Biden's COVID-19 Advisor Speaks in Favor of a Nationwide Lockdown.
Dr. Michael Osterholm, a member of President-elect Joe Biden’s COVID-19 “advisory board,” has spoken out about the benefits of a lockdown.
He told Yahoo Finance on Wednesday that the United States has a “big pool of money” available to help get the economy back on track during a lockdown.
We could pay for a package right now to cover all of the wages, lost wages for individual workers, for losses to small companies, to medium-sized companies or city, state, county governments, Dr. Michael Osterholm, via CNBC.
With those measures in place, Osterholm said the U.S. could lock down for “four to six weeks.”.
According to Osterholm, doing so would allow the U.S. to easily cruise into 2021’s stage of "vaccine availability.".
We could really watch ourselves cruising into the vaccine availability in the first and second quarter of next year while bringing back the economy long before that, Dr. Michael Osterholm, via CNBC.
Osterholm previously argued in favor of a nationwide lockdown in an August op-ed for ‘The New York Times.'.
Osterholm and Minneapolis Federal Reserve President Neel Kashkari said the lockdown in early 2020 failed because it was not “uniformly stringent.” .
The problem with the March-to-May lockdown was that it was not uniformly stringent across the country … To be effective, the lockdown has to be as comprehensive and strict as possible, Osterholm and Kashkari, via 'The New York Times'