Economic suicide: the cure for coronavirus

Florida is closedI admit, I’m having trouble wrapping my mind around the speed and scale of the changes that are being imposed on our society right now. A decision has apparently been made to power down huge swaths of the US economy, perhaps indefinitely, to fight the Wuhan Flu, the invisible enemy that has so far killed 155 people in the U.S. and a grand total of less than 10,000 people worldwide.

Disney World is closed. The Las Vegas Strip is closed. Atlantic City is closed. Macy’s is closed. Nordstrom is closed. Apple stores are closed. Half of all school children have been sent home. Nationwide.

For people living in New York, New Jersey, and Connecticut, it is no longer legally possible to eat at a restaurant, drink at a bar, work out at a gym, or assemble a crowd of more than 50 people. Andrew Cuomo, Phil Murphy and Ned Lamont have effected a radical (if “temporary”) transformation of social life that would be the envy of any totalitarian social engineer – and the alacrity with which the people of the tri-state region have accepted, even embraced, these changes is truly shocking.

Maybe I have it backwards – maybe it is the people in authority, the governors, mayors, health bureaucrats and CEOs, that have buckled to pressure from the social media hive-mind, which grows ever more powerful as the US state gets hollowed out. Perhaps it is blue check Twitter, and its sudden demands for ever-intensifying, draconian action, that truly occupies the driver’s seat of our national clown-car.

In any case, a vast chain reaction has now been set in motion that will be difficult or impossible to stop. Where it will lead, nobody knows. We are in uncharted territory and few people have even begun to think this through. A nationwide shutdown that lasts 15 days is perhaps survivable. One that continues for, say, five months probably is not. Having the entire country hunker down at home for a prolonged period of time will slaughter the economy and hurt millions of Americans, perhaps killing a large number of them through knock-on effects: stress, drink, drugs, suicide, vitamin D deficiency… At a certain point you begin to wonder whether the cure won’t be orders of magnitude worse than the disease.

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