This will be a slow process
Many are predicting that economy will skyrocket once stay-at-home orders and other restrictions are lifted. But most economists say activity is likely to remain subdued amid worries about the virus.
“It’s just going to be a very long and slow recovery until such time as there is a therapeutic solution or a vaccine.”
Companies affected by the shutdowns say restarting the economy will not be that easy.
So do a wide variety of economic and survey data, which suggest that the economy will recover slowly even after the government begins to ease limits on public gatherings and allow certain shuttered restaurants and shops to reopen.
Michel Ouellette, ll.l, ll.m
Systemic Strategic Planning / Crisis & Reputation Management
Business Growth Strategist
Michel Ouellette / Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.
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