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Economy
Sweden Has Become the World's Cautionary Tale
2020-07-09
h/t Hot Air
[NYT]
Even a stopped clock shows right time twice a day.
Ever since the coronavirus emerged in Europe, Sweden has captured international attention by conducting an unorthodox, open-air experiment. It has allowed the world to examine what happens in a pandemic when a government allows life to carry on largely unhindered.

This is what has happened: Not only have thousands more people died than in neighboring countries that imposed lockdowns, but Sweden’s economy has fared little better.

"They literally gained nothing," said Jacob F. Kirkegaard, a senior fellow at the Peterson Institute for International Economics in Washington. "It’s a self-inflicted wound, and they have no economic gains."

The results of Sweden’s experience are relevant well beyond Scandinavian shores. In the United States, where the virus is spreading with alarming speed, many states have — at President Trump’s urging — avoided lockdowns or lifted them prematurely on the assumption that this would foster economic revival, allowing people to return to workplaces, shops and restaurants.
Of course, Trump being Trump, I suspect "brier patch" type manipulation of his enemies.
In Britain, Prime Minister Boris Johnson — previously hospitalized with Covid-19 — reopened pubs and restaurants last weekend in a bid to restore normal economic life.

Implicit in these approaches is the assumption that governments must balance saving lives against the imperative to spare jobs, with the extra health risks of rolling back social distancing potentially justified by a resulting boost to prosperity. But Sweden’s grim result — more death, and nearly equal economic damage — suggests that the supposed choice between lives and paychecks is a false one: A failure to impose social distancing can cost lives and jobs at the same time.
Lock-down experiences show that the argument was totally false from the beginning. The lock-downs didn't hurt agriculture/manufacturing/transportation/sales. The only ones hurt were tourism (which is dead) and service industries. I feel kinda bad for working girls and falafel stands (hot dog in USA?). The restauraners - who mostly employ illegal "Palestinians" in Israel and illegal "Hispanics" in USA, can die far as I'm concerned.
Posted by:g(r)omgoru

#11  As I recall, the original discussion here was around the fact that introverted Swedes are naturally more isolated than gregarious Muslim colonists, and that by not mandating a lockdown the colonists would be afforded the opportunity to infect one another and differentially die off. Did this happen?
Posted by: trailing wife   2020-07-09 22:22  

#10  anyone can pick and choose a few examples to create an argument but the disease is more complicated than anybody understands, e.g., Switzerland never shut down and is are doing better than the US; within the US, South Dakota never shut down and is doing about the best among States
Posted by: lord garth   2020-07-09 19:37  

#9  "They literally gained nothing,"

Um, is that the correct standard? Shouldn't we be asking if not panicking with an idiotic lockdown led to the promised doom and chaos?
Posted by: Iblis   2020-07-09 14:07  

#8  Link to Turkish resort - retry
Posted by: Clem   2020-07-09 11:45  

#7  Anybody believing Turkish stats on covid, should ... contact me re Brookline bridge purchase - very good terms.
Posted by: g(r)omgoru PB   2020-07-09 06:16  

#6  Rats...on my tablet...things work better on desktop. Link was about Turkish jernt charging outrageous prices at it's resort.
Posted by: Clem   2020-07-09 06:04  

#5  Bad link Clem - should I assume ISIS tourism?
Posted by: g(r)omgoru PB   2020-07-09 05:56  

#4  Lockdown is a scam, of course the NYT is going to support it.
Posted by: Bright Pebbles   2020-07-09 05:52  

#3  Tourism "alive & well" in Turkey

Link fixed at 10:15 p.m. EDT. You had blank spaces before and after the URL inside the quotation marks, Clem.

— trailing wife for the moderators
Posted by: Clem   2020-07-09 05:29  

#2  I'm impressed by the lucidity of your thought processes and the cogency of your arguments Grundy1520.
Posted by: g(r)omgoru   2020-07-09 04:44  

#1  The comments are shameful "...can die far as I'm concerned."

And wrong, New York for example had more deaths than Sweden.

You cannot stop the world. Lockdown was and is wrong.

Posted by: Thorong Grundy1520   2020-07-09 04:37  

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