Reopening Local Economies
People have conflicting opinions on the reopening of economies. The reality is, local politicians are in a lose-lose situation. You open it up to soon, infections increase but if you don’t, economic structural damage will be inevitable. Local governments can’t print money. What happens if local governments run out of money? What impact will it have on communities? Economically speaking, is it realistic to keep local economies shut down with no money being spent until COVID-19 is non-existent?
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