Article 5827R Regardless of Covid restrictions, if people are dying in large numbers your economy is stuffed | Greg Jericho

Regardless of Covid restrictions, if people are dying in large numbers your economy is stuffed | Greg Jericho

by
Greg Jericho
from on (#5827R)

The discussion (in certain quarters) about how much money each life is worth is morbid - and generally ignorant

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No recession is easy but the Covid recession must make governments around the world nostalgic for the usual ones where you just slash interest rates, shovel out money into the economy and do all you can to get things moving.

OK, it's never that simple and invariably things take longer to recover than they did to fall, but at least there is an established pathway to follow.

Related: Australia's economy was already weak - and the coronavirus pandemic has belted it into recession | Katharine Murphy

Related: Saving lives or UK economy from Covid a 'false choice', MPs warn

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