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Data from 45 countries show containing COVID vs saving the economy is a false dichotomy – Micky News

There is no doubt the COVID-19 crisis has incurred widespread economic costs. There is understandable concern that stronger measures against the virus, from social…

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As a result, there has been a tendency to consider the problem as a trade-off between health and economic costs.
This view, for example, has largely defined the approach of the US federal government. I think weve learned that if you shut down the economy, youre going to create more damage, said US Treasury Secretary Steve Mnuchin in June, as the Trump administration resisted calls to decisively combat the nations second COVID wave.
But the notion of a trade-off is not supported by data from countries…

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