blunt: A vaccine won’t come soon enough
SOAVE, Italy (AP) — In separate, stark warnings, two major European leaders have bluntly told their citizens that the world needs to adapt to living with the coronavirus and cannot wait to be saved by the development of a vaccine.
The comments by Italian Prime Minister Giuseppe Conte and British Prime Minister Boris Johnson came as nations around the world and U.S. states are both struggling with restarting economies blindsided by the pandemic. With 36 million newly unemployed in the U.S. alone, economic pressures are building even as authorities acknowledge that reopening risks off new waves of infections and deaths.
Pushed hard by Italy’s regional leaders and weeks in advance of an earlier timetable, Conte is allowing restaurants, bars and beach facilities to open Monday, the same day that church services can resume and shops reopen.
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WNU Editor: Here is an easy prediction. If lock-downs are continued for another 3 to 6 months, most small to medium sized business will either close down and/or open with a reduced staff and business model. This will spell a disaster for any economy. So when I hear the L.A. mayor talk about keeping everything under lock-down until a cure is found, he is messaging to everyone is that he is ready to destroy his tax base because of Covid-19 .... Los Angeles Mayor Says LA Will Never Be Completely Open We Have A Cure For Covid-19 (May 13, 2020). Italian Prime Minister Giuseppe Conte and British Prime Minister Boris Johnson have made the opposite decision. They are not going to wait.
Update: In other-words, the US FED Chairman is saying that there will be no economic improvement for two years or more .... Powell says a full economic recovery may not happen without a vaccine (CNBC).
3 comments:
"In other-words, the US FED Chairman is saying that there will be no economic improvement for two years or more .... Powell says a full economic recovery may not happen without a vaccine"
Experts or at least so called experts are getting a bad name in America and deservedly so.
Fauci says he can't comment economics, because he is not an expert on that.
What is sauce for the goose is sauce for the gander.
How can Powell comment on what the effects of COVID going forward for the next 2 year?
Do we have to await a renaissance man or woman, who has an economics degree and a MD, to tell us what to do?
Most of us have gone through the exercise or read the farce of rule by plutocracy, gerontocracy, etc and how foolish each one is. Now we have the press and certain political ilk that suggest or demand that we be ruled by a technocracy or else.
Be ruled by the technocracy or else you are not following the science. Which makes you evil bad.
What is the point of K thru 12 general education, 1 years worth of electives in college, and the free press. Because all that seems for naught. All we really need is a few queen bees to send out pheromone and tell us what to do.
WNU,
There will be no 3 or 6 more months of lockdown. The Left has badly misplayed it's hand. Only a big bad black swan event will put people back and if the Left thinks they can profit by this they are wrong.
Our Illinois governor is saying the same thing and he does NOT grasp the situation - you can't wait for something that may never come.
I am not a big Republican fan but it seems like the Democratic-heavy states are the ones that are refusing to deal with the realities of this disease (and more cases are in their states, too).
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