The U. S. economy needs an even more stringent shutdown than the last time if it's going to defeat the coronavirus, Minneapolis Federal Reserve President Neel Kashkari said.
In a Friday New York Times op-ed he authored with Michael T. Osterholm, a professor and director of the Center for Infectious Disease Research and Policy at the University of Minnesota, Kashkari argues that the government should issue a shelter-in-place order "for everyone but the truly essential workers" for up to six weeks.
March's lockdown, issued as the coronavirus became a pandemic, was not sufficiently stringent and has led to the U. S. lagging other stricter nations when it has come to containing Covid-19, they said. The result "could make what we have experienced so far seem like just a warm-up to a greater catastrophe... (Read more)
Submitted 1368 days ago
Latest News