This is either a straw man argument, or I disagree that there should be long term unemployment here. Govt programs and laws will probably be needed to provide that safety net.
I'm not saying that death rate and unemployment are unrelated (equating lives and money together). I am saying that we should prioritize lives first, and figure out the money once we stop the damage.
>> I am saying that we should prioritize lives first, and figure out the money once we stop the damage.
False dichotomy. There are plenty of economists and accountants and others who can work on the economic relief package and do so in a meaningful way while scientists and medical teams (plus politicians) handle the lifesaving operations. There is no reason they cannot run in parallel.
Uhhhhh ok. I'm not really sure why you think I said they can't run in parallel? What I am saying is that you can't prioritize money over lives and actively do things to harm the life of others.
This whole comment is about the approach to covid-19 where life goes on as normal and you don't practice social distancing at all. One argument for people that do that is that they can't take off work because their businesses are open and will fire them. I believe the businesses should be forced into social distancing and provided financial help if unable to do that. We're actively going to see this happen in the next week—it started tonight—will it be late?
Why do you expect long term unemployment here? Unless the virus crisis lasts for a year, in a few months things will be back to normal hopefully and you can expect the economic activity to take off again.
https://news.yale.edu/2002/05/23/rising-unemployment-causes-...