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Only one comment on this, since I think most of it, even where I disagree, is defensible. Stagflation had more to do with a and c then b. During the 70s we didn't have high unemployment, except in the two recessions, (see https://www.thebalance.com/unemployment-rate-by-year-3305506), though it...

You've just refuted your own point. The reason we changed the measures is that they weren't working to measure inflation accurately. As you just showed us.

1. No, there isn't. I believe you are thinking of secular stagnation. That's different. We haven't had "stagflation" since the 1970s and there's absolutely no evidence of it now. 2. The problem with your analysis is that it doesn't include multiplier effects. The whole reason for the recent...

Or you develop a vaccine. I think that's our only realistic hope. I don't think this program is sustainable for an area as large as the US with a population distribution like ours. Not to mention the problems with scale. We can try and we might slow the thing down, if we are conscientious. But...

Appropriate the money. Look at the federal funds rate. The government of the US can sell any bond it prints in a New York minute at a negative interest rate, when inflation is factored in. Besides, in a recession there are no inflationary pressures. If the last 10 years have taught us anything...

They aren't enough.

See: https://theincidentaleconomist.com/wordpress/when-can-we-get-back-to-normal/ I'm not saying anything that medical experts - Carroll isn't the only one - are saying. There's no question that opening up even following the guidelines will be a risk and will lead to more cases and deaths. But...

Well, if you want to avoid unnecessary deaths and assaults on health, yes. I wouldn't be at all surprised if we had to close things down again around September. But maybe we'll get all rational all of a sudden and develop the capacity to handle a second wave while we get a respite. This process...

Good. Problems = the guidelines say two weeks after peak, not one. Also, what's the testing/contract tracing infrastructure up there? Still, it looks like South Carolina is in much better shape then we are to take on the inevitable resurgence. As long as the state stays careful and isn't afraid...

I stand corrected. But … What does the public health service in South Carolina say about the governor's plans? And what's the state of testing and contact tracing there? Btw, I mean statewide, not just in Charleston.

No. I think that, assuming that the guidelines were followed sincerely, we can expect that the re-ignition of the virus will be within controllable limits, just like Fauci and others said when the guidelines were released. It isn't a matter of no resurgence; it's a matter of having an...

Yes, well, all this assumes something not in evidence: that Brian Kemp is paying any attention at all to expert advice on when to re-open the state. I think it is crystal clear that he is not. And I think we'll see a resurgence of cases. And I don't think he will lock down the state again. And...

Well, gooooood for you. I was writing about Georgia.

Actually, I thought the federal guidelines about re-opening were pretty good, if they were followed. But I never expected that they would be and I was right. None of the SE states that are re-opening have even begun to reach the "plateau, then decrease" phase of their epidemics and, of course...

I'm sure you are right. I'm also sure that it doesn't matter if you are. The laws we've passed so far are both unfair and coercive. Some workers are covered; some aren't. The ones who aren't are caught in Catch-22. The simplest solution would have been to return what workers have already paid...

See: It seems you are in a - shall we say? - minority. Btw, this is a truly massive poll and the results are dead (no pun intended) stable. Most of this is an astroturf operation as well. You can find the gory details in any news story on the "protests".

They will soon. We already have herd immunity for most of the major diseases (but see measles) and it isn't so much of a concern. But we don't for this one. The rest of your post simply repeats your original points without any argument at all. No need to respond to that. Come up with a...

By this kind of reasoning any kind of assault against a new virus is out. It isn't my choice to stay at home that's at risk; it's my health. And your choice puts it at risk. If I could be sure that you would not catch and transmit the disease, fine. But, of course, I can't and neither can anyone...

She's right to be scared. Thanks her for all of us. Going to work when your health is at risk is what you call honorable.