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Hoping for a lucky break in the pandemic could cost the US economy dearly

The latest coronavirus surge is upon us and it's looking more like a tsunami. With public health at risk and the economy hobbling along, we're going to be facing some painful decisions — again. Should governments shut down bars and restaurants? Should schools send kids home to learn remotely? Will some parts of the country have to, as Dr. Anthony Fauci has suggested, hold off on Thanksgiving? Our track record with these decisions is not great so far. The states hardest hit by the first wave made these decisions too slowly. The ones hit hardest by the second wave repeated the mistake, acting only after they had run out of other options, as local hospitals became overwhelmed and daily deaths set records.

CNN - October 28, 2020

View the full story here: https://www.cnn.com/2020/10/28/perspectives/annie-duke-pandemic-economy/index.html