Paul Krugman: How many will die for the Dow?
In mid-March, after weeks in denial, Donald Trump finally admitted that COVID-19 was a serious threat and called on Americans to practice social distancing.The delayed acknowledgment of reality — reportedly driven by concerns that admitting that the coronavirus posed a threat would hurt the stock market — had deadly consequences. Epidemiological modelers believe that tens of thousands of deaths might have been avoided if America had started lockdowns even a week earlier.Still, better
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