Covid-19 is obviously creating two profound crises - health and economic, and right now we seem to be in a tailspin on both. But, unless we get control of our economy quickly, we will not have the resources to attend to our health crisis. If our economy bottoms out, the dollar’s value will plummet, no one will buy government bonds, and our economy will shrink to such a degree that it will rival the worst years of the Great Depression in the 1930s. We can’t continue to stay home, not work, not spend $, and not produce goods and services. We need to get back to work. Therefore, the government should change its social policy immediately to one where all people over 70 and/or people who have underlying immunocompromised medical conditions should stay home and self-quarantine, and the rest of us should go to work. The large majority of people who contract the virus will survive without the need of any hospitalization or extraordinary medical care, which mean...
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