Saving economy at the cost of what?

[fiulpro]

I do think we do realize that the most important thing one should be concerned right now about is actually : Well being, Good health of his family and himself too.

When I go through the news I do realize that the government is prematurely removing the Quarantine , which might cost life of a lot of people .

• Bans on many Casinos was lifted
• The Flights have started operating
• Schools are going to start again

And much more !

I do think we should realize that even though we are moving forward to save the economy of the world , we are actually less concerned about COVID-19 now.

Is it worth it ?

Because even though we have strict regulations, even though people have been given strict rules to follow , they will still mess up !

I am aware of the counter argument : If this is not done people will still die ..Hungry , without being able to pay for the basic necessities

But I do think there should be some way , such as Quarantine is extended but still the Sectors Instead of asking people to come to the office continues to work from Home.

There should be Penalty on people for not wearing masks, might sound ridiculous for some but please understand that :

The second or Third wave of the virus can be prevented by 100% usage of masks .

With Risks increasing and possible economic collapse where are we headed to ?

[Afzal0]

Yes, it is true that coronavirus has made the economic side of the economy unusable and people are facing a lot of problems and because of this schools and colleges have been closed, the wheel of the economy has become stagnant and we have been able to keep the wheel of the economy moving.

[Stedsm]

Look, we literally need to understand that this has now become something we need to live with, at least till a few more years or until a working vaccine takes place in the market. And for that, even if these bans have been lifted, there are still a lot more restrictions to be followed where temperature checks, wearing masks, sanitizing hands by washing them, washing your face after coming back from some place, etc. and many more measures are being taken by governments in order to save their citizens from getting infected.

[Darker45]

This is saving the economy at the cost of a lot of people possibly exposed to the corona virus.

I can still remember when my country implemented a national lockdown when the number of infection was still around 50. That was said to contain the spread of the virus. The number of infection was already reaching to the thousands when they finally decided to allow people to come out and go back to their works.

With that, my government is already giving up, at least economically. We haven't defeated the virus yet but the nation's economy is already raising the white flag.

And now, the process of natural selection seems to have taken over the wheel. Unfortunately, in this process among humans economic status plays a very vital role.

[ethereumhunter]

Actually, that is not worth to do, but the government can not do anything unless they start to use a new rule for people who will go out of their home. People need money to survive, and we know that many of them lost their job in this pandemic, and that makes them search for the new job.

I am afraid if people are not concerned with their health while they are out there, that can trigger the second wave of Covid-19 because I see that many people now careless with their health. I already see many people don't use a mask while they drive with the vehicle, and even in the shopping market, people do not use social distancing when they pick any product.

I hope that the government can handle that, and I am sure that there will be some people who will still care about other people health and life so they will always remind people who have careless.

[joniboini]

But I do think there should be some way , such as Quarantine is extended but still the Sectors Instead of asking people to come to the office continues to work from Home.
There should be Penalty on people for not wearing masks, might sound ridiculous for some...

Not every business can be done from home. So like it or not, they need to go out to make money. I can understand the penalty thing if government also provide the masks for those who can't afford it (if there's any). They can also require every office, public place etc have a "sterilization" place.

Some people won't believe that it is really dangerous though, and will probably got COVID later on. Sometimes experience is the only thing that could change them.

[Lucius]

When I go through the news I do realize that the government is prematurely removing the Quarantine , which might cost life of a lot of people .

The thing is very simple, you have the option to continue to aggressively protect human health while literally destroying your own economy, and I think there is no country in the world that can function in the long run without getting things back to normal. What is also meant by normal is the collection of taxes that fill the state treasuries, which in turn finance everything that is needed in everyday life.

I do think we should realize that even though we are moving forward to save the economy of the world , we are actually less concerned about COVID-19 now.

I don't think that's the case, life must go on, even if it means that some people will die, but they also die every day from the common flu, traffic accidents, various diseases. What you may not be aware of is one very good news regarding the vaccine, and according to the latest information, it should be ready this fall for almost 400 million EU residents, and then for the rest of the world. This vaccine along with some others being developed gives new hope in the possible prevention of a second wave.

Drugmaker AstraZeneca struck a deal Saturday to supply up to 400 million doses of an experimental COVID-19 vaccine to European Union countries, the latest in a series of agreements as scientists, governments and pharmaceutical companies race to combat the virus.

There should be Penalty on people for not wearing masks, might sound ridiculous for some but please understand that :
The second or Third wave of the virus can be prevented by 100% usage of masks .

Did you know that the price of one package of 50 disposable masks is around 40-50 EUR in EU? Such masks are actually more of a cosmetic accessory because the virus passes through them without any problems. Masks that somewhat protect against viruses (not 100%) are marked FFP2/FFP3, and the price of one such mask is in retail between 4-5 EUR. Would you punish a man who has lost his job, has a family to feed and a loan to repay because he can’t afford a mask?

[plvbob0070]

I think most governments have these two major options, it's either they continue strict lockdown and might result in an economic recession, or start reopening businesses to save the economy even with the risk and just implement a protocol. No matter what they pick, there is still a big consequence and it's hard to make a decision since it involved millions of people in a single country. As for your suggestion, unfortunately, those who badly need income, can't work from home because the nature of their job requires physical skills such as construction workers, drivers, janitors, and more.

In my place, if you're going to a grocery or other shops, you can't enter without wearing a mask. But I think it will be harsh to penalize someone without a mask because what if they can't afford it? Instead of implementing a penalty, if authorities can see people without a mask, they should give them a free mask and talk to them about the importance of wearing a mask.

It's difficult for the government to make a wise decision because there are many factors to be considered that's why we also need to start to be more careful about ourselves and the environment. Getting infected or not starts with you if you are being careful or not. It's not just about what the government is trying to save, we are also responsible for taking care of ourselves.

[Wexnident]

Work from home isn't really a suitable solution for some work out there. Simple examples would be work regarding infrastructures and the like. Ofc, they could postpone that, but then again just like why they opened up the quarantine, it's because a lot would become jobless if it happens. Honestly, if there was a solution so that the economy would flow once again while letting the residents of their countries retain their safety, then the government would have probably done so, sadly, this was the best solution they could come up with temporarily.

The second or Third wave of the virus can be prevented by 100% usage of masks .

Not really, nope. If it could, then the number of infected every day wouldn't have spiked up so much, especially for countries that were relatively prepared for the outbreak. Most of the countries that are done with the pandemic and are opening up nicely are those that actually actively tested and quarantined anyone that was infected. They immediately went for the root of the problem which was the spread of the virus, so they tried to find the sources or the infected, and so they did, which basically caused the number of infections to spike down.

[The Sceptical Chymist]

Is it worth it ?

It might be a little too soon, but we can't be locked up in our houses forever, not working and watching the world come to a stop.  If the virus was deadlier than it is, I'd say it's way too soon to reopen businesses and so forth, but we're not talking about a virus that's as deadly as the one in the movie Contagion.  If people keep their distance from one another, wash their hands, and wear face masks I think it'll work out just fine--or as good as it can be at least.

Everything is a risk in life, and this is no different.  Nor is this the first time in history a global epidemic has occurred; it's just the first one in about 100 years, so most people alive now don't recall the flu outbreak of 1918. 

life must go on, even if it means that some people will die, but they also die every day from the common flu, traffic accidents, various diseases.

Exactly.

[Stedsm]

--snip--

The second or Third wave of the virus can be prevented by 100% usage of masks .

Not really, nope. If it could, then the number of infected every day wouldn't have spiked up so much, especially for countries that were relatively prepared for the outbreak. Most of the countries that are done with the pandemic and are opening up nicely are those that actually actively tested and quarantined anyone that was infected. They immediately went for the root of the problem which was the spread of the virus, so they tried to find the sources or the infected, and so they did, which basically caused the number of infections to spike down.

I believe, sadly, that the truth behind the spike in any country's number of infected cases of Coronavirus is that, the costs are so damn high that people don't even go to hospitals for a check-up unless someone else calls the emergency and gives their details so to save their own lives and others' too. That's a fact that people fear a lot to be found a positive of Coronavirus as they believe they should better die instead of being treated as the costs would give them a heart-attack (just like what happened in that $1.1 million bill case). Another thing is that, they get treated like animals in government hospitals if they are shifted at such hospitals due to not having the capability to pay the expenses.

[cabron]

They reasoned we shouldn't be afraid of covid forever and that we should reopen the business for we all die anyway were just influenced by the big businessmen and politicians being influenced by these businessmen. These big businesses need to reopen their business because they only care for their money.

Life can go on without reopening yet because there are lives to save. Whats a government and business has to work on if there are no people left?
To live is not easy when infected already and a person with a family can contaminate everyone in a family and the next family who live nearby.

[sunsilk]

We are heading to the new normal. I've seen this post about the month of July which most of the international airports will be back in business and opening once again. Being an individual, as much as we want to stop the businesses back in operation, they have to.

A lot of jobs were already frozen during the quarantine period and we're in the middle of choosing what's best for us. Many will die of starvation if the government will run out of funds to sustain for the aid of its people. Not all of us have enough savings to fund our food until the virus is gone. There's no other choice for the governments but to push the economy to restart.

[Harlot]

With the exemption of Vietnam you will see that most of the countries didn't risk to have an early lockdown or quarantine due to the hit their economy will take when most of their activity will be shutdown. Now they are risking the health of their own citizens by lifting the lockdown prematurely just to save the economy and keep it up and running so this time I don't think most of the governments have a choice but to lift the lockdown. I do think their only gameplan now is wait for a cure to arrive rather than contain it further now judging on how I read the news. Your statement about disposable masks isn't entirely correct, yeah the whole country might be wearing protective masks but if they always touch their face as well as move around their face masks they are just as good as wearing without them.

[GeorgeJohn]

currently economy of a country can only come down due to the level of their economy, secondly economy of country reduced due to management, thirdly economy of country can only reduces due to political crisis, fourthly economy of a country can come down due to disease, finally economy can come down due to war in the country.

1.economy of a country come down due to a level of the product or production of the country, this is the area a country need to diversified their economy for example a country that base on agricultural product and it happen that crude oil come up to the country and government of such country abandoned what was generating revenue to the country been agricultural industry and focus on natural mineral crude oil, that shows that the country is not diversefy in terms of economy,therefore anytime price of crude oil is down in exchange market automatically that country economy has come down,this is one of the major thing that brings economy down.

2.Second point,economy of a country come down because of management, management is one of the major thing in area of economy management, if people in control of the managing resources fails base on lack of policies it will contribute immensely to the down fall of the country, so any country have to take much measure to manage their country to avoid down fall of economy.

3. third point, political crisis is another problem causing down fall of a country economy, when there is a political problem in a country no of the leaders will protect the interest of the country all will be conscious of party affairs and some of government amenities that generate revenue can be sold out in other to maintain their positions, assuming that the country has only one sector that generate revenue and it has to sold out by pass leaders, what ease can generate income in such country.
All these is because of political crisis.

4.disease causes down fall of  a country economy currently corona virus pandemic is one of diseases that can bring down economy of a country down, because this pandemic Carrie's both shutdown of industries and increase in death rate in a country if their is no adequate treatment apply to the masses.
Because this disease can eliminate the country including the board of director's of country economy, and when it happens mismanagement of economy will take place therefore country economy will start going down.

5. Finally war causes down fall of a country economy,
When there is war in a country it Damage's many thing in a country before such will regain their economy it will take period of time.
Therefore leaders of a country have create policies that will enhance the growth of a country economy for the betterment of the country.

[South Park]

Governments have taken a calculated decision, at the beginning when there was almost no information of the virus they took the decision to protect the lives of their citizens regardless of the costs until they had a better understanding of the lethality of the virus, after 6 months it seems they have decided the damage to the economy caused by these measures will be greater than the damage the virus will cause by itself, still it is not as is everything has returned to normal, many business are still closed and people are still encouraged to take the preventive measures we all know by now.

So it is not like governments are prioritizing the economy above all we are still trying to figure out the optimal spot to take care of the health of people while still maintaining the economies of the world healthy as well.

[Sanugarid]

We are heading to the new normal. I've seen this post about the month of July which most of the international airports will be back in business and opening once again. Being an individual, as much as we want to stop the businesses back in operation, they have to.

Well for my community, it seems to me that things are getting worse. We already opened half of the economy bringing back the half of the jobs to the people whose inclined with the essential and basic job that we find safe as of now but the public transportation is not that well planned at all. I see people complaining in social media sites, those people who work from city to city needs to walk a very long road just to get on their workplace and I find it unsafe coz we know that the virus is attached any where. They might just caught it then spread it that way. New normal is slightly non-reliant for me now.

A lot of jobs were already frozen during the quarantine period and we're in the middle of choosing what's best for us. Many will die of starvation if the government will run out of funds to sustain for the aid of its people. Not all of us have enough savings to fund our food until the virus is gone. There's no other choice for the governments but to push the economy to restart.

That's the problem facing by the government now, but totally closing the economy will just worsen the situation. What we need now is a strict implementation of rules and guidelines.
New norms shall be implemented wisely.

[Haunebu]

The governments have no choice op. Extending lockdowns in many countries will only lead to more chaos which is why they are lifting them carefully.

Certain countries like New Zealand have found the optimal way to control the spread of the virus at present which is impressive and other governments can learn from them. World governments need to optimally control the spread of the virus and kickstart their economy.

This situation will probably stay this way until the middle of next year after which the vaccine would probably solve the problem worldwide.

[sunsilk]

We are heading to the new normal. I've seen this post about the month of July which most of the international airports will be back in business and opening once again. Being an individual, as much as we want to stop the businesses back in operation, they have to.

Well for my community, it seems to me that things are getting worse. We already opened half of the economy bringing back the half of the jobs to the people whose inclined with the essential and basic job that we find safe as of now but the public transportation is not that well planned at all. I see people complaining in social media sites, those people who work from city to city needs to walk a very long road just to get on their workplace and I find it unsafe coz we know that the virus is attached any where. They might just caught it then spread it that way. New normal is slightly non-reliant for me now.

The solution to this is the physical distancing and public provided shuttles. It's really a hard thing to go to work if you're far from it and there's no means of transportation. The transportation sector should be clear in providing help to the coming back workers as they're both striving to help not just for their families but also to the economy.

A lot of jobs were already frozen during the quarantine period and we're in the middle of choosing what's best for us. Many will die of starvation if the government will run out of funds to sustain for the aid of its people. Not all of us have enough savings to fund our food until the virus is gone. There's no other choice for the governments but to push the economy to restart.

That's the problem facing by the government now, but totally closing the economy will just worsen the situation. What we need now is a strict implementation of rules and guidelines.
New norms shall be implemented wisely.

With regards to those guidelines, everyone should coordinate and help themselves too. Discipline will help each other to overcome this hardship. The cooperation that everybody will contribute is a big thing not just for the government but for every citizen.

[Coyster]

If the virus was deadlier than it is, I'd say it's way too soon to reopen businesses and so forth, but we're not talking about a virus that's as deadly as the one in the movie Contagion.  

Well not at all, I saw that movie this year (though released in 2011) and covid-19 pandemic just seemed to be reacting everything that was acted in that movie, except on a deadlier/fatal basis.

The recovery rate worldwide is far higher than mortalities, that means the virus can be managed, and people can recover or also die, just the same possibilities with other diseases like Cancer, Tuberculosis, Cirrhosis etc. The reason why governments locked down their countries was cause of how fast the virus can spread. With the curve coming down in quite a lot of countries I don't see why they should not ease off the lockdowns.

The awareness has been created, everyone is now conscious of the presence of the virus. People have to go to work, businesses reopened and life reenacted again, the government locked down their countries then as they tried to get a clue of what was going on, now that there are effective preventive measures, life must and should go on.