OPINION_ An Easter rebirth for our economy? Hallelujah: Goodwin

NEW YORK POST

OPINION

An Easter rebirth for our economy? Hallelujah: Goodwin

By Michael Goodwin
March 24, 2020 | 10:11pm



AFP via Getty Images


Last Sunday morning, a friend wise in the ways of things both political and economic offered a thought. The next big decision for the White House, he said, would be how and when to get the country back to work. Otherwise, the economic damage from the coronavirus outbreak would be too deep and painful to bear.

Fortunately, President Trump already was thinking along those lines. Late that night, he tweeted in all caps that “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF” and promised to reassess the federal guidelines at the end of the established 15-day period.

By Tuesday, the idea had evolved into a plan, with Trump suddenly announcing a goal of an Easter resurrection for the economy, meaning April 12.

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READ MORE: https://nypost.com/2020/03/24/an-easter-rebirth-for-our-economy-hallelujah-goodwin/


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Similarly, auto accidents also routinely claim more than 30,000 American lives each year.

We tolerate those horrific fatalities, Trump said, without shutting down the economy. The obvious implication is that it is impossible to eliminate the coronavirus, but we can contain it and get on with our lives, as we must.

That, too, is both realistic and necessary.

Trump’s comments about an Easter rebirth, along with reports that Congress is finally moving close to a deal on a $2 trillion stimulus package, led the stock markets to their best single day since 1933. All in all, then, Tuesday was a much brighter day than most.

Yet it’s far too soon to be confident that the road ahead will be smooth and that the nation is on a direct path to recovery. Much about the deadly scourge still remains unknown, and it is worth remembering how recently it came from China and how much it has shaken nearly the entire planet in less than two months. Other nasty surprises cannot be ruled out.

Against the upheaval, the old nostrums sound wise. Steady as she goes, be patient and take it one day at a time.

And pray for each other, our nation and its leaders so that America, too, will rise again.

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