How to Save Lives and the Economy
How economically valuable is a face mask mandate in terms of reducing the need for broad lockdowns with their well-documented negative effects on GDP (Gross Domestic Product)? That was one of three questions that the people at Goldman Sachs recently answered, using their analytical tools. [1] You can read the nitty gritty details of how they conducted their analysis in their recent publication on the subject, but here is the bottom line from Goldman Sachs: “Thus, the upshot of our analysis is that a national face mask mandate could potentially substitute for renewed lockdowns that would otherwise subtract nearly 5% from the GDP.” How serious is a 5% drop in the GDP? That’s about how much the GDP fell in the first quarter of 2020 – the worst quarterly decline since 2008, during a deep recession. Our economy cannot sustain continued declines such as this. A wide variety of masks are for sale at shopdingdarling.com where 100% of the profit...