As protests erupt across Europe over Covid restrictions and lockdowns, the United States government has assured its citizens that it does not need to implement lockdowns or restrictions to curb the spread of the virus. Hence, there are no plans to imitate what European nations are doing.
This comes after Austria, Netherlands, and some other European countries announced plans to enforce certain restrictions in the coming weeks.
As the yuletide season is near there will be tendencies for caution to be thrown in the air as people bask in the joy of the season sharing hugs without care about maintaining social distancing.
What the US government is saying
According to the White House coronavirus response coordinator, Jeff Zients, “We can curb the spread of the virus without having to in any way shut down our economy.”
He further said that instead of locking down the U.S, the Federal Government would “rely on vaccines and therapeutic treatments to keep the country running in the event of another devastating Covid wave.”
Financial Implications of lockdowns
Opinion around the issue of lockdowns and restrictions in the U.S has mostly been against the idea and this is not entirely baseless considering the effect of the lockdown in 2020 that lasted months.
Demand and supply shocks were part of the impacts of the lockdown which in turn led to a severe economic downturn.
Lockdown measures and social distancing meant that industries could not operate due to a large amount of personnel needed to run operations, hence, the capacity to produce goods was greatly disrupted.
These and many other reasons are why people are against the adoption of lockdown measures, especially in Europe.
