Bob Zimmerman catalogs it.
Some things will recover quickly, but we won’t have a robust recovery until people have sufficient confidence that they can go back to sporting events or movie theaters or restaurants at normal capacity, which will probably require a vaccine (even if it’s a placebo). And now, despite all the money being pumped into the economy, the Fed has to worry seriously about deflation.
We’re driving down to Tustin today for a meeting, so I checked out Sigalert. The entire area is green, averaging 65 or 70. They don’t even bother to do traffic on the morning news.
Lileks watched it.
They’ve completed their reorganization to ramp up launch activity. But I thought they were going to be restored to their own office reporting to the SecDOT? Is that not happening?
Want to make money? Brush up on it, or learn it.
Will it still be able to charge a premium for its vaunted “spaceflight expertise”?
Boeing had been riding on its laurels for too long a time. As I noted in the book, companies don’t have experience; people do. With Gerst gone, there’s a new sheriff in town at NASA.
The burden of proof should be on those who want to reimpose them.
This is a nice story amidst the other news: Returning one of the last B-17s to flight.
…seems to be at least somewhat effective.
If we can find what works for treatment, and only isolate the most vulnerable, that’s the best path forward to re-open the economy in the absence of a vaccine.
[Update a while later]
Time to dump epidemic models? All models are wrong, some are useful, but it’s not clear that these have been, though they’ve certainly been used to implement policies that a lot of people wanted to implement before the pandemic.
[Bumped]