Goldman Sachs economist just said the most obvious thing ever about face masks

Face mask
  • Goldman Sachs' chief economist has said that a national face mask mandate could not only benefit public health, it could even go so far as to save the economy.
  • He made the claim in a note to clients Monday, arguing for a national requirement that everyone wear face masks in the face of the coronavirus pandemic.
  • This comes as President Trump has voiced skepticism about face masks, while former Vice President Joe Biden has said he would sign an order requiring them.

With health experts now issuing dire warnings about the trajectory of the coronavirus pandemic over the coming weeks and months, economists are now weighing in with recommendations for what they think ordinary people can do to bend upward slope of cases in the US. Are you ready for this? It's a really simple recommendation, and most of you are probably already doing this anyway -- it's just the holdouts amongst you who are presenting such a worrisome exception right now:

Wear. Your. Face. Mask.

“We find that face masks are associated with significantly better coronavirus outcomes,” Goldman Sachs chief economist Jan Hatzius wrote in a note to clients Monday. “Our baseline estimate is that a national mandate could raise the percentage of people who wear masks by 15 (percentage points) and cut the daily growth rate of confirmed cases by 1.0 (percentage point) to 0.6%.

Continue reading...

Today's Top Deals

  1. Today’s top deals: Purell hand sanitizer, Honeywell face masks, Purell wipes, $5 smart plugs, huge SanDisk sale, more
  2. Amazon has 62¢ reusable face masks with a special antimicrobial coating
  3. Secret sale scores you a Fire TV Stick 4K for less than an entry-level Fire TV Stick

Trending Right Now:

  1. No one is talking about one obstacle that may prolong the coronavirus pandemic
  2. We might finally know why the coronavirus spread is out of control again
  3. The case for more stimulus checks just got much stronger

Goldman Sachs economist just said the most obvious thing ever about face masks originally appeared on BGR.com on Tue, 30 Jun 2020 at 21:14:36 EDT. Please see our terms for use of feeds.

Comments

Popular posts from this blog

Retailers are scrambling to find trucks amid the pandemic, generating record-smashing pay for drivers

What Facebook doesn’t understand about the Facebook walkout

Woodward claims he sat on Trump coronavirus remarks for 6 months in order to do more fact checking