Testifying before the Senate Health, Labor and Pensions Committee on Tuesday, Dr. Anthony Fauci warned of the potential for "really serious" consequences from renewed coronavirus outbreaks should states reopen prematurely. But, Fauci’s warning applies equally well to the “really serious” consequences of opening too late.
Of course, Fauci is an immunologist focused on the pandemic, not a businessperson or an economist. While it’s important to heed the advice of medical experts, it’s a mistake to ignore the economic costs of their recommendations in terms of both human suffering and death.
As stated by President Trump, we can’t let the COVID-19 “cure be worse than the problem itself.” The severe physical and emotional impact of unemployment on American workers lends credence to the president’s concern.
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