The following article, Trump Says Economic Impact Of Coronavirus Prevention May Be Worse Than The Disease, was first published on Flag And Cross.
President Trump recently took to Twitter to express that the economic fallout from the preventative measures being used to fight the spread of the coronavirus could be far worse than the actual effects of the disease itself, a sentiment being shared by many folks who have now found themselves forced to stay home instead of work during the periods of lockdown.
Check out the details from The Washington Examiner:
“WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF,” Trump tweeted on Sunday night. Once the Centers for Disease Control and Prevention’s recommended 15-day guidance period elapses, the White House “WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!” Trump added.
WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!
— Donald J. Trump (@realDonaldTrump) March 23, 2020
The White House asked the public last week to self-quarantine in a campaign that advised “15 Days to Slow the Spread” of the novel coronavirus, a highly transmissible disease. The measure would come to an end around March 31.
But the economy is reeling in what the Wall Street Journal editorial board described last week as “a rolling economic calamity” with costs to individuals and businesses growing “by the hour.”
In a televised press conference on Sunday, Trump gave a clue as to his thinking about how the measures would resolve. “We’ll get a pretty good idea what we’re doing” at the end of the 15-day period. “You know there will be a point at which we say: ‘We’re back in business, let’s go.’”
Three days after announcing the 15-day plan on March 16, President Trump was discussing the possibilities of getting folks back to work, according to reports from Bloomberg News.
Sen. Lindsey Graham, making an appearance on Fox News, said that the virus had shut down nearly three-quarters of the economy.
Sen. Rick Scott called for a 30-day coronavirus recovery plan “to get America back to normal” in the wake of the pandemic. “Americans are scared because of the uncertainty the Coronavirus has brought,” Scott wrote. “Small businesses are closing, people feel isolated and there’s no end in sight,” he added. He called for same-day testing, all domestic and international air travel to be shut down, and a moratorium on all financial obligations — including rent, credit card payments, mortgages, and utilities.
Health authorities have advocated for a prolonged period of isolation, and as of now, it’s up in the air whether or not those measures can be relaxed by April 1.
There are, right now, more than 35,200 confirmed coronavirus cases and 473 deaths, according to reports from Johns Hopkins University.
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