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Apr 23, 2020

A long lockdown makes economic sense

Do unemployment benefits cover the cost of living? Senate Majority Leader Mitch McConnell says states should be allowed to go bankrupt. One economist’s model shows how costly staying open with no lockdown would be for the U.S.

Economists say the cost of extended lockdowns will be less than the cost of a mass reopening.
Economists say the cost of extended lockdowns will be less than the cost of a mass reopening.
Drew Angerer/Getty Images

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A long lockdown makes economic sense