There is no doubt about it. The worst is yet to come.
Cynic
1382
The worst case scenario is 12-13K range IMO
When the great recession hit, it dipped down to 7000. Time will tell what the economic damage happening right now will do.
Cynic
1384
Relative to the recent maximum I think 12-13K would be in the range of the Great Depression drop.
trump just invoked the defense production act which will allow the government to force private industry to produce things like ventalators.
he also announce a suspension on all foreclosures and evictions (not sure what authority he has about that)
the big 3 car makers just announced all factories are closed
JimmyC
1387
Yes, I did
SK does not have mandatory testing. They are also not restricting travel other than entry of travelers with passports from Chinaās Hubei Province as well as anyone who has visited that region in the past 14 days. So I ask again, what are they doing that would not be palatable here in the US?
looking at how hard some things are getting hit today its a market panic day
GM and boeing down 25%
citigroup 16%
JP morgan 11%
JayJay
1389
So perhaps he couldnāt have suggested that because he closed the door, we are all cool now.
See the difference between containment (closing borders) and slowing the spread (mitigation) now?
He will be praised days after those same people saying we arenāt capable of mass producing these things AND that this all should be left up to the states in response to his lagging reactions
Then same logic would apply right NOW right? Nothing we can do.
The party of responsibility
Nothing we can do or coudld have done would prevent it from spreading short of sealing our borders completely before it ever emerged outside of Wuhan.
All that is possible is to attempt to limit the spread
Containment and quarantined are mitigation
Cynic
1396
And use that time to prepare, which we failed to do.
Well thatās a funny distinction your making.
If only Trump could have taken measures to slow the spread 4 weeks ago, when he was bragging about no deaths, only 15 infections, under total cobtrol, will be to 0 in no time, etc
Is that better?
They have been preparing for decades and the response began in december
Like the travel ban? When did it begin again?
JayJay
1400
No.
Containment is containment, and mitigation requires far far more than quarantine.
Cynic
1401
It has been terrible relative to multiple countries. I have higher expectations than you.