America is at the Beginning of the End of the Covid Crises

The end is here

The Virus heads to the exit, and America experiences an economic boom.

With hopes of quick containment dashed, most all communities imposed increasingly severe measures over the past couple weeks — shutting borders, closing school for tens of millions of children and ordering tens of thousands of businesses to close their doors — to try to face down the disease.

Lockdowns, social distancing or old fashioned good luck kept America safe from the widespread outbreak unlike the one in parts of Europe. America is beyond many of the 14 day rolling community lockdowns, and not even New York or California will be infected like China. As of March 23 the number of deaths in America is a low 504. That’s far less than the number of 130 Americans who commit suicide every day; the unemployed are twice as likely to kill themselves.

There is little use in preventing people who work alone from working.

But like China, America must start lifting the quarantine restrictions and let young people get back to work. Starting today Americans under age 65 must be allowed to resume their jobs. Students and those over 65 could remain on lockdown for now. Restaurants and bars could open with 6 foot distances between patrons. Food servers and bartenders could wear masks and gloves (if they can find them). Anyone that works alone in an office, a desk or a cubicle, and can maintain physical distance of six feet from each other, should be allowed to return to work.

As work restrictions are lifted, the stock and bond market will emerge ahead of the other economic sectors. Fiscal stimulus measures will add to the boom. The panic sweeping the country will dissipate. Supply chains will function at capacity bringing supply shortages to a welcome end. America can have a great 2020 but it must act now.

About Stout Law Firm

James Stout has practiced law in Orange County since 1995 and is highly regarded by the business community. He has passed three bar exams, California, Arizona and Nevada.
This entry was posted in Covid-19 Corona Virus, Uncategorized. Bookmark the permalink.

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