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Analysis: Weighing The Risks And Rewards Of Severe Lockdown Restrictions




Pedestrians walk by the closed Gold Dust Lounge on August 13, 2020 in San Francisco, California.
Pedestrians walk by the closed Gold Dust Lounge on August 13, 2020 in San Francisco, California.
Justin Sullivan/Getty Images

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A number of state and local leaders may have jumped the gun when they enacted broad lockdown restrictions in response to the coronavirus pandemic, which began escalating in the U.S. back in March. That’s according to a recent analysis published in the Wall Street Journal.

The piece explains that five months ago nobody quite knew what the country was up against, and many elected leaders felt they had little choice as they weighed the risks of an economic crisis on top of an evolving public health crisis. In hindsight, experts now say the total lockdowns may have been unnecessary and overly damaging and that a better strategy moving forward would be to focus on more specific restrictions and closures. Today on AirTalk, we discuss the latest analysis of total lockdowns and what they’ve meant economically for places beyond the U.S. Do you have thoughts? Call 866-893-5722.

Guest:

Greg Ip, chief economics commentator for the The Wall Street Journal; he tweets @greg_ip