Lockdown States vs Open States, who did better?
Page 1 of 1 [ 6 posts ]
funeralxempire
Veteran
Joined: 27 Oct 2014
Age: 39
Gender: Non-binary
Posts: 25,509
Location: Right over your left shoulder
Quote:
Like seemingly everything else in America, the COVID-19 pandemic has sparked its fair share of bitter, polarizing debates: over masks, over distancing, over vaccines.
Lockdowns are no exception. One assumption many Americans seem to make is that the more a government limits gatherings, mandates masks, restricts business activity and advises residents to stay at home, the more economic damage it will do.
Among the loudest of these voices is Florida Gov. Ron DeSantis, a Republican who raised his national profile by allowing bars and restaurants to operate at full indoor capacity during America’s horrific holiday surge, then effectively banned mask mandates once Florida started to recover — all in the name of supporting business.
“She’s a lockdown lobbyist,” DeSantis recently said in reference to Democrat Nikki Fried, one of his 2022 gubernatorial opponents. Speaking at a New Smyrna Beach restaurant, DeSantis said Fried “would have had this business shuttered for the whole year. They would be out of business if Fried were governor.”
Yet for much of the past year, some experts have quietly advanced a counterargument: that economic activity is mainly affected by the rising and falling severity of the pandemic itself — not the relative strictness of the measures implemented to mitigate it. In fact, these experts argued, nonpharmaceutical interventions, or NPIs — a set of 20 government responses such as business closures, mask mandates and stay-at-home advisories that Oxford University rates according to stringency — can have an economic upside. The more the virus seems to be under control, the more eager people will be to participate in the economy.
Last week, this argument got a boost with the publication of a new report by economists at the University of California, Los Angeles. According to the latest quarterly UCLA Anderson Forecast, not only did big states with more stringent COVID measures end 2020 with fewer infections per capita, they also tended to post better economic growth numbers last year than states with fewer restrictions.
In other words, California’s economy actually fared better than Florida’s.
Yahoo News spoke with economist Jerry Nickelsburg, the director of the UCLA Anderson Forecast, to find out more.
Lockdowns are no exception. One assumption many Americans seem to make is that the more a government limits gatherings, mandates masks, restricts business activity and advises residents to stay at home, the more economic damage it will do.
Among the loudest of these voices is Florida Gov. Ron DeSantis, a Republican who raised his national profile by allowing bars and restaurants to operate at full indoor capacity during America’s horrific holiday surge, then effectively banned mask mandates once Florida started to recover — all in the name of supporting business.
“She’s a lockdown lobbyist,” DeSantis recently said in reference to Democrat Nikki Fried, one of his 2022 gubernatorial opponents. Speaking at a New Smyrna Beach restaurant, DeSantis said Fried “would have had this business shuttered for the whole year. They would be out of business if Fried were governor.”
Yet for much of the past year, some experts have quietly advanced a counterargument: that economic activity is mainly affected by the rising and falling severity of the pandemic itself — not the relative strictness of the measures implemented to mitigate it. In fact, these experts argued, nonpharmaceutical interventions, or NPIs — a set of 20 government responses such as business closures, mask mandates and stay-at-home advisories that Oxford University rates according to stringency — can have an economic upside. The more the virus seems to be under control, the more eager people will be to participate in the economy.
Last week, this argument got a boost with the publication of a new report by economists at the University of California, Los Angeles. According to the latest quarterly UCLA Anderson Forecast, not only did big states with more stringent COVID measures end 2020 with fewer infections per capita, they also tended to post better economic growth numbers last year than states with fewer restrictions.
In other words, California’s economy actually fared better than Florida’s.
Yahoo News spoke with economist Jerry Nickelsburg, the director of the UCLA Anderson Forecast, to find out more.
Interesting. Laissez-faire failed again.
_________________
Watching liberals try to solve societal problems without a systemic critique/class consciousness is like watching someone in the dark try to flip on the light switch, but they keep turning on the garbage disposal instead.
戦争ではなく戦争と戦う
goldfish21
Veteran
Joined: 17 Feb 2013
Age: 41
Gender: Male
Posts: 22,612
Location: Vancouver, BC, Canada
We were locked down for a month, but we expanded hospital capacity early on as well. People have generally also been good at following the guidelines, and wearing masks where they're still required.
Texas is 34% fully vaxed.
_________________
Who’s better at math than a robot? They’re made of math!
Now proficient in ChatGPT!
With federal bailout monies, anything is possible.
It's possible to shutdown every business in a state, and come out ahead.
_________________
Then a hero comes along, with the strength to carry on, and you cast your fears aside, and you know you can survive.
Be the hero of your life.
Page 1 of 1 [ 6 posts ]
Similar Topics | |
---|---|
911 outages in 4 states |
18 Apr 2024, 11:38 am |
Tik Tok will be banned by the United States again. |
12 Mar 2024, 4:12 am |
NY requires Chick-Fil-A to be open on Sundays |
07 Feb 2024, 2:33 pm |