Alrighty then, things reopen so they can sell goods & services & save the economy. Dead people gonna buy stuff?
No sadly they are not. Having said that, it is true that, the Black Death was followed by an economic boom a year or two down the line, as people spent their inheritances and a shortage of workers raised wages. But it is not going to be that good this time.
I suspect this is mostly about restaurants, travel and services. We've all gotten our groceries OK for the past month and Amazon has provided most of whatever else we've needed. Meanwhile, we may have discovered we actually CAN cook and make coffee at home. Travel and restaurants will be a year or so to achieve their new "normal". Are YOU willing to sit for 6-hours in crowded plane seats with people who were in 20-different cities 4-hours ago, coughing all around you? Ready for a 7-day cruise on a floating Petri dish where the crew and passengers came from an entire hemisphere in the past few days? Even sit a restaurant for an hour with people from your city and 5 others. NOT ME. NO NO NO NO. The people who lost all those jobs should be using this free time to re-train for a new career. Many/most of your jobs are not coming back. Retrain as case trackers (that field will explode) and nurses... there's never an overabundance of nurses... anywhere!
The people who want to "open the economy" are those who benefit from the services of low-wage workers. They don't want to work, they want to be serviced.
"Dead people gonna buy stuff?"
Well... THAT'S a tricky question, isn't it? Once we get into the economics of death, we have to consider more than just funeral homes! There is also the transfer of wealth, whether to heirs, taxes, or...well, crap, I dunno...I've never had enough money to worry about the rest. I'm sure that some economist, somewhere, has made an argument to that effect, though.
Personally, I'm torn between the economic arguments for opening the economy (not the short-term arguments, by the way, but the long-term arguments cause me a vague unease,) and the medical arguments for staying home.
Just stay home..please.
@Charlene I was a homebody well before the virus.
I'll stay home, and be fine with it. But, don't you ever wonder about such things?
@AmyTheBruce during this pandemic?..NOooo