Stress Pandemic Rx: Open Economy Fast

The all-out war on COVID-19 was a full-fledged frontal attack. Close down the economy, something that has never in history been done before. The result: a Stress Pandemic. While the so-called curve of COVID-19 is flattening, which our leading care experts assured us was essential, there has been no flattening in the curve of the shutdown-created stress.

Little was known about this new coronavirus when it began its worldwide blitzkrieg. It was quickly thought to be serious. Quickly labelled a pandemic. The early projection of its potential damage; i.e., 2 million American deaths, a fatality rate of 4% to 5%, never materialized. Was it dramatically overstated? Or did our apocalyptic defensive blunt the attack? It is easy to criticize an overreaction, but little was known about this pathogen. To err on the side of caution was, obviously, far better than to err on the side of recklessness. 

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