Matthew Yglesias

@mattyglesias ↗

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Last Checked May 17, 2020

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Fri Apr 10 13:39:40 +0000 2020

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Matthew Yglesias @mattyglesias

Restaurants and retailers operate on very low margins, if you “open up” but a third of the customers stay away the businesses all fail anyway. — PolitiTweet.org

Posted April 10, 2020 Hibernated

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Matthew Yglesias @mattyglesias

The fact that the government has ordered businesses closed is giving politicians “permission” to stop caring about moral hazard. I worry premature “opening up” will lead to less stimulus, still no customers, and actually make the economy worse. — PolitiTweet.org

Posted April 10, 2020 Hibernated

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Matthew Yglesias @mattyglesias

But if people don’t practice grassroots distancing and all go out and pack the bars & travel a lot, then the virus will spread out of control and we’re back into lockdown. — PolitiTweet.org

Posted April 10, 2020 Hibernated