September 24, 2021
Economy

The Recorder – My Turn: Economy and a COVID resurgence

Dr. Anthony Fauci, the nation’s top infectious diseases expert, does not expect the U.S. will need to reenter lockdown as the delta strain of the coronavirus drives surges in new cases across the country. Even if that prediction proves to be correct, there are still many reasons for concern about the economy. Let’s look at a few of them.

Fear of infection due to the more infectious delta variant and the increase in breakthrough illnesses can keep large numbers of potential consumers from restaurants, indoor shopping and travel that they have recently resumed doing. That would be a self-imposed, mini-lockdown even without a government mandate.

Illness is an economic problem, not just a humanitarian one. It is difficult for an organization, business or government agency to operate effectively if managers don’t know who will show up to work. It’s not just the sick employee to…

Read full article here: www.recorder.com